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Amex Exploration Highlights Accomplishments From 2022 And Reviews Exploration Plans for 2023
Montreal, Quebec--(Newsfile Corp. - January 9, 2023) - Amex Exploration Inc. (TSXV: AMX) (FSE:...
About this update from Amex Exploration Inc.
[{"type":"text","content":"Amex Exploration Highlights Accomplishments From 2022 And Reviews Exploration Plans for 2023Montreal, Quebec--(Newsfile Corp. - January 9, 2023) - Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) (\"Amex or the Company\") is pleased to provide a review of the discoveries and accomplishments in 2022 and a discussion of exploration plans for 2023. Kelly Malcolm, VP Exploration of Amex, recently caught up with Eric Lemieux, Exploration Mining Analyst of EBL Consultants, to discuss the upcoming exploration plans. See video here: https://www.youtube.com/watch?v=sq2WZdqzZ8MA Year in Review - 2022 Key AccomplishmentsThe 2022 year cumulated in international recognition from industry peers with Amex Exploration winning the prestigious Exploration Company of the Year Award at the Mines and Money annual Gala Dinner, London in December. To achieve this recognition, Amex Exploration began the year by completing a $49.6 M flow-through financing using the charity flow through structure, resulting in lesser dilution for shareholders. The money raised is financing an aggressive 2022/2023 exploration program that is building gold ounces on the known gold zones at Perron and focusing on new discoveries. Amex conducted a total of 104,639 metres during 2022, which was one of the largest drilling programs conducted in Canada. Figure 1 displays the overall growing gold footprint at Perron, with all intercepts and identified zones drilled to date displayed in a plan and longitudinal view. Figure 1: Plan view (top) and longitudinal view (bottom) of the overall gold system at Perron as at year-end 2022. Shown are individual gold sample intercepts over variable widths. All intercepts below 0.1 g/t Au have been removed, and all remaining intercepts have been capped at a maximum of 20 g/t Au. Note that the longitudinal section covers 500 metres of N-S width, and the plan view projects all drilled intercepts to surface. To view an enhanced version of Figure 1, please visit:https://images.newsfilecorp.com/files/2667/150642_c40a95350487da41_002full.jpgNew discoveries at Perron announced in 2022 included:TEAM ZONE (new zone)PE-22-548 returned 10.05 g/t Au over 9.50mPE-22-545 returned 68.66 g/t Au over 1.40mE2 GOLD ZONE (new zone)PEX-20-034 returned 5.58 g/t Au over 13.85 m including 136.02 g/t Au over 0.55 mPEX-21-066 returned 4.54 g/t Au o...