AMEX Exploration

Amex Exploration has made significant high-grade gold discoveries, along with copper-rich volcanogenic massive sulphide (VMS) zones, at its 100%-owned Perron Gold Project, located, located just 30 minutes from an airport, and approximately 6.5 km from the Town of Normétal in Quebec. The Perron Project when consolidated with the adjacent and contiguous Perron West, Abbotsford and Hepburn properties in Ontario spans a district scale 501.08 km². This extensive property lies within highly prospective geology favourable for both high-grade gold and VMS mineralization.

The Project benefits from excellent infrastructure: it is accessible by a year-round road, has access to a hydro-electric station and is in proximity to several mills owned by major gold producers.

The robust PEA on the Perron Project is a catalyst for moving forward with a bulk sample permit for extraction in 2027. A feasibility study on Phase 1, toll milling operation is in progress for production to commence in 2028.

Management Profile

Victor Cantore, President and CEO, Director

Mr. Cantore is a seasoned capital markets professional specializing in the resource and hi tech sectors. He has more than 20 years of advisory and leadership experience having begun his career in 1992 as an investment advisor and then moving into management roles at both public and private companies. During his career he has organized and structured numerous equity and debt financings, mergers and acquisitions, joint venture partnerships and strategic alliances. Mr. Cantore serves on the boards of various companies both private and public.

What are your key goals for the next 3, 6 and 12 months?

3 Months

Drilling to find more high-value ounces on the Perron project and exploration drilling on newly acquired claims to find more discoveries. Grant of underground bulk sample permit to initiate activities for extraction of tonnage to a depth of 230m.

6 Months

Completion of feasibility study for a 4 year toll milling operation. Discovery of another high-grade zone.

12 Months

Development of full size portal for underground bulk sample, to a depth of approximately 230 meters focused on the Champagne and Denise zones. This program will de-risk the development of the Perron project, from a geological, technical and financial perspective.

What do you think makes your company such a compelling investment?

The PEA shows robust economics even if the gold price were to decline.

Highlights:

• Post-Tax IRR 70.1% and Post-Tax NPV C$1,085M at US$2,500/oz Au
• Two Stage Production: 4-year toll milling operation followed by the construction of an on-site processing plant
• Cumulative Undiscounted Post-Tax Cash Flow of C$1,768M, including C$1,273M over the first 10 years of production
• Gold production to average 112,000 oz per year over the first 10 years of production