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Quebec exploration company trades up on drill results

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Quebec exploration company Amex Exploration (CVE:AMX) announced today a high grade gold intersected on gratien gold zone at Perron.

Drill results included 16.48 g/t Au over 14.6 m including 315.4 g/t Au over 0.5 m and 102.96 g/t Au over 0.7 m.

The company was up 8.9% to $1.23 a share as of 4 p.m. ET.

Victor Cantore, CEO of Amex Exploration, commented in a news release.

"Our Perron property, which is of district-scale potential, continues to return very high grade gold intercepts across the project. The results from the Gratien Zone indicate a very robust mineralized gold system. We look forward to continuing to define the potential of the known gold zones on the project, as well as regional exploration of undrilled structures to the east, west, and north of the known 2.4 km highly mineralized corridor. The Perron property hosts two faults each measuring 7 km which are dramatically underexplored. The exploration upside potential here is incredible."

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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