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QMX Gold Corp.
Summary
| Project: | Val d'Or | |
|---|---|---|
| Deposit: | Beacon Zone, Southwestern Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/23/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-5-2017: QMX Gold Corp. announces an Exploration/Drilling Update report for its Beacon Zone, Southwestern Zone deposit at the Val d'Or project. Drilling results incl. 5.4m @ 6.1g/t Au from 36.4m. May 23, 2017 – QMX Gold Corporation (“QMX” or the “Compan | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Melanie Pichon, Benjamin Gagnon, David Rigg (Not stated;Not stated;Internal) | |
| ABSTRACT: | May 23, 2017 – QMX Gold Corporation (“QMX” or the “Company”) (TSX.V:QMX) has made two new gold discoveries on its Val d’Or Mining Camp property in Val d’Or, Quebec (Figure 1). “Our primary focus for these drill programs was to identify favourable structures and trends, and to expand the limited geological information, however the gold intersections confirm our view on our highly prospective and extensive land package,” commented Brad Humphrey, President and CEO. “Our team is excited about the results, and is keen to build on this success as we move to additional phases of drilling.” “Diamond drilling again shows the potential for the discovery of new gold deposits. QMX’s extensive land package provides almost blanket coverage of the central part of the Val d’Or Camp where both a gold district and base metal district overlap. A strong commitment to exploration in such a target-rich environment, with the application of new ideas, models and interpretation, should lead QMX to great success,” commented David Rigg, Senior Vice President, Exploration. QMX is taking a methodical and systematic approach towards exploration on its extensive 200km2 property in the heart of the Val d’Or mining camp. The structural model developed in the initial drilling on the Southwestern and Beacon Zones provides new insight into potential controls on gold mineralization throughout the camp. | |
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