Wednesday, July 30, 2025

QMX Gold Drills 1.48 G/T Gold Over 1,109.6 Meters At Val d’Or Deposit

QMX Gold Corp (TSXV: QMX) released further drilling results from its Bonnefond Deposit, located in Val d’Or, Quebec, this morning. Recent drilling has been focused on testing the deposit at depth while also providing structural and geological data for future exploration. The highlight of todays results includes 1.48 grams per tonne gold over 1,109.6 meters at the deposit, with the multiple high grade zones being found.

Results from just the single drill hole were released this morning, however the company was able to provide plenty of data from this single hole. For instance, high grade zones found from the deep drilling include 6.48 g/t gold over 73.2 meters, which is contained within what the company currently refers to as the current pit shell. Zones found at depth meanwhile include 35.56 g/t gold over 4.0 meters, which was found at a depth of 1,050 meters.

The drilling was conducted on the Bonnefond deposit of QMX’s Val d’Or East Zone, part of the massive land package the company has in the area. The region of the deposit is currently subject to a 7,500 meter drill program, as part of a larger exploration program being conducted on the property.

Hole NumberAzimuth
(°)
Dip
(°)
Hole
Length
From
(metre)
To
(metre)
Length*
(metre)
Au**
(g/t)
Remark
17315-20-1218-70117969.41179.01109.61.48Tonalite
   Incl.85.087.42.46.09 
   Incl.97.5103.45.92.31 
   Incl.120.7126.05.312.65 
   Incl.150.7223.973.26.48 
   Incl.238.4243.55.13.75 
   Incl.268.9270.31.411.51 
   Incl.302.1318.816.72.57 
   Incl.372.0375.43.43.87 
   Incl.387.8399.211.41.81 
   Incl.502.4508.46.03.39 
   Incl.563.8573.39.52.49 
   Incl.587.0598.211.26.37 
   Incl.612.0624.012.03.14 
   Incl.649.5652.22.73.86 
   Incl.672.7682.49.74.50 
   Incl.751.7759.57.82.10 
   Incl.1047.81051.84.035.56 
   Incl.1068.61069.61.06.39 
   Incl.1082.01084.02.03.10 

QMX currently has a total of three rigs currently drilling on the Val d’Or property, with a fourth expected to begin operations as well. Drilling at Bonnefond is currently focused around updating the current resource estimate published last year for the deposit, while also looking to test mineralized shear zones north of the current pit shell.

QMX Gold last traded at $0.31 on the TSX Venture.


Information for this briefing was found via Sedar and the companies mentioned above. The author has no securities or affiliations related to these organizations. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why Gold’s Bull Run May Just Be Getting Started! | Peter Grandich

Tariffs Spark New Race for Critical Metals | Rob McEwen

Antimony Resources: The Bald Hill Project

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

B2Gold Produces 310,261 Gold Ounces In Q3 2021, Increases 2021 Guidance

B2Gold Corp. (TSX: BTO) announced this morning its quarterly production results for Q3 2021, posting...

Tuesday, October 19, 2021, 10:25:00 AM

Aux Resources: Anticipation Of Assay Results

It’s been well noted that we have been following AUX Resources Corporation (TSXV: AUX), a...

Tuesday, October 20, 2020, 11:31:00 AM

K92 Mining: Scotiabank, PI Financial Raise Price Target Following Kora PEA

Yesterday evening K92 Mining (TSXV: KNT) released a positive preliminary economic assessment on their phase...

Tuesday, July 28, 2020, 04:26:09 PM

Gold Sent Soaring Following Awful Non-Farm Payroll Data

It appears things might be finally hitting the fan this morning so to speak. Gold...

Friday, September 3, 2021, 08:53:37 AM

O3 Mining Reports 4.7 g/t Gold Over 3.8 Metres At Marban

O3 Mining Inc. (TSXV: OIII) this morning provided an update on its ongoing drill program...

Thursday, July 8, 2021, 08:06:54 AM