Amex Announces Discovery of New High Grade Gold Structure Returning 31.87 g/t Au over 5.10 m on Perron
MONTREAL, QC / ACCESSWIRE / January 25, 2021 / Amex Exploration Inc. ("Amex or the Company") (TSXV:AMX)(FRA:MX0)(OTCQX:AMXEF) is pleased to announce the discovery of a new high-grade gold structure by drilling an intersection returning 31.87 g/t Au over 5.10 metres on a new target area on its flagship Perron property (Table 1). The drill intersection is located approximately 650 metres north-west of the High Grade Zone (HGZ) and 500 metres north-east of the Grey Cat Zone (GCZ) that represents a new gold-bearing area on the property, as shown in Figures 1 and 2.
Jacques Trottier, PhD Executive Chairman of Amex said, "This new high-grade gold area is a game changer for the Perron project. This discovery demonstrates the tremendous upside of the Perron Property as it lies in an area that we had interpreted as being highly perspective but till now had remained untested. There are many more such targets on the Perron property."
Trottier continued, "This discovery also clearly shows that not only are the main structural contacts of the Beaupré Rhyolite Bloc (BRB) (namely the Normetal Fault to the North and the Perron Fault to the South), gold mineralized structures, but also many of the other major structural features located inside the BRB may also be gold bearing. That by itself is major milestone and has very positive implications for the Perron Project."
- Published: 25 January 2021
- Written by Editor