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QMX Gold Releases Results from Bonnefond Fall Drilling Campaign

Mining News - Published on Tue, 10 Dec 2019

Image Source: QMX Gold
QMX Gold Corporation has reported the first results from its fall drilling campaign on the Bonnefond deposit. Bonnefond is located on the Val d'Or East Zone of QMX's extensive land package in Val d’Or, Quebec. The fall Bonnefond drilling program is focused on both upgrading the intrusive inferred resource to the indicated resource category and drilling outside the intrusive in the higher-grade shear zones which is expected to improve definition and increase the grade and tonnage. Results to date have returned better than expected grades within the Bonnefond intrusive and support the predictiveness of our geological model in the shear zones to the north and south of the intrusive.

Highlights

DDH 17315-19-087 returned 10.66 g/t Au over 11.2m and 44.95 g/t Au over 5.6m in the Bonnefond intrusive and 4.17 g/t Au over 2.9m in a shear zone south of the intrusive

DDH 17315-19-085 returned 1.07 g/t Au over 29.4m in the Bonnefond intrusive and 90.59 g/t Au over 1 .Om in an isolated vein

DDH 17315-19-088 returned 3.79 g/t Au over 10.4m including 20.85 g/t Au over 1.5m in the Bonnefond intrusive

DDH 17315-19-089 returned 4.28 g/t Au over 9.0m and 5.11 g/t over 2.9m in shear zones south of the intrusive

The first four holes, covering 1,300m of the planned 6,000m fall program, focused on areas in the intrusive where the drilling pattern did not allow for the ounces to be classified as "indicated" and to test the predictability of our geological model in the shear zones. Drill holes 17315-19-085; 87 and 88 intersected the tonalitic intrusion and several shear zones, while drill hole 17315-19-089 was drilled to test only the shear zones close to the surface and within the conceptual pit-shell. Drill hole 17315-19-086 is currently being extended and will be reported once the extension is completed and assays returned.

Source :

Posted By : Yogender Pancholi on Tue, 10 Dec 2019
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