Globex reports high-grade gold intersections in first four drill holes at Ironwood deposit.

From GlobeNewswire: 2024-12-04 09:49:00

Globex Mining Enterprises Inc. reports assays from the first four drill holes at the Ironwood gold deposit in Quebec. The deposit has an Inferred Resource of 243,200 tonnes grading 17.26 g/t Au. The current drill program aims to define the deposit boundaries for potential mining methods. Results from the first four holes are detailed below.

Hole NIW-24-01 intersected 13.56 g/t Au over 1.3 meters. Hole SIW-24-01 found 21.78 g/t Au over 2.6 meters. Hole SIW-24-02 showed 3.14 g/t Au over 2.15 meters. Hole SIW-24-03 revealed 16.63 g/t Au over 15.1 meters. Globex has intersected the Ironwood Gold Zone in all completed holes.

Samples from the drill program are being analyzed by MSALABS for gold content. The samples undergo crushing and gamma ray analysis, with systematic inclusion of blank samples and certified reference materials for quality control. Globex follows the same procedures for quality assurance.

Globex’s President and CEO, Jack Stoch, provided technical input for the report. The company seeks safe harbor and has a CUSIP Number of 379900 50 9. Forward-looking statements in the report highlight potential risks and uncertainties for Globex Mining Enterprises Inc. Investors are encouraged to review the detailed risks in the company’s Annual Information Form.



Read more at GlobeNewswire: Globex Reports First Four Infill Ironwood Drill Holes