Saturday 20th January 2018

Resource Clips

Posts tagged ‘Globex Mining Enterprises (GMX)’

Globex, Queenston report Quebec Gold Assays of 28.86 g/t over 4.9m

October 12th, 2011

Resource Clips - essential news on junior gold mining and junior silver miningGlobex Mining Enterprises Inc TSX:GMX in joint venture with Queenston Mining Inc TSX:QMI announced results from the Wood-Pandora joint venture property in Cadillac Township, Quebec. Highlights include

8.2 g/t gold over 1 metre
3.8 g/t over 1.5 metres
3.88 g/t over 6.5 metres (including 16.8 g/t over 1 metre)
28.86 g/t over 4.9 metres (including 121.7 g/t over 1.1 metres)
6.35 g/t over 1 metre
3.6 g/t over 2.8 metres

The property is owned 50% by Queenston, 50% by Globex. The Wood-Pandora Property has an historic, non-NI 43-101 compliant inferred mineral resource estimate of 1.43 million tonnes grading 5.3 g/t gold.

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Globex Mining Enterprises Inc
Jack Stoch

or Queenston Mining Inc
Charles E. Page

by Ted Niles

NSGold report NS Gold Assays including 122.15 g/t over 2.2m

April 19th, 2011

NSGold Corporation TSXV:NSX announced results from the Mooseland Gold Project in Halifax County, Nova Scotia. Assays include 122.15 g/t gold over 2.2 metres (including 243.73 g/t over 1.1 metres) and 36.93 g/t over 2 metres (including 61.18 g/t over 1.2 metres). Globex Mining Enterprises Inc TSX:GMX retains a 4% gross metal royalty and the right to receive shares equal to 5% of the issued stock of NSGold upon commercial production and an additional payment of $250,000 September 1, 2011.

The Mooseland Project has an historical, non-NI 43-101 compliant, indicated mineral resource estimate of 858,000 contained ounces gold.

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Glenn A. Holmes

by Ted Niles