Globex Completes Aeromag Survey on Francoeur/Arntfield/Lac Fortune Gold Mines Property
30 June 2020 - 11:15PM
GLOBEX MINING ENTERPRISES INC. (GMX –
Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin,
Munich, Tradegate, Lang & Schwarz
Stock Exchanges and GLBXF – OTCQX
International in the US) is pleased to inform shareholders
that it has completed the 2,000 Km, 25 metre spacing detailed
aeromag survey over our 100% owned Francoeur, Arntfield, Lac
Fortune Gold Mines property, in Beauchastel and Dasserat townships,
Quebec, west of Rouyn-Noranda.
The initial mag maps are of excellent quality
and more than meet our expectations that the detail provided by the
survey will allow Globex to trace gold bearing horizons and
structures in areas of overburden cover and predict displacement
caused by faulting.
In fact we are so pleased with the new data and
its unraveling of certain geological questions that we have decided
to fly a number of other project areas. We recently completed a
similar survey on our Laguerre-Knutson gold mine property near
Larder Lake, Ontario, the Napping Dwarf gold property tying onto
the west side of Sleeping Giant Gold Mine and the Blackcliff Gold
Mine property, east of Malartic (in conjunction with Altai
Resources Inc. (ATI-TSXV)).
We have decided to fly a significant number of
other Globex properties over the next several months.
A crew is currently on the
Francoeur/Arntfield/Lac Fortune Gold Mines property, mapping,
sampling and prospecting in part on selected targets as a follow-up
to the aeromag survey.
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:
819.797.1470info@globexmining.comwww.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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