Amex Gold Mining Advances Bulk Sample Construction

About this update from Amex Exploration Inc.

Montreal, Quebec--(Newsfile Corp. - July 6, 2026) - Amex Gold Mining Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) ("Amex" or the "Company") is pleased to provide an update on ongoing construction and development activities related to the 40,000-tonne underground bulk sample program at its wholly-owned Perron Gold Project located in the Abitibi region of Quebec. Figure 1: Site overview To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2667/304036_006fba8c24b69bbe_002full.jpg Construction activities across the site are progressing steadily. Multiple infrastructure pads have now been completed or are nearing completion, providing the foundation for key operational facilities required to support the bulk sample program. Temporary office facilities, site services, and supporting infrastructure are also being installed as mobilization activities accelerate. The water treatment plant has arrived on site and installation activities are underway. The water treatment plant represents a key component of the project's environmental management strategy and has been designed to support responsible water handling throughout the execution of the bulk sample program. Commissioning activities are expected to take place over the coming weeks. In addition, Amex has selected the contractor that will be responsible for the construction of the underground portal, representing another key milestone. Mobilization activities are currently underway, with construction of the portal planned to commence during the week of July 6, 2026. The portal will provide the initial access required for underground development and execution of the 40,000-tonne bulk sample program. Following a competitive tender process involving three qualified mining contractors, Amex has completed its technical, commercial, and operational evaluation. The Company is currently engaged in contract negotiations with its preferred contractor and expects to provide further details once negotiations are finalized. Mobilization of the underground mining contractor remains planned for late July 2026, supporting the Company's development schedule for the bulk sample program. In parallel, work associated with the project's permanent electrical infrastructure continues to advance. Connection to Hydro-Québec's hydro-electric grid infrastructure is anticipated later in 2026 / ...

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