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Globex Mining Enterprises updates on resource filing for East Cadillac gold property, Canada

The report covers Globex’s Nordeau West and East gold zones, and Bateman gold area and other claims

The report covers Globex’s Nordeau West and East gold zones
The report covers Globex’s Nordeau West and East gold zones

Globex Mining Enterprises Inc (TSE:GMX) (OTCMKTS:GLBXF) reported that Chalice Gold Mines Ltd (TSE:CXN) has filed an amended NI 43-101 report for its East Cadillac Gold property in the Abitibi gold belt of Canada

The report covers Globex’s Nordeau West and East gold zones, and Bateman gold area and other claims but does not include recent work.

Globex highlighted that the report, among other things, recommended that work programs should include diamond drilling focused on further delineating the resource at Nordeau West.

At Nordeau West, the report showed an indicated resource of 78,556 ounces at 2.12 g/t (gram per ton) gold, using a 1 g/t (cut-off).  Inferred, using 1 g/t cut-off came in at 289,532 ounces at 2.41 g/t of the yellow metal.

Quick facts: Globex Mining Enterprises Inc.

Price: 0.385 CAD

TSX:GMX
Market: TSX
Market Cap: $20.94 m
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