Yearly Archives: 2010

/2010

AMEX CLOSES $975,600 PRIVATE PLACEMENT

Montreal, December 29, 2010 – AMEX Exploration Inc. (“Amex”) (TSXV: AMX) announce the closing of a private placement of: $975,600. The private placement consist of: 314 units “A” (the “Units A“), at a price of $2,900.00 per Unit, each Unit “A” consist of 8000 flow-through common shares at a price of $0.30 per flowthrough common share, 2,000 common shares at a price of $0.25 per common share and 2 000 share purchase warrants. Each share purchase warrant shall entitle its holder thereof to acquire one additional common share of Amex at a price of $0.35 for a period of 12 months or $0.45 for a period of 24 months from the closing [...]

By | 2017-08-03T11:26:45+00:00 December 29th, 2010|

AMEX ANNOUNCE DRILLING ON NEW GOLD BEARING STRUCTURE AT CAMERON PROPERTY

MONTREAL, Canada December 14th 2010- Amex Exploration Inc. (AMX: TSX-V) is pleased to announce beginning of drilling in the new gold bearing structure on its 100% owned Cameron property located in Northern Québec. The property is located at about 25 kilometres to the NE of Lebel-sur-Quévillon in the north-western part of Quebec, and consists of 13 claims for a total area of 731 hectares. Follow up trenching, based on new geophysic surveys (see press release of June, 15th,2010), combined with compilation data from previous trenching and grab sampling done by SOQUEM in the early 90’s, as led to the identification of a gold-bearing structure that returned an intersect of 1,07 g/t [...]

By | 2017-08-03T11:27:37+00:00 December 14th, 2010|

DISCOVERY OF A HUGE MASSIVE SILICA CAP AT NATORA-SOUTH (CHIVAS), MEXICO.

Montreal, Canada – October 26th, 2010 – AMEX EXPLORATION INC (AMX: TSX-V, “ The Company”) is pleased to announce the discovery of a previously unknown very important silica cap and to provide an update of the ongoing exploration activities on its Natora South (Chivas) Property, located in the State of Sonora, Mexico. The Property, which is located in the Sierra Madre gold belt, covers over 24,841 hectares and was optioned to Bowmore Exploration ltd (BOW:(TSX-V) in may of 2010 (see PR of 12-07-10), Amex being the operator. Following(Bowmore exploration program consisting of) an airborne survey covering 75 square kilometres and a detailed stream survey (heavy mineral concentrate), several structures and target areas were [...]

By | 2017-08-03T11:28:27+00:00 October 26th, 2010|

AMEX CONFIRMS NEW GOLD BEARING STRUCTURE ON ITS 100% HOLD CAMERON PROPERTY, Northern Québec

MONTREAL, Canada_September 8th 2010- Amex Exploration Inc. (AMX: TSX-V) is pleased to announce the discovery of a new gold bearing structure on its 100% owned Cameron property located in Northern Québec. The property is located at about 25 kilometres to the NE of Lebel-sur-Quévillon in the north-western part of Quebec, and consists of 13 claims for a total area of 731 hectares. Follow up trenching, based on new geophysic surveys (see press release of June, 15th,2010), combined with compilation data from previous trenching and grab sampling done by SOQUEM in the early 90’s, as led to the identification of a gold-bearing structure that returned an intersect of 1,07 g/t Au over [...]

By | 2017-08-03T11:29:12+00:00 September 8th, 2010|

AMEX GRANTS TO BOWMORE AN OPTION TO ACQUIRE 50% INTEREST FOR 1 MILLION $ IN ITS NUEVA ESCONDIDA PROPERTY IN MEXICO

Montreal, Canada, July 12, 2010 – AMEX Exploration Inc. (“AMEX”) (AMX:TSXV) is pleased to announce that it has signed an option agreement with Bowmore Exploration Inc (BOW: TSX-V) in which Bowmore may acquire a 50% interest in the Nueva Escondida property from Minerales X-ORE S.A. de C.V. a Mexican mining corporation subsidiary of Amex Exploration inc in the State of Sonora, Mexico. Minerales X-ORE S.A. de C.V. was obtained from Blue Note Mining Inc. by the acquisition of all the outstanding shares of X-Ore International Inc as disclosed on press release dated March 18, 2010. The Nueva Escondida Property is composed of 8 claims covering over 6,100 hectares and is located [...]

By | 2017-08-03T11:29:58+00:00 July 12th, 2010|

AMEX EXPLORATION STARTS A NEW EXPLORATION PROGRAM ON ITS CAMERON PROPERTY, Northern Québec

MONTREAL, Canada; June 15th 2010- Amex Exploration Inc. (AMX: TSX-V) is pleased to announce the beginning of a new exploration program starting with a geophysical survey on its 100% owned Cameron property located at 26 kilometres to the North of Lebel-sur-Quévillon in the north-western part of Quebec and consists of 13 claims for a total area of 731 hectares. This survey will be followed by trenches and sampling and finally, upon results obtained by these work, by a first phase of drilling of about 1200 meters, to be started during this summer. This exploration program is a follow up of previous work done by SOQUEM who has explored the north-eastern half [...]

By | 2017-08-03T11:30:48+00:00 June 15th, 2010|

AMEX TO CONDUCT AIRBORNE MAGNETIC AND RADIOMETRIC SURVEY IN MEXICO

Montréal, Québec – May 12th, 2010 – Amex Exploration inc. (AMX: TSX-V, “The Company”) is pleased to announce that MPX Geophysics Ltd. of Markham Ontario, is starting a helicopter borne geophysical survey on the recently group of properties bought from Blue Note Mining that includes its 100% owned Nueva Escondida and Natora North under the same contract, the survey will also cover the Natora-South property recently optioned by Bowmore and now called the Chivas property. The group of properties cover over 48,000 hectares in Sonora, Mexico and are all located within the Sierra Madre Occidental gold belt known for its numerous gold-silver mines. The airborne survey is scheduled to commence this [...]

By | 2017-08-03T11:32:24+00:00 May 12th, 2010|

AMEX CLOSES SECOND TRANCHE OF $1,500,000 FINANCING

Montréal, April 8, 2010 – Amex Exploration Inc. (TSX: AMX) (“Amex”) announces that it has closed the second tranche of a $1,500,000 financing consisting of xxxxx units of Amex, at $0.25 per Unit, for total gross proceeds of $xxx,000. Each Unit is comprised of one common share of Amex and one common share purchase warrant entitling the holder thereof to acquire one additional common share of Amex at $0.35 per share for a period of 12 months following the closing date and thereafter at the price of $0.45 during an additional period of 12 months. Majors participants in this private placement include SODEMEX ($150,000), Bowmore (TSX: BOW) ($62,500), Kingsdale Capital Market [...]

By | 2017-08-03T11:33:57+00:00 April 8th, 2010|

AMEX NOMINATES EXPLORATION TEAM IN MEXICO

Montréal, Canada, April 27, 2010 – Amex Exploration Inc. (“Amex”) (TSX:AMX) is pleased to announce that it has signed highly qualified and experienced individuals that will form the core of its new exploration team that will operate its newly acquired subsidiary ‘Minerales X-Ore S.A. de CV’ that holds three properties covering more than 40,000 hectares in the prolific Sierra Madre Gold-Silver Belt of Mexico. This group of specialists, that has a vast experience of exploration in Mexico and will be working out from our new company’s exploration office located in Hermosillo, Province of Sonora, Northern Mexico, are as the following: Juan-Manuel Morales is appointed as our national General Manager for the [...]

By | 2017-08-03T11:33:13+00:00 April 2nd, 2010|