BMEX Gold Inc (TSX-V:BMEX) told investors that a recently completed exploration program at its Dunlop Bay project in Quebec has "exceeded" expectations ahead of this Fall's drilling program.
The field work was designed to validate the presence and location of historical mineralization; enhance the understanding of the various structural and geological controls to help design drilling; find the continuity of existing mineralization; and to discover new showings.
"I am very pleased with the quality of work to date on the Dunlop Bay project," said Robert Pryde, the CEO of BMEX Gold, in a statement.
"We combed through a lot of data to identify the best gold and VMS exploration opportunities on this project and our field program has validated our analysis," he added.
"We have identified the mineralized veins as well as historical drill hole collars and what we are seeing exceeded our expectations and gives us added confidence in our upcoming drill program."
READ: BMEX Gold reviews Dunlop Bay ground electro magnetic survey results and kicks off field campaign
Previous data at Dunlop Bay had showed high-grade surface gold mineralization including at the Bella vein, where grab samples returned up to 273.71 grams per ton (g/t) gold, and BMEX has now validated the location of mineralization highlighted in previous work at the Bella, Omela, Edith, Rollande, Venus and Galena veins.
These veins are hosted along a WNW-trending corridor, it said, adding that it took several samples from each mineralized zone.
"The summer field work suggests that the structures encountered continue eastward of the Dunlop Bay showing with a possible untested link between Bella and Omala veins," said BMEX.
Other findings included that historical drill collars were identified at Dunlop Bay, which will allow for more precision on the upcoming diamond drill program.
Junior explorer BMEX has 100% interest in two projects in the prolific Abitibi greenstone belt.
Its King Tut project consists of 120 contiguous claims over 5,206 hectares and lies 65km east of Amex Exploration's Perron property.
Dunlop Bay consists of 76 mineral claims that cover 4,226 hectares.
Contact the writer at giles@proactiveinvestors.com