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Amex Exploration Inc.
Summary
| Project: | Perron | |
|---|---|---|
| Deposit: | Perron | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/26/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-3-2019: Amex Exploration Inc. announces an Exploration/Drilling Update report for its Perron deposit at the Perron project. Drilling results incl. 10.30m @ 11.05g/t Au from 302.7m. MONTREAL, Canada – March 26, 2019 - Amex Exploration Inc. (“Amex or the | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Maxime Bouchard, Jerome Augustin (Laurentia Exploration) | |
| ABSTRACT: | MONTREAL, Canada – March 26, 2019 - Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce that ongoing drilling of the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”) continues to intersect high grade gold mineralization in additional step out drillholes. Drill hole PE-19-36 intersected 11.05 g/t Au over 10.3 m including 99.2 g/t Au over 0.5 m, 18.3 g/t Au over 0.5 m, and 77.61 g/t Au over 0.6 m on the Company’s furthest east 25 metre step-out hole testing the High Grade Zone (“HGZ”). The intersected mineralization, which is characteristic of the HGZ, consists of two gold-bearing quartz veins located on either side of a narrow weakly mineralized mafic intrusive crosscutting a large unit of silicified rhyolite. These two quartz veins typically contain sphalerite, pyrite, and visible gold as coarse grains, flakes, or specs. Additional gold-bearing intersections are detailed in Table 1 and shown in Figures 1 and 2. In addition to these results, the Company wishes to report that it has identified additional visible gold in recently completed drill holes for which assays are pending. With the high grade results from PE-19-36 and additional mineralization encountered in PE-19-35, the Company has now confirmed an additional 25 metres of strike of the HGZ mineralized system. The zone has now been intersected over a vertical distance of 300 metres with a lateral distance of over 50 metres pierce point to pierce point with a spacing varying from 25 to 50 metres. The High Grade Zone remains open along strike, towards surface and to depth. | |
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