- Amex Exploration (AMX) has completed 26 drill holes on the High Grade Zone (HGZ) of its Perron Project
- Highlights from today’s results include up to 43.74 g/t gold over 6.9 metres in the shallow zone and 28.64 g/t gold over 5.0 metres in the deep area of the HGZ
- In addition to today’s results, Amex is waiting for results from over 14,200 samples at three labs from holes across the Perron Project
- Amex Exploration Inc. (AMX) is up 2.46 per cent, trading at $2.50 per share
Amex Exploration (AMX) has completed 26 drill holes on the High Grade Zone (HGZ) of its Perron Project.
Drilling has been focused on expansion and definition drilling of the High-Grade Zone as the company works toward its maiden resource on the Perron Project.
The High-Grade Zone is comprised of a shallower area of mineralization in the western portion of the zone and a deeper area to the east.
Highlights from today’s results include up to 43.74 g/t gold over 6.9 metres in the shallow zone and 28.64 g/t gold over 5.0 metres in the deep area of the HGZ.
Jacques Trottier, Ph.D., Executive Chairman of Amex Exploration, expressed his excitement about the results.
“Firstly, the highest metal factor hole in this release comes from an area of the shallower HGZ that had previously thought to be lower grade,” he said.
“Secondly,” he added, “our drilling at depth continues to reaffirm our interpretation of strong continuity and a larger “envelope” of greater than 50 metal factor mineralization.”
In addition to today’s results, Amex is waiting for results from over 14,200 samples at three labs from holes targeting the HGZ, Denise, QF Zone, and Grey Cat Zone, as well as regional exploration drilling.
“Amex has a number of drillholes pending from the High Grade Zone as well as across the project and we look forward to receiving the outstanding results,” said Mr. Trottier.
Amex Exploration is a mining exploration company with a focus on developing viable gold and base metals deposits in mining-friendly jurisdictions.
Amex Exploration Inc. (AMX) is up 2.46 per cent, trading at $2.50 per share as of 9:30 am ET.