2016 Winter Drilling Results at Amex's Perron Property 2016-06-29
MONTREAL, CANADA--(Marketwired - June 29, 2016) - Amex Exploration Inc. (TSX VENTURE:AMX) ("Amex") is pleased to announce that Agnico Eagle Mines Limited (TSX:AEM)(NYSE:AEM) ("Agnico Eagle") has recently informed Amex of the 2016 winter drilling results at Amex's Perron property as scheduled (see PR-2016-05-16). This winter work program consisted of nine drill holes (with two others holes, ie # 163-16-025 and -032, that were abandoned due to poor ground condition) totalling 4,646 metres followed by eight downhole PULSE-EM (in holes # 163-16-024, -026, -028 to -031 and -033 to -034; results and interpretation still pending). A total of 1,368 samples were taken and analysed for their metal content (Au, Ag, Cu, Zn) and 141 others were analysed for lithogeochemistry. This latest phase of drilling program was to test the Normetal Mine Horizon over a strike length of approximately 3.5 km and also the target area located approximately 700 metres to the south inside the Beaupré Bloc. Table 1 reports the best drill holes intersects.
2016 Winter Drilling Program Completed at Amex's Perron Property 2016-05-16
MONTREAL, CANADA--(Marketwired - May 16, 2016) - Amex Exploration Inc. (TSX VENTURE:AMX) has been informed by Agnico Eagle Mines Ltd (TSX AEM)( NYSE:AEM) "Agnico Eagle" that it has completed its winter exploration program on Amex 100% owned Perron Property as planned and announced in January 2016 (see PR2016-01-25). The Perron project is located approximately 8 km northwest of the village of Normetal, and approximately 110 kilometers North of the town of Rouyn-Noranda in the Abitibi region of Quebec.
Amaruq, Canada: 32m (true width) grading 8.8g/t Au from 289m depth (AMQ16-601) 2016-04-29
Agnico Eagle to Begin Winter Drilling at Amex's Perron Property 2016-01-26
MONTREAL, CANADA--(Marketwired - Jan. 26, 2016) - Amex Exploration Inc. (TSX VENTURE:AMX) is pleased to announce that Agnico Eagle Mines Ltd (NYSE:AEM)(TSX:AEM) "Agnico Eagle" has initiated a new phase of exploration works on Amex 100% owned Perron Property following the recently announced amended option agreement (see PR2015-12-22). This phase of work consists of 9 proposed drill holes totalling about 4700 meters of drilling with combined down hole pulseEM geophysical surveys on two defined target areas.
Agnico Eagle and Amex Exploration Admending the Perron Option Agreement Dated June 2013 2015-12-22
MONTREAL, QUEBEC--(Marketwired - Dec. 22, 2015) - Amex Exploration Inc. (TSX VENTURE:AMX) ("Amex" or the "Corporation") is reporting that it has signed with Agnico Eagle Mines Limited (NYSE:AEM)(TSX:AEM), ("Agnico") a third amendment to the option agreement dated June 21, 2013 (as amended, the "Option Agreement") which provides for Agnico to earn a 51% interest in the Perron property (see PR2013-06-21).
General 2015-05-10The Eagle Mine was discovered in 1962 by Equity Explorations Ltd which drilled a coincident EM and magnetic anomaly while searching for base metal massive sulphides. From 1966 to 1970, Eagle Gold Mines (formerly Equity) drilled the property trying to outline a minable gold deposit. In 1974, the Eagle Mine came into production with the first gold bar being poured in February 1974. In 1982, a second shaft was sunk to the southeast of the Eagle shaft in order to mine the Telbel section of the deposit. Mining ceased in 1992 on the Eagle deposit and in 1994 on the Telbel deposit. A total of 32 tons of gold (1 million oz) were mined. The average grade of the deposits was 6.68 g/t (0.21 oz/t).
Nearby Location News
Galway Metals Files Estrades NI 43-101 Resource Update; Clarence Stream Drilling Begins 2016-10-03
TORONTO, ONTARIO--(Marketwired - Oct. 3, 2016) - Galway Metals Inc. (TSX VENTURE:GWM) (the "Company" or "Galway") is pleased to announce that it has filed on SEDAR an updated NI 43-101 resource update, prepared by Roscoe Postle Associates (RPA), on its wholly-owned 14,854 hectare Estrades property in the Abitibi region of western Quebec. As reported when Galway announced its acquisition of the former producing, high grade Estrades mine, and as seen in Table 1 below, the resource contains Indicated Resources of 1,300,000 tonnes grading 3.9 g/t Au, 137.9 g/t Ag, 8.0% Zn, 1.1% Cu, and 0.65% Pb, plus Inferred Resources of 1,219,000 tonnes grading 1.5 g/t Au, 68.6 g/t Ag, 4.3% Zn, 1.5% Cu, and 0.26% Pb (refer to the August 18, 2016 press release and presentation for details).
Galway Metals Consolidates the Estrades Mining District, Provides an Updated NI 43-101 Estrades Resource Estimate and Consolidates 31 km of Strike Along the Adjacent Casa Berardi Break 2016-08-18
TORONTO, ONTARIO--(Marketwired - Aug. 18, 2016) - Galway Metals Inc. (TSX VENTURE:GWM) (the "Company" or "Galway") is pleased to announce that it has acquired an undivided 100% ownership interest in the former producing, high grade Estrades mine, related Newiska concessions, and adjacent Casa Berardi claims in western Quebec, Canada, located approximately 95 km north of the town of La Sarre. The claims are largely contiguous and comprise 14,854 hectares, or 36,689 acres. Galway recently commissioned Roscoe Postle Associates (RPA) to provide an updated NI 43-101 compliant Estrades resource estimate, which included Indicated Resources of 1,300,000 tonnes grading 8.0% Zn, 3.9 g/t Au, 1.1% Cu, 137.9 g/t Ag, and 0.65% Pb, plus Inferred Resources of 1,219,000 tonnes grading 4.3% Zn, 1.5 g/t Au, 1.5% Cu, 68.6 g/t Ag, and 0.26% Pb. Please see Figure 1 and Galway's Estrades presentation for more details.
Xmet Completes Initial Diamond Drill Program on Grasset Project 2015-04-09
TORONTO, ONTARIO--(Marketwired - April 9, 2015) - Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE:XME) is pleased to report that it has completed the initial phase of the diamond drilling program on its wholly-owned Grasset Property, located along the eastern extension of the Detour-Sunday Lake deformation zone in the highly prolific Abitibi Mining District of Quebec.
Xmet Provides Grasset Drilling Update, Expands Program 2015-03-16
TORONTO, ONTARIO--(Marketwired - March 16, 2015) - Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE:XME) is pleased to announce that it thus far completed drilling eight holes on its Grasset Project out of the ten holes originally planned. Three of these holes encompassing approximately 460 metres have been cut and sent to the lab for assays. The remaining completed holes are being cut and processed and will be sent for assays in the near future.
Production Report 2015 0000-00-00Market News alert Glencore PLC