Business
Denise Zone of the EGZ Delivers Wide, High-Grade, Near Surface Results of up to 8.19 g/t Au Over 14.00 meters From Amex Drilling at Perron
MONTREAL, QC / ACCESSWIRE / August 11, 2020 / Amex Exploration Inc. ("Amex or the Company") (...
About this update from Amex Exploration Inc.
[{"type":"text","content":"Denise Zone of the EGZ Delivers Wide, High-Grade, Near Surface Results of up to 8.19 g/t Au Over 14.00 meters From Amex Drilling at PerronMONTREAL, QC / ACCESSWIRE / August 11, 2020 / Amex Exploration Inc. (\"Amex or the Company\") (TSXV:AMX)(FRA:MX0)(OTCQX:AMXEF) is very pleased to report a number of results from the Denise Zone which is located in the Eastern Gold Zone (EGZ) on the 100% owned Perron property in northwestern Quebec, Canada. The EGZ is comprised of multiple parallel gold zones including the High Grade Zone (HGZ) and the Denise Zone. See Figure 1 Plan Map of the EGZ. A select list of results is provided in Table 1.Highlight results from the Denise Zone Include: (Figures 2, 3, and 4 Cross Sections)Hole PE-20-172 intersected 14.00 metres of 8.19 g/t Au, including 1.50 metres of 61.72 g/t Au and 9.00 metres of 5.94 g/t Au at a vertical depth of approximately 90 m and 160 mHole PE-20-174 intersected 8.50 metres of 3.86 g/t Au at a vertical depth of approximately 70 mHole PE-20-175 intersected 21.60 metres of 1.93 g/t Au at a vertical depth of approximately 70 m and further downhole intercepted 0.70 metres of 22.76 g/t Au at a vertical depth of approximately 130 mHole PE-20-180 intersected 5.35 metres of 5.31 g/t Au at a vertical depth of approximately 85 m and further downhole intercepted 3.00 metres of 6.91 g/t Au at a vertical depth of approximately 144 mHole PE-20-56EXT intersected 3.55 metres of 10.53 g/t Au at a vertical depth of approximately 120 mAt the Eastern Gold Zone, Amex clearly has two different orogenic Archean gold mineralization types adjacent to each other. The now famous HGZ is typically a Bonanza Vein Type characterized by very high grade gold content (up to 393.33 g/t Au over 1.70 m in hole PE-19-22) usually consisting of two parallel continuous quartz veins containing multiple native coarse free gold grains located at the contact on both sides of a linear vertical mafic foliated gabbro intrusive cross cutting a massive rhyolitic host unit. The Denise Zone is a more typical Shear Zone type gold mineralization which consists mainly of a wide (from 5 m to more than 80 m of width) sub vertical deformation zone of highly sheared and highly silicified, sericitized and pyritized altered rhyolite. The Denise zone also has a distinctive feature consisting of heavily deformed, pinched and swells transpose...