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Amex Intersects 248.05 g/t Au Over 0.80 m in PE-19-33 and 156.83 g/t Au Over 0.65 m in PE-19-31 at Perron13.03.2019 | 11:00 Uhr | GlobeNewswire
MONTREAL, March 13, 2019 - Amex Exploration Inc. (“Amex or the Company”) (AMX: TSX-V; FRA: MX0) is very pleased to announce that ongoing drilling of the Eastern Gold Zone (“EGZ”) at the Perron project (“Perron”) has successfully intersected additional high grade gold mineralization.
Drill hole PE-19-31 intersected 89.59 g/t Au over 1.15 m including 156.83 g/t Au over 0.65 m at a shallow vertical depth of only 85 m. Drill hole PE-19-33 intersected 32.11 g/t Au over 7.20 m including 52.19 g/t Au over 0.5 m in the upper vein and 248.05 g/t Au over 0.8 m in the lower vein at a vertical depth of 245 m. The intersected mineralization, which is characteristic of the EGZ High Grade Zone (HGZ), consists of two gold-bearing quartz veins located on either side of a narrow weakly mineralized mafic intrusive crosscutting a large unit of silicified rhyolite. These two quartz veins typically contain sphalerite, pyrite, and visible gold as coarse grains, flakes, or specs. Additional gold-bearing intersections are detailed in Table 1. In addition to these results, the Company wishes to report that it has identified additional visible gold in recently completed drill holes for which assays are pending. With the high grade results from PE-19-31 and the visual geological indicators from PE-19-32 it appears that the HGZ extends close to surface, and with the results from PE-19-28, PE-19-33, and earlier holes it appears that the HGZ is robust and high-grade laterally and to depth. The zone has now been intersected over a vertical distance of 225 metres with a lateral distance of 25 meters to 50 metres pierce point to pierce point with a spacing varying from 25 to 50 metres. The High Grade Zone extends to a depth of approximately 280 metres below surface and remains open towards surface, to depth, and along strike. “These new results further confirm the high-grade nature of the EGZ,” commented Jacques Trottier, Ph.D., Executive Chairman of Amex Exploration. “We continue to expand the dimensions of the zone, especially with the near surface intersections contained in this release. We are very excited about the potential of the system at depth and our next holes are targeting deeper gold mineralization.” Table 1: Drill results on the EGZ from holes PE-19-28, PE-19-29, PE-19-30, PE-19-31, PE-19-32, and PE-19-33.
Intervals reported are along the hole; true thickness is not yet determined. About the Eastern Gold Zone Qualified Person About Amex For further information please contact: Forward-looking statements: Except for statements of historical facts, all statements in this news release regarding, without limitation, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release Two photos accompanying this announcement are available at: http://www.globenewswire.com/NewsRoom/AttachmentNg/a239925a-e707-4e20-8749-2cdf38a90f6e http://www.globenewswire.com/NewsRoom/AttachmentNg/b196447f-2bc7-4ed7-a4f1-6df3416d7ef9 Dieser Artikel stammt von Rohstoff-Welt.de
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