Amex Expands Team Zone and Delivers Wide Near Surface Drill Intercepts of up to 1.70 g/t Au over 68.00 m including 7.89 g/t Au over 9.70 m

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[{"type":"text","content":"Amex Expands Team Zone and Delivers Wide Near Surface Drill Intercepts of up to 1.70 g/t Au over 68.00 m including 7.89 g/t Au over 9.70 mMontreal, Quebec--(Newsfile Corp. - May 29, 2023) - Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) (\"Amex or the Company\") is pleased to announce assay results from new follow-up and expansion drillholes on the Team Zone on the Perron project in the Abitibi region of Quebec. The Team Zone occurs ~600 m to the northeast of the High Grade Zone (HGZ) as shown in Figure 1. The Team Zone is currently outlined over 350 m x 200 m laterally and from surface to a depth of approximately 400 m. See Figure 2 for a plan map of the overall zone and drill intercepts and Figure 3 for photos of the gold mineralization. See Table 1 for a list of the today's drill results and Table 2 for drillholes coordinates.Highlight drill results include:PE-23-627: 1.70 g/t Au over 68.00 m, including 7.89 g/t Au over 9.70 m, at a vertical depth between 135 and 195 m;PE-22-588: 8.68 g/t Au over 4.00 m, including 19.89 g/t Au over 1.50 m, at a vertical depth of approximately 140 m;Jacques Trottier, PhD, Executive Chairman of Amex Exploration commented, \"Today's results are largely focused on the expansion and definition of the Team Zone to the east, following the general northwest-southeast trend of the system. We are very excited to be seeing both high grade mineralization and longer intervals of near-continuous gold within the system as we continue to advance our understanding of the Team Zone. With any new zone it takes time to understand the system through modelling and drilling. The oriented drilling that we have been doing on the Team Zone since September has proven to be very helpful in targeting. We have identified five distinct orientations of gold-bearing veins and are adjusting drill targeting as we advance. Upcoming drilling, along with pending holes, will continue to delineate the zone at 50 metres centres as well as expanding along trend, particularly to the northwest towards the previously discovered 210 Gold Zone. This work will define the gold potential at the Team Zone.\"The Team Zone sits within the Beaupre Rhyolite, host to all significant gold occurrences at Perron, at the contact of the Normetal Fault and approximately 600 m north of the High Grade Zone. Gold mineralization ...

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