Amex Exploration Inc. (TSXV: AMX) has received positive assay results from new follow-up drillholes on the copper rich volcanogenic massive sulphide ‘VMS) QF Zone at the Perron Property in Quebec Canada.
The QF Zone occurs along the Normétal Mine Horizon which is a kilometric tuffaceous unit that hosts the nearby past-producing Normétal Mine.
Highlights include:
- PEX-21-083W1 intersected 2.86% CuEq comprising 2.17% Cu, 0.90% Zn, 0.28 g/t Au and 18.84 g/t Ag over 6.40 m including 4.81% CuEq comprising 4.25% Cu, 0.18% Zn, 0.36 g/t Au and 32.44 g/t over 1.60 m at a vertical depth of approximately 570 m;
- PEX-22-108 intersected 2.08% CuEq comprising 1.84% Cu, 0.17% Zn, 0.13 g/t Au and 11.77 g/t Ag over 7.10 m, including 6.08% CuEq comprising 5.43% Cu, 0.27% Zn, 0.40g/t Au and 35.39g/t Ag over 1.90 m at a vertical depth of approximately 560 m; and
- PEX-21-098W2 intersected 6.03% CuEq comprising 5.37% Cu, 0.39% Zn, 0.36 g/t Au and 33.58 g/t Ag over 2.20 m at a vertical depth of approximately 610 m.
The QF Zone grades and widths compares favourably to the neighbouring Normetal Mine which produced approximately 10.1 million tonnes grading 2.24% Cu, 5.41% Zn, 0.53 g/t Au, and 44.45 g/t Ag 1937 to 1975, with development down to a depth of approximately 2.40 km.
“Today’s results illustrate that the copper rich core of QF zone is becoming more robust at the 600 m level and shows a very good eastern lateral extension with copper values of about 2% over a thickness of approximately four to five metres,” Executive Chairman, Jacques Trottier, said.
“The apparent gap of intercepts and borehole geophysical anomalies between the surface and the 600 m level may simply be due to the absence of drilling in this area.
“Additionally, the QF VMS discovery is still open in all directions and additional work including more borehole geophysics and drilling will be needed to fully evaluate the real potential of this VMS discovery at Normétal.”
For further information please visit: https://www.amexexploration.com/
