“This investment represents a strong endorsement of the work conducted at the Perron project to date and leaves us well capitalized to pursue a dual strategy of advancing known zones of gold mineralization while continuing to unlock significant exploration potential through targeting new discoveries. We feel we have only scratched the surface of the gold potential at Perron,” Amex CEO Victor Cantore said in a news release.
“In addition, the company is well funded to produce a resource estimate and follow on preliminary economic assessment of the Perron project,” he added.
Amex’s flagship, wholly owned Perron gold property is 110 km north of Rouyn-Noranda, Quebec, and includes the historic Normetal gold mine. The property is accessible via road year-round and near power and water services.
Drilling discovered significant gold zones over a 4-km strike, giving the project the potential for a bulk tonnage open pit and…
