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Globex Mining Enterprises Inc.
Summary
| Project: | Francoeur Mine | |
|---|---|---|
| Deposit: | Francoeur, Arntfield | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/26/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-11-2019: Globex Mining Enterprises Inc. announces an Exploration/Drilling Update report for its Francoeur, Arntfield deposit at the Francoeur Mine project. Drilling results incl. 21.3m @ 1.45g/t Au. Rouyn-Noranda, Québec, Canada. GLOBEX MINING ENTERPRI | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jack Stoch, Manon Garant (Internal) | |
| ABSTRACT: | Rouyn-Noranda, Québec, Canada. GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to announce shareholders that recently, Globex Mining Enterprises Inc. completed a program of stripping, channel sampling and diamond drilling on several areas of the Francoeur/Arntfield Gold Mines property, located 18 km west of Rouyn-Noranda, Quebec. Three drill holes were undertaken in the area of the 450 Zone. Hole FS-19-59 was drilled beneath historical hole H-127 which reported 3.11 g/t Au over 5.91 m. Hole FS-19-59 returned 1.47 g/t Au over 13.5 m (including 2.83 g/t Au over 4.5 m) from 7.5 m to 21.0 m down the hole. Hole FS-19-57 was drilled 75 m north and 65 m below of hole FS-19-59. Hole FS-19-57 intersected three gold horizons: 0.74 g/t Au over 3 m, 0.99 g/t Au over 4.6 m and 3.56 g/t Au over 2.4 m. Hole FS-19-58 was drilled 50 m east of Hole FS-19-57. Hole FS-19-58 intersected 1.11 g/t Au over 14.25 m (including 5.25 g/t Au over 1.5 m) from 15.00 m to 29.25 m down the hole, in a shear zone different from the 450 zone. | |
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