More Li2O Intersections on Globex’s Lac Escale (Mirage) Royalty Claims
May 10 2024 - 9:00AM
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 US) is pleased to inform shareholders
that Brunswick Exploration Inc. (BRW-TSXV, BRWXF-OTCQB) has
reported additional significant Li2O intersections on Globex’s Lac
Escale (Mirage Project) royalty claims in the Eeyou Istchee – James
Bay Region of Quebec.
Intersections of up to 1.55%
Li2O over 93.45 m and 1.05%
Li2O over 34.05 m were
encountered.
Central Zone of the Lac Escale (Mirage
Project) Royalty Claims.
Table 1: Highlights from 2024
Winter Drilling Program Reported in Brunswick Press Release.
Hole ID |
Zone |
Dyke |
From (m) |
To (m) |
Length (m) |
Li2O% |
Ta2O5 (ppm) |
MR-24-43 |
North |
MR-8 |
9.85 |
28.45 |
18.6 |
1.27 |
81 |
and |
83.95 |
86.7 |
2.75 |
0.99 |
101 |
MR-24-44B |
14.4 |
31 |
16.6 |
0.95 |
81 |
MR-24-46 |
35.4 |
52 |
16.6 |
0.87 |
97 |
MR-24-48 |
43 |
61.5 |
18.5 |
0.80 |
93 |
MR-24-53 |
|
|
225 |
227.2 |
2.2 |
0.55 |
143 |
and |
251 |
274 |
23 |
0.33 |
95 |
MR-24-54 |
North |
MR-8 |
66.55 |
71.35 |
4.8 |
1.10 |
198 |
MR-24-55 |
67.6 |
79.1 |
11.5 |
1.42 |
166 |
MR-24-56 |
49.05 |
59 |
9.95 |
0.32 |
44 |
MR-24-62 |
Central |
MR-6 |
6.35 |
99.8 |
93.45 |
1.55 |
160 |
MR-24-64 |
55.45 |
78.3 |
22.85 |
N/A |
223 |
MR-24-65 |
44.4 |
78.45 |
34.05 |
1.05 |
125 |
Surface Map of the Lac Escale (Mirage
Project) and Drill Holes Completed to Date
Click here to access Brunswick’s Press
Release.
QA/QC
As per Brunswick, all drill core samples were
collected under the supervision of BRW employees and contractors.
The drill core was transported by helicopter and by truck from the
drill platform to the core logging facility in Val-d’Or. Each core
was then logged, photographed, tagged, and split by diamond saw
before being sampled. All pegmatite intervals were sampled at
approximately 1-meter intervals to ensure representativity. Samples
were bagged; duplicated on ¼ core splits, blanks and certified
reference materials for lithium were inserted every 20 samples.
Samples were bagged and groups of samples were placed in larger
bags, sealed with numbered tags, in order to maintain a chain of
custody. The sample bags were transported from the BRW contractor
facility to the ALS laboratory in Val-d’Or. All sample preparation
and analytical work was performed by ALS by ICP-AES according to
the ALS method ME-MS89L. All results passed the QA/QC screening at
the lab and all inserted standard and blanks returned results that
were within acceptable limits. All reported drill intersections are
calculated based on a lower cut-off grade of 0.3% Li2O, with
maximum internal dilution of 5 meters. Host basalts adjacent to the
dykes may grade up to 0.3% Li2O but were excluded from the reported
intersections.
Qualified Person
The scientific and technical information
contained in Brunswick’s press release was reviewed and approved by
Mr. Simon T. Hébert, VP Development for Brunswick Exploration. Mr.
Hebert is a Professional Geologist registered in Quebec and is a
Qualified Person as defined by National Instrument 43-101.
This press release was written by Jack Stoch, P.
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.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/f126a3df-d02c-42ab-b2b4-054007c60ef5
https://www.globenewswire.com/NewsRoom/AttachmentNg/6415d56c-3092-484e-a693-19c264ecd842
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