Exploration Expands Central Polymetallic Zone At Perron Project

MONTREAL - Amex Exploration Inc. reported on its ongoing drill program at the Perron Project, located in northwestern Abitibi, Quebec. Results from PEG-25-854 have expanded the mineralized footprint of the Central Polymetallic Zone (CPZ) to the west near surface by approximately 130 m. CPZ Drill Results: 39.06 g/t Au, 331.92 g/t Ag, 1.14% Cu, 3.38% Zn and 2.35% Pb over 1.30 m, including 48.27 g/t Au, 468.00 g/t Ag, 1.72% Cu, 4.48% Zn and 3.21% Pb over 0.80 m at a vertical depth of ~105 m - hole PEG-25-854.

Jacques Trottier, Executive Chairman, said, "The Central Polymetallic Zone had not been drilled since the discovery of the High Grade Zone in late 2018, until last year's intercept of 134.36 g/t Au over 1.80 m which extended the zone at depth down plunge. The results have extended the zone up plunge, westwards and towards surface and indicates that there is much more room for growth. As can be seen by observing the gold to silver ratio, we can highlight zones of polymetallic mineralization. Our geology team has identified the potential for the extension of the CPZ to continue at depth, where there is a possible correlation with the Donna Copper Zone, found just north of the High Grade Zone. This model would match with other Volcanogenic Massive Sulfide (VMS) orebodies in the region such as the historical Normétal Mine, which was zinc-rich close to surface and more copper-rich at depth."