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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Globex Mining Enterprises Inc New | TSX:GMX | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.95 | 0.94 | 0.97 | 0.97 | 0.95 | 0.97 | 5,430 | 21:05:26 |
Brunswick has reported an additional 9 drill holes which extend the strike length of the Mirage lithium discovery (click to access previous press release) by 600 metres. Previous drilling intersected three mineralized zones, the North, Central and South Zones. Current reported assays are from the South Zone, MR-4 Dyke. (Click here to access today’s Brunswick press release).
High-grade intercepts include:
Hole Number | Core Length (m) | Li2O% |
MR-23-26 | 10.6 m | 3.28% |
MR-23-19 | 14.0 m | 2.92% |
MR-23-16 | 13.4 m | 2.88% |
Most holes in the MR-4 dyke intersected high-grade Li2O values of over 2% Li2O.
The following are 11 reported intercepts of 13 holes in the South Zone for which assays are available. Two holes to the southwest did not intersect the MR-4 dyke but the presence of a thin mineralized dyke indicates that the South Zone remains open to the southwest.
Highlights from Maiden Drilling Program at MR-4 as reported by Brunswick Exploration
Hole ID | Zone | Dyke | From (m) | To (m) | Length (m) | Li2O% | Ta2O5 (ppm) |
MR-23-13 | South | MR-4 | 25.3 | 35.7 | 10.4 | 1.45 | 171 |
MR-23-14* | South | MR-4 | 46.5 | 62.7 | 16.2 | 2.75 | 98 |
MR-23-15 | South | MR-4 | 91.3 | 104.7 | 15.7 | 2.09 | 49 |
MR-23-16 | South | MR-4 | 95.9 | 109.3 | 13.4 | 2.88 | 86 |
MR-23-17 | South | MR-4 | 76.0 | 90.1 | 14.1 | 2.24 | 65 |
MR-23-18 | South | MR-4 | 87.8 | 100.1 | 12.3 | 2.06 | 112 |
MR-23-19 | South | MR-4 | 68.1 | 82.1 | 14.0 | 2.92 | 70 |
MR-23-20 | South | MR-4 | 76.9 | 84.4 | 7.5 | 1.55 | 97 |
MR-23-21 | South | MR-4A | 70.9 | 73.0 | 2.1 | 2.23 | 83 |
MR-23-25 | South | MR-4 | 44.7 | 53.6 | 9.0 | 2.57 | 77 |
MR-23-26 | South | MR-4 | 49.9 | 60.4 | 10.6 | 3.28 | 166 |
* Previously reported
True widths are estimated as 95% of reported core lengths. Assays are pending for an additional 10 drill holes.
Brunswick have indicated that they intend to undertake an additional 15,000 metres of drilling in their next exploration program.
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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