QMX Gold drills 83.8 m of 1.9 g/t Au at Bon­ne­fond

Stockwatch Daily - - MINES & METALS - Mr. Brad Humphrey re­ports

QMX GOLD Corp. has re­leased as­say re­sults from the sec­ond hole in a 4,500-me­tre drill pro­gram tar­get­ing the Bon­ne­fond South tonalite plug on the east side of QMX Gold’s ex­ten­sive land pack­age in Val d’Or, Que.

High­lights in­clude:

• The sec­ond hole in­ter­sected the tonalite plug from the bedrock in­ter­face at 71.8 me­tres, down to a hole depth of 155.6 me­tres. The en­tire in­ter­val demon­strated al­ter­ation and vein­ing typ­i­cal of the min­er­al­ized zone and as­sayed 1.9 g/t gold over 83.8 me­tres (core length).

• Within this in­ter­val, a sheared mafic dike re­turned 4.9 grams per tonne gold over 10.2 me­tres from 95.8 me­tres to 106.0 me­tres.

• Four shear zones were also in­ter­sected within the foot­wall vol­canic rocks be­low the Bon­ne­fond South plug. The shears are sim­i­lar to those en­coun­tered in the first hole of this pro­gram (press re­lease: Sept. 13, 2017) with as­say re­sults of up to 7.0 g/t gold over 2.8 me­tres.

• Eight holes for 3,807 me­tres have been com­pleted to date, as­says for holes 3 through 8 are pend­ing.

(See QMX Ta­ble 1 on page 18)

“Drilling on our Val d’Or min­ing camp prop­erty con­tin­ues to yield strong re­sults. Com­bin­ing th­ese ini­tial re­sults on Bon­ne­fond South with the dis­cov­er­ies an­nounced ear­lier in 2017, our team is prov­ing its abil­ity to suc­cess­fully iden­tify, eval­u­ate and tar­get prospec­tive ar­eas across our large land pack­age in the heart of the Val d’Or min­ing district,” com­mented Brad Humphrey, pres­i­dent and chief ex­ec­u­tive of­fi­cer. “The Bon­ne­fond South drill pro­gram is suc­cess­fully achiev­ing its three pri­mary goals: con­firm AUR Re­sources’ re­sults within the plug, al­low us to use down­hole core-ori­en­ta­tion tools and test for the ex­ten­sion of min­er­al­iza­tion out­side of the plug. The re­sults to date have ex­ceeded our ex­pec­ta­tions.”

“The first two QMX drill holes con­firm good con­ti­nu­ity in widths and grades between the wider-spaced his­tor­i­cal holes. Fur­ther drilling and the use of ori­ented drill core will al­low us to bet­ter de­fine the po­ten­tial for ex­ten­sions of both the tonalite plug and min­er­al­iza­tion,” stated David Rigg, se­nior vice-pres­i­dent, ex­plo­ration.

We seek Safe Har­bor.

Erika Flores con­densed this news re­lease (erikaf@stock­watch.com).

Stephane Amireault, Bradley Dean Humphrey, Ray­mond Bruce Humphrey, Chan­tal Lavoie, Fred­eric Wil­fred Roger Sr Leigh, Brett New, Steve No­tis, David Michael Rigg

(QMX) Shares: 141,355,792

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