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Following on DDH 17315-20-121 (Press Release;
Highlights include (Grades are uncut; lengths are measured along the holes, Table 1):
In the Bonnefond intrusive:
- DDH 17315-20-111 returned 1.70 g/t Au over 78.5 m, including 9.48 g/t Au over 6.0 m
- DDH 17315-20-114 returned 1.18 g/t Au over 136.2 m
- DDH 17315-20-128A returned 1.28 g/t Au over 50.4 m; 2.31 g/t Au over 22.5m and 40.52 g/t Au over 2.0m
East of the Bonnefond intrusion:
- DDH 17315-20-100 returned 3.98 g/t Au over 15.0m, including 4.91 g/t Au over 4.5m in a shear zone.
West of the Bonnefond intrusion:
- Extends the shear zone system on a 200m strike west of the intrusive (Figure 1)
- DDH 17315-18-068-Ext returned 62.44 g/t Au over 1.0m in a shear zone
- DDH 17315-20-123 returned 3.44 g/t Au over 6.0m in a shear zone
- DDH 17315-20-124 returned 27.20 g/t Au over 1.5m in a shear zone
North of the Bonnefond intrusion:
- DDH 17315-19-084-Ext returned 6.43g/t Au over 3.0m in a shear zone.
“We are very happy to report the western extension of mineralization in connection with the shear zones already encountered within the Bonnefond intrusion”, says Dr.
Table 1: Highlights from DDH 100; 111; 114; 123, 124, 128A and Extensions of DDHs 068 and 084 – Bonnefond Deposit.
Hole Number | From (metre) | To (metre) | Length* (metre) | Au** (g/t) | Comment | ||||
17315-20-100 | 343.5 | 358.5 | 15.0 | 3.98 | East Shear | ||||
Including | 343.5 | 348.0 | 4.5 | 4.91 | |||||
17315-20-111 | 307.0 | 385.5 | 78.5 | 1.70 | Tonalite | ||||
Including | 337.5 | 343.5 | 6.0 | 9.48 | |||||
17315-20-114 | 356.8 | 493.0 | 136.2 | 1.18 | Tonalite | ||||
17315-20-128A | 174.0 | 224.4 | 50.4 | 1.28 | Tonalite | ||||
268.6 | 291.1 | 22.5 | 2.31 | Tonalite | |||||
427.6 | 429.6 | 2.0 | 40.52 | Tonalite | |||||
17315-20-123 | 327.0 | 333.0 | 6.0 | 3.44 | West Shear | ||||
17315-20-124 | 375.0 | 376.5 | 1.5 | 27.20 | West Shear | ||||
17315-18-068-Ext | 275.0 | 276.0 | 1.0 | 62.44 | West Shear | ||||
17315-19-084-Ext | 209.1 | 212.1 | 3.0 | 6.43 | North Shear | ||||
* Reported length measured along the hole.
** Au uncapped
Bonnefond – Main zone and East extension
Seven of the drill holes reported in this batch of assays are located on the eastern side and in the main part of the Bonnefond deposit. The holes were drilled to test the mineralization in the Bonnefond intrusive and in the shear zone system south and east of the intrusive. Two of the reported holes were extensions of 2019 drill holes, 17315-19-079 and 084.
DDH 100 and 111 were drilled towards the north-west, along the strike of the intrusive to intersect its eastern contact and test the distribution of the mineralization. DDH 100 intersected 3.98 g/t Au over 15.0m, including 4.91 g/t Au over 4.5m in a shear zone south-east of the intrusive. Even though the drilled angle for DDH 111 and 100 was not optimized to intersect the mineralized veins, DDH 111 encountered 1.70 g/t Au over 78.5m, including 9.48g/t Au over 6.0m in the intrusive.
DDH 128A was the last drill hole of a series of 3 down plunge hole testing the mineralization at depth in the intrusive. It was drilled on the western edge of the tonalite and exited the intrusive after 450m down the hole. It returned a series of mineralized intervals with 4.66 g/t Au over 6.7m; 1.28 g/t Au over 50.4m; 2.31 g/t Au over 22.5m; 16.14 g/t Au over 1.3m and 40.52 g/t Au over 2.0m.
DDH 079; 084; 107 and 114 were drilled towards the south to complete the drilling pattern in order to raise the confidence level in the inferred part of the resource located in the intrusive to the indicated category. DDH 114 intersected 1.18 g/t Au over 136.2m in the intrusive. The extension of DDH 084 intersected a shear north of the intrusive grading 6.43 g/t Au over 3.0m.
Bonnefond Shear System Expanding 200m to the West
Ten drill holes reported in this batch of assays are located west of the Bonnefond deposit. The holes were drilled to test the western extension of the Bonnefond shear system (Figure 1) between the Bonnefond intrusive and the western limit of the property. One of the reported holes was an extension of an earlier drill hole, 17315-18-068. All holes were drilled toward the south, except for DDH 122 and 125 which were drilled in a south-east direction to intercept the West Fault and shear zones in the process. The best intercepts include 62.44 g/t Au over 1.0m in DDH 068 and 27.20 g/t Au over 1.5m in DDH 124.
These assays results are the final batch to be included in the 2020 resource estimate update for the Bonnefond deposit. These new results confirm the extension of the Bonnefond shear system on both sides of the mineralized tonalite and extend the already defined 400m long shear zone systems increasing the overall footprint of the project.
Figure 1: Bonnefond – Plan view - DDH 100; 107; 111; 114; 122 to 131 and Extensions of DDHs 068; 079 and 084.
https://www.globenewswire.com/NewsRoom/AttachmentNg/d5fe255b-872c-42c3-a9b9-b5635662b27b
Ongoing drilling at Bonnefond
QMX is currently operating two drill rigs in the Bonnefond area and recently completed the 9,000m drilling program north of the Bonnefond intrusive. The program tested the extension and geometry of the shear system north of the intrusive. One of the drill rigs has now mobilized to the western part of the New Louvre project, to the south of the Bonnefond Deposit, in order to test the western extension of the New Louvre shear system (Figure 2). Following the positive results from DDH 121A (Press Release;
Figure 2: QMX’s extensive and target-rich land package and 2020 targets
https://www.globenewswire.com/NewsRoom/AttachmentNg/a1e3d536-62c9-4e6f-8e92-7aa1308b31b8
Figure 3: QMX’s extensive and target-rich land package and 2020 targets
https://www.globenewswire.com/NewsRoom/AttachmentNg/10027205-7ba5-4984-9d6a-fbcfe0ad844d
Corporate Update
QMX would like to welcome
This appointment follows Deb Battison’s resignation as Chief Financial Officer of QMX.
QMX also announces that it has relocated its registered head office to
Quality Control
During the drilling program, assay samples were taken from the NQ core and sawed in half. One half is sent to
Qualified Persons
The scientific and technical content of this press release has been reviewed, prepared and approved by
About
Contact Information: | |
Brad Humphrey | |
President and CEO | Public Relations |
Tel: (514) 667-2304 | |
Toll free: +1 877-717-3027 Email: info@qmxgold.ca | Website: www.qmxgold.ca |
Cautionary Note Regarding Forward-Looking Information:
This press release contains or may be deemed to contain “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding future plans, operations and activities, planned drilling programs, projected mineralization, timing of assay results, and the ability of the Company to continue as a going concern. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, its properties and/or its projects to be materially different from those expressed or implied by such forward-looking information, including but not limited to those risks described in the disclosure documents of the Company filed under the Company’s profile on SEDAR. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Neither
Table 2: Results from DDH 100; 107; 111; 114; 122 to 131 and Extensions of DDHs 068; 079 and 084 – Bonnefond.
Hole Number | Azimuth (°) | Dip (°) | Hole Length | From (metre) | To (metre) | Length* (metre) | Au** (g/t) | Comment |
17315-20-100 | 315 | -55 | 741 | 151.5 | 172.5 | 21.0 | 1.44 | East Shear |
Incl | 162.0 | 168.0 | 6.0 | 2.52 | ||||
246.0 | 250.2 | 4.5 | 1.95 | East Shear | ||||
343.5 | 358.5 | 15.0 | 3.98 | East Shear | ||||
Incl | 343.5 | 348.0 | 4.5 | 4.91 | ||||
450.0 | 456.0 | 6.0 | 1.11 | Tonalite | ||||
460.5 | 463.5 | 3.0 | 4.51 | Tonalite | ||||
531.0 | 540.0 | 9.0 | 1.31 | Tonalite | ||||
546.0 | 549.0 | 3.0 | 2.58 | Tonalite | ||||
600.0 | 603.0 | 3.0 | 2.32 | Tonalite | ||||
17315-20-107 | 175 | -55 | 447 | 154.5 | 156.0 | 1.5 | 4.12 | Tonalite |
172.5 | 175.5 | 3.0 | 1.75 | Tonalite | ||||
181.5 | 184.5 | 3.0 | 2.08 | Tonalite | ||||
369.0 | 372.0 | 3.0 | 1.36 | South Shear | ||||
413.5 | 420.5 | 7.0 | 1.08 | South Shear | ||||
17315-20-111 | 295 | -45 | 663 | 228.0 | 233.0 | 5.0 | 1.79 | North Shear |
Incl | 228.0 | 229.0 | 1.0 | 5.09 | ||||
307.0 | 385.5 | 78.5 | 1.70 | Tonalite | ||||
Incl | 337.5 | 343.5 | 6.0 | 9.48 | ||||
396.5 | 415.5 | 19.0 | 0.80 | Tonalite | ||||
423.5 | 425.5 | 2.0 | 3.92 | Tonalite | ||||
455.0 | 457.0 | 2.0 | 4.47 | Tonalite | ||||
466.5 | 469.0 | 2.5 | 1.70 | Tonalite | ||||
504.5 | 512.5 | 8.0 | 2.97 | Tonalite | ||||
Incl | 506.5 | 508.5 | 2.0 | 9.04 | ||||
527.0 | 529.0 | 2.0 | 3.59 | Tonalite | ||||
561.0 | 563.9 | 2.9 | 4.40 | Shear zone | ||||
652.8 | 655.5 | 2.7 | 2.93 | Shear zone | ||||
17315-20-114 | 175 | -80 | 655 | 356.8 | 493.0 | 136.2 | 1.18 | Tonalite |
Incl | 362.8 | 364.8 | 2.0 | 5.09 | ||||
Incl | 411.0 | 414.0 | 3.0 | 12.14 | ||||
539.9 | 543.3 | 3.4 | 1.49 | Shear zone | ||||
590.3 | 592.0 | 1.7 | 3.19 | Shear zone | ||||
Hole Number | Azimuth (°) | Dip (°) | Hole Length | From (metre) | To (metre) | Length* (metre) | Au** (g/t) | Comment |
17315-20-128A | 10 | -70 | 663 | 99.0 | 105.7 | 6.7 | 4.66 | Tonalite |
159.0 | 160.5 | 1.5 | 6.33 | Tonalite | ||||
174.0 | 224.4 | 50.4 | 1.28 | Tonalite | ||||
258.4 | 260.6 | 2.2 | 5.90 | Tonalite | ||||
268.6 | 291.1 | 22.5 | 2.31 | Tonalite | ||||
360.7 | 362.0 | 1.3 | 16.14 | Tonalite | ||||
427.6 | 429.6 | 2.0 | 40.52 | Tonalite | ||||
456.2 | 457.8 | 1.6 | 3.41 | South Shear | ||||
533.9 | 535.5 | 1.6 | 3.64 | South Shear | ||||
547.0 | 550.4 | 3.4 | 2.88 | South Shear | ||||
17315-19-079-Ext | 180 | -85 | 768 | 527.1 | 530.1 | 3.0 | 4.43 | South Shear |
17315-19-084-Ext | 180 | -85 | 654 | 209.1 | 212.1 | 3.0 | 6.43 | North Shear |
380.8 | 397.2 | 16.4 | 2.00 | Tonalite | ||||
405.5 | 409.1 | 3.6 | 1.80 | Tonalite | ||||
424.9 | 426.0 | 1.1 | 3.02 | Tonalite | ||||
446.8 | 449.6 | 2.8 | 3.02 | Tonalite | ||||
454.2 | 456.2 | 2.0 | 2.53 | Tonalite | ||||
474.2 | 477.4 | 3.2 | 2.56 | Tonalite | ||||
534.8 | 538.4 | 3.6 | 2.83 | South Shear | ||||
576.5 | 479.8 | 3.3 | 2.34 | South Shear | ||||
591.7 | 594.3 | 2.6 | 2.71 | South Shear | ||||
17315-20-122 | 115 | -50 | 264 | 121.3 | 125.3 | 4.0 | 2.07 | West Shear |
169.5 | 173.7 | 4.2 | 2.54 | West Shear | ||||
170.9 | 172.3 | 1.5 | 5.93 | West Shear | ||||
17315-20-123 | 180 | -85 | 408 | 327.0 | 333.0 | 6.0 | 3.44 | West Shear |
17315-20-124 | 180 | -85 | 402 | 375.0 | 376.5 | 1.5 | 27.20 | West Shear |
17315-20-125 | 115 | -50 | 447 | 373.9 | 375.0 | 1.1 | 4.56 | West Shear |
411.2 | 413.5 | 2.3 | 2.27 | West Shear | ||||
17315-20-126 | 180 | -85 | 444 | No significant result | ||||
Hole Number | Azimuth (°) | Dip (°) | Hole Length | From (metre) | To (metre) | Length* (metre) | Au** (g/t) | Comment |
17315-20-127 | 180 | -85 | 510 | 160.5 | 165.0 | 4.5 | 2.34 | West Shear |
278.0 | 281.0 | 3.0 | 3.08 | West Shear | ||||
438.0 | 439.5 | 1.5 | 4.58 | West Shear | ||||
17315-20-129 | 180 | -85 | 555 | 442.9 | 444.4 | 1.5 | 3.66 | West Shear |
496.1 | 497.5 | 1.4 | 6.27 | West Shear | ||||
17315-20-130 | 180 | -85 | 345 | 322.5 | 327.0 | 4.5 | 1.33 | West Shear |
17315-20-131 | 180 | -60 | 327 | 106.0 | 109.5 | 3.5 | 1.85 | West Shear |
17315-18-068-Ext | 180 | -85 | 504 | 275.0 | 276.0 | 1.0 | 62.44 | West Shear |
* Reported length measured along the hole.
** Au uncapped
Source:
2020 GlobeNewswire, Inc., source