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Globex Mining Enterprises Inc.
Summary
| Project: | Francoeur Mine | |
|---|---|---|
| Deposit: | Francoeur Mine | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/6/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-12-2017: Globex Mining Enterprises Inc. announces an Exploration/Drilling Update report for its Francoeur Mine deposit at the Francoeur Mine project. Drilling results incl. 7.34m @ 4.04g/t Au. Rouyn-Noranda, Québec, Canada. GLOBEX MINING ENTERPRISES INC | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jack Stoch (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) is pleased to report the results from a ten drill hole program of short holes on our 100% owned Francoeur/Arntfield gold property located approximately 18 km west of Rouyn-Noranda, Quebec. The drill program was designed so as to follow up upon the gold bearing shear south of the “Main Shear” (the Francoeur-Wasa Shear). The shear termed the “South Shear” was exposed by stripping. Channel sampling returned up to 9.52 g/t Au over a width of 7.1 m including 15.4 g/t Au over 4.1 m (See press release dated September 25, 2017) and 4.25 m g/t Au over 3.75 m. Subsequent stripping to the east exposed an additional 15 metres of rock which revealed numerous gold values in channel samples including 4.31 g/t Au over 1.65 m before passing below overburden. Channel sampling in an area stripped by Globex above Hole FS 17-45 returned 8.07 g/t Au over 2 m before going under thick overburden. An area stripped by Globex half way between holes FS-17-45 and FS-17-42 (114 m apart) returned 5.36 g/t Au over 4.2 m in channel samples and a nearby old trench returned grab sample assays of 9.53 g/t Au, 10.18 g/t Au, 10.15 g/t Au and 6.79 g/t Au. (Grab samples are selective by nature and are unlikely to be representative of average grades.) See drill hole location and channel | |
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