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QMX Gold Corp.
Summary
| Project: | Val d'Or | |
|---|---|---|
| Deposit: | New Louvre | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 8/22/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-8-2019: QMX Gold Corp. announces an Exploration/Drilling Update report for its New Louvre deposit at the Val d'Or project. Drilling results incl. 2.5m @ 10.9g/t Au from 66.9m. Toronto, Ontario –August 22, 2019 - QMX Gold Corporation (“QMX” or the “Comp | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Melanie Pichon (Internal) | |
| ABSTRACT: | Toronto, Ontario –August 22, 2019 - QMX Gold Corporation (“QMX” or the “Company”) (TSX:V:QMX) is pleased to report assay results from the reconnaissance drilling program on the New Louvre target. The drill holes are located north of the Bevcon Intrusion and south east of the Bonnefond South Intrusive in the eastern portion of QMX’s extensive land package in Val d’Or, Quebec (Figure 1). Given these positive results and its close proximity to the Bonnefond deposit, QMX is planning to do more exploration on the New Louvre target as part of a larger exploration program in the general Bonnefond area. “We are excited that we continue drilling high grade intersections in additional targets to our already tested Bonnefond deposit with its recent resource statement,” says Dr. Andreas Rompel, Vice President exploration, “and it confirms our exploration strategy and target selection well.” “We continue to be very encouraged by the results out of the East Zone, particularly following our recently announced maiden resource at Bonnefond, just 1.3km to the North West of New Louvre. Our exploration team continues to systematically explore our numerous targets across the East and Bourlamaque Zones and are actively working to upgrade and expand the Bonnefond resource.” Brad Humphrey, President and CEO, commented “We also continue to focus on the restart at our Aubel Mill with the permit amendment required to commence the processing of Gowest’s Bradshaw ore progressing well and, discussions with other potential custom milling contracts continue to advance.” | |
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