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Transaction Announcement Reports
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Project: | Francoeur Mine | |
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Deposit: | Francoeur, Arntfield | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 5/24/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 24-5-2019: Globex Mining Enterprises Inc. announces an Exploration/Drilling Update report for its Francoeur, Arntfield deposit at the Francoeur Mine project. Drilling results incl. 3.00m @ 2.45g/t Au. Rouyn-Noranda, Québec, Canada. GLOBEX MINING ENTERPRIS | |
Resources: | x | |
CP/QP: | [Overall Report]: Jack Stoch, Pierre Riopel (Internal) | |
ABSTRACT: | Rouyn-Noranda, Québec, Canada. GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1M – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz Stock Exchanges and GLBXF – OTCQX International) In March 2019 Globex drilled eight mainly shallow holes on the Francoeur/Arntfield property located approximately 20 km west of Rouyn-Noranda, Quebec in Beauchastel Township. The objective of the drilling was to follow-up on anomalies identified by a recent induced polarization survey undertaken by Globex south of the Francoeur-Wasa Fault. It was hoped that the anomalies were caused by sulphide mineralization, principally pyrite with gold, as had previously been discovered at the 450 Gold Zone and South Zone by surface stripping and channel sampling. Most of the drill holes intersected disseminated pyrite with gold values as follows | |
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