Inactive Instrument

QMX Gold Corporation

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QMX

CA74735D1087

QMX Gold Corporation Continues To Intersect Strong Mineralization at Bonnefond, Intersecting 39.5 g/t Au Over 2.4 Metres And 31.5 g/t Au Over 1.6 Metres

January 29, 2019 at 02:00 am EST

QMX Gold Corporation report the results from its on-going Bonnefond drilling program, on the Val d’Or East Zone of QMX’s extensive land package in Val d’Or, Quebec. These thirteen holes cover results from the first half of the on-going definition drilling program on the Bonnefond project. This program's goal is to support an initial resource estimate schedule for late Spring 2019. In the Tonalitic Plug (lengths are measured along the holes): Drill hole 17315-18-063 returned 1.97 g/t Au over 87.5m, including 3.31 g/t Au over 26.8m and 31.55 g/t Au over 1.6m. Drill hole 17315-18-067 returned 1.94 g/t Au over 143.7m, including 12.34 g/t Au over 8.1m. Drill hole 17315-18-072 returned 1.92 g/t Au over 147.6, including 5.11 g/t Au over 4.0m. Shear Zone in Volcanics (lengths are measured along the holes): Drill hole 17315-18-063 returned 9.01 g/t Au over 3.4m. Drill hole 17315-18-065 returned 11.95 g/t Au over 8.0m including 39.49 g/t over 2.4m, and 5.54 g/t Au over 1.4m, Drill hole 17315-18-069 returned 12.23 g/t Au over 3.2m and 4.35 g/t over 3.9m, Drill hole 17315-18-070 returned 7.20 g/t Au over 2.5m, Drill hole 17315-18-072 returned 1.69 g/t Au over 40.9m including 3.90g/t Au over 6.2m and 3.14 g/t au over 7.9m and Drill hole 17315-18-073 returned 6.06 g/t au over 5.0m. These results are part of a 50m x 50m infill drilling program on the western side of the Tonalite intrusion between the surface and 400m depth. This program successfully confirm and support the grades and the continuity of the mineralisation in the Bonnefond intrusive with intercepts returning 1.97 g/t Au over 87.5m, including 3.31 g/t Au over 26.8m and 31.55 g/t Au over 1.6m in drill hole 17315-18-063; 1.94 g/t Au over 143.7m, including 12.34 g/t Au over 8.1m in drill hole 17315-18-067 and 1.92 g/t Au over 147.6m in drill hole 17315-18-072. The average true width of the mineralized envelope is 60m and extends 300m east-west. QMX is currently drilling the last 2,500m of the definition drilling campaign to support an initial resource estimate scheduled for late Spring 2019. This program also confirmed the continuity and grade in the shear zones south of the Bonnefond intrusive close to surface. Results from this environment include 9.01 g/t Au over 3.4m in drill hole 17315-18-063 and 11.95 g/t Au over 8.0m including 39.49 g/t over 2.4m and 5.54 g/t Au over 1.4m in drill hole 17315-18-065. Drill hole 17315-18-072 intercepted 1.69 g/t Au over 40.9m including 3.90g/t Au over 6.2m and 3.14 g/t au over 7.9m in one of the shear zones to the north of the Bonnefond intrusion, increasing the potential in this area for the discovery of additional mineralized zones close to surface. QMX is currently drilling the last 2,500m of the definition drilling campaign to support an initial resource estimate scheduled for late Spring 2019.

Latest news about QMX Gold Corporation

QMX Gold Corporation(TSXV:QMX) dropped from S&P/TSX Venture Composite Index	21-04-12	CI
Eldorado Gold Corporation completed the acquisition of remaining 81.6% stake in QMX Gold Corporation .	21-04-06	CI
QMX Gold : Receives Court Approval for C$132 Million Sale to Eldorado Gold	21-04-01	MT
Qmx Gold Corporation Reports Earnings Results for the Full Year Ended December 31, 2020	21-03-25	CI
Eldorado Gold Corporation entered into a definitive arrangement to acquire remaining 81.6% stake in QMX Gold Corporation for CAD 95.3 million.	21-01-19	CI
QMX Gold : Up 5.6% as Releases Results of Deep Exploration Drilling Program at Bonnefond Deposit	21-01-14	MT
QMX Gold Brief: Up 8.3%, Was Higher As Intersects 196.6m at 1.78 g/t Au Including 5.45 g/t Au Over 33.5m In-Pit at Bonnefond	21-01-14	MT
QMX Gold Corporation Intersects 196.6m at 1.78 g/t Au Including 5.45 g/t Au Over 33.5m In-Pit at Bonnefond	21-01-14	CI
QMX Gold : Begins 35,000 Metre Winter Drilling Campaign	21-01-12	MT
QMX Gold Corporation Commences 35,000 Metre Winter Drilling Campaign Including at the Highly Prolific Bevcon Target	21-01-12	CI
QMX Gold : Up Nearly 10% Monday, Says Bonnefond Drilling Shows High-Grade Gold Mineralization	21-01-05	MT
QMX Gold Corporation Reports Results from the Ongoing Deep Exploration Drilling Program on the Bonnefond Deposit	21-01-05	CI
QMX Gold : Reports Increase in Resources at Bonnefond South Gold Property	20-12-02	MT
QMX Gold Corporation Reports 53% Increase in Indicated Resources and 100% Increase in Inferred Resources at Bonnefond	20-12-02	CI
Qmx Gold Corporation Reports Earnings Results for the Third Quarter Ended September 30, 2020	20-11-24	CI
QMX Gold Corporation Releases Results from the Ongoing Exploration Drilling Program on the River Target	20-10-22	CI
QMX Gold Corporation Expands Drilling Campaign to over 45,000 Meters by Year End and Provides an Update on its Current Exploration Activities	20-10-06	CI
QMX Gold Corporation Announces CFO Changes	20-09-17	CI
QMX Gold Continues to Expand Bonnefond Deposit Including 1.7 g/t Gold Over 78.5m and 40.5 g/t Gold Over 2.0m	20-09-17	CI
Qmx Gold Corporation Reports Earnings Results for the Second Quarter Ended June 30, 2020	20-08-19	CI
QMX Gold Corporation Releases Results from the Ongoing Exploration Drilling Program	20-08-18	CI
QMX Gold Corporation Releases Additional Assay Results from the Winter 2020 Drilling Program from the Bonnefond Deposit	20-07-28	CI
QMX Gold Corporation Reports Strong Results from Bonnefond Shear Zones	20-07-09	CI
QMX Gold Corporation Announces Its 2020 Summer Exploration Program	20-06-23	CI
Qmx Gold Corporation Reports Earnings Results for the First Quarter Ended March 31, 2020	20-05-26	CI

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QMX Gold Corp (QMX) is a Canada-based mining company that is engaged in exploration and mine development. The Company focuses on growing through the exploration, development and acquisition of mineral properties, directly and indirectly through joint ventures and other opportunities. It holds a property position with approximately 200 square kilometers in mining camps in the Abitibi District of Quebec, Canada. It operates in the mining regions in Val-d'Or, Quebec. QMX also focuses on identifying deposits for acquisition and development to replace the Lac Herbin Mine. It focuses on the exploration and evaluation of other gold and base metal projects within these regions. The Lac Herbin properties cover a total aggregate surface area of over 9,000 hectares. The Aurbel-Lac Herbin group of properties has over 400 claims, approximately four mining leases and a surface lease. It holds an interest in VMS properties. Its strategic investments are located in the Abitibi District of Quebec.

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