Amex Exploration has announced results from the first 27,500 meters (m) of its planned 100,000-m 2019-2020 exploration drill program on its Perron gold property in Quebec. Within the project’s High Grade Zone, 26 drill holes have intersected gold mineralization greater than 10 grams/mt over variable widths. Other high-grade results are reported from the pro-
ject’s Denise, Gratien and Grey Cat zones.
During 2020, up to three drills will focus on continued definition and expansion of the known mineralized gold zones, all of which are open along strike and at depth. Regional drilling will focus on targets that have seen very limited or no drilling. These targets share similarities with the known Perron gold zones, including proximity of second-order thrust faults; intersections of thrust faults and third-order structures within the Beaupre rhyolite block; high-magnetic lineaments; and the presence of ultramafic-to-mafic intrusions.
The regional targets are located along the 7-kilometer (km)-long southern Perron thrust fault and the 8.4-km-long northern Normetal thrust fault, which both bound the unconformable gold-bearing Beaupre rhyolite block.