One Of The Best High-Grade Gold Discoveries Of The Last Few Years Is On Sale At A Discount
2021 is a unique year for the gold mining sector. In some areas of the sector we are seeing exploration companies rise to $1 billion+ market valuations, while in other areas of the sector we are seeing development stage companies with multi-million ounce resources being valued at $25 per ounce of gold in the ground, in some cases even less than that.
The market is rewarding exploration companies with relatively new discoveries, while punishing the explorers that have discoveries that are 2-3 years old. This is despite the fact many of these explorers are continuing to have incredible drill results as they expand their resources.
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Amex Exploration (TSX-V:AMX, OTC: AMXEF) is one of the few gold juniors that can boast that it has a winning lotto ticket in the form of its high-grade Perron Gold Project in Quebec, Canada. Perron is located in a mining-friendly area near the Quebec/Ontario border that hosts numerous large gold deposits.
[Blockierte Grafik: https://cdn-ceo-ca.s3.amazonaws.com/1gdjhj9-Amex%20Perron%20Map.png]Additionally, more than 15 kilometers of prospective faults along an underexplored section of the Abitibi greenstone belt. Regional geology and drilling suggest there is an opportunity to host multiple ore deposits of various types. Orogenic gold and gold rich polymetallic VMS systems on the property, and the current 300,000 meter drilling program aims to provide a basis for maiden NI43-101 resource estimate.
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