Mr. Jack Stoch reports
GLOBEX REPORTS THAT EMPEROR TO RESUME DRILLING AT THE DUQUESNE WEST GOLD PROPERTY
Emperor Metals Inc. has resumed drilling on the Duquesne West property in Duparquet township, Quebec, which is under option from Duparquet Assets Ltd., 50 per cent owned by Globex Mining Enterprises Inc.
Historical and recent drilling by Emperor totals approximately 120,000 metres, and Emperor believes that this represents only 15 per cent to 20 per cent of what is needed in order to define the gold deposit to a depth of 1,000 metres. Emperor has reported a conceptional model orebody of 1.46 million gold ounces, of which 44 per cent may be open-pit minable and 56 per cent minable by underground methods.
The drill program is slated to total between 10,000 and 15,000 metres, focused on expanding the open-pit footprint, adding incremental ounces within the host rock surrounding high-grade lenses and twinning select historical drill holes, particularly those either excluded from the MMRE (maiden mineral resource estimate), or downgraded to the inferred category due to the absence of presumed core or collar data. In addition, Emperor will continue assaying unsampled historical core from Globex's core library from holes within the conceptual open-pit boundaries.
Shareholders are invited to read the entire Emperor news release.
This news release was written by Jack Stoch, PGeo, executive chairman and chief executive officer of Globex, in his capacity as a qualified person (QP) under National Instrument 43-101.
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