I think the Canadian diamond exploration is bankrupt.But there is a gold JR exploration boom happening right now.I have been a big supporter of Canadian diamond exploration in the past but when lab diamonds started to take market share from natural diamonds I lost my interest.Think about what would happen to the price of gold if it could be made in unlimited amounts in a lab.I have always shared my diamond picks here.But this is my top gold pick shot at world class status in 20/21.Just aheads up do your own DD:
Gold Summary for June 25, 2020 2020-06-25 17:38 ET - Market Summary by Stockwatch Business Reporter Jacques Trottier and Victor Cantore's Amex Exploration Inc. ( $AMX ), up 29 cents to $2.40 on 775,000 shares, has received assays of up to 28.97 grams of gold per tonne over 5.6 metres from the Eastern zone at its Perron project, near the Ontario border in northwestern Quebec. This hit, the company says, increases the bonanza-grade core of the High-Grade zone at Perron by another 75 metres. A second of the latest five holes yielded 9.46 grams per tonne over 7.7 metres in what is the most easterly hole drilled so far. That hit extends the strike length of the zone another 50 metres. Mr. Trottier, executive chairman, says that the results indicated the "continual growth and expansion" of the Eastern gold zone, adding that it is encouraging that the company is hitting very high grades of gold in the High-Grade zone at depth and along strike. Mr. Trottier is also "very pleased with the visuals" on the drill holes completed for metallurgy and he and his crew anxiously await the results. ("Eagerly" might be a better term than "anxiously," as all the pending holes in the High-Grade zone produced visible gold.) There will be plenty of assays to come in the months ahead, as Amex recently doubled the scope of its current drill program to 200,000 metres, work that will be handled by six rigs, up from the previous four. Two of those rigs will continue testing the depth extension of the High-Grade zone while another will test the near-surface potential of the Denise portion of the Eastern zone and a fourth will do large diameter drilling for metallurgical purposes. One of the new rigs will join the first two, testing the depth extension of the High-Grade zone, while the other will resume drilling of the Grey Cat and Gratien zones at the western end of the property. Drilling at Grey Cat and Gratien had been suspended earlier because of wet ground conditions, but the assays from those areas have been at least mildly encouraging. In mid-May, Amex received assays of up to 4.2 grams per tonne over four metres from Grey Cat, while in March, it hit 1.18 grams of gold per tonne over 9.2 metres at Gratien and 4.54 grams per tonne over 10.3 metres at Grey Cat.
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