Yearly Archives: 2013

/2013

AMEX STARTS A NEW DRILLING CAMPAIN ON ITS CAMERON GOLD PROPERTY, NORTHERN QUEBEC.

MONTREAL, Canada- November 26, 2013- Amex Exploration Inc. (TSXV:AMX) (“Amex” or the “Corporation” )   is pleased to announce that it has just started a new drilling campaign on its 100% owned Cameron gold 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.   This new phase of drilling consists of 5 drill holes totalling about 1,250 meters that is in fact a follow-up of Amex drilling campaign done in early 2011 where a gold-bearing shear zone located in a mylonitized felsic volcanic unit was intersected. Indeed, [...]

By | 2017-08-03T10:52:52+00:00 November 26th, 2013|

AMEX CLOSES $509,200 PRIVATE PLACEMENT

Montreal, November 01, 2013 – Amex Exploration Inc. (TSXV: AMX) (“Amex” or the “Corporation”) is pleased to announce that it has closed a non-brokered private placement of an aggregate amount of $509,200.00, through the sale of “A” & “B” units respectively prices at 1,400.00$ and 1,300.00 each. The securities issued pursuant to the sale of the “A” units are: 3,210,000 flow-through common shares, priced at $0.14 each, and 1,605,000 common share purchase warrants (“Warrant A”). Each Warrant A entitles the holder to purchase one additional common share, at a price of $0.20 each, for a period of 18 months following the closing date. The securities issued pursuant to the sale [...]

By | 2017-08-03T10:53:55+00:00 November 1st, 2013|

DRILLING HAS STARTED ON THE PERRON GOLD PROPERTY

Montreal, August 30th, 2013 – Amex Exploration Inc. (TSXV: AMX) (“Amex” or the “Corporation”) is pleased to report that Agnico Eagle Mines Limited (TSX: AEM, NYSE:AEM) (“Agnico Eagle”) has started a new drilling program on the Perron Gold property owned by Amex. This drilling program is part of the Option Agreement that was recently signed (see PR dated June-21st, 2013) where Agnico Eagle has exploration expenses commitment of $4,500,000 over a three year period to earn a 51% interest in the property. The Perron gold property is located at about 5km NW from Normetal mine-town in the Abitibi region of Quebec and is easily accessible by road network.   Agnico Eagle has informed Amex [...]

By | 2017-08-03T10:54:45+00:00 August 30th, 2013|

AMEX CREATES A TECHNICAL ADVISORY COMMITTEE

Montreal, July 15, 2013 – Amex Exploration Inc. (TSXV: AMX) (“Amex” or the “Corporation”) is pleased to announce the creation of a Technical Advisory Committee and the appointment of three well respected mineral exploration and mining industry veterans. These three individuals are expected to provide additional guidance to the Company’s exploration and acquisition strategies.   Jean Depatie, B.A. M.Sc., Geology Mr Depatie has over 40 years of national and international experience in the mining industry. He has previously held positions at mining companies including being on the board of companies such as Glamis Gold (now Goldcorp), Novicourt (now Xstrata), Consolidated Thompson (now Cliffs Natural Resources) and he is currently director of Alabama Graphite Corp and [...]

By | 2017-08-03T10:55:35+00:00 July 15th, 2013|

AGNICO EAGLE MAKES A PRIVATE PLACEMENT IN AMEX EXPLORATION AS PART OF THE OPTION AGREEMENT ON THE PERRON PROPERTY

Montreal, July 2, 2013 – Amex Exploration Inc. (TSXV: AMX) (“Amex” or the “Corporation”) is pleased to announce that it has closed a non-brokered private placement in the amount of $403,000.00 with Agnico Eagle Mines Limited (“Agnico”), as announced on June 21, 2013 and as part of the Option Agreement on the Perron property. The closing occurred Friday afternoon June 28, 2013.   A total of 3,100,000 shares were sold to Agnico at a price of $0.13 per share, for a total amount of $403,000.00. As a result of the transaction Agnico owns 5.76% of Amex`s issued and outstanding shares on a non-diluted basis.   Pursuant to the share purchase agreement between Amex and [...]

By | 2017-08-03T10:56:20+00:00 July 2nd, 2013|

AMEX ENTERS INTO AN OPTION AGREEMENT FOR THE PERRON PROPERTY AND SHARE PURCHASE WITH AGNICO EAGLE MINES LIMITED.

  ·         To acquire a 51% interest: cash payment of $450,000 and $4.5 Million in exploration work over a three year period and investment of $400,000 in Amex by private placement within 10 days of closing.  ·         Option to increase to 65%: additional $8 Million of work on the property and/or funding of feasibility study.    Montreal, June 21, 2013 – Amex Exploration Inc. (TSXV: AMX) (“Amex” or the “Corporation”) is pleased to announce that it has granted Agnico Eagle Mines Limited (“Agnico”), an option to acquire an undivided 51% interest in the Perron property (the “Option”).   The Perron gold project is located at about 5 km NW from Normetal mine-town in the Abitibi region [...]

By | 2017-08-03T10:57:20+00:00 June 21st, 2013|

AMEX CLOSES $422,000.00 FOR FIRST AND SECOND TRANCHE PRIVATE PLACEMENT.

Montreal, May 15, 2013 – Amex Exploration Inc. (TSXV: AMX) (“Amex” or the “Corporation”) is pleased to announce that it has closed a second tranche in  a non-brokered private placement in the  amount of $55,000.00, through the sale of  units priced at 1000$ each, bringing the financing at $422,000.00.  (see PR. of May 10, 2013)   The securities issued pursuant to  the sale of 55 units are: 467,500 flow-through common shares, priced at $0.10 each and 82,500 common shares priced at $0.10 each.   In connection with the private placement, Amex paid a finder’s fee in the amount of $3,300.00 and issued 33,000 finder’s warrants.  Each finder’s warrant entitles the holder to purchase one common [...]

By | 2017-08-03T10:58:05+00:00 May 15th, 2013|

AMEX CLOSES $367,000 PRIVATE PLACEMENT

Montreal, May 10, 2013 – Amex Exploration Inc. (TSXV: AMX) (“Amex” or the “Corporation”) is pleased to announce that it has closed a first tranche in  a non-brokered private placement in the  amount of $367,000.00, through the sale of  units priced at 1000$ each.   The securities issued pursuant to the sale of 367 units are: 3,119,500 flow-through common shares, priced at $0.10 each and 550,500 common shares priced at $0.10 each.   In connection with the private placement, Amex paid a finder’s fee in the amount of $20,820.00 and issued 208,200 finder’s warrants.  Each finder’s warrant entitles the holder to purchase one common share, at a price of $0.10, for a period of 24 months [...]

By | 2017-08-03T10:58:48+00:00 May 10th, 2013|

HIGH GRADE POLYMETALLIC MASSIVE SULFIDE CONFIRMED AT PERRON ; 19.1 g/t Au, 102 g/t Ag, 5.0 % Zn , 0.38 % Cu and 0.13 % Pb OVER 2.0 METERS

Montreal, Canada – March 19th, 2013 – AMEX EXPLORATION INC (AMX: TSX-V, “The Company”) is very pleased to confirmed the polymetallic nature of the gold mineralization intersected  and published about two weeks ago (see PR of March 4th 2013) from hole PE-13-03 on its 100% owned Perron property located near Normetal, Abitibi, Quebec. Indeed after having receiving the gold content from Labexpert, the samples from hole PE-13-03 were then sent to Actlab for multiple elements analysis including silver (Ag) and the base metals (ie Zn, Cu and Pb) of which we just received the results. The updated table 1 shows clearly the polymetallic nature of the intersected gold mineralization, but also confirmed the high grade [...]

By | 2017-08-03T10:59:51+00:00 March 19th, 2013|

GOLD-RICH POLYMETALLIC MASSIVE SULFIDE DRILL INTERSECTION RETURNED 3.84 G/T AU OVER 15.2 METERS AT PERRON PROJECT NEAR NORMETAL, ABITIBI, QUEBEC

Montreal, Canada – March 4th, 2013 – AMEX EXPLORATION INC (AMX: TSX-V, “The Company”) is very pleased to announced the intersection by drilling of two wide zones of polymetallic massive sulfides stringers and veins, that is interpreted to represent a typical feeder zone associated with volcanogenic massive sulphide deposit (VMS) that has been later deformed and possibly transposed, on its 100% owned Perron Gold project located near Normetal, Abitibi, Quebec.   The first zone intersected in Hole PE-2013-03 at a vertical depth of about 350 meter, returned an overall grade of 2,19 g/t Au over a core length of 41.4 meters, including a higher grade sub section of 3.84 g/t [...]

By | 2017-08-03T11:00:48+00:00 March 4th, 2013|