QMX Gold Drilling Update on Bonnefond Deposit
QMX Gold Bonnefond DepositQMX Gold

QMX Gold Drilling Update on Bonnefond Deposit

QMX Gold Corporation has reported results from the ongoing deep exploration drilling program on the Bonnefond deposit. Drill hole 17315-20-155 was

QMX Gold Corporation has reported results from the ongoing deep exploration drilling program on the Bonnefond deposit. Drill hole 17315-20-155 was completed as part of a series of drill holes testing the potential of the deeper portion at Bonnefond. The Bonnefond deposit is located in the Val d’Or East Zone of QMX’s extensive land package in Val d’Or in Quebec. Vice President Exploration Dr Andreas Rompel said “We continue to develop a better mineralization model with every hole drilled at Bonnefond and we gain more knowledge about the mineralization at depth. After having drilled several successful deep holes, it is clear that the mineralization continues down plunge including several high-grade intervals.’’

Highlights

1.78 g/t Au over 196.6m, including 5.46 g/t Au over 33.5m within the 2020 Mineral Resource Estimate conceptual pit-shell

3.30 g/t Au over 9.5m, including 10.42 g/t Au over 2.0m at 380m

20.90 g/t Au over 1.7m at 520m

5.57 g/t Au over 3.1m at 550m

DDH 17315-20-155 confirms the previous results from DDH 121 and the potential of the Bonnefond deposit below the 2020 Mineral Resource Estimate conceptual pit-shell

The Bonnefond deposit comprises an intrusive body and series of shear zones transecting the intrusive and the surrounding volcanic series. The main part of the mineralization is hosted in the shear zones and is associated with quartz tourmaline veins, pyrite and strong sericite-albite-fuchsite alteration. In the tonalite, mineralized veins and veinlets extend outside of the shear envelops.

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