Globex Intersects Wide Zones of Manganese and Iron

- October 12th, 2011

Globex Mining Enterprises Inc. (TSX:GMX,FWB:G1M,OTCQX:GLBXF) reported assay results of two drill holes from its manganese-iron property.

Globex Mining Enterprises Inc. (TSX:GMX,FWB:G1M,OTCQX:GLBXF) reported assay results of two drill holes from its manganese-iron property.

As quoted in the press release,

Two holes were drilled back to back, due to the physical characteristics of the topography and access issues. The first hole GNB11-2 was drilled at 110° for a length of 320 meters. The second hole GNB11-3 was collared approximately 2 meters behind GNB11-2 and drilled in the opposite direction of 290° for a length of 57 meters.

Samples between the various horizons also ran several percent Mn and up to 7 % Fe. The intersections above are core lengths. As one set of holes were drilled, the next series of holes will include holes beneath these holes in order to determine the true widths.

Click here to read the Globex Mining Enterprises Inc. (TSX:GMX,FWB:G1M,OTCQX:GLBXF) press release.   

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