Cartier Drills 3.2 g/t Au over 15m on Globex’s Nordeau West Royalty Claims
03 Août 2023 - 3:01PM
GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock
Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich,
Tradegate, Lang & Schwarz, LS Exchange, TTMzero,
Düsseldorf and Quotrix Düsseldorf Stock
Exchanges and GLBXF – OTCQX
International in the US) is pleased to inform shareholders
that
Cartier Resources Inc. (ECR-TSXV) has
reported new assays from drilling on their Chimo Gold Mine property
located approximately 50 kilometres southeast of Val-d’Or, Quebec
in Vauquelin township (NTS 32C03).
Globex retains a 3%
Gross Metal Royalty on the Nordeau West claims and a large package
of gold bearing claims further to the east.
Cartier reported the following:
“West Nordeau Sector: Drilling intersected new
values of 3.2 g/t Au over 15.0 m including 6.0 g/t Au over
3.0 m, as well as 2.3 g/t Au over 7.0 m including
6.9 g/t Au over 1.0 m. These new results, located between
450 m and 575 m depth, increase the depth extension of the 5NE2
Gold Zone by 175 m.”
“The lengths of the mineralized intersections
are expressed as lengths measured along the drill core. The
estimated true thickness of the mineralized intersections
represents approximately 75 to 95% of the measured
length.” (See Cartier Resources Inc. Press Release
dated July 13, 2023).
The Chimo Mine Gold System Longitudinal
Composite Section below published by Cartier shows the current
drill results and placement of the Nordeau West royalty claims.
This press release was written by Jack Stoch, Geo.,
President and CEO of Globex in his capacity as a Qualified Person
(Q.P.) under NI 43-101.
We Seek Safe Harbour. |
Foreign Private Issuer 12g3 – 2(b) |
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CUSIP Number 379900 50 9LEI 529900XYUKGG3LF9PY95 |
For further information, contact: |
Jack Stoch, P.Geo., Acc.Dir.President & CEOGlobex Mining
Enterprises Inc.86, 14th StreetRouyn-Noranda, Quebec Canada J9X
2J1 |
Tel.: 819.797.5242Fax: 819.797.1470 info@globexmining.com
www.globexmining.com |
|
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Forward Looking Statements:
Except for historical information, this news release may contain
certain “forward looking statements”. These statements may
involve a number of known and unknown risks and uncertainties and
other factors that may cause the actual results, level of activity
and performance to be materially different from the expectations
and projections of Globex Mining Enterprises Inc. (“Globex”).
No assurance can be given that any events anticipated by the
forward-looking information will transpire or occur, or if any of
them do so, what benefits Globex will derive therefrom. A
more detailed discussion of the risks is available in the “Annual
Information Form” filed by Globex on SEDAR at
www.sedar.com.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/946d558a-cbd1-4c88-a5b6-4c80674cde01
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