Amex Gold Locks In Contractor for 40,000 Tonne Champagne Zone Bulk Sample

Amex Gold Mining (TSXV: AMX) has retained CMAC-Thyssen Mining Group as the underground mining contractor for the 40,000 tonne bulk sample program at its wholly owned Perron gold project in northwestern Quebec.

Mobilization of CMAC’s underground crews is expected to begin in late July, with initial underground development to follow shortly after. Portal construction is progressing on schedule, and the first portal blast is anticipated in mid-July.

CMAC will be responsible for all underground development and mining tied to the program, working under Amex supervision. That includes ramp development, mine services, ground support installation, production drilling and blasting, loading and hauling, and extraction of the 40,000 tonnes.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

The contractor was selected through a competitive tender involving several underground mining firms.

“The appointment of CMAC represents another major milestone as Perron continues to transition from exploration toward development,” said Victor Cantore, president and chief executive officer of Amex Gold Mining. “CMAC distinguished itself through its extensive underground mining experience, technical capabilities and proven ability to execute complex underground projects efficiently.”

The bulk sample will pull material from the Champagne Zone and is intended to confirm assumptions built into the feasibility study, validate mining methods and inform future mine planning.

The appointment follows a stretch of site activity. Amex said last week that the water treatment plant had arrived and installation was underway, with commissioning expected over the coming weeks. Several infrastructure pads have been completed or are nearing completion, and temporary offices and site services are being installed.

Work on permanent electrical infrastructure also continues, with a grid connection anticipated in late 2026 or early 2027.

Amex Gold Mining last traded at $4.14 on the TSX Venture.

Information for this briefing was found via the sources and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
Video Articles

One of the World’s Biggest Copper Mines Could Reopen Just to Shut Down | First Quantum

They Just Hit Almost Pure Silver in Canada’s Forgotten Silver Capital | DD-on-the-GO! – Brixton Metals

Fewer Relapses, So Why Expand This Heart Drug Trial? | David Elsley – Cardiol Therapeutics

Recommended

First Majestic Produces 3.4 Million Ounces of Silver in Q3 2026, Jerritt Canyon Restart Remains on Track

Altamira Gold Drills 134 Metres of 0.5 g/t Gold at Maria Bonita, Hole Ends in Mineralization

Related News

Exploring The Abitibi For Gold – The Daily Dive feat Johnathan More of Starr Peak Exploration

Joining us this morning on the Daily Dive is that of Johnathan More, CEO of...

Tuesday, December 22, 2020, 01:30:00 PM

AMEX Exploration Outlines $525 Million After Tax NPV(5%) For Perron Project In PEA

Amex Exploration (TSXV: AMX) has completed a preliminary economic assessment for its flagship Perron project,...

Wednesday, November 13, 2024, 08:52:13 AM

Eldorado To Increase Amex Exploration Interest To 17% With $17.6 Million Investment

Amex Exploration (TSXV: AMX) is set to expand its ownership by strategic investors, with the...

Thursday, July 17, 2025, 08:52:57 AM

Amex Exploration Craters 37% After Releasing Mineral Resource Estimate For Perron

Amex Exploration (TSXV: AMX) this morning published a mineral resource estimate for its flagship Perron...

Thursday, September 5, 2024, 09:55:40 AM

Amex Exploration Acquires Perron West Property For Cash And Shares

Amex Exploration (TSXV: AMEX) has dramatically expanded its land holdings within the Abitibi region of...

Tuesday, March 25, 2025, 08:42:33 AM