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Pershimex Resources Corp.
Summary
| Project: | Malartic | |
|---|---|---|
| Deposit: | Revillard | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/23/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-7-2019: Pershimex Resources Corp. announces an Exploration/Drilling Update report for its Revillard deposit at the Malartic project. Drilling results incl. 12.4m @ 1.7g/t Au from 459.7m. Rouyn-Noranda, Quebec, July 23, 2019: Pershimex Resources ("Persh | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Robert Gagnon (Internal) | |
| ABSTRACT: | Rouyn-Noranda, Quebec, July 23, 2019: Pershimex Resources ("Pershimex" or "Company") (TSX CROISSANCE: PRO) is pleased to announce the results of the three diamond drill hole carried out in the Parfouru gold shear zone, in the Revillard showing sector, on the Malartic property. The Malartic property is under option with Dundee Precious Metals Inc. (DPM). The three holes (MLDD010, MLDD012 and MLDD014 for a drilled total of 1,596 meters) were aimed at the deep extension of this important gold structure at a depth of 400 meters. The MLDD010 drill hole intercepted the mineralized shear 360 meters from the surface, which returned 1.1 g/t Au over 16.5 meters including 2.9 g/t Au over 5.4 meters. The MLDD014 drill hole intercepted the mineralized shear at a depth of 420 meters at 550 meters further west and returned 1.7 g/t Au over 12.4 meters including 1.2 meters at 3.7 g/t Au and 3.9 g/t Au over 3.7 meters. It should be noted that millimeter gold grains were observed in a centimeter vein that crossed the shear that, according to the sampling protocol, was not sent for analysis. In addition, the drill hole MLDD003 in 2018, located 320 meters above the MLDD014 drilling, had intercepted a shear more than 10 meters thick containing quartz veins and veins with pyrite-pyrrhotite-carbonate that returned 1.4 g/t Au over 10 meters including 2 meters at 5.5 g/t Au at 100 meters deep (Press release of April 24, 2018). | |
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