Amex Exploration Inc.

Amex Exploration Inc.

September 08, 2015 09:30 ET

Drilling of the Normetal Mine Horizon Resumes at Amex's Perron Property

MONTREAL, CANADA--(Marketwired - Sept. 8, 2015) - Amex Exploration Inc. (TSX VENTURE:AMX) ("Amex" or the "Corporation") is pleased to announce that Agnico Eagle Mines Ltd (TSX:AEM) (NYSE:AEM) "Agnico Eagle" has started a follow-up drilling on the Normetal mine horizon mineralisation outlined in their previous phase of drilling. (see PR-2015-06-16)

The objective of this additional drilling is to evaluate the potential extension of the polymetallic mineralization zone, that returned 2.23 % Cu, 0.11% Zn, 8.30 g/t Ag and 0.20 g/t Au over 1.0 meter, in hole 163-15-015, located within the Normetal Mine Horizon (NMH). This mineralization is hosted within a highly chloritized stratabound unit of tuffeceous material located between a unit of rhyolite and a unit of andesite of the NMH at the same stratigraphic position of the former producer Normetal Mine (historical lifetime production of 10.1 MT @ 2.15% Cu, 5.12% Zn, 0.55 g/t Au and 45.25 g/t Ag) situated at less than 3 km to the East of the property.

This new phase of work will consist of at least 2 drill holes totalling around 1,100 meters that will be testing at depth and laterally the mineralized intersect of hole 163-15-015 based on the geological and downhole geophysics interpretation done by Agnico Eagle exploration team. This program should be completed by the end of September.

Amex Exploration Inc. is a junior mining exploration company listed on the TSX Venture Exchange whose primary objective is to develop and bring into production viable gold and base metal deposits. Jacques Marchand, P.Eng. Geo., Qualified Person as defined by Canadian N43-101 has approved the technical information reported in this news release.

Forward-looking statements:

Except for statements of historical facts, all statements in this news release regarding, without limitation, new project acquisitions, future plans and objectives are forward-looking statements, which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; Actual results and future events could differ materially from those anticipated in such statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Jacques Trottier