OTCPK:MEAOD - Post by User
Post by
u2bobon Oct 28, 2017 1:44pm
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Post# 26872028
So Few Mills...
So Few Mills...Must say the new MTO flush with cash ...new management...and Mill sure do have a lot of different options going into 2018 vs. the old company with debt and stream plus cash poor with the only real option to be taken over...todays cash rich clean slate...have way more options between MTO'S OWN EXPLORATION...TAKEOVER OF OTHER SMALL EXPLORES OR A JV this is where a MILL sure comes in handy...one thing is for sure there is plenty of gold to be mined in the area...and Milled ! Gold Project in Quvillon research partner
Amex Exploration will devote the next few months to prospecting, sampling and geological mapping north of Lebel-sur-Quvillon.
© TC Media - Archives
A recent technical report to Montreal-based Amex Exploration found that because of its interest in gold discovery, the Cameron project should be the subject of a further exploration campaign. for which a budget of $ 600,000 should be granted.
Located about thirty kilometers from Lebel-sur-Quvillon, the Cameron project includes several properties that extend over 147 km 2 . These include the Windfall project at Minire Osisko and the Bachelor Mine at Ressources Mtanor. However, the technical report focuses only on the original 7.3 km 2 , where mineralization reaches grades ranging from 4.1 to 11.2 grams of gold per tonne of ore over thicknesses of 0, 3 to 1.5 meters had been intercepted.
"Cameron is well positioned in this very promising territory. We also have very active discussions with potential partners to assist us in its development. A strong partner will enable us to unleash the potential of this project without harming our shareholders, "said Amex Exploration CEO Victor Cantore.
Pull the maximum value of each dollar
Following the publication of the technical report, the Montreal company has undertaken an exploration campaign on three Cameron properties. With a budget of $ 60,000, this includes prospecting, sampling and geological mapping.
Gold Project in Quvillon research partner
Amex Exploration will devote the next few months to prospecting, sampling and geological mapping north of Lebel-sur-Quvillon.
© TC Media - Archives
A recent technical report to Montreal-based Amex Exploration found that because of its interest in gold discovery, the Cameron project should be the subject of a further exploration campaign. for which a budget of $ 600,000 should be granted.
Located about thirty kilometers from Lebel-sur-Quvillon, the Cameron project includes several properties that extend over 147 km 2 . These include the Windfall project at Minire Osisko and the Bachelor Mine at Ressources Mtanor. However, the technical report focuses only on the original 7.3 km 2 , where mineralization reaches grades ranging from 4.1 to 11.2 grams of gold per tonne of ore over thicknesses of 0, 3 to 1.5 meters had been intercepted.
"Cameron is well positioned in this very promising territory. We also have very active discussions with potential partners to assist us in its development. A strong partner will enable us to unleash the potential of this project without harming our shareholders, "said Amex Exploration CEO Victor Cantore.
Pull the maximum value of each dollar
Following the publication of the technical report, the Montreal company has undertaken an exploration campaign on three Cameron properties. With a budget of $ 60,000, this includes prospecting, sampling and geological mapping.
"Once this program is completed, we will invite the companies we have targeted to establish a partnership to develop the project," said Mr. Cantore. We have money in reserve for exploration, and our goal is to spend it wisely to get the most value out of every dollar.