Amex Exploration Inc. Announces Exceptional Grade Control Results in Champagne Zone

Amex Exploration Inc. (TSX‑V: AMX, FRA: MX0, OTCQX: AMXEF) released drilling results from its first Grade Control Program hole in the Champagne zone of Quebec on 18 February 2026. The hole, designated PE‑19‑47W1, intersected a 6.40‑metre interval at a depth of approximately 200 metres that yielded 76.51 g/t gold and 7.57 g/t silver. An additional 1.55‑metre interval within the same hole produced a striking 312.60 g/t gold and 25.85 g/t silver.

The Grade Control Program is designed to refine the resource model for the Champagne zone and to reduce uncertainty ahead of the planned bulk‑sample operation and initial infrastructure development. “The primary purpose of the Grade Control Program is to increase geological certainty for the bulk sample and the first phase of the infrastructure,” said Aaron Stone, Vice‑President of Exploration at Amex. “The first hole’s results confirm the high quality of the target and provide confidence that the larger bulk sample will be representative.”

Context of the Findings

  • Depth and Width – 200 metres depth, 6.40 metres width for the 76.51 g/t gold intercept.
  • Comparative Grade – 312.60 g/t gold in a 1.55‑metre interval, indicating a highly concentrated mineralization.
  • Silver Content – 7.57 g/t silver in the wider interval, 25.85 g/t in the narrower interval.
  • Implications – The data are expected to support a robust bulk‑sample strategy and to inform the design of future drilling campaigns.

Company Profile

Amex Exploration Inc. is headquartered in Montreal, Canada, and is listed on the TSX Venture Exchange. The company focuses on exploring and developing gold and base‑metal projects in Quebec. As of 18 February 2026, the share price closed at 4.30 CAD, with a market capitalization of 608 million CAD. The 52‑week high and low are 5.34 CAD and 0.80 CAD, respectively. The company’s price‑earnings ratio is -110.59, reflecting its exploration‑stage status.

Market Reaction and Outlook

The announcement of the Grade Control results has been positively received by investors, contributing to a broader rotation into resource‑sector stocks on the TSX Venture Exchange. While the company remains in the exploration phase, the high‑grade intercepts reinforce confidence in the Champagne project’s potential to generate a substantial resource base. Further drilling and bulk‑sampling activities are expected to follow in the coming months.