Results Confirm Increasing High Metal Factor At Perron
Amex Exploration Inc. (TSXV:AMX) has received positive results from several holes targeting the near surface portion of the Denise Zone of the Eastern Gold Zone (EGZ) at the Perron Project in Canada.
The EGZ is comprised of two gold zones, High Grade Zone (HGZ) – a continuous high grade gold system – which is immediately north of the Denise Zone.
Executive Chairman, Jacques Trottier, said the results significantly confirm and increase the high metal factor core of the Denise Zone with large intervals of gold mineralisation.
Of note the large mafic intrusive body to the west of the Denise Zone appears to have a significant control on the size and grade of the intervals identified to date.
Gold mineralisation at Denise, hosted by brecciated rhyolite of the Beaupre Block, consists of disseminated anomalous to low grade gold mineralisation associated with intense sericite and silica alteration, as well as high grade gold mineralization associated with narrow quartz veins and veinlets.
Highlighted results from the Denise Zone include:
- Hole PE-20-199 intersected 81.50m of 1.51 g/t Au at a vertical depth of approximately 190m.
- Hole PE-20-204 intersected 187m of 0.66 g/t Au at vertical depth of approximately 180m and within this large interval, 35.50m of 1.54 g/t Au as well as 3.50m of 9.07 g/t Au was intersected.
- Hole PE-20-201 intersected 22m of 0.82 g/t Au at a vertical depth of approximately 180m.
- Hole PE-20-193 intersected 39m of 0.84 g/t Au at a vertical depth of approximately 650j.
“We continue to encounter wide near surface gold mineralization at Denise which improves the open pit potential of the entire Eastern Gold Zone,” Mr Trottier said.
“As we advance the definition drilling of the Denise Zone we note that the continuity and consistency of the mineralisation is improving. A high metal factor core can clearly be seen at the margins of the gabbro.
“This has significant implications for gold mineralisation in this area as well as elsewhere on the property as our understanding of the controls on the gold mineralisation at Perron continues to improve.”
