STOCK EXCHANGE LISTING AND RANKINGS
Amex Exploration is a gold exploration mining company listed on the TSX Venture exchange, the premier exchange for Canadian listed junior mining companies. The stock is also listed on the OTCQX symbol AMXEF and the Frankfurt Exchange under the symbol MXo. 43% of the world’s public mining companies are listed on the TSX and TSXV exchanges: TSX Listings.
TSX-V
On November 1, 2018, Amex Exploration’s share price was C$0.11. When Amex announced their first discovery hole on January 23, 2019 (393.33 g/t Au over 1.7 m), the stock rose to C$1.13. Further drill results and news flow resulted in further share price appreciation and the stock price increased to C$4.19 in December 2020.
Amex Exploration was in the Top 50 ranking on the TSX Venture for 2020.
The TSX Venture 50 is a ranking of the top performers on TSX Venture Exchange over the last year. The ranking is composed of 10 companies from each of 5 industry sectors, selected based on three equally weighted criteria. The companies selected for the TSX Venture 50 have demonstrated their ability to access capital for growth and scale up their business for success.
OTCQX
Amex Exploration ranked 12 out of the 50 best performing stocks on the OTCQX in 2020. https://www.nasdaq.com/press-release/otc-markets-group-announces-the-2021-otcqx-best-50-2021-01-28
The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX Best Market, based on an equal weighting of one-year total return and average daily dollar volume growth. Companies in the 2021 OTCQX Best 50 were ranked based on their performance during the 2020 calendar year.
Abitibi Greenstone Belt and Its Significance to Gold Mining in Canada and the World
The Abitibi Greenstone Belt, where Amex Perron gold mining exploration project is located, has produced greater than 200 million ounces (Moz) of gold since 1901. The total gold content of the belt, including past production and current reserves/resources, exceeds 300 Moz. The belt hosts 21 gold deposits containing more than 3 Moz each (source: Ressource Mines et Industrie Magazine). The Abitibi Greenstone Belt is characterized by multiple deformation zones that host hundreds of gold deposits. Amex Exploration’s Perron project is located on the Chicobi deformation zone. The Abitibi region has produced $12 billion in mergers and acquisitions (M&A) activity within the gold mining sector since 2013 (source: Natural Resources Canada).
The Canadian Malartic Mine, located in the Abitibi region, is one of the world’s largest gold mines. In 2021, it produced *714,784 oz of gold. In addition, the Abitibi Greenstone Belt host one of the highest grade gold mines in the world, the Macassa Gold Mine, which is owned and operated by Kirkland Lake Mining.
*Agnico Eagle - Annual Information Form - for year ended December 31, 2021 - Dated as of March 24, 2022 - p6 - https://d18rn0p25nwr6d.cloudfront.net/CIK-0000002809/9f0ea543-e71d-40d5-91e7-1d97d3a01dd3.pdf
SCIENTIFIC REPORT ON THE PERRON GOLD DEPOSIT
For more information on how the Amex Perron Project could be the next high grade gold mine in the Abitibi please review:
Scientific Report on The Perron Gold Deposit
The Perron Gold Deposit, Archean Abitibi Belt, Canada: Exceptionally High-Grade Mineralization Related to Higher Gold-Carrying Capacity of Hydrocarbon-Rich Fluids
https://www.mdpi.com/2075-163X/11/10/1066
An article by Investing News discusses why the Abitibi Gold Belt, where Amex Exploration has their Perron Gold Project, is highly prospective for gold production. The region spans from Wawa northern Ontario to Chibougamau in Quebec and represents the world’s largest mineral-rich greenstone geological belt. In 2019, both Ontario and Quebec were responsible for over 75% percent of the gold production in Canada. https://investingnews.com/innspired/gold-exploration-abitibi-gold-belt-canada/
More Information on How to Invest In Junior Exploration Companies
For information on the Life Cycle of a Junior Mining Company and an explanation on Mining Reports required to advance a project from exploration to production, please go to https://investingold.ca/
Qualified Persons
The technical information in this website has been reviewed and approved by Aaron Stone, P. Geo. (OGQ 2170 and PGO 3708) for the Perron West Project in Ontario and Jérôme Augustin P.Geo. Ph.D., (OGQ 2134) for the Perron West Project in Quebec (collectively, the "Qualified Persons"). The potential grades of exploration targets disclosed in this news release are conceptual in nature. The Qualified Persons have not completed sufficient work to verify the historical information on the Perron West Project, particularly in regards to historical drill results and it is uncertain if further exploration will result in the target being delineated as a mineral resource. The Company has not independently verified and cannot guarantee the accuracy or completeness of the third-party data contained in this news release and investors should use caution in placing reliance on such information; however, the Qualified Persons believe that drilling and analytical results were completed to industry standard practices. The information provides an indication of the exploration potential of the Perron West Project but may not be representative of expected results. The drilling campaign and the quality control program have been planned and supervised by Jérôme Augustin. Core logging and sampling were completed by Laurentia Exploration.
Quality Assurance & Quality Control Perron
The quality assurance and quality control protocols include insertion of blank or standard samples every 10 samples on average, in addition to the regular insertion of blank, duplicate, and standard samples accredited by Laboratoire Expert or ALS Canada Ltd. during the analytical process.
- For all analyses targeting gold mineralization, gold values are estimated by fire assay with finish by atomic absorption. Values over 3 ppm Au are reanalyzed by fire assay with finish by gravimetry by Laboratoire Expert Inc, Rouyn-Noranda. Samples containing visible gold mineralization are analyzed by metallic sieve. For additional quality assurance and quality control, all samples were crushed to 90% less than 2 mm prior to pulverization, in order to homogenize samples which may contain coarse gold.
- For analyses targeting VMS mineralization, zinc, copper and silver values are estimated by four acid digestion multi-elements Inductively Coupled Plasma - Atomic Emission Spectroscopy (ICP-AES), ME-ICP61 at ALS Canada Ltd. Zinc values over 1%, copper values over 1%, and silver values over 100 g/t are estimated by four acid digestion ICP-AES, OG62. Gold values are estimated by fire assay with atomic absorption finish.
PERRON WEST: Soil samples were collected along lines spaced 200 metres apart with individual samples collected every 100 metres along each line. Samples were submitted to AGAT laboratory in Val d'Or, Quebec for preparation and analysis. The preparation and analytical package selected was Aqua Regia Digest - Metals Package, ICP-OES/ICP-MS finish as described the methodology. The QAQC program consisted of the insertion of blanks (sand) and standards (OREAS 47), for a total of 51, that were regularly