QUEBEC – Agnico Eagle Mines of Toronto has finished its winter drilling program on the Perron property 8 km northwest of the village of Normetal, about 110 km north of Rouyn-Noranda. The property is optioned from Amex Exploration of Montreal.
The main target area was new mineralization intersected in earlier drilling on the Normetal mine horizon (NMH). Values of 0.17% Cu, 1.62% Zn, 6.28 g/t Ag and 0.22 g/t Au over 2.1 metres were assayed from hole 164-15-023. Information from eight holes drilled along 6 km of the NMH determined that the mineralization lies within the same intermediate lapilli-tuff unit that is similar to the former mine.
A single hole tested a target 700 metres south of the first target area in a different, gold rich stratigraphic unit. Hole 63-15-21 returned 9.45 g/t Au, 2.60 g/t Ag, 300 ppm Cu and 1,100 ppm Zn over 0.8 meters within a broader silicified and sericitized altered zone that returned 1.70 g/t Au, 0.58 g/t Ag, 87 ppm Cu and 557 ppm Zn over 5.5m.
More information about the Perron project is available in Amex’s November 2015 corporate presentation at www.AmexExploration.com.