The Prospector News

Globex Drills to Outline Ironwood’s Mineralized Western Limit

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Globex Drills to Outline Ironwood’s Mineralized Western Limit

 

 

 

 

GLOBEX MINING ENTERPRISES INC. (TSX:GMX)  (FRA: G1MN)  (OTCQX:GLBXF) is pleased to report additional drill intersections from the 19 drill hole program at Globex’s 100% owned Ironwood Gold Zone located 2.6 km east of the town of Cadillac, Quebec.

 

The currently reported four holes were focused toward locating the western boundary of the gold mineralization at vertical depths between 25m and 115m unlike previous drill-hole SIW 24-04 which was targeted at the center of the mineralized zone and returned 23.82 g/t Au over a true width of 23.22 metres.

 

Drill results are the following:

 

Hole Number From (m) To (m) Au (g/t) True Width (m) True Width (ft) Vertical Depth (m)
NWI-24-05
Including
42.5 54.2 8.10 3.58 9.84 46
42.5 45.0 22.77 0.76 2.49 42
51.4 54.2 12.64 0.88 2.89 53
NIW-24-06 29.8 31.9 7.74 1.34 4.40 27
NIW-24-07 81.5 83.0 1.63 0.83 2.72 65
98.0 101.0 1.96 1.69 5.54 78
NIW-24-08 136.0 137.8 3.10 1.01 3.31 108
143.3 146.1 21.39 1.58 5.18 114

 

The Ironwood gold zone is located on Globex’s wholly owned Central Cadillac Mine/Wood Mine gold property north of the gold localizing Cadillac Break. The mineralization is principally pyrite with some pyrrhotite and arsenopyrite as a sulphide replacement at the nose of a folded oxide iron formation.

 

Lab information

The samples were crushed to a particle size of 70% passing through a two-millimeter sieve, and then a 500-gram portion was taken for gold analysis by gamma ray (photon assay). According to MSALABS’ internal procedure, blank samples and certified reference materials are systematically inserted into the analysis sequence. Globex procedures also used blank and duplicate sample as well as certified reference materials. MSALABS operates several laboratories worldwide and holds ISO-17025 accreditation for numerous metal determination methods, including the photon assay method.

 

This press release was written by Jack Stoch, P. Geo., President and CEO of Globex in his capacity as a Qualified Person under NI 43-101 with technical input from Pierre Riopel, P.Geo.

 

Posted December 23, 2024

Share this news article

MORE or "UNCATEGORIZED"


Brazil Potash Presells 91% of Future Production, Catalyzing Construction Financing Phase

Final critical mineral offtake agreement with Kimia Solutions key... READ MORE

October 28, 2025

Midnight Sun Closes Oversubscribed C$30,475,575 "Bought Deal" LIFE Offering

Midnight Sun Mining Corp. (TSX-V: MMA) (OTCQX: MDNGF) is pleased ... READ MORE

October 28, 2025

AbraSilver Drilling at Diablillos Intersects 8.5 Metres at 13.81 g/t Gold at Oculto East

Separate Hole Intersects Broad Zone of 180 m Grading 0.65 g/t Gol... READ MORE

October 28, 2025

Koryx Copper Announces Further Positive Drill Results at the Haib Copper Project, Southern Namibia

Highlights  • Assays reported for a further 17 drill holes for... READ MORE

October 28, 2025

Scottie Resources Announces Impressive Economics in Preliminary Economic Assessment for Scottie Gold Mine Project

Scottie Resources Corp. (TSX-V: SCOT) (OTCQB: SCTSF) (FSE: SR80) ... READ MORE

October 28, 2025

Copyright 2025 The Prospector News