Amex Expands Team Zone with High Grade Gold Drill Intercepts of up to 26.88 g/t Au over 6.40 m and 12.71 g/t Au over 9.00 m

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[{"type":"text","content":"Amex Expands Team Zone with High Grade Gold Drill Intercepts of up to 26.88 g/t Au over 6.40 m and 12.71 g/t Au over 9.00 mMontreal, Québec--(Newsfile Corp. - July 5, 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 400 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 existing 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-23-633: 26.88 g/t Au over 6.40 m, including 325.39 g/t Au over 0.50 m, at a vertical depth of approximately 205 m;PE-23-634: 12.71 g/t Au over 9.00 m, including 78.38 g/t Au over 1.40 m, at a vertical depth of approximately 35 m, and 4.29 g/t Au over 5.10 m at a vertical depth of approximately 195 m; andPE-23-641: 4.67 g/t Au over 7.10 m, including 60.91 g/t Au over 0.50 m, at a vertical depth of approximately 250 m, and 20.39 g/t Au over 2.50 m at a vertical depth of approximately 325 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 southeast, following the general northwest-southeast trend of the system. The system is clearly plunging to the southeast, following the overall trend of anomalous mineralization. This indicates the possibility of multiple ore-shoots within the overall mineralized envelope, and presents the opportunity for a larger system along the southern contact of the Normetal fault. The grades seem to be improving to the southeast and this is very promising for continued high grade mineralization at depth, where we will look to tighten up our intercepts and evaluate the Team Zone for underground-type vein sets. Today's results are showing that the potential for that is quite strong, with high grades over thick potentially mineable intervals. We look forward to continued success as we drill off the Team Zone at...

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