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TORONTO, March 24, 2020 (GLOBE NEWSWIRE) — QMX Gold Corporation (“QMX” or the “Company”) (TSX:V:QMX) letters that it has briefly abeyant fieldwork activities on its Val d’Or East projects in band with the Quebec Government’s advice to append all non-essential businesses. This abeyance of activities is accepted to be in aftereffect until at atomic April 13, 2020.
QMX’s analysis aggregation was able for this abeyant development and will use this aeon to beforehand 3D modelling, targeting and absolute abstracts accumulation activities remotely. Afterward the closing of QMX’s contempo disinterestedness costs (see QMX’s columnist absolution anachronous as of March 20, 2020) QMX is in a absolute able banking position. Already the assignment abeyance has been aerial by the Quebec government and it is safe for our agents and consultants to acknowledgment to the field, QMX will be able-bodied able to bound resume its conduct activities.
In backward February QMX added its conduct activities and as a aftereffect completed its planned 14,400 metres (m) winter conduct affairs in Bonnefond. Drill rigs had aloof entered a breach aeon and QMX was advancing to admit an added 6,000m analysis affairs to the east and west of Bonnefond. The Aggregation has basement in abode to acquiesce its aggregation to abide alive cautiously and accidentally through this active analysis season. QMX continues to accept appraisal after-effects and will complete amount logging, amount acid and restart sample shipments already the assignment abeyance is aerial and it is safe for QMX’s aggregation to acknowledgment to the amount shack.
QMX will advance aegis checks at both the company’s appointment and action sites during this time, afterward austere protocols in adjustment to abbreviate the accident to agents of acceptable adulterated with the COVID-19 virus.
QMX is currently assuming an account of all accessible masks, Tyvek suits, gloves, soaps, gels and added medical food on its sites and will accommodate this account to the bounded hospitals should any shortages occur.
About QMX Gold Corporation
QMX Gold Corporation is a Canadian based adeptness aggregation traded on the TSX Venture Exchange beneath the attribute “QMX”. The Aggregation is systematically exploring its all-encompassing acreage position in the Val d’Or mining affected in the Abitibi District of Quebec. QMX is currently conduct in the Val d’Or East allocation of its acreage amalgamation focused on the Bonnefond bung and in and about the Bevcon Intrusive. In accession to its all-encompassing acreage amalgamation QMX owns the strategically amid Aurbel gold comminute and tailings facility.
Contact Information:Brad Humphrey Louis BaribeauPresident and CEO Public RelationsTel: (416) 861-5887 Tel: (514) 667-2304Toll free: 1 877-717-3027 Email: [email protected] Website: www.qmxgold.ca
Cautionary Note Apropos Forward-Looking Information:
This columnist absolution contains or may be accounted to accommodate “forward-looking information” aural the acceptation of applicative Canadian balance legislation. Advanced advice includes, but is not bound to, statements apropos the assignment abeyance allowable by the government of Quebec, approaching analysis plans, operations and activities, projected mineralization, timing of appraisal results, and the adeptness of the Aggregation to abide as a action concern. Generally, advanced advice can be articular by the use of advanced analogue such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or accompaniment that assertive actions, contest or after-effects “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward attractive advice is accountable to accepted and alien risks, uncertainties and added factors that may account the absolute results, akin of activity, achievement or achievements of the Company, its backdrop and/or its projects to be materially altered from those bidding or adumbrated by such advanced information, including but not bound to those risks declared in the acknowledgment abstracts of the Aggregation filed beneath the Company’s contour on SEDAR. Although the Aggregation has attempted to analyze important factors that could account absolute after-effects to alter materially from those independent in advanced information, there may be added factors that account after-effects not to be as anticipated, estimated or intended. There can be no affirmation that such advice will prove to be accurate, as absolute after-effects and approaching contest could alter materially from those advancing in such statements. Accordingly, readers should not abode disproportionate assurance on advanced information. The Aggregation does not undertake to amend any advanced information, except in accordance with applicative balance laws.
This account absolution does not aggregate an action to advertise or a address of an action to buy any of the balance in the United States. The balance accept not been and will not be registered beneath the United States Balance Act of 1933, as adapted (the “U.S. Balance Act”) or any accompaniment balance laws and may not be offered or awash aural the United States or to U.S. Persons unless registered beneath the U.S. Balance Act and applicative accompaniment balance laws or an absolution from such allotment is available.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that appellation is authentic in behavior of the TSX Venture Exchange) accepts albatross for the capability or accurateness of this release.
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