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