Emperor Defines Plunge of High-Grade Gold Zones on Optioned Duquesne West Gold Project
ROUYN-NORANDA, Quebec, June 26, 2025 (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 Emperor Metals Inc. (AUOZ-CSE, EMAUF-OTCQB, 9NH-FSE) has provided an update on their drilling and resulting geological interpretation of certain structural controls at the optioned, 50% Globex owned, Duquesne West Gold Property in the Abitibi of Quebec. See Emperor's press release by clicking here for further information.
Compiling historical and more current drill results has allowed Emperor to interpret two plunge directions; one trending eastly as suggested by high-grade gold holes DQ95-21, DQ03-18 EXT, DQ04-21, DQ97-79 and DQ04-22 and one trending westerly as suggested by hole DQ24-12.
Long-Section view of Duquesne West looking North and showing the two gold trends.
A high-grade westerly trend and a main easterly trending gold trend. – Emperor Metals
Note: Core lengths reported are as drilled not true widths which are 90%, plus or minus 5%.
The current and historical drill results and new interpretation of the plunges of the high-grade mineralization will be incorporated into a new resource calculation to be completed and made public in the coming weeks.
This press release was written by Jack Stoch, P. Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.) under NI 43-101 and approved by Emperor Metals Inc.
We Seek Safe Harbour. Foreign Private Issuer 12g3 – 2(b)
CUSIP Number 379900 50 9
LEI 529900XYUKGG3LF9PY95
For further information, contact:
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
Fax: 819.797.1470
info@globexmining.com
www.globexmining.com
Forward-Looking Statements: Except for historical information, this news release may contain certain 'forward-looking statements'. These statements may involve a number of known and unknown risks and uncertainties and other factors that may cause the actual results, level of activity and performance to be materially different from the expectations and projections of Globex Mining Enterprises Inc. ('Globex'). No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Globex will derive therefrom. A more detailed discussion of the risks is available in the 'Annual Information Form' filed by Globex on SEDARplus.ca.
An image accompanying this announcement is available at
56,095,836 shares issued and outstanding
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
National Post
25 minutes ago
- National Post
Leafs GM Brad Treliving 'anticipates' Mitch Marner hitting open market in free agency
The long goodbye to Mitch Marner is nearing its end. Article content In his media availability heading into the National Hockey League draft and free agency, Maple Leafs general manager Brad Treliving wasn't bursting with optimism that the club will retain the star winger. Article content Article content Not that we expected that Treliving was going to emerge in the Leafs dressing room at the Ford Performance Centre early on Thursday afternoon and tell us that a new contract with Marner was imminent. Article content Article content 'Unless there's a significant change here, I would anticipate that he's going to hit the market,' Treliving said. 'I wouldn't say a whole lot of change right now (in talks with Marner's agent, Darren Ferris). We're approaching free agency. We've had communication.' Article content Treliving on Marner: "We've had communication. Probably describe it, unless there's a significant change here, I would anticipate that he's going to hit the market." #Leafs — Terry Koshan 🇺🇦 (@koshtorontosun) June 26, 2025 Article content Ferris didn't immediately return a text seeking comment. Article content The plan on Marner's side has been to go to July 1 and sift through offers, of which there should be plenty, before making a decision. As the top player available in free agency, Marner is likely going to land somewhere in the range of $13 million to $14 million US a year on his next contract. Article content Vegas, Los Angeles, Dallas, Anaheim and Carolina are thought to be the team that will be at the front of the line to sign the 28-year-old. Article content
CTV News
31 minutes ago
- CTV News
Lottery ticket purchased in Calgary wins $5M
A winning Lotto 6/49 ticket was sold in Quebec and drawn on April 4, 2025. (Loto-Québec) A Lotto 6-49 ticket bought somewhere in Calgary is worth a whopping $5 million. The Western Canada Lottery Corporation says the ticket won the Classic jackpot for the June 25 draw. The winning numbers were: 4, 8, 15, 20, 40 and 49 (exact match only). The winner or winners have one year to claim their prize.
CTV News
32 minutes ago
- CTV News
City of Barrie showcases Canadian pride in massive way
A 150-foot tall flagpole with a flag, measuring 35 feet by 70 feet, flies at the Barrie-Simcoe Emergency Services Campus on Fairview Road in Barrie, Ont. The City of Barrie has put its national pride on display in a big way, with the unveiling of a massive Canadian flag, just in time for Canada Day. The flag, measuring 35 feet by 70 feet, flies atop a 150-foot-tall flagpole, and is located at the Barrie-Simcoe Emergency Services Campus on Fairview Road in the city's south end. Mayor Alex Nuttall attended Thursday's unveiling and highlighted the importance of the new installation. 'This flag isn't just a new landmark, it's a symbol of the pride we feel for our city, our province, and our country,' he said. Local developer Skyline provided the financial support for the project. 'We're honoured to have contributed to bringing this project to life,' noted Jason Castellan, Skyline co-founder and CEO. Barrie Canadian Flag A 150-foot tall flagpole with a flag, measuring 35 feet by 70 feet, flies at the Barrie-Simcoe Emergency Services Campus on Fairview Road in Barrie, Ont. The mayor also touched on the flag's symbolism amid tensions between Canada and the United States. 'As conversations about national identity have taken place beyond our borders, this flag is a reminder of who we are, and the values that bring us together,' Nuttall added. The towering flagpole and its gigantic flag is strategically placed to be visible from various locations throughout the city and Highway 400, the mayor emphasized. 'This Canada Day, our patriotic pride will be highlighted for both residents and folks just passing through on their way to the cottage.'
