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Amex Drills 81.50 m of 1.51 g/t Gold at Denise Zone of the Eastern Gold Zone at Perron and Appoints New CFO
MONTREAL, QC / ACCESSWIRE / December 17, 2020 / Amex Exploration Inc. ("Amex or the Company")...
About this update from Amex Exploration Inc.
[{"type":"text","content":"Amex Drills 81.50 m of 1.51 g/t Gold at Denise Zone of the Eastern Gold Zone at Perron and Appoints New CFOMONTREAL, QC / ACCESSWIRE / December 17, 2020 / Amex Exploration Inc. (\"Amex or the Company\") (TSXV:AMX)(FRA:MX0)(OTCQX:AMXEF) is pleased to report results from several holes targeting the near surface portion of the Denise Zone of the Eastern Gold Zone (EGZ). As a reminder, the EGZ is comprised of two gold zones, High Grade Zone (HGZ), a continuous high grade gold system which is immediately north of the Denise Zone (Denise), as shown in Figures 1 & 2. Today's results significantly confirm and increase the high metal factor core of the Denise Zone with large intervals of gold mineralization. Of note the large mafic intrusive body to the west of the Denise Zone appears to have a significant control on the size and grade of the intervals identified to date. Highlights are detailed below, and a complete list of results is available in Table 1. Kelly Malcolm, V.P. Exploration of Amex Exploration, offers a quick explanation of today's results in this video reviewing the Denise Zone. https://youtu.be/dlhwF27B9yEGold mineralization at Denise, hosted by brecciated rhyolite of the Beaupre Block, consists of disseminated anomalous to low grade gold mineralization associated with intense sericite and silica alteration, as well as high grade gold mineralization associated with narrow quartz veins and veinlets. Highlighted results from the Denise Zone are presented on cross sections in Figures 3, 4, & 5 as well as on a long section in Figure 6:Hole PE-20-199 intersected 81.50 metres of 1.51 g/t Au at a vertical depth of approximately 190 metres.Hole PE-20-204 intersected 187.00 metres of 0.66 g/t Au at vertical depth of approximately 180 metres and within this large interval, 35.50 metre of 1.54 g/t Au as well as 3.50 metres of 9.07 g/t Au was intersected.Hole PE-20-201 intersected 22.00 metres of 0.82 g/t Au at a vertical depth of approximately 180 metres.Hole PE-20-193 intersected 39.00 metres of 0.84 g/t Au at a vertical depth of approximately 650 metres.Jacques Trottier, PhD Executive Chairman of Amex said, \"We continue to encounter wide near surface gold mineralization at Denise which improves the open pit potential of the entire Eastern Gold Zone. As we advance the definition drilling of the Denise Zone we note that th...