Suche
 
Folgen Sie uns auf:

Cartier PEA Refers to Globex’s 3% GMR Interest

17.04.2023  |  GlobeNewswire

ROUYN-NORANDA, April 17, 2023 - 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 provide shareholders with an update of progress by Cartier Resources Inc. (ECR-V) on the Nordeau West property on which Globex holds a 3% Gross Metal Royalty (GMR).

Cartier, on April 13, 2023, issued a press release titled "Cartier Delivers Positive PEA for Chimo Mine Project" which includes the Nordeau West property on which Globex holds its 3% GMR royalty. Click here to view Cartier's press release.

According to a technical report for Cartier titled "NI 43-101 Technical Report and Mineral Resources Estimates for the Chimo Mine and West Nordeau Gold Deposits, Chimo Mine and East Cadillac properties, Quebec, Canada" by InnovExplo Inc., authored by Vincent Nadeau-Benoit, P.Geo., Alain Carrier, P.Geo., M.Sc., Marc R. Beauvais, P.Eng., effective date: October 2, 2022, the Nordeau West resource is the following:

Mineral Resource Estimate for the West Nordeau Deposit



Gold Corridor Cut-off Grade (g/t Au)

Indicated Resources Inferred Resources
Metric
Tonnes (t)
Grade
(g/t Au)
Troy
Ounces
(oz Au)
Metric
Tonnes (t)
Grade
(g/t Au)
Troy
Ounces
(oz Au)
North Gold
Corridor (>2.0)
- - - 151,000 3.50 17,000
Central Gold
Corridor (>1.5)
512,000 2.19 36,000 3,084,000 2.60 258,000
Total 512,000 2.19 36,000 3,235,000 2.64 275,000

The estimate of the West Nordeau deposit was made from a database consisting, as of July 12, 2022, of 154 drill holes totaling 55,097 m drilled, 6,873 deviation measurements as well as 18,973 samples analyzed for the gold and collected over a core length of 19,785 m representing 36% of the core length drilled. This database contains 820 blank and standard samples, inserted for QA/QC by previous operators: Chalice Gold Mines Limited and O3 Mining Inc. between March 11, 2017 and March 17, 2020. This database was validated before starting the resource estimate. The estimate was carried out on 8 mineralized structures, intersected by 4,982 m of drilling, having produced 802 different gold intersections.

The April 13 Cartier PEA press release indicates that the Nordeau West Gold Deposit will provide 14% of the ounces to be mined out of a total mined of 15 Mt of minable mineralized material. There is the potential for the resources on the Nordeau West Property to be increased. The Nordeau West Property is just a small part of a much larger land package on which Globex holds a 3% GMR including several areas with multiple mineralized drill holes.

Note: Production royalties are only payable upon production.

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 9
LEI 529900XYUKGG3LF9PY95
For further information, contact:
Jack Stoch, P.Geo., Acc.Dir.
President & CEO
Globex Mining Enterprises Inc.
86, 14th Street
Rouyn-Noranda, Quebec Canada J9X 2J1

Tel.: 819.797.5242
Fax: 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.



Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!




Mineninfo
Globex Mining Enterprises Inc.
Bergbau
A1H735
CA3799005093
Minenprofile
Alle Angaben ohne Gewähr! Copyright © by GoldSeiten.de 1999-2024.
Die Reproduktion, Modifikation oder Verwendung der Inhalte ganz oder teilweise ohne schriftliche Genehmigung ist untersagt!

"Wir weisen Sie ausdrücklich auf unser virtuelles Hausrecht hin!"