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QMX Gold Corp.
Summary
| Project: | Val d'Or | |
|---|---|---|
| Deposit: | North Shear | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/10/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-5-2018: QMX Gold Corp. announces an Exploration/Drilling Update report for its North Shear deposit at the Val d'Or project. Drilling results incl. 0.7m @ 305.5g/t Au from 717.3m. TORONTO, May 10, 2018 -- QMX Gold Corporation (“QMX” or the “Company”) (T | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Rigg (Internal) | |
| ABSTRACT: | TORONTO, May 10, 2018 -- QMX Gold Corporation (“QMX” or the “Company”) (TSX:V:QMX) has intersected strong mineralization north of the past producing Bevcon Gold mine, referred to as the North Shear target. As part of QMX’s 23,400 metres (m) winter drilling program, drill hole 17311-17-008 (852m) was completed on the North Shear target, an area to the north of the Bevcon Intrusion and in the hanging wall of the Bevcon Gold mine. Multiple gold bearing shear zones have been intersected with highlights presented in Table 1 and Figure 1. QMX believes these results demand additional drilling, which is expected to begin before the end of May 2018. Brad Humphrey, President and CEO, commented: “We are very encouraged by the results from the North Shear, a new target north of the Bevcon Gold mine. This hole confirms the presence of numerous gold bearing shear zones to the north of the Bevcon Intrusion and opens up a large prospective and underexplored area for future exploration. QMX’s exploration team is developing a follow-up program to test the shear zones in the Volcanics and the contact with the Bevcon Intrusion”. “This hole exceeded our expectations and the exploration team is eager to continue surface drilling to test for mineralization in shear zones in the volcanic terrain to the North of the Bevcon Intrusion. Intrusive sills and plugs in this area interpreted from the recent detailed magnetic survey are to be tested,” stated David Rigg, Senior Vice-President of Exploration. | |
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