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Amex Drills 35.13 g/t Au over 3.30 meters in Deepest Hole to Date on the Eastern Gold Zone at Perron

MONTREAL, QC / ACCESSWIRE / July 8, 2020 / Amex Exploration Inc. ("Amex or the Company") ...

articleAmex Exploration Inc.July 8, 20204/company/amex-exploration/news/amex-drills-3513-gt-au-over-330-meters-in-deepest-hole-to-date-on-the-eastern-gold-zone-at-perron
Amex Drills 35.13 g/t Au over 3.30 meters in Deepest Hole to Date on the Eastern Gold Zone at Perron

About this update from Amex Exploration Inc.

[{"type":"text","content":"Amex Drills 35.13 g/t Au over 3.30 meters in Deepest Hole to Date on the Eastern Gold Zone at PerronMONTREAL, QC / ACCESSWIRE / July 8, 2020 / Amex Exploration Inc. (\"Amex or the Company\") (TSXV:AMX)(FRA:MX0)(OTCQX:AMXEF) is very pleased to report additional high grade gold drill results from its 200,000 m drill program on its 100% owned Perron property in northwestern Quebec, Canada (see Figure 1). Today's results are from the Eastern Gold Zone, which is one of four known zones on the Perron Property. A select list of results is provided in Table 1.At the Eastern Gold Zone (\"EGZ\"), the three drill holes reported today successfully demonstrated the depth and eastern extension as well as continuity of the High Grade Zone (\"HGZ\") (Figure 2). 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 mineralization 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. The Company also wishes to report 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.Jacques Trottier, Executive Chairman of Amex said, \"We are hitting on all fronts at Perron. This has been one of the most successful drill programs of my career. So far, our expectations are continually exceeded on the HGZ, where we have intercepted more than an ounce per tonne per meter 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.\"Figure 1: Perron Property with mineralized zones For enhanced image, please click here Figure 2: EGZ High Grade Zone Long SectionFor enhanced image, please click here Tab...

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