Globex / Osisko Intersect 11.8m Grading 15.1 g/t Au on Wood-Pandora Property
01 10월 2013 - 11:10PM
OTC Markets
Globex / Osisko Intersect 11.8m Grading 15.1 g/t Au on Wood-Pandora
Property
Globex / Osisko Intersect 11.8m Grading 15.1 g/t Au on Wood-Pandora
Property
ROUYN-NORANDA, QUEBEC--(Marketwired - Oct 1, 2013) -
GLOBEX MINING ENTERPRISES INC.
(TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF) is pleased to
provide results from the current drill campaign on the Wood-Pandora
property located in Cadillac Township, Quebec in joint venture with
Osisko Mining Corporation.
At September 25, 2013, within an expanded drill program,
eighteen (18) drill holes have been completed. The drill holes are
widely spaced and designed to explore the stratigraphy at depth
over the entire 3.5km strike length of the Cadillac Break across
the Property in zones previously untested. One of the holes was
drilled in the Amm Shaft area.
Complete assay results are now available from an additional
drill hole.
Hole W-13-17 returned two gold intersections, at close
proximity, with a combined core length of 11.8 metres (38.7 ft)
grading 15.1 g/t Au (0.44 oz/T Au).
From -To (m) |
Width (m |
) |
Au g/t |
|
408.7 - 409.7 |
0.99 |
|
116.05 |
|
409.7 - 411.0 |
1.31 |
|
20.99 |
|
411.0 - 412.0 |
1.00 |
|
15.36 |
|
|
|
Average: 408.7 - 412.0 |
3.30 |
|
47.8 |
|
|
|
416.5 - 417.5 |
1.0 |
|
12.45 |
|
417.5 - 419.0 |
1.5 |
|
2.22 |
|
419.0 - 420.5 |
1.5 |
|
2.91 |
|
|
|
Average: 416.5 - 420.5 |
4.0 |
|
5.04 |
|
|
|
Total: 408.7 - 420.5 |
11.8 (38.7 ft |
) |
15.1 g/t (0.44 oz/T |
) |
True widths are approximately 50 to 60 % of intersected core
lengths.
Results from the remaining holes will be reported when the full
assay data set are available.
Globex core sampling and quality assurance/quality control
procedures and assay methods are available on Globex's website at
www.globexmining.com under Media, Technical Information.
This news release was written by Jack Stoch, P. Geo., President
and CEO of Globex in his capacity as a Qualified Person and
operator of the Wood Pandora joint venture.
27,896,018 shares issued and outstanding
|
|
We
Seek Safe Harbour. |
Foreign Private Issuer 12g3 - 2(b) |
|
CUSIP Number 379900 50 9 |
|
|
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
Globex Mining Enterprises (QX) (USOTC:GLBXF)
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Globex Mining Enterprises (QX) (USOTC:GLBXF)
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