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Amex Exploration Inc.
Summary
| Project: | Perron | |
|---|---|---|
| Deposit: | Gratien | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/30/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-7-2019: Amex Exploration Inc. announces an Exploration/Drilling Update report for its Gratien deposit at the Perron project. Drilling results incl. 4.90m @ 27.45g/t Au from 189.60m. MONTREAL, Canada – JULY 30, 2019 - Amex Exploration Inc. (“Amex or the | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Maxime Bouchard, Jerome Augustin (Laurentia Exploration) | |
| ABSTRACT: | MONTREAL, Canada – JULY 30, 2019 - Amex Exploration Inc. (“Amex or the Company”) (TSX-V: AMX, FRA: MX0, OTCQX: AMXEF) is very pleased to report high grade gold mineralization in two additional holes at the Gratien Gold Zone (“Gratien”) on its Perron property (Figure 1). High grade gold mineralization can now be traced over a subhorizontal strike of 360 metres at Gratien, in addition to several lenses of lower grade gold mineralization that have been defined through historical drilling (Figure 2). The Gratien is located approximately 1.5 km west of the Company’s bonanza discovery Eastern Gold Zone (“EGZ”). Amex first confirmed the high-grade nature of the Gratien Gold Zone in a press release date July 23, 2019 that reported hole PEG 19-65. In addition, the Company is very pleased to report visible gold in three regional wildcat exploration holes which are located about 650 m from Gratien and located between the Gratien Zone and the EGZ. See Figure 1 for the location of the three currently identified gold zones at Perron. The Gratien Gold Zone is located approximately 1.5 km from Amex’s recent gold discovery, the EGZ, that Amex has been drilling for the past 8 months (Figure 1 and 2). The Gratien target is being explored as part of the previously announced 6,000 m regional drill program. Results from two holes, PEG-19-66 and PEG-19-68 are provided below in Table 1 bringing the strike length of high-grade gold mineralisation to 350 metres on this newly-defined high-grade lens of the Gratien Gold Zone. Amex’s drilling, coupled with historical drilling, has identified a number of stacked vertically-dipping lenses of gold mineralization within the Gratien zone (Figure 3 and 4). Continued drilling will test the continuity of these lenses along the roughly 1 km-long corridor of gold mineralization in the Gratien Gold Zone. | |
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