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Amex Exploration Inc.
Summary
| Project: | Perron | |
|---|---|---|
| Deposit: | Perron | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/25/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 25-1-2018: Amex Exploration Inc. announces an Exploration/Drilling Update report for its Perron deposit at the Perron project. Drilling results incl. 76.5m @ 0.81g/t Au from 406.5m. Montreal, January 25th, 2018 - Amex Exploration Inc. (TSXV: AMX) (“Amex” | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Nabil Tarbouche (Explo-Logik) | |
| ABSTRACT: | Montreal, January 25th, 2018 - Amex Exploration Inc. (TSXV: AMX) (“Amex” or the “Corporation”) is very pleased to report the complete results from hole PE-2017-03 that was partly reported in Amex last press release dated January 16th 2017 where a high grade gold intercept was reported to contain multiple free coarse gold grains with a value of 12.22 g/t Au over 4.66 meters, including 16,7 g/t Au over 0.57 meter and 47.2 g/t Au over 1.00 meter. This high grade zone is in fact part of a broader mineralized zone characterized by a large envelope of highly sericitized and silicified host rhyolite unit that has returned an average value of 7.89 g/t Au over 7.5 meters (from depth of 310.5 to 318.0 meter). A second well mineralized wide zone was also intersected in the same hole PE-2017-03 at about a hundred meters deeper averaging 0.81 g/t Au over 76.5 meters (from 406.5 to 483.0 meter) including multiple higher grade zones of 5.10 g/t Au over 1.5 meters (from 406.5 to 408.0 m), and 3.91 g/t Au over 4.5 meters (from 447.0 to 451.5 m) including 9.67 g/t Au over 1.5 meter (from 448.5 to 450.0 m) (see Table 1). In addition, Amex also received complete results of hole PE-2017-01A that returned values of 2.63 g/t Au over 10.5 meters (from 214.5 to 225.0 m) including higher grade sub intervals of 6.66 g/t Au over 1.5 meter (from 214.5 to 216.0 m) and 9.55 g/t Au over 1.5 meter (from 223.5 to 225.0m). | |
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