Close

Amex Acquires 3 New Mining Properties Along Plan Nord Stornoway Road, James Bay

April 20, 2015 3:13 PM EDT

MONTREAL, CANADA -- (Marketwired) -- 04/20/15 -- Amex Exploration Inc. (TSX VENTURE: AMX) announces the acquisition of three properties that consist of 79 claims totalling 4,227 hectares by way of map staking in the Eeyou Istchee Territory, James Bay, Quebec.

The 3 new properties will be referred as:


Lac Indicateur                    24 claims    1,279 hectares
Eastmain Centre                   40 claims    2,160 hectares
Eastmain North                    15 claims      788 hectares

All these properties are located approximately 300 km north of the town of Chibougamau, Quebec. The whole area is part of Quebec's Government "Plan Nord" and is readily accessible from Chibougamau by the new 243-kilometer-long all-season road to Stornoway's Renard diamond mine (route 167 extension).

Jacques Trottier, Amex's President states: "We are quite pleased to have been able to stake these new claims in an area which until very recently had no easy access, and consequently, underexplored. In fact, this region is now subject to new extensive exploration work done by other junior exploration companies, some with impressive results!. We are anxious to start our own exploration program that should be elaborated and implemented in the next coming months!"

Amex Exploration Inc. is a junior mining exploration company listed on the TSX Venture Exchange whose primary objective is to develop and bring into production viable gold and base metal deposits.

Forward-looking statements:

Except for statements of historical facts, all statements in this news release regarding, without limitation, new project acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; Actual results and future events could differ materially from those anticipated in such statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Jacques Trottier, PhD
President and Chief Executive Officer
(514) 866-8209

Source: Amex Exploration Inc.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Press Releases

Related Entities

Definitive Agreement