The Prospector News

Chris Temple Interview Update with CEO Victor Cantore of Amex Exploration

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Chris Temple Interview Update with CEO Victor Cantore of Amex Exploration

 

 

 

 

Chris Temple visits with Victor Cantore CEO of AMEX Exploration (TSX-V:AMX) (OTCQX:AMXEF) chiefly to get an update on the company’s recent release of an initial Mineral Resource Estimate at the company’s Perron Project.

 

Simply put, the market was underwhelmed by the approximately 1.65 million ounce gold resource (total of inferred and indicated), as a larger number had been expected. Yet Cantore explains that:

1. There remains substantial upside exploration potential and past/future drilling to add over time to that resource and

2. More important, that the company released the resource when it did in anticipation of immediately putting out an economic study right after (expected not many weeks hence) showing robust economics of what would be an initial mine development.

 

And as Cantore underscores, the recent added investment into Amex by both Eric Sprott and Eldorado Gold suggest that THEY “get” the game plan here!

 

Especially given the drop in Amex’s share price of the last couple months following selling on the M.R.E., this–as I say during our discussion–is a gift to those of you who aren’t yet shareholders (or want to add to your holdings.)

 

Courtesy of the National Investor

Posted November 1, 2024

Share this news article

MORE or "UNCATEGORIZED"


Orvana Reports FY2024 Results & FY2025 Guidance

Orvana Minerals Corp. (TSX: ORV) is pleased to: report results for Fiscal Year 2024 (ended Septem... READ MORE

November 22, 2024

Filo Drills 1,270m at 0.92% CuEq in Aurora and 529m at 0.97% CuEq in Bonita

Filo Corp. (TSX: FIL) (Nasdaq First North Growth Market: FIL) (OTCQX: FLMMF) is pleased to annou... READ MORE

November 22, 2024

Guanajuato Silver Reports 2nd Consecutive Quarter of Positive Mine Operating Income

Guanajuato Silver Company Ltd. (TSX-V:GSVR) (OTCQX:GSVRF) is pleased to announce financial and opera... READ MORE

November 22, 2024

Juggernaut Closes Oversubscribed Flow-Through Financing

  Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) further to its November 12 , ... READ MORE

November 22, 2024

Ximen Mining Corp Drilling Intersects 16.30 G/T Gold on Mckinney Vein Extension

Ximen Mining Corp. (TSX-V: XIM) (FSE: 1XM) (OTC: XXMMF) XMis pleased to provide a summary of result... READ MORE

November 21, 2024

Copyright 2024 The Prospector News