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Amex Receives Ontario Drill Permit and Outlines 15,000 m Inaugural Perron West Drill Program

Montreal, Quebec--(Newsfile Corp. - March 25, 2026) - Amex Exploration Inc. (TSXV: AMX) (FSE: MX...

articleAmex Exploration Inc.March 25, 20263/company/amex-exploration/news/amex-receives-ontario-drill-permit-and-outlines-15000-m-inaugural-perron-west-drill-program
Amex Receives Ontario Drill Permit and Outlines 15,000 m Inaugural Perron West Drill Program

About this update from Amex Exploration Inc.

[{"type":"text","content":"Amex Receives Ontario Drill Permit and Outlines 15,000 m Inaugural Perron West Drill ProgramMontreal, Quebec--(Newsfile Corp. - March 25, 2026) - Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) (\"Amex\" or \"the Company\") is pleased to announce that it has received the drill permit from the Ministry of Energy and Mines Ontario for its inaugural drill program on the 100% owned Perron West project in Ontario (see Figure 1). The Perron West project lies along the northwestern continuation of the Normétal-Burntbush greenstone belt, which hosts the Perron project's 2.3 Moz gold resource in Quebec (see news release dated May 21, 2025 and Table 1). An initial 15,000 m program has been designed for Perron West, which the Company plans to grow pending positive drill results and additional targeting work. Amex controls a 70 km strike length of an underexplored and perspective greenstone belt for further gold and VMS discoveries (Figure 1).Figure 1: Geological map showing the Perron (Quebec) and Perron West (Ontario) projects, spanning over a combined 500 km2. Also displayed is the flight plan for the recently flown VTEM Plus survey, the data for which is currently being processed.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2667/289862_image001.jpgThe regional 2026 exploration program in Ontario will be twofold: Initial 15,000 m drill program on the original Perron West property that was acquired earlier in 2025 (see news release dated March 25, 2025). This acquisition came with an existing database of recent geophysical surveys and soil work, in addition to historical outcrop mapping and drilling. Together with the inherited database and the additional groundwork completed by Amex in the fall of 2025, the Company is ready to launch its inaugural Perron West drill program (see Figure 2). An extensive exploration program is planned for the more recently acquired claims of Perron West (see news release dated December 1, 2025). These extensions of the Perron West property contained significantly less historical data, while still lying on the same greenstone belt that hosts Amex's current 2.3 Moz gold resource. Amex views the considerable lack of exploration activities in this area as an exceptional opportunity to continue unlocking discoveries in what the Company beli...

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