Amex Exploration Inc. has filed a National Instrument 43-101 technical report confirming the results of its Phase 1 Feasibility Study for the Perron Gold Project in Quebec, Canada. The study highlights proven and probable reserves of nearly 2 million tonnes grading 12.1 g/t gold, with an estimated 774,500 ounces of gold. The project forecasts average annual production of 147,000 ounces over five years, a post-tax NPV of C$1.13 billion, an IRR of 114.6%, and a payback period of just 0.5 years. The development plan involves underground mining at 1,100 tonnes per day with toll milling, reducing initial capital costs and accelerating production. This positions the Perron Project as a highly attractive gold mining opportunity with strong financial metrics and a quick return on investment.
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