Amex Exploration Inc. (TSX VENTURE:AMX) is very pleased to announce that it has
just received the final results of its latest drilling campaign on its 100%
owned Cameron gold property confirming the presence of a new mineralized high
grade gold structure with values of up to 7,37 g/t Au over 1.4 meters located
within a broader lower grade zone that returned an average value of 1,27 g/t Au
over 9,5 meters in hole CA2013s04.


This phase of drilling, that was initiated in late 2013 (see PR of November 26,
2013) and consisted of 5 drill holes totalling about 1,278 meters, is in fact a
follow-up of Amex drilling done in early 2011 where a gold-bearing shear zone
located in a mylonitized felsic volcanic unit was intersected. Indeed, hole
CA2011s02 returned intersect of 0,93 g/t Au over 9,0 meters including a higher
grade sub-intersect of 4,16 g/t Au over 1,5 meters. This hole was actually
located just behind trench 91-13 done by SOQUEM that was channel sampled by Amex
in late 2010 returning a gold content of 1,17 g/t Au over 2,9 meters (see PR of
January 6th, 2011).




                                   Table 1                                 
---------------------------------------------------------------------------
                            Cameron Gold Project                           
                          2014 Drilling Intercepts                         
---------------------------------------------------------------------------
Hole_No                   From             To          Width         Au g/t
                                                         (m)               
---------------------------------------------------------------------------
CA2013s01                    -              -              -            NSV
---------------------------------------------------------------------------
CA2013s02                    -              -              -            NSV
---------------------------------------------------------------------------
CA2013s03               126.60         133.30           6.70           0.38
---------------------------------------------------------------------------
  incl                  131.50         133.30           1.80           0.96
---------------------------------------------------------------------------
CA2013s04               172.60         182.10           9.50           1.27
---------------------------------------------------------------------------
  incl                  173.80         175.20           1.40           7.37
---------------------------------------------------------------------------
CA2013s05               171.20         172.50           1.30           1.17
---------------------------------------------------------------------------
                                                                           
Legend: NSV = No significant value                                         



The drilling campaign and the quality control program is defined and supervised
by Jacques. Marchand Eng Geol, The QAQC include insertion of blank, standard or
duplicate every 20 samples. The gold value is estimated by Fire Assay at ALS
Mineral in Val d'Or. The logging and sampling was realised by Matthieu Picarello
Geol.


The pattern of this latest phase of drilling was proposed by independent QP
Jacques Marchand, P. Eng. and was designed to better understand the orientation
and continuity of this new gold bearing structure. Out of the 5 drill holes, 3
holes (Holes CA2013s03, 04 and 05) have intersected the structure with
significant gold values and demonstrate that this structure has a width of about
7,5 to 9,5 meters, is oriented ENE-WNW and is recognised over a strike length of
at least 200 meters (see table 1 for all drill results).


This structure appears from surface to a minimum depth of at least 125 meters
and is open in all directions. The two other holes (located to the West of Hole
CA-11-P2) have missed the structure having their collar located just to the
north of the now know mineralized structure.


The Cameron property is located at about 25 kilometres to the NE of
Lebel-sur-Quevillon in the north-western part of Quebec, and consists of 13
claims for a total area of 731 hectares. Geologically, it is covered by volcano
sedimentary rocks of the Abitibi Sub province which consists mostly of basaltic
to andesitic rocks with five felsic horizons present in the trench area. The
property is strategically located near the intersection of the Cameron and
Chieftain regional deformation corridors and is cut by the regional NE trending
Franquet and Wedding faults. To the northwest, shear-related gold mineralization
has been discovered along the NW Cameron deformation corridor at the Flordin
deposit with 1997 estimated reserves of 815 500T @ 5.1 g/t Au and at the
Cartwright deposit with 83 000T @ 10.4 g/t Au.


The management of Amex is very pleased with the identification of this new high
grade gold- bearing structure at Cameron and is actually preparing an additional
work program to better evaluate its full potential. The timing and the
emplacement of this next phase of work will be announced as soon as it will be
approved by Amex management.


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.


Jacques Marchand, P.Eng., who is a Qualified Persons as defined by Canadian NI
43-101, have approved the technical information reported in this news release.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Jacques Trottier, PhD
President and Chief Executive Officer
(514) 866-8209
Amex Exploration (TSXV:AMX)
Historical Stock Chart
From Jan 2025 to Feb 2025 Click Here for more Amex Exploration Charts.
Amex Exploration (TSXV:AMX)
Historical Stock Chart
From Feb 2024 to Feb 2025 Click Here for more Amex Exploration Charts.