Good Intersections At Depth As Well At HGZ
Amex Exploration Inc. (TSXV:AMX/OTCQX:AMXEF) has continued to obtain strong drill results from its definition drilling of the High Grade Zone (HGZ) of the Eastern Gold Zone (EGZ) at the Perron Gold Project, Quebec.
The results come as the company works towards its maiden resource on the Perron Project.
Highlights include:
- 32.91 g/t Au over 6.40m, including 148.82 g/t Au over 1.40m, for a metal factor of 210 at a vertical depth of approximately 130m in hole PE-21-321; and
- 27.06 g/t Au over 8.85m including 317.18 g/t Au over 0.70m, for a metal factor of 239 at a vertical depth of approximately 930m in hole PE-21-301
Executive Chairman Jacques Trottier, said Amex is also awaiting results on over 22,000 samples at two labs from holes targeting the HGZ, Denise, and Grey Cat Zone, as well as regional exploration drilling.
“As we work towards a maiden resource it is important to demonstrate the exceptional high-grade nature and consistency of this High Grade Zone,” Mr Trottier said.
“Today we announced two additional holes with a metal factor of more than 200. Our goal is to demonstrate the continuity and predictability of this exceptional system.
“All the definition drilling holes that have been drilled inside the projected mineralized envelope to date have displayed a significant amount of visible gold and more important results are still to come.
“I am especially excited to see results from holes PE-21-338, PE-21-329, PE-21-307W1, PE-20-165W2 and PE-21-301W1.
“We have worked with our labs to shorten the assay turn around time for results and I am seeing a marked improvement. I look forward to reporting results on a more regular basis.”
