Globex Airborne Survey Locates New Base Metal Drill Targets.ROUYN-NORANDA, Quebec Rouyn-Noranda (2006 population 39,924) is a city on Osisko Lake in northwestern Quebec, Canada. The city of Rouyn appeared after copper was discovered in 1917. Noranda (a contraction of "North Canada") was created later around the Horne mine and foundry. -- GLOBEX MINING ENTERPRISES INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :GMX GMX Global Message Exchange )(FRANKFURT:G1M)(PINK SHEETS:GLBXF) is pleased to inform investors that it has flown a combined airborne electromagnetic and magnetic survey using the AeroTEM II System on its Tonnancour Property, south of Lebel-sur-Quevillon, Quebec. The survey was done in order to locate and define conductive drill targets within a rock horizon known to be associated with massive and disseminated sulphide mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. including copper, zinc, gold and silver. The best massive sulphide intersection on the property to date is in hole T-27 which assayed 4.4% Cu, 8.2% Zn, 0.01 oz/T Au, 1.49 oz/T Ag (Noranda Inc. Drilling 1968-1972). The survey located new drill target areas and enabled Globex to better defined known conductors by penetrating deeper than previous surveys. Globex has acquired 962.4 hectares of additional ground to cover the entire area flown including all of the anomalies indicated by the survey. Field work will commence shortly on several priority targets, weather permitting. For further details on the project, please visit our website www.globexmining.com. Click on Abitibi Greenstone Belt The Abitibi greenstone belt is a 2,800-2,600 million year old greenstone belt that spans across the Ontario-Quebec border in Canada. It is mostly made of volcanic rocks, but also includes ultramafic rocks, mafic intrusions, granitoid rocks, and early and middle Precambrian Properties and go to property number 39. Globex Mining Enterprises Inc. holds a diversified portfolio of over 70 mineral properties both in Canada and the U.S., including numerous gold prospects, more than 20 of which are deposits or advanced exploration projects, a number of base metal properties including drill defined sulphide copper, zinc, gold and silver deposits; three diamond projects; one molybdenum molybdenum (məlĭb`dənəm) [Gr.,=leadlike], metallic chemical element; symbol Mo; at. no. 42; at. wt. 95.94; m.p. about 2,617°C;; b.p. about 4,612°C;; sp. gr. 10.22 at 20°C;; valence +2, +3, +4, +5, or +6. deposit; one magnesium-talc deposit; one six property uranium-gold project; one uranium-fluorite deposit and two uranium showings.Globex explores for its own account but also derives revenue and advances exploration or development through the optioning of its properties while retaining royalties on possible future production.In addition to those already under option, management is currently in discussion with several parties interested in optioning various Globex properties. The terms of such ventures and the results of ongoing work programs will be announced as the information becomes available. Jack Stoch, in his capacity as "qualified person", has written this press release. We Seek Safe Harbour.Foreign Private Issuer 12g3 - 2(b) CUSIP Number CUSIP Number An identification number assigned to all stocks and registered bonds. The Committee on Uniform Securities Identification Procedures (CUSIP) oversees the entire CUSIP system. Notes: This system is used in the U.S. and Canada. 379900 10 3 14,936,872 shares issued and outstanding GLOBEX MINING ENTERPRISES INC. (TSX:GMX) (PINK SHEETS:GLBXF) (FRANKFURT:G1M) |
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