Multiple Intersections of +2% Li2O Reported at Globex’s Lac Escale (Mirage) Royalty Property
19 Décembre 2023 - 8:59PM
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 update shareholders
on new assay results reported by
Brunswick Exploration Inc.
(BRW-TSXV, BRWXF-OTCQB) on Globex’s Lac Escale (Mirage) lithium
royalty property in the James Bay region of Quebec. As referenced
in Globex’s November 28, 2023 press release, Brunswick exercised
the 5-year Lac Escale property option 11 months after entering into
the agreement.
Brunswick has reported an additional 9 drill
holes which extend the strike length of the Mirage lithium
discovery (click to access previous press release) by 600 metres.
Previous drilling intersected three mineralized zones, the North,
Central and South Zones. Current reported assays are from the South
Zone, MR-4 Dyke. (Click here to access today’s Brunswick press
release).
High-grade intercepts
include:
Hole Number |
Core Length (m) |
Li2O% |
MR-23-26 |
10.6 m |
3.28% |
MR-23-19 |
14.0 m |
2.92% |
MR-23-16 |
13.4 m |
2.88% |
Most holes in the MR-4 dyke intersected
high-grade Li2O values of over 2% Li2O.
The following are 11 reported intercepts of 13
holes in the South Zone for which assays are available. Two holes
to the southwest did not intersect the MR-4 dyke but the presence
of a thin mineralized dyke indicates that the South Zone remains
open to the southwest.
Highlights from Maiden Drilling Program
at MR-4 as reported by Brunswick Exploration
Hole ID |
Zone |
Dyke |
From (m) |
To (m) |
Length (m) |
Li2O% |
Ta2O5 (ppm) |
MR-23-13 |
South |
MR-4 |
25.3 |
35.7 |
10.4 |
1.45 |
171 |
MR-23-14* |
South |
MR-4 |
46.5 |
62.7 |
16.2 |
2.75 |
98 |
MR-23-15 |
South |
MR-4 |
91.3 |
104.7 |
15.7 |
2.09 |
49 |
MR-23-16 |
South |
MR-4 |
95.9 |
109.3 |
13.4 |
2.88 |
86 |
MR-23-17 |
South |
MR-4 |
76.0 |
90.1 |
14.1 |
2.24 |
65 |
MR-23-18 |
South |
MR-4 |
87.8 |
100.1 |
12.3 |
2.06 |
112 |
MR-23-19 |
South |
MR-4 |
68.1 |
82.1 |
14.0 |
2.92 |
70 |
MR-23-20 |
South |
MR-4 |
76.9 |
84.4 |
7.5 |
1.55 |
97 |
MR-23-21 |
South |
MR-4A |
70.9 |
73.0 |
2.1 |
2.23 |
83 |
MR-23-25 |
South |
MR-4 |
44.7 |
53.6 |
9.0 |
2.57 |
77 |
MR-23-26 |
South |
MR-4 |
49.9 |
60.4 |
10.6 |
3.28 |
166 |
* Previously reported
True widths are estimated as 95% of reported
core lengths. Assays are pending for an additional 10 drill
holes.
Brunswick have indicated that they intend to
undertake an additional 15,000 metres of drilling in their next
exploration program.
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) |
|
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 |
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.
Globex Mining Enterprises (TG:G1MN)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Globex Mining Enterprises (TG:G1MN)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024