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Amex Exploration Inc.
Summary
| Project: | Perron | |
|---|---|---|
| Deposit: | Perron | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/27/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-2-2019: Amex Exploration Inc. announces an Exploration/Drilling Update report for its Perron deposit at the Perron project. Drilling results incl. 8.50m @ 56.75g/t Au from 270.70m. MONTREAL, Canada – February 27, 2019 - Amex Exploration Inc. (“Amex or | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Maxime Bouchard (Laurentia Exploration) | |
| ABSTRACT: | MONTREAL, Canada – February 27, 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”) has successfully intersected additional high grade gold mineralization in the first lateral stepout program on the High Grade Zone ("HGZ") of the EGZ. Drill hole PE-19-27 intersected 56.75 g/t Au over 8.50 m including 581.59 g/t Au over 0.80 m (see Table 1) at a vertical depth of ~225 m and a lateral distance of ~25 m to the East from the previously defined vertical section of the High Grade Zone (see fig. 1 and 2). The intersected mineralization consists of two quartz veins located on either side of a foliated and fine grained mafic intrusive crosscutting a large unit of silicified rhyolite. The upper quartz vein returned a value of 17.33 g/t Au over 1.0 m and the lower quartz vein returned 581.59 g/t Au over 0.80 m. Each of these two quartz veins contains pyrite, sphalerite, and numerous visible gold as coarse grains, flakes, or points. An additional step out drill hole, PE-19-26, intersected the two quartz veins on both sides of the mafic intrusive with values of 5.73 g/t Au over 0.95 m and 9.33 g/t Au over 0.50 m (see Table 1) at a vertical depth of ~160 m, but this time at a lateral distance of ~25 m to the West of the previously defined vertical section of the High Grade Zone (see fig 2). | |
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