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QMX Gold Corp.

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Summary

Project:

Val d'Or

Deposit:Bonnefond
Location:Canada
Commodities:Gold
Date:7/9/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:9-7-2020: QMX Gold Corp. announces an Exploration/Drilling Update report for its Bonnefond deposit at the Val d'Or project. Drilling results incl. 4.5m @ 21.29g/t Au from 97.5m. The six drill holes included in this batch of assays are located in the easte
Resources:(not mentioned in this report)
CP/QP:[Overall Report] Melanie Pichon (Internal)
ABSTRACT:The six drill holes included in this batch of assays are located in the eastern half of the Bonnefond deposit and targeted the series of shear zones located to the south and north of the tonalite. The drilling campaign successfully achieved its objective to test the extension and grade continuity of the mineralized shears east of the intrusive. All of the drill holes intersected mineralization close to surface. Drill holes 109, 110 and 112 tested only shear zones located south of the intrusive and returned grades of 6.02g/t Au over 4.0m, 3.54g/t Au over 6.0m and 21.29g/t Au over 4.5m. Drill holes 113, 115 and 118 intersected shear zones located to the north of the intrusive and within the current pit-shell, returning 4.75g/t Au over 7.0m, 3.73g/t Au over 4.5m and 3.48g/t Au over 2.6m. In all shears, gold grades are associated with quartz veins and sericite–albite–fuschite alteration. These new results support the grade continuity and the prospectively of the Bonnefond shear system, which remains open to the east and west.

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