TSX-V: BMEX - FSE: 8M0

BMEX Gold

King Tut Gold Property

King Tut Highlights

Located in Abitibi Gold Belt, a region of Canada that extends from Wawa, Ontario to Val-d'Or, Quebec. An established gold mining district having produced over 100 mines, and 170 million ounces of gold since 1901.

  • 120 mineral claims 
  • 5,333 hectares / ~53.33km².
  • Historical results in the range of 75.69 g/t Au over 1.00 m.

Location Highlights

  • East of King Tut is Vior with it Ligneris Project showing high grade gold.

  • 65 km’s East of Amex Exploration’s Perron property, with a 300,000 m drill program, making Amex’s drilling campaign one of the largest and most aggressive exploration programs in Canada to date.

  • BMEX completed an inaugural 4,500 m drill program on King Tut during the first half of 2021. Almost every hole returned anomalous gold values related to quartz-carbonates veining, indicating that a hydrothermal gold-bearing system is hosted.

EXPLORATION

Project History

  • Discovered in 1945 (lots 28 & 29 – carbonatized shear zone cut by auriferous quartz stringers mineralized with pyrite and minor chalcopyrite).
  • Placer Dome, which conducted a 307 m diamond drill program that included positive gold grades.
  • Operated by Continental Diamond Drilling 9,500 feet of diamond drilling.
  • Falconbridge & Barrick Gold (Lac Minerals) from 1985-90 did an extensive drilling program on the property. Historical drilling of King Tut showed 75.69 g/t Au over 1.00 m.

H1 2021 Drill Program

  • BMEX completed inaugural 4,500 m drill program, H1 2021.
  • Almost every hole returned anomalous gold values related to quartz-carbonates veining, indicating that a hydrothermal gold-bearing system is hosted within the immediate area
  • Significant result of 81.89 g/t Au over 0.45 meter has been intersected during this program.

H2 2021 Drill Program – Luxor Gold Zone Discovery

Significant grades include 7.07 g/t Au over 1.00 m from drill hole TUT-21-032 in a newly discovered gold zone (the Luxor Gold Zone) and 7.61 g/t Au over 0.75 m within the known mineralized area from drill hole TUT-21-023. All assays from the Fall 2021 drill campaign at King Tut have been received and reported.

TUT-21-032, which returned the above-mentioned promising grades of the campaign (Luxor gold zone), is located 700 m South-West from the King Tut showing, along the Main King Tut trend. This drill hole is isolated and thus defines a new gold zone (Luxor Zone) on its own. Gold in TUT-21-032 is associated to a silicified tourmaline-carbonate-pyrite brecciated zone which marks the contact between relatively ductile tuffs and more competent andesitic unit. Fall 2021 drill holes in the heart of the known King Tut showing delivered several similar gold-bearing geological conditions to TUT-21-032. Every drill hole along the Main King Tut Trend intersected evidence of an intense deformation corridor: intensely sheared zones, complex folding of S1 and pervasive sericite-carbonate-silica alterations. TUT-21-032 also cuts a West-South-West lineament interpreted from the magnetic susceptibility maps. Hence, this drill hole, being isolated but potentially cross-cutting two major structures and exhibiting typical gold-bearing hydrothermal mineralization known in greenstone belts, represents a highly prospective discovery for the Company.

LATEST NEWS FOR KING TUT

BMEX Gold Discovers Luxor Gold Zone at King Tut and Announces its 2022 Exploration Program for King Tut and Dunlop Bay Properties

Vancouver, British Columbia--(Newsfile Corp. - April 26, 2022) - BMEX Gold Inc. (TSXV: BMEX) (OTCQB: MRIRF) (FSE: 8M0) ("BMEX" or the "Company") is pleased to announce the results of its Fall 2021 drilling campaign at King Tut Gold Project ('King Tut" or the "Project") in the Abitibi region, Québec, Canada. Significant grades include 7.07 g/t […]

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BMEX Gold Completes Phase 2 Drill Program on King Tut Announces Grant of Stock Options and RSUs

Vancouver, British Columbia--(Newsfile Corp. - December 16, 2021) - BMEX Gold Inc. (TSXV: BMEX) (FSE: 8M0) ("BMEX" or the "Company") is pleased to announce the completion of a 3,000-metre Phase 2 drill program on the King Tut Project located in the Abitibi Gold Belt. The program consisted of drilling 17 holes (see Figure 1) utilizing […]

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BMEX Commences Phase 2 Drill Program on King Tut

Vancouver, British Columbia--(Newsfile Corp. - November 18, 2021) - BMEX Gold Inc. (TSXV: BMEX) (FSE: 8M0) ("BMEX" or the "Company") is pleased to announce a 3,000-metre Phase 2 drill program on the King Tut project. BMEX conducted a drone magnetic survey on the property as a follow up to the inaugural 4,500-metre drill program which […]

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BMEX Gold Announces Exploration Program for Second Half of 2021, Appoints Robert Pryde as President and Provides Corporate Update

Vancouver, British Columbia--(Newsfile Corp. - August 4, 2021) - BMEX Gold Inc. (TSXV: BMEX) (OTCQB: MRIRF) (FSE: 8M0) ("BMEX" or the "Company") is pleased to announce the details of its exploration plans for H2 of 2021 on its King Tut Property and Dunlop Bay Property. The company is fully funded for its 2021-2022 exploration programs. […]

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RETRANSMISSION: BMEX Gold Intersects High-Grade up to 81.89 g/t Au over 0.45 Metres at King Tut

Vancouver, British Columbia--(Newsfile Corp. - June 14, 2021) - BMEX Gold Inc. (TSXV: BMEX) (OTCQB: MRIRF) (FSE: 8M0) ("BMEX" or the "Company") is pleased to announce that diamond drill hole TUT-21-018 has intersected visible gold assaying 81.89 g/t Au over 0.45 metres at its King Tut Gold Project ("King Tut" or the "Project"), located in […]

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