Amex Gold Mining Files Project Notice for the Perron Gold Mine
Amex’s Perron permit filing advances the project timeline, though significant execution hurdles remain for the deposit.
Amex Exploration Inc. has officially filed the Project Notice for the Perron Gold Mine with Québec's Ministry of the Environment (MELCCFP), formally initiating the provincial environmental assessment process. The filing leverages the Phase 1 Feasibility Study released in April 2026, which outlines a high-grade underground mining operation targeting 147,000 oz Au/year at an AISC of US$910/oz, with a post-tax IRR of 114.6% and an after-tax NPV of C$1.13 billion.
Construction of a fully permitted 40,000-tonne bulk sample program is advancing to generate geological, geotechnical, and metallurgical data to support future mine development. The project is located in Valcanton, northern Québec, on a 183-claim land package (65.72 km²), with a consolidated district-scale footprint of 570.94 km² including adjacent Ontario properties.
Amex Exploration Inc. (AMX) filed a Project Notice, a standard regulatory milestone following the release of the April 2026 feasibility study and the June 2026 capital raise. The filing does not introduce new economic parameters, change the project timeline, or alter the development strategy. The market had already priced in the permitting progression given the company's explicit roadmap. The news is incremental and procedural, confirming management is adhering to the established development plan.
Amex Exploration Inc. is a Canadian exploration and development company focused on the Perron Gold Project in the Abitibi Greenstone Belt. The flagship project features high-grade gold and volcanogenic massive sulphide (VMS) mineralization across a consolidated land package exceeding 570 km².
The Phase 1 Feasibility Study outlines a 5-year underground mining operation utilizing contract mining at 1,100 t/d and toll-milling to a nearby regional facility. Infrastructure advantages include year-round road access, proximity to an airport (30 mins), and a dedicated 25kV Hydro-Québec power line under construction, targeting Q3 2026 commissioning.