Canamex Completes Fall Drill Program at Bruner Gold Project

Canamex Resources Corp. (TSXV:CSQ,OTCQX:CNMXF) announced the completion of a short fall drill program at its Nevada-based Bruner gold project.
As quoted in the press release:

Canamex concluded a small fall drilling program at the Bruner gold project, which was designed to assess the potential for a northern extension of the recently discovered Paymaster resource. A possible northern extension was inferred from the excellent drill results that concluded the fall drilling program in 2014, which remained open to the north, northerly trending structures and breccias mapped on the surface and portrayed in underground geologic maps of the area, and from VLF-EM geophysics, which were completed over the Paymaster resource area in September and October. Two fences of holes were drilled north of the resource area to test the possibility of a northern extension. The assay results indicate that two thin low-grade “layers” of mineralization appear to be present north of the resource area, but that the thickness and grade are likely insufficient to add significantly to the resource present at Paymaster. The best intercept was in hole B-1504, the easternmost drill hole, which contained 20 feet (6.2 metres) grading 0.028 ounces/ton (0.94 gms/tonne). This intercept suggests the resource may trend more towards the northeast than towards the north, as originally interpreted.

Greg Hahn, president and COO of Canamex, commented:

The drilling program was designed as a rifle shot to see if there was more high-grade material north of where we intersected it last year. The results indicate that is not the case, but they demonstrate that the resource may trend in a different direction than previously thought, and that is encouraging for possibly continuing to track mineralization eastward and outside of the currently defined resource area. Additional drilling in that direction is warranted in the next drilling campaign. The resources – Historic and Paymaster, along with Penelas – remain open in several directions as we have only completed drilling on 20% of the identified targets to date.

Click here to read the full Canamex Resources Corp. (TSXV:CSQ,OTCQX:CNMXF) press release.