Posted in | Gold | Discoveries

Agnico Eagle Commences Drilling on Normetal Mine Horizon at Amex's Perron Property

Amex Exploration Inc. is pleased to announce that Agnico Eagle Mines Ltd "Agnico Eagle" has started a follow-up drilling on the Normetal mine horizon mineralisation outlined in their previous phase of drilling.

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.


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