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QMX Gold Corp.
Summary
| Project: | Val d'Or | |
|---|---|---|
| Deposit: | Bonnefond | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/20/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-1-2020: QMX Gold Corp. announces an Exploration/Drilling Update report for its Bonnefond deposit at the Val d'Or project. Drilling results incl. 5.0m @ 35.66g/t Au from 482.2m. TORONTO, Jan. 20, 2020 -- QMX Gold Corporation (“QMX” or the “Company”) (TS | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Melanie Pichon (Internal) | |
| ABSTRACT: | TORONTO, Jan. 20, 2020 -- QMX Gold Corporation (“QMX” or the “Company”) (TSX:V:QMX) is pleased to release its latest results on its Bonnefond deposit (Table 1). The Bonnefond deposit is located on the Val d’Or East Zone of QMX’s extensive land package in Val d’Or, Quebec (Figure 3). The following results are part of the fall 2019 infill drilling program on the Bonnefond tonalitic intrusive and exploration program in the shear zones located to the south of the tonalite. This batch contains the results of seven (7) drill holes and one (1) drill hole extension for a total of 3,306m. “We continue to be extremely impressed with the results both within the Bonnefond tonalite and in the shear zones to the south. The results to date bode well for our updated resource estimate, where we expect to upgrade the tonalite material from inferred to indicated, as well as a significant increase in the shear material. We anticipate completing the Bonnefond resource update in the coming months.” Stated Brad Humphrey, President and CEO “We are also eagerly awaiting results from our reconnaissance drill program at the River Target, which are expected in the next week or so.” | |
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