AMEX EXPLORATION GOLD DISCOVERY INVESTOR NEWS

Montreal, January 30, 2014 – 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 $540,000.00, through the sale of “A” & “B” units respectively prices at 1,440.00$ and  360.00$ each.

The securities issued pursuant to the sale of the “A” units are: 2,400,000 flow-through common shares, priced at $0.18 each, and 1,200,000 common share purchase warrants (“Warrant A”). Each Warrant A entitles the holder to purchase one additional common share, at a price of $0.25 each, for a period of 18 months following the closing date.

The securities issued pursuant to the sale of the “B” units are: 600,000 common shares priced at $0.18 each and 300,000 common share purchase warrants (“Warrant B”).  Each Warrant B entitles the holder to acquire one additional common share at $0.25 per share, for a period of 18 months following the closing date.

In connection with the Private Placement, Amex paid a Finder’s fee in the amount of $37,800.00 and issued 210,000 finder’s warrants.  Each finder’s warrant entitles the holder to purchase one common share, at a price of $0.18, for a period of 18 months following the closing date.

The net proceeds from the sale of the flow-through shares will be used to finance the Corporation’s exploration program on its properties located in the Province of Quebec, and the net proceeds from the sale of the common shares will be used by the Corporation for general working capital purposes.

All securities issued pursuant to the Private Placement are subject to a 4-month and one day hold period. The Private Placement is subject to the receipt of all necessary regulatory approvals, including the final approval of the TSX Venture Exchange.

Amex Exploration Inc. is a junior mining exploration company listed on the TSX Venture Exchange whose primary objective is to develop and bring into production viable gold and base metal deposits.

For further information please contact Jacques Trottier or Pierre Carrier at 514-866-8209.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Montreal, February 4, 2014 – Amex Exploration Inc. (TSXV: AMX) (“Amex” or the “Corporation”) is very pleased to announce that a new gold-bearing horizon has been identified following a first phase of drilling on Amex’s Perron property executed under the option agreement with Agnico Eagle Mines Ltd (“AEM”; see press release of June 21st, 2013 for details on the option agreement terms and conditions).

This horizon, that has been intersected and recognized in 9 drill holes up to now, has an average width of about 15 to 20 meters (up to 80 meters) with gold values that range from 0.20 to 0.90 g/t (see table 1). The best result is from hole 163-13-002, with an intercept of 22,5 meters at 0,93 g/t Au  including 1,5 meters at 7,58 g/t Au. Geologically, this horizon is typically composed of high sericite and silica bearing rhyolitic volcanics associated with pyrite and, occasionally, with visible gold (VG). This stratigraphic horizon has been followed over a minimum strike length of 400 meters and to a depth of 400 meters below surface and it is open in all directions.

Table 1: New identified gold-bearing horizon drill intersects.

– PE-2013-02 : about 0.5 g/t Au over 15 m

– PE-2013-01 : about 0.4 g/t Au over 20 m

– 163-13-003A : about 0.5 g/t Au over 15 m

– PE-2011-04 : about 0.9 g/t Au over 7.7 m

– PE-2000-65b-ext : about 0.2 g/t Au over 10.5 m

– 163-13-001 : about 0.2 g/t Au over 20 m

– 163-13-002 : about 0.9 g/t Au over 22.5 m

– PE-1999-51p : about 0.2 g/t Au over 86.8 m

– PE-2000-63 : about 0.3 g/t Au over 14.9 m

Note: gold values per intersect are an approximation based on partial results from 2013 drilling and should be taken as a general reference.

This new horizon is located at the top of a rhyolitic unit (Rhyolite 6a), just under another rhyolitic unit that is lithogeochemically quite different  (Rhyolite 7) within the Beaupré bloc (as recently identified by Barret et al., 2013, “Report on the Burntbush-Normétal Volcanic Belt, ONT-QC”, OGS, MR-Data 299). This anomalous gold-bearing stratigraphic interval could correspond to an accumulation zone for fertile hydrothermal fluids located on top of Rhyolite 6a and trapped under the Rhyolite 7 that could have potentially acted as a ‘cap rock’. Taking into account the extensive lateral extension of this anomalous gold-bearing horizon located at the upper part of t Rhyolite 6a, it should be considered as an exploration target for the next phase of work, considering also that a recent isotopic study on Rhyolite 6a is suggesting a similar age to the footwall unit of the nearby Normetal Mine (~2725 Ma; Barrett et al., 2013).

Table 2 : Results from AEM 2013 drilling.

Note: 5 drill holes totalling 2735 meters have been drilled by AEM in late 2013. Hole 163-13-003 was stopped early due to  deviation and was ‘redrilled’ at the same location with hole 163-13-003A. Hole PE-2000-65b-ext is a hole that was previously drilled by Amex and deepened by AEM. Geochemical analysis was executed by ALS Chemex Laboratories in Val d’Or under AEM QA/QC program and supervision.

In addition to this major highlight from this drilling campaign, it is also now interpreted that the high grade polymetallic gold-rich sulphide mineralization intersected by Amex in its discovery hole PE-2013-03 (see press release of March 4th 2013) is potentially located in close relationship with a synvolcanic fault that could be genetically related to the encountered alteration and mineralization. The identification of such an environment for hole PE-2013-03 is coherent with a typical VMS  (volcanogenic massive sulphide ) deposit of the DBL (Dumagami-LaRonde-Bousquet) gold-rich deposits type of the Quebec Abitibi greenstone Belt.

Jacques Trottier, PhD, President and CEO of Amex Exploration comments, “We are very pleased with Agnico Eagle’s work done so far on our Perron Property. From their work and expertise, various gold target types have been identified and should be further tested in a follow-up exploration program still to be confirmed and announced. We look forward seeing Agnico Eagle to resume exploration work as soon as possible in 2014.”

Table 3: Amex 2013 drilling results completed with additional and re-sampling done by AEM.

Amex Exploration Inc. is a junior mining exploration company listed on the TSX Venture Exchange whose primary objective is to develop and bring into production viable gold and base metal deposits. Jacques Trottier, PhD Geol, Qualified Person as defined by Canadian N43-101 has approved the technical information reported in this news release.

For further information please contact Jacques Trottier, at 514-866-8209

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Montreal, March 3rd, 2014 – Amex Exploration Inc. (TSXV: AMX) (“Amex” or the “Corporation”) is pleased to report that Agnico Eagle Mines Limited (NYSE and TSX: AEM) (“Agnico Eagle”) has commenced a new drilling program on AMEX 100% owned Perron Gold property located at about 5km NW from Normetal mine-town in the Abitibi region of Quebec.

This drilling program is part of the Option Agreement (“OA”) signed by Amex with Agnico Eagle last year (see PR dated June 21st, 2013) and is following up on the results obtained in their first phase of drilling announced earlier this year (see PR dated February 4th, 2014). According to the OA, Agnico Eagle must complete $4,500,000 of exploration expenses commitment over a three year period to earn a 51% interest in the property. So far, the first year commitment was completed with approximately $500,000 of work expenditures. The second year of the OA is underway with a plan to execute a 7,000 meter drilling campaign in three phases during the year with a budget of approximately $1,000,000.

The first phase of the drilling campaign is expected to consist of 5 drill holes of approximately 350 to 800 meters deep each, totalling 2,700 meters. These drills holes will be located near the discovery hole PE-2013-03 made by Amex last year and will test the potential rhyolite-andesite contact zone and the recently identified gold-anomalous bearing horizon located within the rhyolite unit (see PR dated February 4th, 2014). This first phase currently underway is planned to be completed by mid-April and results will be published as soon as they will be available.

Jacques Trottier, PhD, President and CEO of Amex Exploration comments, “We are very

pleased that Agnico Eagle has resumed promptly their work program on the Perron Gold property and we look forward to see the outcome. Personally, I do believe that this property has just begun to show its real potential and I am convinced that our partner has the skill and the experience to fully demonstrate it”.

Amex Exploration Inc. is a junior mining exploration company listed on the TSX Venture Exchange whose primary objective is to develop and bring into production viable gold and base metal deposits.

For further information please contact:

Jacques Trottier, PhD                                                  Pierre Carrier

President and Chief Executive Officer                       Chief Operation Officer

Amex Exploration: 514-866-8209.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

MONTREAL, Canada- April 29, 2014- Amex Exploration Inc. (AMX: TSX-V) is pleased to announce that it has received confirmation from the Quebec Ministry of Natural Resources (Mines) that it has staked successfully 80 additional claims, totalling 4,499.4 hectares, contiguous to its 100% owned Cameron gold property. With this addition, the Cameron gold property now consists of a total of 93 claims covering a total area of 5,230.2 hectares

 

 

 

Montreal, June 25, 2014 – Amex Exploration Inc. (TSXV: AMX) (“Amex” or the “Corporation”) is pleased to report that Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM),  has made the second cash payment of $100,000 on due time, as outline in the Option Agreement for the Perron property.( see PR2013-06-21) This cash payment was made on June 20 in order to keep the option Agreement in good standing and is to be followed by subsequent cash payment of $135,000, and $170,000 that are to be respectively made prior to June 21, 2015, and 2016 in order to respect the Perron Option.

The second year of the Option Agreement is underway with a plan to execute a 7,000 meter drilling campaign in three phases during the year 2014 with a budget of approximately $1,000,000.

The first phase of the drilling campaign of 2014 is finalised and consisted of 4 drill holes of approximately 350 to 800 meters deep each, totalling 2,112 meters. The results of the first phase are not finalised yet and we expect to make them available this coming summer.

Amex Exploration Inc. is a junior mining exploration company listed on the TSX Venture Exchange whose primary objective is to develop and bring into production viable gold and base metal deposits.

For further information please contact:

Jacques Trottier, PhD                                                  Pierre Carrier

President and Chief Executive Officer                       Chief Operation Officer

Amex Exploration: 514-866-8209.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

MONTREAL, Canada- July 8, 2014- Amex Exploration Inc. (AMX: TSX-V) is very pleased to announce that it is presently executing a geophysics survey on its 100% owned Cameron gold property at the location of the new mineralized high grade gold structure that was identified on hole CA2013s03 to CA2013s05. (see PR of April 9,2014)

This geophysic survey will consist of 12 Km of line of IPower 3D configuration done by Abitibi Geophysics of Val-d’Or. This type of geophysics survey is using a specific configuration that combines high sensitivity and resolution resulting in a deeper penetration than conventional DIPOLE-DIPOLE IP survey. This new survey will provide Amex a 3D mapping of the ore structure to verify the ore extension and provide information on the geological structure. This information will permit the company to better plan the next drilling campaign. We anticipate having done the interpretation by end of July, and to start the drilling campaign in August.

The Cameron property is located at about 25 kilometres to the NE of Lebel-sur-Quévillon in the north-western part of Quebec, and consists of 93 claims for a total area of 5,230.2 hectares.

As a reminder we are giving back the results table of our last drilling campaign.

Table 1

Legend: NSV = No significant value

The drilling campaign and the quality control program is defined and supervised by Jacques. Marchand Eng Geol, The QAQC include insertion of blank, standard or duplicate every 20 samples. The gold value is estimated by Fire Assay at ALS Mineral in Val d’Or. The logging and sampling was realised by Matthieu Picarello Geol.

 The Cameron property is located at about 25 kilometres to the NE of Lebel-sur-Quévillon in the north-western part of Quebec, and consists of 93 claims for a total area of 5,230.2 hectares.

 Amex Exploration Inc. is a junior mining exploration company listed on the TSX Venture Exchange whose primary objective is to develop and bring into production viable gold and base metal deposits.

Jacques Marchand, P.Eng., who is a Qualified Persons as defined by Canadian NI 43-101, have approved the technical information reported in this news release.

For additional information, contact:
Jacques Trottier, PhD
President and Chief Executive Officer
Tel.: (514) 866-8209

Forward-looking statements:

Except for statements of historical facts, all statements in this news release regarding, without limitation, new project acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; Actual results and future events could differ materially from those anticipated in such statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

MONTREAL, Canada, August 13, 2014 – Amex Exploration Inc. (AMX: TSX-V) is very pleased to announce the beginning of a 3,000 meter diamond drilling campaign on its 100% owned Cameron gold property at the location of the new mineralized high grade gold structure that was identified in holes CA2013s03 to CA2013s05, including an intercept of 1.4 meters at 7.37 g/t Au in hole CA2013s04 (see PR of April 9, 2014).

This new 7-hole drill program targets 250 meters of potential lateral extensions of the gold mineralisation identified by previous drilling at depths respectively of 200 and 250 meters. The drill grid pattern is in staggered row 100m laterally by 50m perpendiculars and 50m deep. The drilling campaign also covers part of an interpreted structure outlined by the IPower 3D geophysical survey recently executed on the property (see PR of July 8, 2014).

Jacques Trottier, PhD, President and CEO of Amex quotes: “Even if the global juniors market is going through very difficult times, we still are committed to give our shareholders the best we can for their investment and we are very enthusiastic to reinitiate drilling work on this new discovery at Cameron. The fact that the gold mineralization (which is associated with a pyritized potassic altered zone located within a chloritized andesite unit) seems to be associated with a IPower 3D geophysic anomalies that combines a high resistivity anomaly sitting very next to a high chargeability anomaly gives us high expectation to encounter similar or even better gold mineralization in this new phase of drilling”.

The Cameron property is located at about 25 kilometres to the NE of Lebel-sur-Quévillon in the north-western part of Quebec, and consists of 93 claims for a total area of 5,230.2 hectares.

Amex Exploration Inc. is a junior mining exploration company listed on the TSX Venture Exchange whose primary objective is to develop and bring into production viable gold and base metal deposits.

Jacques Marchand, P.Eng., who is a Qualified Persons as defined by Canadian NI 43-101, have approved the technical information reported in this news release.

For additional information, contact:Jacques Trottier, PhD
President and Chief Executive Officer
Tel.: (514) 866-8209

MONTREAL, Canada, October 28, 2014 – Amex Exploration Inc. (AMX: TSX-V) announces that in light of the changes in the Mexican mining tax laws and change in the required exploration expenditures it is considering strategic alternatives for its Mexican properties. The recent changes have created huge financial burdens for any operation, including existing option agreements that are presently under contract.

The Properties, which are well located in the productive Sierra Madre gold belt of Mexico in the State of Sonora, cover an area of over 30,000 hectares.

Further to this news, Amex will conduct a detailed review of its Mexican Assets; Chivas (Natora), El Paramo and 100% owned Nueva Escondida property located in the state of Sonora.  Jacques Trottier, PhD, President and CEO of Amex stated: “Taking into consideration the economic downturn we are presently faced with within this industry, we will do our upmost to look into all of the possibilities for these assets, which may include seeking new partners or even divesting of the Mexicain assets so we can concentrate on our Quebec flagship projects, namely Perron (under option by Agnico Eagle Mines Ltd-see PR 2013-06-21), Normetal, and Cameron properties.

Amex Exploration Inc. is a junior mining exploration company listed on the TSX Venture Exchange whose primary objective is to develop and bring into production viable gold and base metal deposits.

For additional information, contact:
Jacques Trottier, PhD
President and Chief Executive Officer
Tel.: (514) 866-8209
Forward-looking statements:

Except for statements of historical facts, all statements in this news release regarding, without limitation, new project acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; Actual results and future events could differ materially from those anticipated in such statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Montreal, November 21, 2014 – 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 $419,600.00, through the sale of 3,900,000 flow-through units (the « FT Units »)  and 370,000 regular units (the « Units ») , respectively priced at 0.10$ and 0.08$ each.

The FT Units are composed of one flow-through common share and one half of one common share purchasewarrant (the « Warrant ») and the Units consist in one common share and one full Warrant.  The Warrants can be exercised at the price of $0.13 for a period of 24 months following the closing date.

In connection with the Private Placement, Amex paid a Finder’s fee to Secutor Capital Management Corporation in the amount of $29,372.00 and issued 298,900 finder’s warrants.  Each finder’s warrant entitles the holder to purchase one common share, at a price of $0.09, for a period of 24 months following the closing date.

The gross proceeds from the sale of the flow-through shares will be used to finance the Corporation’s exploration program on its properties located in the Province of Quebec, and the net proceeds from the sale of the common shares will be used by the Corporation for general working capital purposes.

All securities issued pursuant to the Private Placement are subject to a 4-month and one day hold period. The Private Placement is subject to the receipt of all necessary regulatory approvals, including the final approval of the TSX Venture Exchange.

Amex Exploration Inc. is a junior mining exploration company listed on the TSX Venture Exchange whose primary objective is to develop and bring into production viable gold and base metal deposits.

For further information please contact Jacques Trottier or Pierre Carrier at 514-866-8209.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Montreal, November 27, 2014 – 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 $62,400.00, through the sale of 780,000 regular units (the « Units »), priced at $0.08 each.  This financing completes the previously announced first tranche closing of $419,600 on November 21, 2014.

The Units consist in one common share and one common share purchase warrant which can be exercised at the price of $0.13 for a period of 24 months following the closing date.

In connection with the Private Placement, Amex paid a Finder’s fee in the amount of $4,200.00 and issued 52,500 finder’s warrants.  Each finder’s warrant entitles the holder to purchase one common share, at a price of $0.09, for a period of 24 months following the closing date.

The net proceeds from the sale of the common shares will be used by the Corporation for general working capital purposes.

All securities issued pursuant to the Private Placement are subject to a 4-month and one day hold period. The Private Placement is subject to the receipt of all necessary regulatory approvals, including the final approval of the TSX Venture Exchange.

Amex Exploration Inc. is a junior mining exploration company listed on the TSX Venture Exchange whose primary objective is to develop and bring into production viable gold and base metal deposits.

For further information please contact Jacques Trottier or Pierre Carrier at 514-866-8209.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.