Amex Exploration Inc. · TSXV:AMX
Amex Exploration — Investor Presentation (August 2024)
27 slides from Amex Exploration's investor presentation, Aug 7, 2024
Slide 1: Making the Grade: High Grade Gold Discoveries in Quebec
TSXV: AMX MAKING THE GRADE TSXV: AMX HIGH GRADE GOLD DISCOVERIES OTC QX: A M X EF FRA: MX0 IN QUEBEC www.amexexploration.com August 2024
Slide 2: Forward-Looking Statement
FORWARD-LOOKING STATEMENT The purpose of this presentation is to provide general corporate information about Amex’s activities current as of February 18, 2023. The information is given in summary form and does not intend to be complete; readers are urged to review the Company’s full disclosure recor
Slide 3: Qualified Person and Third-Party Data
QUALIFIED PERSON AND THIRD-PARTY DATA QUALIFIED PERSON Jérôme Augustin P.Geo. Ph.D., (OGQ 2134), Independent Qualified Person as defined by Canadian NI 43-101 standards, has reviewed and approved the geological information reported. The drilling campaign and the quality control program have been pla
Slide 4: Corporate Structure & Analyst Coverage
CORPORATE STRUCTURE & ANALYST COVERAGE Share Price Performance Analyst Coverage Jeremy Hoy Pierre Vaillancourt Philip Ker Rabi Nizami May 2023 Shares issued 115,003,936 Options 2,100,000 Fully diluted 117,103,936 Market capitalization ~$200 Million 4
Slide 5: Latest Financing
LATEST FINANCING ➢ Strategic Investment by Eldorado Gold (for approximately a 9.9% ownership interest) ➢ Non-brokered charity flow-through private placement – aggregate gross proceeds $26.65M ➢ Eldorado brings considerable expertise as a high-grade, low-cost gold producer in the Abitibi 5 5
Slide 6: Management and Board of Directors
MANAGEMENT AND BOARD OF DIRECTORS Victor Cantore Jacques Trottier Pierre Carrier President and CEO, Director Executive Chairman of the Board Chief Operating Officer, Director Patrick Musampa Aaron Stone Jonathan Gagne Chief Financial Officer Vice President Exploration Vice President Project Developm
Slide 7: Flagship Property Location – Quebec, Canada
FLAG-SHIP PROPERTY LOCATION – QUEBEC, CANADA ➢ The 100% owned Perron Project consists of 117 contiguous claims covering 4,518 hectares ➢ The project is well-serviced by existing infrastructure, on a year-round road, 10 minutes from an airport and just outside the town of Normétal (~8 km). ➢ ~110 kil
Slide 8: Prolific Abitibi Greenstone Belt
PROLIFIC ABITIBI GREENSTONE BELT ➢ During its operation, the Normétal mine produced 10 Mt at 2.25% copper, 5.4% zinc, 0.5 g/t Au and 44.5 g/t Ag ➢ The project is in close proximity to a number of major gold producers' milling operations.
Slide 9: Perron Property Geology
PERRON PROPERTY GEOLOGY ➢ A number of significant gold zones and VMS discoveries have been made at Perron that stretch over a 4 km strike ➢ The project hosts the potential for bulk-tonnage open pit and high-grade gold underground mining. 9
Slide 10: Perron Project – Mineralized System – Plan View
PERRON PROJECT – MINERALIZED SYSTEM – PLAN VIEW v 10
Slide 11: Perron Project – Mineralized System – Longitudinal
PERRON PROJECT – MINERALIZED SYSTEM - LONGITUDINAL v 11
Slide 12: Eastern Gold Zone (EGZ)
EASTERN GOLD ZONE (EGZ) ➢ Several parallel mineralized zones ➢ Denise Zone + High Grade Zone ➢ Open in all directions ALONG STRIKE AND AT DEPTH 12
Slide 13: Eastern Gold Zone High Grade Zone
EASTERN GOLD ZONE High Grade Zone Highlights from the deeper (eastern) High Grade Zone include: • 35.89 g/t Au over 6.75 m in hole PE-21-404W2 • 102.07 g/t Au over 6.10 m in hole PE-21-386W1 • 29.62 g/t Au over 8.40 m in hole PE-21-318 • 37.59 g/t Au over 6.20 m in hole PE-21-287 • 17.01 g/t Au over
Slide 14: Eastern Gold Zone Denise Zone
EASTERN GOLD ZONE Denise Zone Intersected at least 750 vertical metres of gold mineralization starting from surface across a strike of more than 1 km. Western Denise • Hole PE-21-422 intersected 65.00 m of 1.89 g/t Au, including 0.50 m of 197.35 g/t Au • Hole PE-21-392 intersected 58.50 m of 1.82 g/
Slide 15: High Grade Zone Metallurgy Program: +99% Recovery
HIGH GRADE ZONE METALLURGY PROGRAM +99% RECOVERY OF GOLD AND SILVER Multiple coarse grains of gold in PEM-20-001 to PEM-20-003 ➢ Metallurgical holes head grade returned ▪ 27.70 g/t Au over 11.80 m in PEM-20-001 ▪ 12.70 g/t Au over 16.60 m in PEM-20-002 ▪ 5.65 g/t Au over 10.60 m in PEM-20-003 ➢ All
Slide 16: Metallurgical Results with Greater Than 95% Gold Recovery
METALLURGICAL RESULTS WITH GREATER THAN 95% GOLD RECOVERY FROM MAJOR GOLD ZONES Final results (gravity + flotation + leaching) from the metallurgical test work completed across the Perron property. RECOVERY Gravity Gravity + Gravity Gravity + Gravity Gravity + Flot Flot + CN + Flot Flot + CN ZONE Te
Slide 17: Gratien Gold Zone
GRATIEN GOLD ZONE ➢ Reinterpretation of historical Perron Property drilling using From To Length Au Drill Hole the Eastern Gold Zone (EGZ) geological model (m) (m) (m) (g/t) PEG-19-65 109.40 110.85 1.45 67.52 incl. 109.40 110.20 0.80 4.13 ➢ High grade corridor identified in the Gratien Gold Zone inc
Slide 18: Gratien Gold Zone Western Extension
GRATIEN GOLD ZONE WESTERN EXTENSION Best near-surface intercept of 76.69 g/t Au over 3.50 m was found in the western extension of the Gratien orebodies. March 28, 2024 – Assay Results ➢ PEG-24-742 returned 3.50 m of 76.69 g/t Au, including 0.60 m of 431.72 g/t Au at a vertical depth of ~130 m ➢ PEG-
Slide 19: Grey Cat Gold Zone 2019 Drilling
GREY CAT GOLD ZONE 2019 DRILLING From To Length Au Hole ID (m) (m) (m) (g/t) PEG-19-78 94.00 128.00 34.00 1.89 ➢ Trenching, mapping, sampling, Including 94.00 101.50 7.50 5.07 along with follow-up drilling is currently ongoing Including 117.10 128.00 10.90 2.25 PEG-19-80 243.10 270.00 26.90 3.42 Inc
Slide 20: Consolidated Team Zone
CONSOLIDATED TEAM ZONE ➢ All three zones display similarity in their lithologies, structures and mineralization style, therefore geologically it made sense to combine them into Team Zone. Team Zone Drill Holes ➢ Geological map of the Team Gold Zone, showing gold ➢ Team Zone consists of a large-scale
Slide 21: JT Zone
JT ZONE New gold discovery in a never-before-seen lithology within the Beaupré Block of the Perron project Drill Highlights Include: PEX-24-222 ➢ 70.50 m of 0.91 g/t Au, including 10.50 m of 2.83 g/t Au at a vertical depth of ~20 to 70 m PEX-24-213 ➢ 49.50 m of 0.86 g/t Au, including 5.90 m of 2.39
Slide 22: Additional Gold Discoveries – E2 Gold Zone
ADDITIONAL GOLD DISCOVERIES – E2 GOLD ZONE E2 Gold Zone E2 Gold Zone From Length Cu Vertical Hole ID To (m) Au (g/t) Zone (m) (m) (%) depth PE-20-210 108.80 112.70 3.90 58.25 210 110m Including 111.20 111.70 0.50 412.30 Zone PE-21-041 288.60 293.70 5.10 31.87 Alizee 200m PEX-20-034 150.00 163.85 13.
Slide 23: Base Metal Discoveries
BASE METAL DISCOVERIES Note: The drill intervals for the QF zone are presented in core lengths. 23
Slide 24: Regional Geochemistry – New Exploration Targets Property Wide
REGIONAL GEOCHEMISTRY – NEW EXPLORATION TARGETS PROPERTY WIDE Au - Bark Zn - Soil Ag - Soil Au - Soil Cu - Bark Cd - Bark Pb - Soil Cu - Soil 24
Slide 25: Forest Fires & Logging Roads – Eastern Gold Zone
FOREST FIRES & LOGGING ROADS – EASTERN GOLD ZONE 25
Slide 26: Normétal Infrastructure
NORMÉTAL INFRASTRUCTURE The Perron gold property is fully road accessible year-round by government- maintained highway and forestry roads and is proximal to power and water services. 26
Slide 27: Corporate Objectives
• Define Team Zone from surface to ~450 m at 50 m centres • Expand Gratien and Grey Cat Gold Zones to west and depth • VMS drilling on new eastern target and QF Zone • Continue drilling N110 gold corridor for HGZ-type shoots • Expand on Denise Zone & infill as required CORPORATE • Infill HGZ as requ
Amex Exploration — Investor Presentation (August 2024) on 6ix