Globex Mining Enterprises Inc. (TSX:GMX, OTCQX:GLBXF) told shareholders that Orford Mining (TSX-V:ORM) has mobilized a drill to undertake a 2,000-metre (m) drill program on the South Gold Zone within the Joutel Eagle Gold property in Quebec, which is under option from Globex.
According to the Quebec-based mineral property bank, previous drilling by Orford during its initial drill program returned 2 grams per ton (g/t) gold (Au) over 20.65m in Hole 22-JE-001, 1.24 g/t Au over 28.10m in Hole 22-JE-002 and 1.11 g/t Au over 20.64m, including 14.7 g/t Au over 0.64m in Hole 22-JE-003.
The new drill program is intended to test a 400-meter strike length of the South Gold Zone, pointed out Globex.
Investors can find more details regarding Oxford’s drill program at the Joutel Eagle property here.
Meanwhile, Globex told shareholders that adjoining and along strike to the northwest of Orford’s Joutel Eagle property, Globex has an 18 cell, 1,006-hectare property called Mistaouac where, through compilation work, it has identified two high priority geophysical targets.
The company said it is currently planning targeted geophysical surveys over the two priority areas and, depending on weather conditions, time constraints and drill availability, it plans to test both targets.
Contact the author Uttara Choudhury at uttara@proactiveinvestors.com
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