GOLD: QMX releases maiden resource for Bonnefond

QUEBEC – Toronto-based QMX Gold Corp. has released the maiden resource numbers for the Bonnefond property 25 km east of Val d’Or. […]

Topics

Commodities

Regions

Tags

Companies

QUEBEC – Toronto-based QMX Gold Corp. has released the maiden resource numbers for the Bonnefond property 25 km east of Val d’Or. The deposit contains an indicated resource of 4.8 million tonnes averaging 1.69 g/t gold for 258,700 oz. of gold and an inferred resource of 2.4 million tonnes at 1.87 g/t for 145,100 contained oz. The resources were estimated using a cut-off grade of 0.75 g/t gold in an open pit constrained configuration. The Bonnefond plug is a tonalitic intrusion in which gold is associated with shear and tensional quartz-tourmaline veining. Recent drilling returned 70.3 g/t gold over 2.3 metres and 1.7 g/t over 131 metres. The mineralized shear zone is open in all directions. QMX owns the Aurbel mill 15 km east of Val d’Or. It is currently operating under contract as a custom mill for other gold miners. The mill has a 1,200-t/d capacity and boasts conventional crushing, grinding, gravity, flotation and cyanide leach circuits. Please visit www.QMXgold.ca.

Comments

Your email address will not be published. Required fields are marked *