Amex exploration hits copper, silver, zinc and gold in latest drilling at Perron QF Zone
"While we do not plan to include the QF Zone in our upcoming resource, the metallurgy is still very important to us as this zone represents additional upside to the project," said Jacques Trottier, Chairman of the Board of Amex Exploration. "We have only just begun to define this target which is looking very similar to the past-producing Normétal Mine. The main important difference between our deposit and the historical mine, is that our system is more copper-rich rather than more zinc-rich."
Amex Exploration Inc. has released assay results from a metallurgical hole drilled down dip in the QF Zone that reported 3.43% Copper, 34.00 g/t Silver, 1.80% Zinc and 0.30 g/t Gold over 20.80 m.
A secondary mineralized lens also returned 1.19% Copper, 7.44 g/t Silver, 0.15% Zinc and 0.11 g/t Gold over 15.70 m. The QF Zone sits approximately 200 m to the northeast of the Team Gold Zone and is a volcanic massive sulfide (VMS) body, which lies approximately 5 km from the past producing Normétal Mine that produced over 10.1 Mt of 2.24% Cu, 5.41% Zn, 0.53 g/t Au and 44.45 g/t Ag as shown in Figure 1. The QF Zone is one of Amex's most recent discoveries and was found within the same geological unit that hosted the Normétal Mine. The Perron project is situated approximately 120 km by paved highway from the Glencore Horne Smelter in Rouyn Noranda. See Figures 2 & 3 for a plan map and long section of the drill intercepts and Figure 4 for photos of the polymetallic sulphide mineralization. See Table 1 for a complete list of results and Table 2 for drill hole coordinates.
Assays results for this metallurgical hole were obtained from ALS Laboratories in Val d'Or. Metallurgical test work on these composites will now begin, with results expected in the coming months.
Figure 1: Geological map of the Normétal Volcanic Complex, with the location of the Perron Property and the QF Zone. Modified from Lafrance et al., 2000.
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Figure 2: Geological map displaying the location the QF Zone along the Normétal Mine Sequence at Perron with the collar location of today's drillhole.
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Figure 3: Long section of QF Zone with today's released hole labelled in green. A selection of previously announced results are labelled in black. Assay results are presented in core length (m).
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Figure 4: Highlight photos of the massive to disseminated sulphide Cu-rich lens intersected in drillhole PEX-23-189W1.
Abbreviations: Cp - Chalcopyrite, Sp - Sphalerite, Po - Pyrrhotite
About Amex
Amex Exploration Inc. has made significant gold discoveries on its 100% owned high-grade Perron Gold Project located ~110 kilometres north of Rouyn-Noranda, Quebec, consisting of 117 contiguous claims covering 4,518 hectares. The project is well-serviced by existing infrastructure, on a year-round road, 10 minutes from an airport and just outside the town of Normétal (~8 km). In addition, the project is in close proximity to a number of major gold producers' milling operations. The project host both bulk tonnage and a high-grade gold style mineralization. Since January 2019, Amex has intersected significant gold mineralization in multiple gold zones and discovered copper-rich VMS zones.
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