Amex Hits High-Grade Gold Zone At Perron
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Amex Hits High-Grade Gold Zone At Perron

byThe Assay
4 years ago
Reading Time: 2 mins read
Amex Hits High-Grade Gold Zone At Perron

Definition Drilling Results Of Up To 70.92 g/t Au Over 3.90m

Amex Exploration Inc. (TSXV:AMX, OTCQX: AMXEF) has obtained a number of positive drill results focused on definition drilling of the High Grade Zone (HGZ) of the Eastern Gold Zone (EGZ) on the Perron Gold Project, Quebec.

The results come from focused definition drilling of the High Grade Zone as the company works towards its maiden resource on the Perron Project.

Executive Chairman, Jacques Trottier, said Amex is currently awaiting results on over 21,000 samples at two labs from holes targeting the HGZ, Denise, and Grey Cat Zone, as well as regional exploration drilling.
Highlights to date include:
High Grade Zone – near surface
o 70.92 g/t Au over 3.90 metres, including 367.50 g/t Au over 0.60 metres, at a vertical depth of approximately 160 metres in hole PE-21-313.
o 24.71 g/t Au over 2.45 metres, including 100.26 g/t Au over 0.50 metres, at a vertical depth of approximately 190 metres in hole PE-21-306.
o 20.84 g/t Au over 3.40 metres, including 131.37 g/t Au over 0.50 metres, at a vertical depth of approximately 155 metres in hole PE-21-299.
o 4.77 g/t Au over 12.00 metres at a vertical depth of approximately 195 metres in hole PE-21-309.
o 3.80 g/t Au over 8.95 metres at a vertical depth of approximately 190 metres in hole PE-21-316.
High Grade Zone – at depth
o 25.12 g/t Au over 4.95 metres, including 104.49 g/t Au over 0.80 metres, at a vertical depth of approximately 1,055 metres in hole PE-21-287W1.
“Today’s results are largely focused on definition drilling of the upper portion of the High Grade Zone,” Mr Trottier said.

“We continue to intercept very high-grade gold mineralisation over favourable widths at shallow depths, which both confirm and exceed upon our internal geological and mineralisation model.

“We also continue to intercept high grade gold at depth as evidenced by hole PE-21-287W1 which intercepted 25.12 g/t Au over 4.95 m at a depth of over one kilometre vertically.”

Tags: ExplorationGoldPrecious MetalsQuebecTSXV:AMX
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