For thousands of other reports visit RSC's Mineral Intellingence Map
QMX Gold Corp.
Summary
| Project: | Val d'Or | |
|---|---|---|
| Deposit: | Bonnefond South | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/30/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-7-2019: QMX Gold Corp. announces a Resource Estimation report for its Bonnefond South deposit at the Val d'Or project. Initial mineral resource estimate for Bonnefond South. TORONTO, July 30, 2019 -- QMX Gold Corporation (“QMX” or the “Company”) (TSX:V | |
| Resources: | (Resource): 258,700oz Au (Ind.) and 145,100oz Au (Inf.) | |
| CP/QP: | [Resources]: Pierre-Luc Richard (BBA Inc.) | |
| ABSTRACT: | TORONTO, July 30, 2019 -- QMX Gold Corporation (“QMX” or the “Company”) (TSX:V:QMX) is pleased to announce the release of a National Instrument 43-101: Standards of Disclosure for Mineral Projects (“NI 43-101”) resource estimate (the “2019 MRE”) on its Bonnefond South property, located approximately 25 km to the east of Val d'Or, Quebec. The 2019 MRE was completed independently by BBA Inc. in accordance with the NI 43-101 guidelines. A summary of the resource by zone is presented in Table 1. “We are very excited to report a resource with its largest part already being in the Indicated category”, says Dr. Andreas Rompel, VP Exploration. “The total ounces were inline with our expectations, however, we are thrilled that the grades were between 1.69 and 1.87 g/t, which compares favourably to our expectations and with other open pit operations in the Abitibi.” “The QMX team is pleased to release our maiden resource for Bonnefond, which we just started drilling in early 2017”, stated Brad Humphrey, President and CEO. “I am proud of our exploration team and the fact that the majority of this initial resource already falls into the Indicated confidence category, a strong testament to the quality of their work. It is also important to note that this is just one of our many targets across our extensive land package in the Val d’Or East mining camp and that the Bonnefond deposit is located less than 25 km from our Aurbel mill, which we anticipate to commence custom milling in the coming months.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report