Business
Amex Eastern Gold Zones Continue to Deliver High Grade Results at Depth and Reports 28.97 g/t Au over 5.60 m and 9.48 g/t Au over 7.70 m in Holes PE-20-165 and PE-20-163 Respectively
MONTREAL, QC / ACCESSWIRE / June 25, 2020 / Amex Exploration Inc. ("Amex or the Company") (TS...
About this update from Amex Exploration Inc.
[{"type":"text","content":"Amex Eastern Gold Zones Continue to Deliver High Grade Results at Depth and Reports 28.97 g/t Au over 5.60 m and 9.48 g/t Au over 7.70 m in Holes PE-20-165 and PE-20-163 RespectivelyMONTREAL, QC / ACCESSWIRE / June 25, 2020 / Amex Exploration Inc. (\"Amex or the Company\") (TSXV:AMX)(FRA:MX0)(OTCQX:AMXEF) is very pleased to report multiple drill results from the Eastern Gold Zone on its 100% owned Perron property in northwestern Quebec, Canada (see Figure 1). A select list of results is provided in Table 1. Amex will be hosting a webinar on Tuesday, June 30 at 11 am EST to review the three gold zones at Perron including today's results, the overall Perron property potential, and a 3D Model of the Perron gold corridor. Attendees are requested to register in advance for this webinar:https://us02web.zoom.us/webinar/register/WN_AjaXRVIDTimqlUmJL1T75QAfter registering, you will receive a confirmation email containing information about joining the webinar.At the Eastern Gold Zone (\"EGZ\") (Figure 2), a number of holes are reported which tested the depth and eastern extension of the High Grade Zone (\"HGZ\"). Drill hole PE-19-165 intersected 28.97 g/t Au over 5.60 m at a vertical depth of approximately 660 m. This intercept increases the bonanza grade core of the HGZ on the eastern depth extension by approximately 75 metres. Drill hole PE-19-163 intersected 9.48 g/t over 7.70 m at a vertical depth of approximately 650 m. This is the most easterly hole drilled to the HGZ to date and increases the strike by approximately 50 m. In addition, all pending holes at the HGZ have encountered visible gold mineralization.The Company also wishes to provide an update on its exploration activities. Amex has now completed two of three large diameter (PQ-size) drill holes in the near-surface portion of the HGZ. Abundant visible gold was encountered in both of the completed holes, indicating that large diameter drilling may increase the amount of gold encountered in drilling on this high-grade system. The core from these holes will be analyzed at SGS Lakefield laboratories for a comprehensive suite of tests, which will provide an indication of the metallurgy of the mineralization as well as composite gold grades for each interval submitted. Amex expects these results to be received in late July to early August. Amex has also begun testing the near-sur...