Amex Exploration Inc. Appoints Kelly Malcolm as Vice President Exploration; Provides Exploration Update
The company is also announced that ongoing drilling of the High Grade Zone of the Eastern Gold Zone continues to intersect visible course gold mineralization while testing the lateral extents and orientation of the High Grade Zone. The Company will announce assay results once they have been received and reviewed. The High Grade Zone is hosted within a quartz vein that occurs at the contact of a regionally extensive rhyolite package and a narrow mafic intrusion. The quartz vein can occur at the upper and/or lower contact of the intrusion. Coarse gold mineralization occurs most often in association with sphalerite but also as free gold within quartz or at the margins of pyrite grains. As of the company's most recent press release on February 4th 2019, the zone has been intersected in the same section over a vertical distance of approximately 150 metres pierce point to pierce point with a spacing varying from 25 to 50 metres. The High Grade Zone extends to a depth of approximately 275 metres below surface and remains open at depth and on strike. The current drilling program consists of approximately 3,000 metres testing the orientation, lateral extent, depth extent, and continuity of the High Grade Zone of the Eastern Gold Zone.