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     478  0 Kommentare Exploration Drilling Intersects Mineralization on Bonnefond South Plug - Seite 2

    The first two holes have encountered shear and tension veining within intrusive rocks at depths and intervals projected from adjacent historic drill holes. Veins are typically quartz-tourmaline. Samples from core have been submitted for analysis. Assay results are expected in three to four weeks. The veins are associated with strong wall rock alteration and bleaching. Structural work is progressing.

    A Phase II drilling program is being developed to validate lateral and depth extensions of this gold system, particularly the eastern extension of the historical intersection of 12 g/t Au over 12 meters. This program will commence once the Phase I program is completed and has been evaluated.

    "Our team is very eager to complete this phase of drilling on the Bonnefond South Plug and test our interpretation of the gold system. So far, the drilling has been very encouraging. At the same time, we continue to systematically prepare future drill targets on priority zones to build on our recent successes in this highly prolific region," stated Brad Humphrey, President and CEO.

    Qualified Persons

    The scientific and technical content of this press release has been reviewed, prepared and approved by Mr. David Rigg, P.Geo, Senior Vice President Exploration, who is a "Qualified Person" as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").

    About QMX Gold Corporation

    QMX Gold Corporation is a Canadian based resource company traded on the TSX-V under the symbol "QMX". The Company was recently restructured and is now systematically exploring its extensive property position in the Val d'Or mining camp in the Abitibi District of Quebec. QMX is currently drilling on the Bonnefond South Plug and is evaluating its recent discoveries on the Southwestern and Beacon Zones in order to set follow up drill targets. In addition to its extensive land package, QMX owns the Aurbel gold mill.

    Cautionary Note Regarding Forward-Looking Information:

    This press release contains or may be deemed to contain "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding the future plans, operations and activities, projected mineralization, receipt of required permits and the ability of the Company to continue as a going concern. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, its properties and/or its projects to be materially different from those expressed or implied by such forward-looking information, including but not limited to those risks described in the disclosure documents of the Company filed under the Company's profile on SEDAR. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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    Verfasst von Marketwired
    Exploration Drilling Intersects Mineralization on Bonnefond South Plug - Seite 2 TORONTO, ONTARIO--(Marketwired - July 27, 2017) - QMX Gold Corporation ("QMX" or the "Company") (TSX VENTURE:QMX) is pleased to provide an update on the ongoing diamond drill program targeting the Bonnefond South Plug on the east side of QMX Gold's …