# Amex Announces Filing of Feasibility Phase 1 Technical Report for the Perron Gold Mine

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/amex-announces-filing-of-feasibility-phase-1-technical-report-for-the-perron-gol--57396d99-fdb1-44e8-b6af-8dbbf7e363a0

Original source: https://money.tmx.com/en/quote/AMX/news/6861513279505595/amex-announces-filing-of-feasibility-phase-1-technical-report-for-the-perron-gol

Publisher: tmx

Original announcement: 2026-05-29T00:35:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Amex Exploration Inc.

- Ticker: AMX

- Exchange: TSX

- Region: Québec, Canada

- Primary commodity: Gold

- Secondary commodities: Copper

- Document categories: Resource update

- Extracted: 2026-08-22 22:32:58 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Amex Exploration Inc. has filed a NI 43-101 technical report supporting a Phase 1 Feasibility Study for the Perron Gold Project in Quebec. The study reports Proven and Probable reserves of 1.989 million tonnes at 12.1 g/t gold, with an estimated NPV of C$1.13 billion and an IRR of 114.6%.

Reasoning: The filing of a Phase 1 Feasibility Study for a high-grade gold project with strong economics is a major de-risking milestone, though the core results were previously disclosed.

- Positive factor: Strong economic indicators \(NPV $1.13B, IRR 114.6%\)

- Positive factor: High-grade reserves \(12.1 g/t Au\)

- Positive factor: Short payback period \(0.5 years\)

- Positive factor: Proven and Probable reserves established

- Negative factor: Results were previously announced in April 2026

Facts used in scoring: 2

## Classification and evidence

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The report explicitly states Proven and Probable Mineral Reserves.

Evidence · text

> Proven and Probable Mineral Reserves

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The report explicitly states Proven and Probable Mineral Reserves.

Evidence · text

> Proven and Probable Mineral Reserves

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The technical report was prepared in accordance with NI 43-101 standards.

Evidence · text

> prepared in accordance with NI 43-101

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Multiple Qualified Persons \(QPs\) are named in the report.

Evidence · text

> The Qualified Persons \("QPs"\) for this Technical Report are the following

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Resource Estimates (2)

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/amex-announces-filing-of-feasibility-phase-1-technical-report-for-the-perron-gol--57396d99-fdb1-44e8-b6af-8dbbf7e363a0#fact-resource-facts-0)

gold

#### Identity

- Commodity: gold
- Ticker: AMX

#### Resource Data

- Category: proven
- Tonnes: 1989000
- Grade: 12.1
- Grade Unit: g/t
- Contained Metal: 774500
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: High-grade gold reserve reported as part of a feasibility study.

- Positive factor: High grade \(12.1 g/t\)

- Positive factor: Established reserve category

Evidence · text

> Proven and Probable Mineral Reserves of 1.989 million tonnes grading 12.1 g/t gold, containing approximately 774,500 ounces of gold

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/amex-announces-filing-of-feasibility-phase-1-technical-report-for-the-perron-gol--57396d99-fdb1-44e8-b6af-8dbbf7e363a0#fact-resource-facts-1)

gold

#### Identity

- Commodity: gold
- Ticker: AMX

#### Resource Data

- Category: probable
- Tonnes: 1989000
- Grade: 12.1
- Grade Unit: g/t
- Contained Metal: 774500
- Contained Unit: oz

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-29T00:00:00.000Z

Reasoning: High-grade gold reserve reported as part of a feasibility study.

- Positive factor: High grade \(12.1 g/t\)

- Positive factor: Established reserve category

Evidence · text

> Proven and Probable Mineral Reserves of 1.989 million tonnes grading 12.1 g/t gold, containing approximately 774,500 ounces of gold

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.