9.36 g/t Au over 39.55 including 16.55 g/t Au over 21.90m
Amex Exploration Inc. (TSXV:AMX) has reported substantial results from several holes targeting the Denise Zone, a broad gold bearing system approximately 50 m to 100 m to the south of the High Grade Zone (HGZ), of the Perron property in north-western Quebec, Canada.
Amex Executive Chairman, Jacques Trottier, said these results significantly increase the potential for higher grade mineralization within the broad Denise Zone.
- Hole PE-20-192 intersected 39.55m of 9.36 g/t Au including 21.90m of 16.55 g/t Au which includes 0.50m of 428.42 g/t Au, 0.50m of 135.87 g/t Au, and 0.50m of 131.85 g/t Au at a vertical depth of approximately 225m
- Hole PE-20-191 intersected 35.60m of 1.07 g/t Au including 0.50m of 47.94 g/t Au at a vertical depth of approximately 125m
“Our most recent press release on the Denise Zone focused on broad (~50-100 m) zones of lower-grade near-surface gold mineralization (1 to 2 g/t Au),” Mr Trottier said.
“The results of holes PE-20-191 continue to support the growing large-volume system, as does our ongoing re-sampling program of previously drilled holes. The very high grade gold found in PE-20-192 is similar to the grade that we typically see in the HGZ next door.
“We have previously reported high grade intersections within the Denise zone which help to increase the overall grade of the system, an important consideration for evaluation of this ore body.”
At the Eastern Gold Zone, Amex has two different orogenic Archean gold mineralization types adjacent to each other – the High Grade Zone (HGZ) and the Denise Zone.
The Denise Zone is located roughly 50 m to a 100 m to the South of the HGZ and is a shear zone type gold mineralization which consists mainly of a wide (from 5 m to more than 100 m of width) sub vertical deformation zone of highly sheared and highly silicified, sericitised and pyritized altered rhyolite. The Denise zone also has a distinctive feature consisting of heavily deformed, pinched and swells transposed quartz veins and veinlets containing various sulfide minerals, such as pyrite, pyrrhotite, sphalerite and galena, and also frequently fine grain of native free gold.