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Brunswick Exploration Intersects High Grade Lithium Mineralization on Globex Royalty Property
ROUYN-NORANDA, Quebec, Dec. 05, 2023 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Muni
About this update from Globex Mining Enterprises Inc.
[{"type":"text","content":" ROUYN-NORANDA, Quebec, Dec. 05, 2023 (GLOBE NEWSWIRE) -- 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 the inaugural drill results from holes completed by Brunswick Exploration Inc. (TSXV-BRW, BRWXF- OTCQB) on Globex’s Lac Escale (Mirage) lithium royalty property in the Eeyou Istchee-James Bay region of Quebec, Canada (NTS 33H09). Brunswick has completed 36 drill holes designed to test, at shallow vertical depths of less than 150 metres, pegmatite dykes outlined in mapping of surface outcroppings, to determine their geometry and orientation. In total 5,090 metres was drilled with 33 of the 36 holes intersecting mineralized pegmatites. Mineralized pegmatites were intersected along three major NE-SW axis within a two-by-two kilometres area along a strike length of 1.5 kilometres. The three axes are termed the North, Central and South Zones. Intersections include Bonanza grades and significant widths such as: 2.57% Li2O over 25.8 m in drill hole MR-23-02 including 3.08% li2O over 14.2 metres at a vertical depth of 28 metres in the North Zone 2.18% li2O over 24.8 m in drill hole MR-23-01 also in the North zone 2.75% Li2O over 16.2 m in hole MR-23-14 including 3.30% Li2O over 9.5 m at a vertical depth of 40 metres in the South Zone An intersection of 1.06% Li2O over 50.6 m in hole MR-23-07 at a vertical depth of 22 metres in the Central Zone. Below is the list of lithium assays as reported in Brunswick’s press release of December 4, 2023 (click to access Brunswick Press Release). Hole ID Zone Dyke From (m) To (m) Length (m) Li2O% Ta2O5 (ppm) MR-23-01 North MR-1 40.0 64.5 24.5 2.18 228 incl. MR-1 42.5 52.0 9.5 3.06 202 MR-23-02 North MR-1 8.8 34.6 25.8 2.57 239 incl. MR-1 8.8 23.0 14.2 3.08 268 MR-23-03 North MR-2 23.3 29.5 6.2 1.12 227 MR-23-04 North MR-2 27.8 30.3 2.5 0.52 141 MR-23-05 Central MR-3 5.5 45.8 40.3 0.86 87 incl. MR-3 5.5 15.5 10.0 1.48 99 Incl. MR-3 39.5 45.8 6.3 1.16 148 MR-23-06 Central MR-3 17.7 55.1 37.4 1.02 93 incl. MR-3 42.6 48.1 5.5 2.23 135 MR-23-07 Central MR-3 22.0 72.5 50.6 1.06 105 incl. MR-3 30.7 43.2 1...