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Canamex Resources Corp.
Summary
| Project: | Bruner | |
|---|---|---|
| Deposit: | Paymaster | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 1/17/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-1-2017: Canamex Resources Corp. announces an Exploration/Drilling Update report for its Paymaster deposit at the Bruner project. Drilling results incl. 18.3m @ 5.88g/t Au, 25.1g/t Ag from 61.0m. (January 17, 2017) Canamex Resources Corp. (“Canamex”) (T | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Greg Hahn (Internal) | |
| ABSTRACT: | (January 17, 2017) Canamex Resources Corp. (“Canamex”) (TSX-V: CSQ) (OTCBB:CNMXF) (FSE: CX6) is pleased to provide assay results from the fall drilling campaign at the Bruner gold project in Nye County, Nevada. The Company completed 23 holes focused on in-fill drilling at the Paymaster resource area. Twenty of the 23 holes intersected gold above the cut-off grade referenced in the PEA for the project. Hole B1608 intersected 18.3 meters (16.5 meters true width) of 5.88 gpt (grams per tonne) Au and 25.1 gpt Ag, including a core high-grade zone 7.6 meters wide (6.85 meters true width) of 13.1 gpt Au and 51 gpt Ag. The higher grade intercepts correspond to silicified and quartz-veined rocks. Results are summarized in the table below. True thicknesses range from 75% to 100% of reported thicknesses, depending upon the inclination of the various drill holes. Individual true widths of each of the drill hole intercepts announced herein remain to be determined based upon detailed analysis of each drill section. | |
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