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GLBXF / Orford Discovers New Gold Zone and Continues to Report Thick Gold Intersections in the South Gold Zone of the Joutel Eagle Property under option from Globex

Orford Discovers New Gold Zone and Continues to Report Thick Gold Intersections in the South Gold Zone of the Joutel Eagle Property under option from Globex

ROUYN-NORANDA, Quebec, March 31, 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 Exch anges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that Orford Mining Corporation (TSXV-ORM) (Orford) has reported that it has drilled a possible new gold bearing horizon 150 meters to the north of the South Gold Zone on the Joutel Eagle Property (“Joutel Eagle”). Hole 23-JE-007 has reported 1.3 g/t Au over 16.1 metres from 201.0 metres including higher grade intervals of up to 4.5g/t Au over 1.1 m, in a previously untested area of the Joutel Eagle Property. New Results from hole 23-JE-015 in the South Gold Zone reported 1.10g/t Au over 54.7 metres including higher grade intervals of up to 9.1g/t over 0.4 m. This hole was drilled in the South Gold Zone, 25 metres southeast of the previously reported results from 23-JE-004 (14.6 metres of 4.1 g/t). The majority of assays from the recently completed 2023 drill program are pending. Note that drilling intervals are down-hole lengths. True thicknesses cannot be estimated with available information (click here to access Orford's press release). Read More

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Content Topics

Orford

Discovers

Gold

Zone

Continues

Report

Thick

Intersections

Joutel

Property

Option

Globex

Stock

GLBXF

Posted: Mar 31 2023, 09:00

Author Name: GlobeNewsWire

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