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Amex Exploration Inc.

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Summary

Project:

Perron

Deposit:Perron
Location:Canada
Commodities:Gold
Date:6/3/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:3-6-2019: Amex Exploration Inc. announces an Exploration/Drilling Update report for its Perron deposit at the Perron project. Drilling results incl. 5.90m @ 32.22g/t Au from 254.90m. MONTREAL, Canada – JUNE 3, 2019 - Amex Exploration Inc. (“Amex or the Co
Resources:x
CP/QP:[Overall Report]: Maxime Bouchard, Jerome Augustin (Laurentia Exploration)
ABSTRACT:MONTREAL, Canada – JUNE 3, 2019 - Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; OTCQX: AMXEF; FRA: MX0) is very pleased to announce the results from several drill holes targeting the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”) in northwestern Quebec as part of its 25,000 meters drilling program focused on the EGZ and regional exploration. The current results include both deep and shallow drill holes testing the High Grade Zone (“HGZ”) and Low Grade Zone (“LGZ”). A complete list of results are provided in table 1 and figures 1 and 2. In the HGZ, drill hole PE-19-46 intercepted 1.10 meters of 9.36 g/t Au including 0.50 meters of 18.12 g/t Au at a vertical depth of ~210 meters. Drill hole PE-19-47 intercepted 5.90 meters of 32.22 g/t Au including 0.50 meters of 374.06 g/t Au at a vertical depth of ~220 meters. Drill hole PE-19-48 intercepted 10.65 meters of 4.68 g/t including 0.55 meters of 78.28 g/t Au at a vertical depth of ~360 meters. The 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. In the LGZ, drill hole PE-19-46 intersected 8.50 meters of 0.55 g/t Au, 8.50 meters of 1.17 g/t Au including 0.50 meters of 14.74 g/t Au, and 6.00 meters of 0.75 g/t Au at approximate vertical depths between ~250 meters and ~390 meters. The mineralization, which is characteristic of the LGZ, consists of disseminated and quartz-vein-hosted gold, pyrite, and sphalerite associated with intense sericite alteration of a regionally extensive rhyolite.

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