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Amex Discovers Additional High Grade Gold Structure Grading 58.25 g/t Au over 3.90 m on the Northern Normetal Fault and Reports 32.99 g/t Au over 4.50 m at High Grade Zone at Perron
MONTREAL, QC / ACCESSWIRE / February 17, 2021 / Amex Exploration Inc. ("Amex or the Company")...
About this update from Amex Exploration Inc.
[{"type":"text","content":"Amex Discovers Additional High Grade Gold Structure Grading 58.25 g/t Au over 3.90 m on the Northern Normetal Fault and Reports 32.99 g/t Au over 4.50 m at High Grade Zone at PerronMONTREAL, QC / ACCESSWIRE / February 17, 2021 / Amex Exploration Inc. (\"Amex or the Company\") (TSXV:AMX)(FRA:MX0)(OTCQX:AMXEF) is pleased to report the discovery of an additional high grade gold structure and results from several holes targeting the depth extension of the High Grade Zone (HGZ) of the Eastern Gold Zone (EGZ). Watch this video clip to hear a brief explanation of today's results from Kelly Malcom, VP Exploration. https://youtu.be/HesYvCSAcA4As a reminder, the EGZ is comprised of two gold zones, High Grade Zone, a continuous high grade gold system which is immediately north of the Denise Zone (Denise), as shown in Figure 1. In addition, while targeting the depth extension of the HGZ, Amex intersected near-surface high grade gold mineralization in a new gold structure proximal to the Normetal fault zone. This interval, which returned 58.25 g/t over 3.90 m, is spatially and likely structurally related to an intersection of 2.75 g/t Au over 2.80 m drilled by former optionee in 2016, as well as visible gold mineralization in nearby recently drilled hole PE-20-229 for which assays are still pending.The newly named 210 Gold Zone is located proximal to the northern Normetal fault zone, which is one of two kilometric thrust faults located on the Perron project. The intersection of 58.25 g/t Au over 3.90 metres in hole PE-20-210 is located approximately 680 m north-east of the HGZ in an area that has seen limited exploration. Of note, drillhole 163-16-033 completed by former optionee intersected 2.75 g/t Au over 2.80 metres which is located 200 metres to the East, and a follow-up hole to PE-20-210, PE-20-229 has intersected visible gold along the same plane, as shown in Figure 2. Amex has recently received permits to conduct a follow up drilling program and is currently drilling along strike of this newly discovered high grade gold mineralization.In addition, today's HGZ results significantly confirm continuity of the HGZ and increase the strike of the high grade intervals of gold mineralization over meaningful widths along the Eastward plunge of the mineralized structure. Highlights are detailed below, and a complete list of results is availabl...