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 United States) is pleased to provide an update to shareholders on drill results announced by Maple Gold Mines Ltd. (MGM-TSXV, MGMLF-
“To investigate possible expansions of mineralization along the previous producing Eagle-Telbel Trend, Maple undertook a Phase 1 drill campaign consisting of eight holes totaling 4,462 meters.” In addition to the recognized Eagle-Telbel type of gold mineralization that has been mined historically, drilling has found at least four new styles of gold mineralization.”
The following are some of the highlights of the drill results as reported by Maple:
- Within a semi-massive pyrite and iron carbonate layer typical of previous Eagle-Telbel type mineralization, drill hole EM-22-005 encountered 4.0 grams per tonne gold (“g/t Au”) over 7.5 meters, including 6.4 g/t Au over 3.0 meters (see Plates 1 and 2).
- Within quartz-carbonate veinlets containing visible gold, drill hole EM-22-001 intersected 4.4 g/t Au over 0.9 m. (VG).
- Within extensively changed, graphitic and pyritic Harricana Group sediments, drill hole EM-22-002 encountered 2.4 g/t Au over 4.7 m, including 3.8 g/t Au over 2.1 m, as well as 2.1 g/t Au over 1.8 m farther up hole in altered microgabbro.”