Visible Gold Sighted In All Holes
Amex Exploration Inc.(TSXV:AMX) has hit further high grade gold during its six-drill rig, 200,000m drill programme on its 100% owned Perron property in north-western Quebec, Canada.
Executive Chairman, Jacques Trottier, said the latest success has come from the Eastern Gold Zone, which is one of four known zones on the Perron Property.
He said the most recent two drill holes In the Eastern Gold Zone (EGZ) successfully demonstrated the depth and eastern extension as well as continuity of the High Grade Zone (HGZ).
Hole PE-20-171 is one of the highest-grade holes drilled to date at Perron, returning 44.22 g/t Au over 9.10 m. This represents a metal factor of 402.41 g/t Au x m.
This intercept is located approximately 600m vertically below the highest-grade interval reported to date of 393.33 g/t Au over 1.70 m in hole PE-19-22. In addition, hole PE-20-173 returned a value of 9.75 g/t Au over 10.45 m. These holes have expanded the known high-grade body of the HGZ.
“Both holes clearly demonstrate the high grade vertical continuity of the HGZ at the Eastern Gold Zone that spans over more than 800 metres of vertical depth,” Mr Trottier said.
“Our goal is to replicate this high-grade zone elsewhere on the property and there are other zones which are showing excellent potential to host high grade gold at depth such as the Grey Cat Zone.” Mr Trottier said the company continues to intercept visible gold mineralisation in all pending drill holes, which have targeted the HGZ, Denise Zone, the westward extension of the Denise Zone and the Grey Cat Zone. Assays will be published as they are received.