Amex Exploration (TSX VENTURE:AMX) (“Amex” or the “Corporation”) is pleased to report that it has just received initial analytical results from the core samples where multiple free coarse gold were identified in hole PE2017-03 (see PR2018-01-04).
The section of the hole where free coarse gold was observed is from a depth of 311.9 meters to 316.56 meters. In fact, two core sections with free coarse gold were sent to the laboratory, the first one from a depth of 311.9 to 312.47 returned a value of 16.7 g/t Au over 0.57 meters and the second one from a depth of 315.56 to 316.56 returned a value of 47.2 g/t Au over 1.00 meter, leaving an overall intersection with an average grade of 12.22 g/t Au over 4.66*meters. (*Interval intersected along the hole, undetermined true thickness).
Jacques Trottier PhD, Executive Chairman of Amex, said:

“I am very pleased with the initial results from our first few holes of the Perron drilling program. Hole PE2017-03 is intersecting what seems to be a whole new gold bearing zone at Perron and is quite separate from our VMS target which is about 1 kilometre away.
A property as large as Perron, which covers an important segment of an entire greenstone belt in that region of Quebec, has the potential to host multiple gold discoveries.”

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