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Pershimex Resources Corp.
Summary
| Project: | Malartic | |
|---|---|---|
| Deposit: | Parfouru | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 8/7/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-8-2019: Pershimex Resources Corp. announces an Exploration/Drilling Update report for its Parfouru deposit at the Malartic project. Drilling results incl. 6.8m @ 4.2g/t Au from 414.0m. Rouyn-Noranda, Québec, August 7, 2019: Pershimex Resources ("Pershim | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Robert Gagnon (Internal) | |
| ABSTRACT: | Rouyn-Noranda, Québec, August 7, 2019: Pershimex Resources ("Pershimex» or "Company") (TSX CROISSANCE: PRO) is pleased to announce the results of the six diamond drill holes conducted in the Parfouru gold shear zone in the Malrobic/ASPI sector, on the Malartic property. The Malartic property is under option with Dundee Precious Metals (DPM). The six drill holes: MLDD011, MLDD013, MLDD015, MLDD016, MLDD017 and MLDD018 for a drilled total of 4,236 meters, aimed at the deep extension of several gold targets (mineralized structures and quartz veins). Hole MLDD015 intercepted the ASPI zone at 370 metersfrom the surface, which returned 4.2 g/t Au over 6.8 metersincluding 12.7 g/t Au over 2 meters. Hole MLDD016 intercepted a 30 cm quartz vein with several visible gold specks at depth of 420 meters and returned 1.3 g/t Au over 15 meters including 27.9 g/t Au over 0.6 meters. This vein is transposed to a new shear zone that has never been identified before. Last year, hole MLDD007 located north of the holes MLDD015 and MLDD016, intersected a 10 meter thick gabbro with a stockwork of quartzcarbonate veins and disseminated pyrrhotite that returned 7.2 g/t Au over 3.3 meters including 1.9 meters at 11.6 g/t Au, 30 meters from the surface and another intersection of 2.3 g/t Au over 6 meters associated within a shear zone cut by numerous quartzcarbonate vein with pyrrhotite, pyrite and locally visible gold (Press release of April 24, 2018). | |
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