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Amex Exploration Inc.
Summary
| Project: | Perron | |
|---|---|---|
| Deposit: | Gratien, EGZ | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/5/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-12-2019: Amex Exploration Inc. announces an Exploration/Drilling Update report for its Gratien, EGZ deposit at the Perron project. Drilling results incl. 4.10m @ 41.30g/t Au, 13.68g/t Ag from 87.10m. MONTREAL, CANADA – DECEMBER 05, 2019 - Amex Explorati | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Maxime Bouchard, Jerome Augustin (Independent) | |
| ABSTRACT: | MONTREAL, CANADA – DECEMBER 05, 2019 - Amex Exploration Inc. (“Amex or the Company”) (TSX-V: AMX, FRA: MX0, OTCQX: AMXEF) is very pleased to report the results of several drill holes on its Perron property in northwestern Quebec, Canada (see figures 1 and 2 below). A complete list of results is provided in table 1. Amex provides all drill data on its website at http://www.amexexploration.com/perron/drill-data-room/. The drill results include intersections from the Gratien Gold Zone (GGZ) and the Eastern Gold Zone (EGZ). Kelly Malcolm, Vice President Exploration of Amex, commented, “I am very pleased with the high-grade intercept in the Upper Gratien Zone, which is the strongest mineralization, on a metal factor basis, that has been identified in that zone to date. The possibility of a multitude of high grade lenses within the broader kilometre-long Gratien system is encouraging when contemplating either open pit or underground mining scenarios. The Eastern Gold Zone also continues to intersect meaningful intervals in both the HGZ and Denise zone which continue to define and expand the system. We are awaiting assays on a number of additional drillholes, many of which encountered visible gold.” The third drill, which is scheduled to arrive on January 6th , will be dedicated to the regional exploration program comprised of approximately 20,000 m, of the 100,000 m drill program, targeting additional high-grade gold mineralization in the under-explored portions of the highly prospective Beaupré Rhyolite block. In addition, the Company recently completed a 600 linekilometre survey of high resolution drone magnetics at a very tight line spacing of 25 m, flown at a low altitude. | |
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