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QMX Gold Corp.

opaxe

Summary

Project:

Val d'Or

Deposit:Shear Zone, Tonalitic Plug
Location:Canada
Commodities:Gold
Date:1/29/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:29-1-2019: QMX Gold Corp. announces an Exploration/Drilling Update report for its Shear Zone, Tonalitic Plug deposit at the Val d'Or project. Drilling results incl. 147.6m @ 1.92g/t Au from 231.9m. TORONTO, Jan. 29, 2019 -- QMX Gold Corporation (“QMX” or
Resources:x
CP/QP:[Overall Report]: Melanie Pichon (Internal)
ABSTRACT:TORONTO, Jan. 29, 2019 -- QMX Gold Corporation (“QMX” or the “Company”) (TSX:V:QMX) is pleased to report the results from its on-going Bonnefond drilling program (Figure 1), on the Val d’Or East Zone of QMX’s extensive land package in Val d’Or, Quebec (Figure 2). These thirteen (13) holes cover results from the first half of the on-going definition drilling program on the Bonnefond project. This program's goal is to support an initial resource estimate schedule for late Spring 2019. These results are part of a 50m x 50m infill drilling program on the western side of the Tonalite intrusion between the surface and 400m depth. This program successfully confirm and support the grades and the continuity of the mineralisation in the Bonnefond intrusive with intercepts returning 1.97 g/t Au over 87.5m, including 3.31 g/t Au over 26.8m and 31.55 g/t Au over 1.6m in drill hole 17315-18-063; 1.94 g/t Au over 143.7m, including 12.34 g/t Au over 8.1m in drill hole 17315-18-067 and 1.92 g/t Au over 147.6m in drill hole 17315-18-072. The average true width of the mineralized envelope is 60m and extends 300m east-west. This program also confirmed the continuity and grade in the shear zones south of the Bonnefond intrusive close to surface. Results from this environment include 9.01 g/t Au over 3.4m in drill hole 17315-18-063 and 11.95 g/t Au over 8.0m including 39.49 g/t over 2.4m and 5.54 g/t Au over 1.4m in drill hole 17315-18-065.

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