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Amex Exploration Inc V.AMX

Alternate Symbol(s):  AMXEF

Amex Exploration Inc. is a junior gold mining exploration company. The Company is engaged in acquiring, exploring, and developing viable gold projects in the mining-friendly jurisdiction of Quebec. The Perron gold project is located approximately 110 kilometers (km) north of Rouyn Noranda, Quebec, consisting of 117 contiguous claims covering 4,518 hectares. The property is located in the Archean Greenstone Belt of the Superior province. Its Lebel-sur-Quevillon gold project consists of approximately four properties that are located 26 km North of Lebel-sur-Quevillon in the north-western part of the province of Quebec and 150 kilometers to the Northeast of Val D’Or. The Lebel-sur-Quevillon gold project consists of 73 claims covering 4,073 hectares. The Company's Eastmain River properties are situated in the Eeyou Istchee Territory, James Bay, Quebec, approximately 350 km north of the town of Chibougamau. Its properties include the Eastmain River North, East, West, and South properties.


TSXV:AMX - Post by User

Bullboard Posts
Post by Schumif1on Sep 15, 2019 7:44am
287 Views
Post# 30128051

Amex mining site location offers high premium

Amex mining site location offers high premium
Look at the Quebec map, the Abitibi region is mining country for 100 years. Amex is not in the bush. You can drive to the site. No billion dollar access road to build. PLUS, local availability of all gold processing facilities needed, no social acceptance obstacle. PLUS, mineralization goes up to the surface = no shaft to build, open pit or a ramp will do it. PLUS, high grade concentrations. All this equals super high profitabiity on each ounce mined. And of course it means, high premium on stock. Truly when you add all this up, a miner's dream come true. BTW, got a hint from a stock owner that highly reknowed gold newsletter now has a BUY recommendation om AMX.
Bullboard Posts