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QMX Gold Corp.
Summary
| Project: | Val d'Or | |
|---|---|---|
| Deposit: | River Target | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/24/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 24-2-2020: QMX Gold Corp. announces an Exploration/Drilling Update report for its River Target deposit at the Val d'Or project. Drilling results incl. 3.5m @ 38.69g/t Au from 40.3m. TORONTO, Feb. 24, 2020 -- QMX Gold Corporation (“QMX” or the “Company”) ( | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Melanie Pichon (Internal) | |
| ABSTRACT: | TORONTO, Feb. 24, 2020 -- QMX Gold Corporation (“QMX” or the “Company”) (TSX:V:QMX) is pleased to release assay results from four diamond drill holes from the second half of a reconnaissance drilling program on the River Target (Table 1). The River Target is located west of the Lac Herbin mine in the Bourlamaque batholith in QMX’s extensive land package in Val d’Or, Quebec (Figure 1). These holes complement results from the first three holes of the seven-hole, 1,130m program which returned 7.76 g/t Au over 2.9m, 39.83 g/t Au over 2.0m and 17.71 g/t Au over 4.0m. (See Press Release January 29, 2020) (Figure 2) “We are thrilled with the results from the Fall 2019 drilling program on the River Target, which exceeded our expectations this early in the program. We are particularly encouraged by the grades relatively close to surface,” stated Brad Humphrey, President and Chief Executive Officer. “We continue to be impressed with the drilling to date across our entire land package in the Val d’Or East area. The success of our drilling campaigns since restarting our exploration work is a testament to our strong exploration team and our highly prospective land package.” | |
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