Amex Exploration (TSXV: AMX) this morning reported a number of drill results from its ongoing drill program at its Perron Property, located in Quebec. The latest results focus on the expansion and definition of the Hight Grade Zone of the Eastern Gold Zone, with highlight results consisting of 17.89 g/t gold over 8.40 metres.
The highlight result comes from hole PE-20-230WI, wheremineralization was intersected at a depth of 540 metres on the property. A number of additional holes were highlight by the company, with intersections ranging from depths of 260 metres to that of 1,060 metres.
The former comes from hole PE-20-216 where intersections of 13.94 g/t gold over 3.25 metres were made. The latter comes from hole PE-20-187W2, where the firm intersected 49.04 g/t gold over 2.20 metres at 1,060 metres of depth.
The results that were released are said to confirm expectations of continuity of the High Grade Zone as the firm works to expand its maiden resource. Over 15,000 further samples are reportedly waiting analysis at the lab, with those samples said to be from the HGZ, Denis, and Grey Cat Zones in additional to regional exploration.
Full results from all twelve drill holes released this morning can be found here.
Amex Exploration last traded at $2.93 on the TSX Venture.
Information for this briefing was found via Sedar and Amex Exploration. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
