Dec 7 2016
QMX Gold Corporation ("QMX" or the "Company") (TSX VENTURE:QMX) is pleased to announce that initial drill permits have been received for the Phase I drilling program on the Southwestern Zone of its Val d'Or Mining Camp property in Quebec. Orbit Garant Drilling Inc. is currently operating one drill on the property, and will be adding a second one later this week.
The initial phase of drilling, up to 4,000 metres, will focus on prospective gold showings and structures in the Southwestern portion of the property. This campaign will test the potential eastward extension of gold mineralization from Integra Gold's Lamaque South property (see Figure 1). A follow up program will be designed in early January based on the results of this Phase I drilling and a recently completed IP survey.
Given QMX's extensive land package, the Company is taking a systematic approach. Following a review of historical work and gold showings, the Southwestern Zone was selected as a first priority. However, this process highlighted multiple areas of interest, which have been prioritized with geological and structural compilations underway in preparation for future drilling campaigns.
Figure 1 - Southwestern Target Area: http://media3.marketwire.com/docs/1079065e_MAP.pdf
"QMX has undergone a substantial turnaround in 2016, financially placing the Company in a solid position to commence this initial drilling campaign," commented Brad Humphrey, President and CEO of QMX. "We are excited to begin our first phase of drilling in Val d'Or and plan to continue to systematically explore prospective gold targets across our extensive land package."
Source: http://www.qmxgold.ca/