Globex Mining Enterprises Inc. (GMX:TSX) (G1MN:Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges) (GLBXF:OTCQX International in the US) of drill results from two holes completed on the Berrigan Property located west of the town of Chibougamau, Quebec upon which Globex retains a two percent (2%) Gross Metal Royalty.
Tomagold Gold Corporation has reported results from holes TOM-25-015 and TOM-25-014 as follows:
For more details, shareholders may access the Tomagold press release by clicking here.
Tomagold states that “Drill hole TOM-25-015 is truly transforming the Berrigan Mine project and highlights a new semi-massive sulfide zone that extends at depth beneath the known zones. This very encouraging result suggests the presence of a large mineralized system that remains open at depth.”
The drill holes contain significant secondary mineralization consisting of silver and gold. The table below provides the breakdown of individual assays.
Results from drill holes TOM-025-014 and TOM-025-015 on the Berrigan Mine project
| Hole ID | From (m) |
To (m) |
Length (m) |
Au (g/t) |
Ag (g/t) |
Cu (ppm) |
Zn % |
| TOM-25-014 | 185.00 | 187.10 | 2.10 | 4.94 | 56.44 | 545 | 4.55 |
| 238.70 | 239.85 | 1.15 | 2.63 | 22.20 | 1590 | 10.40 | |
| 251.20 | 252.60 | 1.40 | 7.44 | 37.30 | 552 | 8.04 | |
| 405.30 | 406.70 | 1.40 | 1.13 | 13.15 | 655 | 9.25 | |
| 423.30 | 426.30 | 3.00 | 0.07 | 5.45 | 493 | 1.57 | |
| 451.50 | 457.50 | 6.00 | 0.08 | 3.45 | 77 | 0.79 | |
| TOM-25-015 | 132.55 | 141.00 | 8.45 | 0.51 | 5.51 | 338 | 1.66 |
| 155.70 | 157.70 | 2.00 | 4.66 | 26.90 | 684 | 10.28 | |
| 182.10 | 202.20 | 20.10 | 0.36 | 3.20 | 265 | 0.77 | |
| 451.20 | 549.70 | 98.50 | 0.82 | 3.21 | 386 | 1.97 | |
| including | 452.20 | 457.10 | 4.90 | 4.69 | 18.80 | 2897 | 4.79 |
| and including | 500.35 | 549.70 | 49.35 | 0.90 | 3.48 | 310 | 3.12 |
| Including | 521.00 | 535.60 | 14.60 | 1.34 | 5.91 | 420 | 4.11 |
| Including | 537.85 | 541.10 | 3.25 | 0.88 | 3.85 | 529 | 5.82 |
| Including | 542.00 | 548.20 | 6.20 | 1.63 | 5.26 | 511 | 7.43 |
Note:
Drill Hole TOM-25-015: A Major Discovery at Depth
| We Seek Safe Harbour. | Foreign Private Issuer 12g3 – 2(b) |
| CUSIP Number 379900 50 9 LEI 529900XYUKGG3LF9PY95 |
|
| For further information, contact: | |
| Jack Stoch, P.Geo., Acc.Dir. Executive Chairman & CEO Globex Mining Enterprises Inc. 120 Carlton Street, Unit 219 Toronto, Ontario, Canada M5A 4K2 |
Tel.: 819.797.5242 Fax: 819.797.1470 info@globexmining.com www.globexmining.com |
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