Amex Exploration Inc. (TSXV: AMX) (OTCQX: AMXEF) has returned high-grade gold assays amongst 34 drill holes focused on the expansion and definition of gold mineralisation on High Grade Zone (HGZ) of the Perron project in Quebec, Canada.
The latest results consist of drill holes focused largely on expansion and definition of both the Eastern (deeper) and Western (shallower) portions of the HGZ. The HGZ now stands at more than 300 m along strike to a depth of 1,200 m.
On the Western portion Amex targeted on-strike expansion as well as infilling the lower portions of the zone, which resulted in a significantly increased strike length as indicated by holes PE-21-439 and PE-21-441 as well as an increase of grade as indicated by holes PE-21-405, PE-21-444, PE-21-438, PE-21-366W1, and PE-21-410W1.
On the Eastern portion Amex completed definition drilling within the core of the zone as well as on-strike expansion towards the late-stage diabase dike as indicated by holes PE-21-412, PE-21-419, PE-21-426, PE-21-380, PE-21-380W1, PE-21-442, and PE-21-417W2.
“As one can clearly see from the new longitudinal section, this batch of drill holes significantly expands the strike and the high grade core of the HGZ with a metal factor of more than 50 (g/t Au x core length in metres),” Executive Chairman, Jacques Trottier, said.
“As we tighten the drill spacing, we see the Western (shallower) zone developing a much higher-grade profile than previously thought. We are also seeing a much larger envelope of gold mineralisation surrounding the high-grade central core of the zone than previously thought.
“On the Eastern (deeper) portion of the zone, we are seeing consistent high-grade mineralisation essentially from the top of the Eastern portion (~325 vertical metres) to the bottom of the defined area (~1,200 vertical metres) and are also expanding the horizontal footprint of the zone.”
Highlights include:
- Western (shallow) High Grade Zone
- PE-21-366W1 returned 78.62 g/t Au over 5.90 m including 908.50 g/t Au over 0.50 m at a vertical depth of 630 m
- PE-21-405 returned 43.74 g/t Au over 6.80 m including 583.34 g/t Au over 0.50 m at a vertical depth of 300 m
- PE-21-410W1 returned 21.86 g/t Au over 5.56 m including 107.94 g/t Au over 1.05 m at a vertical depth of 630 m
- PE-21-438 returned 123.53 g/t Au over 0.50 m at a vertical depth of 500 m
- PE-21-452 returned 5.65 g/t Au over 9.95 m at a vertical depth of 360 m
- Eastern (deeper) High Grade Zone
- PE-21-404W2 returned 35.89 g/t Au over 6.75 m at a vertical depth of 940 m
- PE-21-440W1 returned 16.66 g/t Au over 9.10 m including 160.04 g/t Au over 0.50 m and 96.79 g/t Au over 0.70 m at a vertical depth of 510 m
- PE-21-404W1 returned 13.54 g/t Au over 10.50 m at a vertical depth of 980 m
- PE-21-380 returned 16.18 g/t Au over 6.80 m including 134.92 g/t Au over 0.70 m at a vertical depth of 460 m
- PE-21-412 returned 14.85 g/t Au over 5.00 m at a vertical depth of 330 m
- PE-21-436 returned 29.80 g/t Au over 2.05 m at a vertical depth of 600 m
For further information please visit: https://www.amexexploration.com/
