Amex Exploration (TSX-V:AMX) reports gold intercepts from an ongoing grade control drilling program at the Champagne Zone within its Perron Gold Project in Québec.
The company intersected 110.05 grams per tonne gold and 7.20g/t silver over 2.15m, including 233.96g/t gold and 14.90g/t silver over 1m at approximately 145m vertical depth.
Additional results include 52.36g/t gold and 8.90g/t silver over 0.50 m at roughly 130 m vertical depth.
The grade control program aims to reduce drill spacing from 12-20m to 5-10m, targeting measured and indicated resources within the existing block model for the planned bulk sample.
Samples from ongoing drilling are currently being processed, with further results pending laboratory analysis and quality assurance validation.
Vice President of Exploration Aaron Stone says the results show the robustness and continuity of mineralisation within the Champagne Zone, which will be the focus of phase one operations at Perron.
“The Champagne Zone is not only unique for its high-grade, but its near vertical geometry which facilitates underground mining in a very economic manner,” CEO Victor Cantore adds.
The company reports its Feasibility Study for phase one developments at Perron remains on track for completion by the end of Q1 2026, focusing on toll milling operations.
The Perron Project comprises 183 contiguous claims covering 65.75km² approximately 110km north of Rouyn-Noranda, Québec. Together with the adjacent Perron West, Abbotsford and Hepburn projects, Amex controls a district-scale 501.08km² land package.
Edited by Adam Orlando.
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Images: Amex Exploration
