Maple has announced final results “from (5) follow-up holes for which partial results were previously reported (see Maple news release of
Figure 1: Plan view showing all 2022 drill holes (28) at Eagle with lines of section for Figures 2 and 3.
Figure 2: NW-looking cross section (85 m total width) highlighting new assay results (gold boxes) and previously reported/historical intercepts (white boxes) along well-defined sub-parallel horizons.
Figure 3: NE-looking long section (55 m total width) highlighting the location of the EM-22-015 intercept (10.3 g/t Au over 7.8 m) relative to pre-existing grade contouring in the North Mine Horizon. Note the open area extending down-plunge from hole E-19 (19.6 g/t Au over 7.9m).
“The company’s latest drilling in the northern splay of the main mine horizon (the “North Mine Horizon”) has returned the best intercept to-date.”
Highlights: (per Maple press release)
- Drill hole EM-22-015 intersected 10.3 g/t gold ("Au") over 7.8 metres ("m"), including 41.1 g/t Au over 1.0 m in the North Mine Horizon.
- Further up-hole, EM-22-015 intersected 4.3 g/t Au over 3.9 m, including 6.6 g/t Au over 2.0 m, demonstrating the potential for the North Mine Horizon to be wider than what was previously interpreted (see Figure 2).
- The EM-22-015 intercepts are located down-plunge from historical high-grade, near-surface drill results from a geologically similar hole (E-19: 19.6 g/t Au over 7.9 m, as well as 17.5 g/t Au over 5.6 m further up-hole) in an area with limited drilling that remains open further down-plunge (see Figure 3).
- EM-22-015 has now returned seven (7) separate intercepts over a 120 m interval starting from 142.5 m downhole.
- Assays are still pending for roughly 20% of the Company's 2022 drilling at Eagle.
"Drill results continue to support the Company's view that multiple sub-parallel gold horizons exist beyond what was historically mined at Eagle and have expanded our target areas along a broader mineralized corridor over a stratigraphic thickness that now exceeds 100 metres in width," stated
Globex is pleased with the progress by Maple to date on the optioned Eagle Mine Property.
This press release was written by
We Seek Safe Harbour. | Foreign Private Issuer 12g3 – 2(b) |
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For further information, contact: | |
President & CEO 86, 14th Street | 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
Three maps accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/aa51c825-56f7-4489-b397-912b433c6cfe
https://www.globenewswire.com/NewsRoom/AttachmentNg/f349ed23-a95b-4140-bfdc-05e1de7bbb71
https://www.globenewswire.com/NewsRoom/AttachmentNg/040bbf66-6650-4b08-8ebd-a60530b374ac
Figure 1
Plan view showing all 2022 drill holes (28) at Eagle with lines of section for Figures 2 and 3.
Figure 2
NW-looking cross section (85 m total width) highlighting new assay results (gold boxes) and previously reported/historical intercepts (white boxes) along well-defined sub-parallel horizons.
Figure 3
NE-looking long section (55 m total width) highlighting the location of the EM-22-015 intercept (10.3 g/t Au over 7.8 m) relative to pre-existing grade contouring in the North Mine Horizon. Note the open area extending down-plunge from hole E-19 (19.6 g/t Au over 7.9m).
2023 GlobeNewswire, Inc., source