AMEx’s founder acquired the La Cruzada property in 2018, built the investment thesis and performed a series of desktop tasks, spectral analysis, and A+I algorithm testings to stress test the concept. With a reinvigorated junior exploration market in 2020, AMEx decided to take on and allocate capital to convert La Cruzada into an exploration asset. During the first ever expedition to the property in June 2021, the company recovered a significant sample discovering a lithocap with politmetalic mineralization at surface. The company is building on that initial success aiming at advancing the La Cruzada prospect through exploration to discovery either through self-financing or partnering.
Lithocap, polymetallic mineralization and magnetic “doughnut”-shaped anomalies make La Cruzada a prime porphyry and HSE exploration target.