Amex Exploration VP highlights Perron Project’s strong economics & 2025 growth plans

Amex Exploration Inc (OTCQX:AMXEF)(TSXV:AMX) Vice President Aaron Stone talked with Proactive's Angela Harmantas from the PDAC conference in Toronto about the company’s latest developments at its Perron project. Stone highlighted that 2024 was a pivotal year, with the release of the company’s first resource estimate and Preliminary Economic Assessment (PEA). He emphasized that the study showed robust economics, suggesting a potential ten-year mine life with an annual production profile exceeding 100,000 ounces.

Stone underscored the high-grade nature of the project, stating, “So far, we've defined 750,000 ounces at well in excess of ten grams per ton.” He noted that few projects of this caliber remain independent in the market, making the Perron project particularly valuable.

Looking ahead, Amex Exploration has budgeted approximately 40,000 meters of drilling in 2025, including 12,000 meters dedicated to regional exploration and 28,000 meters for resource expansion. The company aims to increase the existing resource base, enhance project economics, and potentially update its resource estimate and PEA. Additionally, bulk sampling and environmental permitting efforts are underway to advance the project toward development.

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