Canamex Resources Corp. (TSXV:CSQ,OTCQX:CNMXF) announced that five reverse circulation drill holes at its Nevada-based Bruner gold project intersected disseminated gold mineralization.
As quoted in the press release:
The results indicate the drill holes intersected the upper part of a stockwork silica plus gold epithermal system, geologically above the primary level of gold mineralization that was intersected in drill hole B-1201. The rapid change in width and grade in intercepts within drill holes on section with B-1201 indicate a very quick transition downwards from narrow and low grades to wider and higher grades within tens to one hundred feet between B-1201 and adjacent holes. The increased width and grade between holes B-1203 and B-1204, and between B-1205 and B-1206, which are only tens of feet apart but on the same azimuths, confirm this interpretation of rapidly increasing gold mineralization with depth.
Greg Hahn, chairman and CEO of Canamex, commented:
We made a new discovery with drill hole B-1201, having nailed with that hole what we believe is a new deposit. We drilled holes B-1202 to B-1206 in the two weeks following completion of Discovery Drill Hole B-1201, prior to the Company receiving results from the first hole, to test a different target, yet we appear to have “kissed” the edges of a large system and the significantly higher-grade discovery made in B-1201 with these subsequent five holes. Based on the stellar results of B-1201, we have contracted for the immediate return of a drill rig to Bruner.