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Amex Exploration Inc.
Summary
| Project: | Perron | |
|---|---|---|
| Deposit: | Perron | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/20/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-11-2018: Amex Exploration Inc. announces an Exploration/Drilling Update report for its Perron deposit at the Perron project. Drilling results incl. 5.0m @ 1.21g/t Au from 134.0m. MONTREAL, Canada – November 20, 2018 - Amex Exploration Inc. (“Amex or th | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Maxime Bouchard (Laurentia Exploration) | |
| ABSTRACT: | MONTREAL, Canada – November 20, 2018 - Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V) is pleased to announce the results of the first drill hole of its ongoing drilling program at Perron (PE2018-14; ie Target 2018-X18: see Fig.1). This drill hole is located in the eastern most part of its 100% owned Perron property and was identified as a geophysic drill target with the recently 'orevision' ground geophysical survey executed by Abitibi Geophysics (see PR2018-08-05). A total of 7 gold bearing structures have been intersected with values of up to 3.85 g/t Au over 1.4 meters and 3.43 g/t Au over 1.65 meters at different depth between 96.0 m to 352.0 meters (see Table 1). All of theses gold bearing intersections are associated with strong silica alteration that appears to have a local blueish opaline textures and quartz-carbonate veining. This gold mineralization is different from the Eastern Gold Zone (EGZ) as it does not seem to be related to any zinc enrichment. This geophysical target was considered as a typical 'wildcat' target as it is located in a totally new area that was never tested by Amex before. In fact, this geophysical target, which demonstrated a very high resistivity and high polarization, is located at more than 1 Km to the North-East of the EGZ that was discovered last year (see PR2018-03-02). This 'wildcat' hole was drilled first for logistic reasons and ground conditions and not by priority order. The main objective of this phase of drilling is to follow-up on previous drilling on the EGZ. | |
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