After setting up Sulliden Exploration in 1995 and opening an office in Lima in 1996, Jacques Trottier wrote a personal check in 2002 to acquire a property from a family in the Cajamarca region of northern Peru.
Trottier was interested in the property based on historical data and then reinterpreted it to determine that there was potential for a multi-million-ounce gold deposit. His theory turned out to be right when he discovered the Shahuindo deposit, which he grew to about 3 million oz. gold.
Shahuindo went on to become a gold-silver mine in 2016, and is now owned by Pan American Silver (TSX: PAAS; NYSE: PAAS), with an estimated mine life to 2028.
Today, the French Canadian geologist, with a PhD in economic geology from Ecole Polytechnique of Montreal, is convinced he has the makings of a new gold mine on his Perron project, 110 km north of Rouyn-Noranda in northwestern Quebec.
His junior company, Amex Exploration (TSXV: AMX), has spent more than $12 million on Perron, and found five mineralized gold zones, the most exciting of which
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