The Prospector News

Ellis Martin Report:Amex Exploration CEO Victor Cantore on Feasibility, Gold Expansion & Production

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Ellis Martin Report:Amex Exploration CEO Victor Cantore on Feasibility, Gold Expansion & Production

 

 

 

 

In this new episode of The Ellis Martin Report and Money Talk Radio, host Ellis Martin speaks with Victor Cantore, President and CEO of Amex Exploration (TSX-V:AMX) (OTCQX:AMXEF) one of Quebec’s most exciting near-term gold producers.

 

The company’s 100%-owned Perron Gold Project in Quebec’s Abitibi Greenstone Belt continues to generate exceptional results across multiple high-priority zones as it moves toward production.

 

Project Highlights

• Feasibility Study Underway: Phase One (toll milling) feasibility on track for completion in H1 2026, putting Amex on course to become a near-term producer.

• Production Metrics: Expected 102,000 oz/year, with the first 10 years averaging 112,000 oz at $1,165/oz AISC.

• Economics: CapEx: CA$146M (pre-production estimate now reduced to CA$77M) Pre-tax NPV (at $3,400 gold): ≈ CA$5B IRR: 107% at $3,400 gold Payback: 0.4 years after tax (≈5 months) Even at $2,000 gold, payback remains just 2 years

• Infrastructure Advantage: Located 5 km from town — close to workforce, power, and water, yet far enough to minimize disturbance.

• Land Control: 200 km² total, including 35 km of strike length in the Greenstone Belt — one of the richest gold corridors in the world.

• Exploration Growth: Over 100,000 meters funded through 2026 via recent flow-through financing. • Market Momentum: Share price nearly doubled in Q3 2025; market cap ≈ CA$400M vs. NPV ≈ CA$1.9B — strong upside potential.

 

Quote from Victor Cantore “We’re on schedule, funded, and executing. The project economics, jurisdiction, and infrastructure make this one of the best-positioned gold stories in Canada right now.”

 

About Amex Exploration

 

Amex Exploration Inc. is a Canadian-based mining company advancing its 100%-owned Perron Gold Project located in Quebec’s Abitibi Greenstone Belt — a world-class jurisdiction for high-grade gold discoveries. The company is focused on transitioning from exploration success to production readiness.

 

Courtesy of the Ellis Martin Report

Posted October 8, 2025

Share this news article

MORE or "UNCATEGORIZED"


Brazil Potash Presells 91% of Future Production, Catalyzing Construction Financing Phase

Final critical mineral offtake agreement with Kimia Solutions key... READ MORE

October 28, 2025

Midnight Sun Closes Oversubscribed C$30,475,575 "Bought Deal" LIFE Offering

Midnight Sun Mining Corp. (TSX-V: MMA) (OTCQX: MDNGF) is pleased ... READ MORE

October 28, 2025

AbraSilver Drilling at Diablillos Intersects 8.5 Metres at 13.81 g/t Gold at Oculto East

Separate Hole Intersects Broad Zone of 180 m Grading 0.65 g/t Gol... READ MORE

October 28, 2025

Koryx Copper Announces Further Positive Drill Results at the Haib Copper Project, Southern Namibia

Highlights  • Assays reported for a further 17 drill holes for... READ MORE

October 28, 2025

Scottie Resources Announces Impressive Economics in Preliminary Economic Assessment for Scottie Gold Mine Project

Scottie Resources Corp. (TSX-V: SCOT) (OTCQB: SCTSF) (FSE: SR80) ... READ MORE

October 28, 2025

Copyright 2025 The Prospector News