QMX Gold Corporation released further assay results from the Winter 2020 infill drilling program from the Bonnefond Deposit (Table 1). The Bonnefond Deposit is located in the Val d’Or East Zone of QMX’s extensive land package in Val d’Or, Quebec. The six drill holes included in this batch of assays are located in the eastern half of the Bonnefond deposit and targeted the series of shear zones located to the south and north of the tonalite. The drilling campaign successfully achieved its objective to test the extension and grade continuity of the mineralized shears east of the intrusive. All of the drill holes intersected mineralization close to surface. Drill holes 109, 110 and 112 tested only shear zones located south of the intrusive and returned grades of 6.02g/t Au over 4.0m, 3.54g/t Au over 6.0m and 21.29g/t Au over 4.5m. Drill holes 113, 115 and 118 intersected shear zones located to the north of the intrusive and within the current pit-shell, returning 4.75g/t Au over 7.0m, 3.73g/t Au over 4.5m and 3.48g/t Au over 2.6m. In all shears, gold grades are associated with quartz veins and sericite–albite–fuschite alteration. These new results support the grade continuity and the prospectively of the Bonnefond shear system, which remains open to the east and west. Current Exploration Drilling: With the Bonnefond Deposit infill drilling campaign complete, QMX is now in the process of updating the 2019 43-101 resource estimate and has commenced a 10,000m exploration program on Bonnefond to test for new mineralized shear zones north of the current pit shell. Drilling results, compilation and close-by projects suggest the currently known series of shear zones could extend further north on the Bonnefond property. This first phase of drilling on the River Target will consist of at least 5,000m. The planned reconnaissance drilling program on the Poulmaque Target, located on the eastern side of the Bourlamaque batholith, will begin in the coming weeks, once the drill pads are permitted.