More Assay Results at Mirage (Lac Escale) Lithium Property
April 25 2024 - 12:08PM
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
regarding drilling by
Brunswick Exploration Inc. (BRW-TSXV,
BRWXF-OTCQB) on Globex’s royalty property in the James Bay
area of Quebec.
Drilling at the Mirage (Lac
Escale) property by Brunswick continues to intersect
wide widths of lithium bearing mineralization in
their drill campaign focused on the
Central Zone within Globex’s large royalty
claim package:
|
1.59% Li2O over 58.1 metres in Hole MR-23-49 |
|
|
1.71% Li2O over 31.6 metres in Hole MR-23-60 |
|
|
1.03% Li2O over 18.6 metres also in Hole
MR-23-60 |
|
|
0.93% Li2O over 12.0 metres also in Hole
MR-23-60 |
|
Thirty-five drill holes were completed
prioritizing near surface lithium mineralization and assays are
pending for a further thirty-two drill holes.
Click here to access Brunswick’s press release
including maps and sections.
Globex retains a 3% Gross Metal Royalty
of which 1% may be purchased for $1,000,000 by Brunswick and at the
fifth year following the coming into force of the agreement
(already reached), Brunswick will commence to pay Globex a $100,000
per year advance royalty.
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.
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