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BMEX Announces Multiple High-Grade Gold Discoveries at Dunlop Bay, Quebec
-Samples up to 25.60 g/t Au at Surface- Vancouver, British Columbia--(Newsfile Corp. - November ...
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[{"type":"text","content":"BMEX Announces Multiple High-Grade Gold Discoveries at Dunlop Bay, Quebec-Samples up to 25.60 g/t Au at Surface-Vancouver, British Columbia--(Newsfile Corp. - November 30, 2023) - BMEX Gold Inc. (TSXV: BMEX) (FSE: 8M0) (\"BMEX\" or the \"Company\") announces results from a highly successful 2023 surface exploration program at Dunlop Bay, Quebec, with up to 25.6 g/t Au (grab sample) and three new gold zone discoveries that are open in all directions.The 2023 summer and fall prospecting and trenching programs focused on testing structural and geological lineaments, newly interpreted from the combined Magnetic and Lidar (\"MAG-LiDAR\") vertical derivative maps. Amongst the nine trenches successfully reaching bedrock, five trenches were gold-bearing (Figure 1) and Table 1 for results. Highlight grab samples:trench 14 returned up to 25.60 g/t Au, trench NW2 up to 15.60 g/t Au, trench 22 up to 10.45 g/t Au and, trench B up to 2.69 g/t Au. These new high-grade results are from areas with very limited assay data (Figure 1). Gold concentrations are controlled by NW-SE trending MAG-LiDAR lineaments (similar to the historical Marcelle, Edith, and Rolande veins). Detailed mapping of the trenches confirmed the coincidence of the gold-bearing structure and features identified by geophysics has revealed that these lineaments consist in barely deformed sulfide-rich (locally massive) intervals. The sulfide-rich gold bearing horizons are more deeply weathered due to the higher sulfide content than the surrounding lithological units, resulting in local low topography that produce the combined MAG-LiDAR anomalies.Trench 14 is also a totally new surface discovery. This MAG-LiDAR lineament contains the best results of the campaign (25.6 g/t Au). This new surface anomaly has a strike length of over 1 km that is untested. Again, the mineralization consists of thin semi-massive to massive sulfide (pyrite) layers. Trench NW2 is a new discovery made 400 metres northwest of the closest historical showing. It is widely mineralized and returned 12 values over 0.1 g/t Au out of 23 surface samples taken during the program on this trench. Those 12 gold bearing samples also delivered interesting silver values with a mean for those 12 samples at 15.53 g/t Ag and reaching up to 47.2 g/t Ag. Gold mineralization is associated with pyrite-arsenopyrite-rich basaltic a...