Denver Gold Group member
Amex Gold Mining
- TSXv: AMX
- Explorer (advanced)
- Gold
- Silver
- Montréal, Canada
Company profile
Amex Gold Mining has made significant high-grade gold discoveries, along with copper-rich volcanogenic massive sulphide (VMS) zones, at its 100%-owned Perron Gold Project, located approximately 110 kilometres north of Rouyn-Noranda, Quebec. The Perron Project in Quebec consists of 183 contiguous claims for a surface area of 65.75 km². The project hosts both bulk-tonnage and high-grade gold mineralization styles. Eldorado Gold is a strategic 27% investor.
When combined with the adjacent and contiguous Perron West Project and Abbotsford and Hepburn Projects (including additional claims acquired through staking) in Ontario, the consolidated land package spans a district-scale 570.94 km². This extensive property lies within highly prospective geology favourable for both high-grade gold and VMS mineralization.
The Project benefits from excellent infrastructure: it is accessible by a year-round road, located just 30 minutes from an airport, and approximately 6.5 km from the Town of Normétal. It is also in close proximity to several process plants owned by major gold producers.
Amex delivered a positive feasibility study:
Gold production to average 147,000 oz per year over the 5 years of commercial Phase 1 production at an All in Sustaining Cost ("AISC") of USD$910/oz Au
Projected Post-Tax IRR of 114.6% and Post-Tax NPV5 of CAD$1.13 billion generated from a Cumulative Undiscounted Post-Tax Cash Flow of CAD$1.44 billion at an assumed gold price USD$3,500/oz
The Phase 1 Feasibility Study evaluates an initial development scenario at Perron, building on the broader potential outlined in the September 2025 PEA, which indicated a potential mine life of approximately 17 years1
Phase 1 mine development consists of two (2) years pre-production, followed by five (5) years of commercial mining and toll milling operations
Executing a toll milling approach reduces risks and accelerates production schedule targeting revenue in 2028
Proven and Probable mineable reserve of 1,989 kilotonnes at a grade of 12.1 grams per tonne, for 774,000 ounces of gold mined
Low initial capital cost estimate of CAD$193.9 million
After-tax payback period of 0.5 years
At Mining Forum Australia
A Denver Gold Group member company
Member companies meet qualified investors in unmediated 1x1 Meetings at every Mining Forum. The 2027 issuer list is published as companies confirm.
Peer groupthe five most similar Denver Gold Group members, 1 = most similar
| Rank | Company | Stage | Minerals | Primary operations | Market cap | 2025 production | Reserves | Match by factor |
|---|---|---|---|---|---|---|---|---|
| This company | Amex Gold MiningTSXv: AMX | Explorer | Gold, Silver | Canada | $437M | |||
| 1 | Radisson Mining ResourcesTSXv: RDS | Explorer | Gold, Gold | Canada | $378M | |||
| 2 | Dolly Varden Silver Corp.TSXv: DV | Explorer | Silver, Gold | Canada | $241M | |||
| 3 | Northfield Capital CorporationTSXv: NFD.A | Explorer | Gold, Titanium | Canada | $101M | |||
| 4 | Banyan Gold Corp.TSXv: BYN | Explorer | Gold, Silver | Canada | $666M | |||
| 5 | Founders MetalsTSXv: FDR | Explorer | Gold | Suriname | $616M |
close partial distant not reported Dots run in the order market cap, stage, minerals, country, production, reserves. Similarity weighs market capitalisation 25%, stage of development 20%, primary and secondary minerals 20%, primary country of operations 10%, production 12.5% and reserves 12.5%, with sizes compared on a logarithmic scale. Production and reserves are compared only between companies with the same primary mineral, and a figure a company has not supplied is left out of the score instead of counting against it. A statistical grouping for orientation, not a recommendation or a valuation comparison.
Prepared for information only; it is not investment advice or a recommendation. Company data as supplied to Denver Gold Group by member companies and public market sources. Market figures in US dollars as at 20 September 2026.