Drills 35.13 g/t Au Over 3.30m In Eastern Gold Zone
Amex Exploration Inc.(TSXV:AMX) has reported additional high grade gold drill results from its 200,000 m drill program on its 100% owned Perron property in northwestern Quebec, Canada.
Executive Chairman, Jacques Trottier, said these results are from the Eastern Gold Zone, which is one of four known zones on the Perron Property.
At the Eastern Gold Zone (EGZ), the three latest drill holes successfully demonstrated the depth and eastern extension as well as continuity of the High Grade Zone (HGZ).
The deepest hole drilled to date on the HGZ, drill hole PE-20-167, intersected 35.13 g/t Au over 3.30 m including 220.74 g/t Au over 0.50 m at a vertical depth of approximately 828 m.
This intercept increases the depth of the HGZ by approximately 30 m and increases the strike of mineralisation by approximately 20 m to the east.
Drill hole PE-20-168 intersected 15.61 g/t Au over 11.35 m, including 260.52 g/t Au over 0.60 m at a vertical depth of approximately 504 m which represents one of the widest intervals intersected to date on the HGZ.
Mr Trottier also reported that last week four of the five drills turning at Perron intersected visible gold mineralization, targets included the HGZ, Denise Zone, and the Grey Cat Zone.
“We are hitting on all fronts at Perron. This has been one of the most successful drill programs of my career,” Mr Trottier said.
“So far, our expectations are continually exceeded on the HGZ, where we have intercepted more than an ounce per tonne per metre at depth over widths that are very suited to conventional underground mining.
“We are also making significant progress elsewhere across the property, where we have started testing the near-surface portion of the Denise area, which runs parallel to the HGZ, as well as resumed exploration on the Grey Cat Zone. We look forward to receipt of those results plus the results from our metallurgical testwork on the HGZ.”
