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Amex Reports Highest Grade Interval to Date on Denise Zone with 9.36 g/t Au over 39.55 metres including 16.55 g/t Au over 21.90 metres
MONTREAL, QC / ACCESSWIRE / October 21, 2020 / Amex Exploration Inc. ("Amex or the Company") ...
About this update from Amex Exploration Inc.
[{"type":"text","content":"Amex Reports Highest Grade Interval to Date on Denise Zone with 9.36 g/t Au over 39.55 metres including 16.55 g/t Au over 21.90 metresMONTREAL, QC / ACCESSWIRE / October 21, 2020 / Amex Exploration Inc. (\"Amex or the Company\") (TSXV:AMX)(FRA:MX0)(OTCQX:AMXEF) is pleased to report substantial results from several holes targeting the Denise Zone, a broad gold bearing system approximately 50 m to 100 m to the south of the High Grade Zone (HGZ), of the Perron property in northwestern Quebec, Canada as shown in Figures 1 & 2. These results significantly increase the potential for higher grade mineralization within the broad Denise Zone. Highlights are detailed below, and a complete list of results is available in Table 1.Hole PE-20-192 intersected 39.55 metres of 9.36 g/t Au including 21.90 metres of 16.55 g/t Au which includes 0.50 metres of 428.42 g/t Au, 0.50 metres of 135.87 g/t Au, and 0.50 metres of 131.85 g/t Au at a vertical depth of approximately 225 metresHole PE-20-191 intersected 35.60 metres of 1.07 g/t Au including 0.50 metres of 47.94 g/t Au at a vertical depth of approximately 125 metresGold 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 as shown in Figures 3 and 4. Highlighted results from the Denise Zone are presented on cross sections in Figures 5, 6, & 7.Jacques Trottier, Ph.D., Executive Chairman of Amex said, \"Our most recent press release on the Denise Zone focused on broad (~50-100 m) zones of lower-grade near-surface gold mineralization (1 to 2 g/t Au). The results of holes PE-20-191 continue to support the growing large-volume system, as does our ongoing re-sampling program of previously drilled holes. The very high grade gold found in PE-20-192 is similar to the grade that we typically see in the HGZ next door. We have previously reported high grade intersections within the Denise zone which help to increase the overall grade of the system, an important consideration for evaluation of this ore body.\"At the Eastern Gold Zone, Amex has two different orogenic Archean gold mineralization types adjacent to each other - the High Grade Zone (HGZ) and the Denise...