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Amex Reports 15.85 M of 15.52 g/t Au and 11.00 M of 11.27 g/t Au from High Grade Zone Expansion Drilling
Montreal, Quebec--(Newsfile Corp. - June 16, 2022) - Amex Exploration Inc. (TSXV: AMX) (FSE: ...
About this update from Amex Exploration Inc.
[{"type":"text","content":"Amex Reports 15.85 M of 15.52 g/t Au and 11.00 M of 11.27 g/t Au from High Grade Zone Expansion DrillingMontreal, Quebec--(Newsfile Corp. - June 16, 2022) - Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) (\"Amex or the Company\") is pleased to announce assay results from a number of drill holes focused on expansion drilling of the High Grade Zone (\"HGZ\"), part of the Eastern Gold Zone (\"EGZ\"), of the Perron Project as shown in Figure 1. Today's drill results demonstrate that the HGZ is expanding along strike, outside of the main high grade central ore shoot. Highlights include:15.52 g/t Au over 15.85 m, including 198.36 g/t Au over 1.20 m, in hole PE-22-511W3 at a vertical depth of 750 m; and11.27 g/t Au over 11.00 m, including 203.72 g/t Au over 0.50 m, in hole PE-22-511W2 at a vertical depth of 785 mAs part of its resource definition program, Amex has been focused on expansion of known zones of mineralization through much of the 2022 drilling program. This drilling targeted the margins of the known gold mineralization as shown in Figures 2 & 3, outside of the main \"core\" of the HGZ that regularly delivers multi-ounce assay results. These results from the HGZ expansion are definitively adding significant tonnage and potential ounces to the overall ore zone. Of particular interest are the results from holes PE-22-511W2 & PE-22-511W3, which returned very high assay values (see Figure 4 for images of visible gold mineralization) in an area that low grade mineralization was expected. This is highly encouraging for exploration as it shows that high grade lenses exist outside of the main mineralized zone.Jacques Trottier, PhD, Executive Chairman of Amex Exploration commented, \"The expansion drilling program on the HGZ is going very well. I was very excited seeing the strongly mineralized core especially in the two highlight holes. In addition to the high grade holes, the lower grade mineralization that we have been intercepting on the fringes of the system is adding significant strike and tonnage to the system which should enhance the future resource on the HGZ.\"Figure 1: Plan view of the geology of the Eastern Gold Zone comprised of the High Grade Zone and the Denise Zone as well as the newly discovered E2 Gold Zone.To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/fil...