Amex Options Gowan Property Near Kidd Creek Mine – Investing News Network (press release) (registration) (blog)

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Amex Exploration Inc. (TSXV:AMX) (“Amex” or the “Corporation”) is pleased to announce that it has entered into an option agreement to acquire an undivided 100% interest in the Gowan Property.

This property is located in the Gowan Township in the Porcupine Mining Division Ontario, approximately 16 km due east of Glencore’s Kidd Creek Mine. The Kidd Creek Mine is considered to be a world class copper zinc volcanagenic massive sulphide deposit. The Kidd Mine has been in production for over 50 years and produced in excess of 150 million tons of ore. (ref. Kidd Operations Glencore).

As quoted in the press release:

Mr. Victor Cantore, President of Amex Exploration stated, “We continue to add attractive prospective properties to our portfolio. With the addition of the Gowan property we are expanding into Ontario and into the highly prolific Porcupine Belt. Our goal is to be opportunistic and acquire appealing properties at excellent valuations. Our Team is very excited about the prospects of this property, and for a relatively modest exploration program we believe we can quickly identify the potential at Gowan, offering our shareholders additional discovery opportunities.”

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