Globex Reports High Rare Earth Assays
GLOBEX MINING ENTERPRISES INC. (TSX: GMX)(FRANKFURT: G1M)(PINK SHEETS: GLBXF) is pleased to inform shareholders that we have received assays from five surface samples taken on our Coconut Club showing discovered east of Kipawa, Quebex on Globex's +20,000 ha, 100% owned Hunters Point uranium, gold, rare earth property. Previous analysis of the samples showed that many of the assays were extremely anomalous and beyond the analytical capability of the method used: It could only measure up to 10,000 ppm or 1% on many of the rare earth elements. The following are the assays as reported by Activation Laboratories of Ancaster, Ontario. The Coconut Club showing is located within a 2.5 km long radiometric anomaly.
- Published: 04 March 2010
- Written by Editor