Not saying to buy or sell..
ProAm Explorations Corp (2) (C-PMX) - News Release
ProAm begins drill permitting at Jet property
2020-04-15 15:02 ET - News Release
Shares issued 7,953,785
PMX Close 2020-04-14 C$ 0.065
Mr. Donald MacDonald reports
PROAM BEGINS PERMITTING ON JET PROPERTY IN PREPARATION FOR DRILL PROGRAM
ProAm Explorations Corp. has begun permitting for the drilling of its Jet and Blue mineral claims, located 25 kilometres south of Wendover, Nev. These claims, totalling 640 acres (259 ha.), have returned 0.92% Copper (Cu), 0.005% Zinc (Zn), 0.79% Lead (Pb), 11.06% Barite (Ba), 32.46% Fluorite (F) and two oz. (56.7 grams) Silver (Ag) in sampling of a former quarry pit floor in the Blue No. 29 claim and its waste dumps. The property is accessible from Highway 93A; thence by roads/trails leading to the drill site which can be considered as brownfield exploration, facilitating the permitting process.
The original exploration of this site is believed to have occurred in the 1920s. New sampling of rhyolite dykes, stocks and plugs in the area are highly anomalous in copper (172.9 parts per million), zinc (76.3 parts per million), lead (54.9 parts per million), barium (1,133 parts per million), fluorite (1,150 parts per million) and silver (88 parts per billion) and are believed to be the sources of mineralization under the quarry pit floor.
In 2017 a gravity survey over the quarry outlined a significant excess of mass, which can be attributed to the presence of the Cu, Zn, Pb, Ba, F, and Ag mineralization below the surface. The objective of this drill program is to test the gravity high which infers potential mineralization well below the historic outcroppings.
Further announcements will be made on commencement of drilling and the results of this program.
The content of this news release has been authorized by Dr. D. L. Trueman, Ph.D, P.Geo; a qualified person in compliance with National Instrument 43-101.
GLTA
ron