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Home > News > Amex reports up to 10.63...

Amex reports up to 10.63 g/t Au over 9.65 m and 1.44 g/t Au over 88m at Denise and High Grade Zones

Apr 26, 2021


Today's results significantly expand upon and confirm expectations of the large zones of broad near-surface gold mineralization and continuity of Denise as Amex works to drill off its maiden resource on the Perron Project.

Amex Exploration Inc.  is reporting a number of drill results focused on definition of the High Grade Zone and the Denise Zone of the Eastern Gold Zone of the Perron Gold Project, Quebec.

Highlights are detailed below, and a complete list of results is available in Table 1 and presented in Figures 2 and 3. In addition to the results detailed below, Amex is awaiting results on over 22,800 samples at two labs from holes targeting the HGZ, Denise, and Grey Cat Zone, as well as regional exploration drilling.

Highlights:

  • High Grade Zone
    • 7.10 g/t Au over 8.25 metres at a vertical depth of approximately 1,180 metres in hole PE-20-210W3.
    • 10.63 g/t Au over 9.65 metres at a vertical depth of approximately 560 metres in hole PE-21-245.
  • Denise Zone
    • 1.44 g/t Au over 88.00 metres at a vertical depth between approximately 150 and 210 metres in hole PE-21-237.
    • 1.57 g/t Au over 23.75 metres at a vertical depth between approximately 30 and 45 metres in hole PE-21-244.

Jacques Trottier, PhD Executive Chairman of Amex said, "As we continue to advance towards our property-wide maiden resource, definition and confirmation drilling continues to meet and exceed our expectation of a highly predictable and continuous gold system. At the High Grade Zone, we have defined gold mineralization from near surface to greater than 1,250 m depth and are seeing remarkable continuity of the high grade mineralization. At Denise, we continue to expand upon a broad zone of gold mineralization that is indicating open pit potential. Drilling on the project is going very well, with a number of drill rigs dedicated to expansion and definition drilling and also a very significant regional exploration program underway. Due to Covid-19 related delays, we are waiting on a large volume of assay samples but I am very excited to receive a number of these results owing to visual observations made in drill core."

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Figure 1: Plan Map of the Eastern Gold Zone that encompasses Denise and HGZ 

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Figure 2: Longitudinal section of the High Grade Zone looking South, with today's results labelled in green

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Figure 3: Longitudinal section of the Denise Zone looking South, with today's results labelled in green



Tags: Quebec / Exploration / Gold / All Articles