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Globex Mining drilling holes completed on our 100pct owned Tonnancour
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Sunday, 14 Aug 2011
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Globex Mining Enterprises Inc announced assay data from a series of drill holes completed on our 100% owned Tonnancour property located approximately 15 kilometers south of Lebel sur Quevillon, Quebec. A series of 22 holes have been completed to date, 16 holes were drilled to test the Tom Lake showing and six holes tested various other targets. Twenty holes have been logged to date, two remain to be logged and five additional targets remain to be tested.

The first hole of the drill program testing the northeast southwest trending Tom Lake showing area returned 5.23% Cu, 13.12% Zn, 41.0 gram per tonne Ag and 0.718 gram per tonne Au in a typical, Abitibi style, zoned 4.5 meter wide massive sulphide intersection.

A series of subsequent holes were drilled in order to test the sulphide zone laterally to the NE and SW with the following results.

A second tier of holes was drilled beneath holes GT11 01 to GT11 05, several of which intersected sulphide mineralization. Assays are pending. The drill has been moved from the Tom Lake showing area and is presently drilling a series of isolated electromagnetic anomalies identified in an airborne survey undertaken for Globex.

Mr Jack Stoch president & CEO of Globex Mining Enterprises Inc said that “We are pleased with the drill results to date, especially the massive sulphide intersection encountered in drill hole number GT11 01 which intersected mineralization unlike any previously reported in the area and indicated that the geological environment may be appropriate for the emplacement of typical Abitibi style massive sulphide copper and zinc mineralization. We hope the core logging and assays from the second tier of holes will allow us to define a plunge for the zone enabling us to plan additional drilling.”

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