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Amex Metallurgy Holes Deliver Consistent High Grade Head Grade of 27.70 g/t Au over 11.80 m in PEM-20-001 12.70 g/t Au over 16.60 m in PEM-20-002 5.65 g/t Au over 10.60 m in PEM-20-003

MONTREAL, QC / ACCESSWIRE / August 5, 2020 / Amex Exploration Inc. ("Amex or the Company") (T...

articleAmex Exploration Inc.August 5, 20205/company/amex-exploration/news/amex-metallurgy-holes-deliver-consistent-high-grade-head-grade-of-2770-gt-au-over-1180-m-in-pem-20-001-1270-gt-au-over-1660-m-in-pem-20-002-565-gt-au-over-1060-m-in-pem-20-003
Amex Metallurgy Holes Deliver Consistent High Grade Head Grade of 27.70 g/t Au over 11.80 m in PEM-20-001 12.70 g/t Au over 16.60 m in PEM-20-002 5.65 g/t Au over 10.60 m in PEM-20-003

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[{"type":"text","content":"Amex Metallurgy Holes Deliver Consistent High Grade Head Grade of 27.70 g/t Au over 11.80 m in PEM-20-001 12.70 g/t Au over 16.60 m in PEM-20-002 5.65 g/t Au over 10.60 m in PEM-20-003MONTREAL, QC / ACCESSWIRE / August 5, 2020 / Amex Exploration Inc. (\"Amex or the Company\") (TSXV:AMX)(FRA:MX0)(OTCQX:AMXEF) is very pleased to report the head grade from 3 metallurgy holes which were specifically drilled into 3 different Metal Factor isocontour areas of the High Grade Gold Zone of the Eastern Gold Zone (EGZ) at Perron. Please see Figure 1 for hole locations and Figure 2 for core photos. Results include:Hole PEM-20-001intersected 11.80 meters of 27.70 g/t Au for a metal factor (MF) of 326.86 gram metres of gold. This metallurgical test hole is located approximately 6 meters East of the previously drilled hole PE-17-03 that returned a MF of 59.09 gram metres of gold.Hole PEM-20-002 intersected 16.60 meters of 12.70 g/t Au for a MF of 210.82 gram metres of gold. This drill hole is located within the >100 gram meter gold isocontour which validates the high grade continuity of the system.Hole PEM-20-003 returned 10.60 m of 5.65 g/t Au for a MF of 59.89. This hole is located inside an area previously identified with a MF isocontour of 10 to 50 gram meters of gold.These metallurgy holes were drilled using large diameter PQ size drill holes to provide enough material for proper and representative testing. The samples are now being processed and tested for recovery rates which the Company anticipates will be quite high given the ore mineral assemblage of free visible gold, with a low percentage of sulfides including dominantly sphalerite and lesser pyrite.The metallurgical drill holes were drilled in areas of the upper near-surface portion of the High Grade Zone (HGZ) that were anticipated to provide representative high, medium, and low grade samples, as shown on Figure 1. The bulk samples included the hanging wall and footwall veins, as well as the weakly mineralized interior mafic dyke rock, with the objective of testing representative mining widths across the entirety of the HGZ. The results, both on a visual level and with the head grade reported below, exceeded expectations. Of interest is the significant increase of visible gold grains and associated high grade mineralization in holes PEM-20-001 and PEM-20-003, which indicates th...

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