Amex Exploration Inc.: Drilling has Started on the Perron Gold Property

Amex Exploration Inc.: Drilling has Started on the Perron Gold Property 
MONTREAL, QUEBEC -- (Marketwired) -- 08/30/13 -- Amex Exploration
Inc. (TSX VENTURE:AMX) ("Amex" or the "Corporation") is pleased to
report that Agnico Eagle Mines Limited (TSX:AEM)(NYSE:AEM) ("Agnico
Eagle") has started a new drilling program on the Perron Gold
property owned by Amex. This drilling program is part of the Option
Agreement that was recently signed (see PR dated June-21st, 2013)
where Agnico Eagle has exploration expenses commitment of $4,500,000
over a three year period to earn a 51% interest in the property. The
Perron gold property is located at about 5km NW from Normetal
mine-town in the Abitibi region of Quebec and is easily accessible by
road network. 
Agnico Eagle has informed Amex that it is planning to execute a 5,000
meters drilling campaign in two phases. According to the 'Option
Agreement', exploration work commitment expenditures of $450,000 has
to be finalized before the end of December, 2013. 
First phase consists of 3 drill holes of about 750 to 800 meters deep
each that will be located near the discovery hole PE-2013-03 made by
Amex earlier this year. As a reminder, this  hole returned an overall
grade of 2.19 g/t Au over a core length of 41.4 meters on a first of
two zones, including a higher grade sub section of 3.84 g/t Au over
15.2 meters.  
The first drill hole of this new phase of drilling is currently
underway. After completion, down hole geophysics will be done to help
for the location for the second and third drill holes to be done
before the end of September. October will be dedicated to make some
compilation on the first phase work results and for the planning of
the second phase drilling. Second phase will consist of additional
drill holes to follow-up on the compilation work and to restart
drilling by early November 2013. 
Jacques Trottier, PhD, President and CEO of Amex Exploration
comments, "We are very pleased that Agnico Eagle has started promptly
their work program on the Perron Gold property. We are quite
optimistic that this drilling program will confirm the presence of an
important gold mineralised body in extension at depth of the
mineralisation that Amex encountered in its hole PE-13-03 done
earlier this year. This new exploration campaign is just starting and
we are truly excited about the outcome". 
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.  
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.
Jacques Trottier, PhD
President and Chief Executive Officer
Amex Exploration: 514-866-8209 
Pierre Carrier
Chief Operation Officer
Amex Exploration: 514-866-8209
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