REPORTS 6.48 G/T AU OVER 73.2 METRES WITHIN CURRENT PIT SHELL AND DEMONSTRATES SIGNIFICANT DEPTH POTENTIAL INTERSECTING 35.56 G/T AU OVER 4.0 M AT DEPTH AT BONNEFOND
QMX Gold Corp. (QMX.V) has released results from the continuing exploration drilling program on the Bonnefond deposit. Drill hole 17315-20-121 was completed to test the deposit at depth and to provide structural and geological data to advance the geological and grade-model of the deposit. The Bonnefond Deposit is located in the Val d'Or East Zone of QMX's extensive land package in Val d'Or, Quebec (Figure 4).
Highlights (Grades are uncut; lengths are measured along the holes, Table 1):
DDH 17315-20-121 returned an overall average grade of 1.48g/t Au over 1,109.6m in the Bonnefond intrusive with multiple high-grade zones. High grade zone within current pit shell: 6.48 g/t Au over 73.2m (measured along the hole). High grade zone at depth: 35.56 g/t Au over 4.0m at 1,050m (measured along the hole). Expanded and updated geological model based on additional structural data.
"The results coming from our Bonnefond project continue to impress us", says Dr. Andreas Rompel, Vice President of Exploration. "While we refine the structural geological model and discover more shear zones transecting the tonalitic and dioritic intrusive with elevated mineralization levels. We intend to further explore the precise extent of the plug and the geometry of the shears within as it seems highly prolific for high gold grades."
DDH 174315-20-121 increases resource potential at depth and substantially expands the volume of intrusive
Drill hole 17215-20-121 was drilled down plunge in the central part of the Bonnefond tonalite with 3 primary objectives:
to test continuity of grade between existing drill holes completed on the North-South cross-sections defining the deposit. Hole -121 complements hole -119A completed in the eastern part of the intrusive (Press release, July 28, 2020), to test for the continuation of mineralization in the tonalitic intrusion below its currently known limits, and to gather structural and geological data in the tonalite to improve the geological model of the deposit.
DDH 121 successfully achieved all 3 objectives. It remained within the mineralized Bonnefond Tonalite to the final hole length of 1,179m. The hole intersected mineralization over its entire length with an average overall grade of 1.48g/t Au over 1,109.6m. The drill hole intersected multiple enriched zones (Table 1), including a high grade zone within the pit shell 6.48 g/t Au over 73.2m, and 35.56g/t Au over 4.0m at 1,050m demonstrating Bonnefond's potential at depth (Figure 1). The results extend the tonalitic intrusion substantially between the depth of 550m and 1,100m, well below the limits of previous drilling (Figure 2).
For the full news release please visit the company website https://www.qmxgold.ca