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Amex Exploration Drill Results for Upper Gratien Zone in Perron Project in Quebc

Mining News - Published on Thu, 12 Dec 2019

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Amex Exploration Inc has reported the results of several drill holes on its Perron property in northwestern Quebec in Canada. Amex Exploration VP Kelly Malcolm said “I am very pleased with the high-grade intercept in the Upper Gratien Zone, which is the strongest mineralization, on a metal factor basis, that has been identified in that zone to date. The possibility of a multitude of high grade lenses within the broader kilometre-long Gratien system is encouraging when contemplating either open pit or underground mining scenarios. The Eastern Gold Zone also continues to intersect meaningful intervals in both the HGZ and Denise zone which continue to define and expand the system. We are awaiting assays on a number of additional drillholes, many of which encountered visible gold."

At Gratien, the Upper Gratien is an emerging new zone which returned higher grade intercepts than previously identified, indicating the potential of multiple high-grade lenses within the overall large (1+ km) Gratien gold system.
Hole PEG-19-104 intersected 41.30 g/t Au over 4.10 m in the Upper Gratien Zone of the GGZ, including 202.81 g/t Au over 0.80 m. This intercept occurs at a shallow depth of ~65 vertical metres.

At EGZ, drilling continues to define and expand the HGZ and Denise zones
Hole PE-19-105 intersected the HGZ with an interval grading 2.81 g/t Au over 12.30 m including 23.06 g/t Au over 0.70 m at a vertical depth of ~330 m. Additionally, the Denise zone returned several intersections including 1.02 g/t Au over 4.30 m and 3.21 g/t Au over 6.20 m
Hole PE-19-109 returned 4.80 g/t Au over 4.20 m including 26.16 g/t Au over 0.70 m in the HGZ at 25 m from PE-19-105 and at a vertical depth of ~325 m.

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Posted By : Rabi Wangkhem on Thu, 12 Dec 2019
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