Business
Amex Starts Permitting Dedicated Hydro-Québec Power Connection for its Perron Project
Montreal, Quebec--(Newsfile Corp. - February 3, 2026) - Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) ("Amex" or the "Company") is pleased to announce that it has awarded a mandate to Moreau to carry out preparatory work and support the regulatory processes required for the construction of a dedicated power line connecting the Normétal substation to the Perron Project, located in Valcanton. This mandate represents a key milestone in the deployment of the project's energy...
About this update from Amex Exploration Inc.
[{"type":"text","content":"Montreal, Quebec--(Newsfile Corp. - February 3, 2026) - Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) ("Amex" or the "Company") is pleased to announce that it has awarded a mandate to Moreau to carry out preparatory work and support the regulatory processes required for the construction of a dedicated power line connecting the Normétal substation to the Perron Project, located in Valcanton. This mandate represents a key milestone in the deployment of the project's energy infrastructure and in advancing the next development phases of the Perron Project.","length":601,"tagName":"p"},{"type":"text","content":"Moreau, an Abitibi-based contractor recognized for its expertise in industrial electrical infrastructure, will support Amex in planning, engineering and permitting activities related to the construction of a 25 kV medium-voltage line over an approximate distance of 6.5 km between Hydro-Québec's Normétal substation and the project site. This infrastructure will provide a stable power supply that meets industrial standards and will support bulk sampling activities as well as projected operations during Phase 1, a toll-milling scenario currently in feasibility study.","length":574,"tagName":"p"},{"type":"text","content":"Victor Cantore, President and CEO of Amex Exploration commented, "Direct connection to Hydro-Québec's grid is expected to be an important contributor to the technical and economic parameters being evaluated in the ongoing Phase 1 feasibility work. Establishing permanent grid power early enhances cost visibility, operating reliability and overall project robustness."","length":382,"tagName":"p"},{"type":"text","content":"Connection to Hydro-Québec's grid will enable the Perron Project to rely on a renewable, reliable and low-carbon energy source. This energy integration will significantly reduce dependence on diesel generators, improve site operational efficiency, and directly support the Company's environmental objectives by lowering greenhouse gas emissions, minimizing fuel-handling risks and reducing operational impacts.","length":418,"tagName":"p"},{"type":"text","content":"Subject to receipt of the required permits, commissioning of the power line is anticipated in the third quarter of 2026. The implementation of this strategic infrastructur...