Cartier Drill Results on Globex Royalty Claims
October 17 2024 - 9:23AM
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 inform shareholders
that Cartier Resources (TSX-V:ECR) has released additional drill
results from drilling collared near the north boundary of several
Globex 3% Gross Metal Royalty (GMR) claims. The
drill holes are collared on Globex royalty claims and pass out of
the royalty claims at a vertical depth of approximately 200 metres.
The current results include 14.7 g/t Au
over 4.3 m within 5.2 g/t Au over 20.6 m and 15.0 g/t Au over 1.0
metre within 5.7 g/t Au over 4.0 metres in the North Contact
Zone. The lengths of the mineralized intersections are
expressed as measured core lengths. True lengths are 60 percent to
90 percent of the reported lengths.
Cartier’s current press release may be accessed
here.
Globex has a large package of 3% GMR royalty
claims along strike of the Chimo Mine with several partially
defined gold resources in addition to gold zones outside the
principal gold bearing structure such as the North Contact Zone,
the subject to the current press release.
Globex is pleased with the progress by Cartier
both in defining and discovering new mineralized gold zones as well
as better outlining gold resources on the Globex 3% GMR claims.
This press release was written by Jack Stoch, P.
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.comwww.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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