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Technical Study

Amex continues bulk sample, phase 1 feasibility work

By The Northwire Desk — AI Analysis Jan 15, 2026 · 16:23 AMX · 5.07 Amex Exploration Inc.
AMX · Price

Executive Summary

  • Amex Exploration Inc. submitted a permit application for its Perron gold project bulk sample program, targeting activity commencement in H1 2026.
  • Engineering firm Evomine has been contracted to lead the Phase 1 Feasibility Study (FS) and detailed engineering, with metallurgical testing of a 120kg sample currently underway.
  • The Phase 1 FS is scheduled for release by end of Q1 2026, incorporating current gold market conditions to support permitting and a targeted 2028 project start-up.

Key Details

  • Bulk sample permit application submitted in September 2025; activities targeted for first half of 2026 pending regulatory approval.
  • Major RFQs progressing with long-lead items released; discussions ongoing with contractors, equipment/infrastructure providers, and consultants.
  • Advanced discussions underway for bulk sample milling at nearby facilities in the Abitibi region.
  • Detailed underground designs (portal, ramp, development, stopes) completed and slated for use in Phase 1 mining operations.
  • Bulk sample program intended to validate geological/mining hypotheses and gather technical data for the Perron project.
  • Evomine (Quebec-based engineering consulting firm) awarded mandate for detailed engineering design and Phase 1 FS, creating synergies between the bulk sample and development scenario.
  • 120-kilogram composite mineralized sample from the Champagne zone sent to a metallurgical laboratory in December 2025 to test compatibility with local mill flow sheets.
  • Phase 1 FS on track for completion and release by end of Q1 2026; will incorporate recent gold price increases to positively impact project economics.
  • FS will serve as a cornerstone document for project permitting and future development decisions.
  • Company targets potential project start-up in 2028 based on current timelines.
  • Perron project location: ~110 km north of Rouyn-Noranda, Que., comprising 183 contiguous claims (65.75 sq km).
  • Consolidated land package (including Perron West, Abbotsford, and Hepburn projects in Ontario) spans 501.08 sq km.
  • Infrastructure advantages: Year-round road access, 30 minutes from an airport, 6.5 km from Normetal, and proximity to major gold producer process plants.
Read the original news release →

More from Amex Exploration Inc.

Oct 29, 2026 · 07:02

Amex confirms high-grade resource conversion with a 320 metre step-out that remains narrow in width.

Drill Results Sep 21, 2026 · 07:01

Amex reports the Perron decline has passed 75 metres while the bulk-sample ramp continues to progress according to plan.

Production / Operations Sep 10, 2026 · 07:01

Amex’s Early Rose zone returned narrow intersections near the ramp, highlighting the deposit’s proximity to infrastructure as a key development driver.

Drill Results Sep 02, 2026 · 07:01

Amex completed portal construction and blasted the first ramp round at its project, with bulk sampling scheduled next.

Production / Operations Aug 13, 2026 · 07:01

Amex’s Perron permit filing advances the project timeline, though significant execution hurdles remain for the deposit.

Production / Operations Aug 05, 2026 · 07:02

Amex completes portal blasting at Perron and prepares for bulk sample ramp development, maintaining its project schedule without unexpected delays.

Production / Operations