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Home > News > Amex Further Defines High...

Amex Further Defines High Grade Zone at Perron

Jan 3, 2024


Amex Exploration Inc. is pleased to announce a number of drill holes focused on definition drilling of the Eastern High Grade Zone ("Eastern HGZ"), of the Perron Project in the Abitibi region of Quebec. Today's drill results are focused on further definition of the Eastern HGZ at depth. See Figure 1 for a plan view of the geology of the Perron Project, Figure 2 for a plan view of the geology of the Eastern Gold Zone, Figure 3 for a longitudinal section of the High Grade Zone, Figure 4 for images of gold mineralization, Table 1 for assay results, and Table 2 for drillhole coordinates.

Highlights include:

  • PE-21-318W3 returned 4.30 m of 23.81 g/t Au including 2.00 m of 50.35 g/t Au at a vertical depth of ~1,100 m;
  • PE-21-318W4 returned 6.55 m of 9.57 g/t Au including 1.25 m of 45.34 g/t Au at a vertical depth of ~1,150 m; and
  • PE-21-347W3 returned 3.50 m of 5.10 g/t Au including 0.50 m of 24.19 g/t Au at a vertical depth of ~1,000 m. 

Jacques Trottier, PhD, Executive Chairman of Amex Exploration commented, "Today's results are focused on the definition drilling of the Eastern High Grade Zone at depth. As the Amex team continues to work towards releasing a resource estimate in 2024, tighter drill spacing is required to be able to properly classify both indicated and inferred resources. Even at a vertical depth of well over a kilometre now, the High Grade Zone continues to show remarkable continuity, which bodes well for the potential extraction of the orebody."

Image removed.

Figure 1. Geological map of the Perron Project, showing each of the significant mineralized zones identified to date.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2667/193046_1d031bf42484e9c7_002full.jpg

Image removed.

Figure 2. Plan view of the geology of the Eastern Gold Zone showing each of the significant gold mineralized zones, including the HGZ and Denise Zone.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2667/193046_1d031bf42484e9c7_003full.jpg

Image removed.

Figure 3: Longitudinal section of the High Grade Zone looking to the south, showing contoured metal factor (Au g/t * estimated true thickness) and the locations of today's released drill holes.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2667/193046_1d031bf42484e9c7_004full.jpg

Image removed.

Figure 4. Photos of visible gold from today's released drill holes, including PE-21-318W3 and PE-21-318W4. VG = Visible Gold.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2667/193046_1d031bf42484e9c7_005full.jpg



Tags: Quebec / Exploration / Gold / All Articles