ROUYN-NORANDA, Québec, Jan. 11, 2022 (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 Exch
anges
and GLBXF – OTCQX International in the US)
is pleased to inform shareholders of the most recent drill results by Starr Peak Ltd. (STE-TSXV) on Globex’s Normetal/Normetmar Mine royalty property (NewMetal) at the town of Normetal, Quebec.
Recent drilling focused at both the Upper and Deep zones returned significant results including the following:
Upper Zone:
-
Hole STE-21-73,
6.04% Zn Eq. over 5.90 m
.
Deep Zone:
-
Hole STE-21-82-W1,
8.98% Zn Eq. (including 0.82% Cu) over 9.85 m
. -
Hole STE-21-81,
5.14% Zn Eq. (including 1.28% Cu) over 7.20 m.
Numerous other holes are reported in today’s Starr Peak press release with zinc values in the Upper Zone and Deep Zone (up to
10.53% Zn, 2.99% Cu and 42.69 g/t Ag
).
Please refer to
Starr Peak’s press release
for details. Globex is pleased with the results to date. Globex holds a 2.5% Gross Metal Royalty on the property as well as over 1 million shares of Starr Peak.
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) |
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CUSIP Number 379900 50 9 LEI 529900XYUKGG3LF9PY95 |
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For further information, contact: |
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Jack Stoch, P.Geo., Acc.Dir. President & CEO Globex Mining Enterprises Inc. 86, 14 th Street Rouyn-Noranda, Quebec Canada J9X 2J1 |
Tel.: 819.797.5242 |
