Globex Mining Enterprises Closes Two More Property Deals

ROUYN-NORANDA, Quebec, Aug. 25, 2020 -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz Stock Exchangesand GLBXF – OTCQX International in the US) is pleased to inform shareholders of two additional property deals. 
 
In the first case, Globex sold 100% interest in all 16 cell fractions of the Sigma East Property, located east of the Sigma Mine and 1 cell fraction, the Sigma 2 property, to Eldorado Gold Quebec Inc., a subsidiary of Eldorado Gold Corporation (ELD-TSX), for a single cash payment of CAD $1,606,000.00.  Historical drilling intersected erratic gold mineralization on several of the cells.
 
In the second case, Globex sold six (6) cells in the Windfall mining camp to Osisko Mining Inc. (OSK-TSX).  One of the Windfall area cells is on strike and to the east of Osisko’s Windfall gold deposit, three are further southeast and off the main structure and two are near, to southwest and on strike of the Black Dog gold deposit.  In exchange for the cells, Osisko has paid Globex one hundred thousand dollars ($100,000.00) in cash.  Globex has retained a two percent (2%) Gross Metal Royalty.
Read more: Globex Mining Enterprises ( GMX )

Skeena Intersects 25.03 g/t AuEq over 35.42 metres in 21A Zone at Eskay Creek New Discovery of Deep Mineralization in Lower Mudstones

VANCOUVER, BC / August 25, 2020 / Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) ("Skeena" or the "Company") is pleased to announce gold-silver drill results from the 2020 Phase I surface drilling program at the Eskay Creek Project ("Eskay Creek") located in the Golden Triangle of British Columbia. Six ground-based and helicopter supported diamond drill rigs are being utilized for the 2020 Phase I program in the 21A, 21B and 21C Zones for Preliminary Feasibility Study ("PFS") resource category conversions. Additionally, the Company is also conducting exploratory drilling in the near-mine environment testing the Water Tower Zone ("WTZ") as well as the largely underexplored Lower Mudstone ("LM") sequences, which lie beneath the historically mined Contact Mudstone sequences. Reference images are presented at the end of this release as well as on the Company's website.
 
Phase I - 21A Zone Infill Drilling Highlights: Excellent grades over substantial thicknesses
 
5.93 g/t Au, 40 g/t Ag (6.46 g/t AuEq) over 34.40 metres (SK-20-274)
21.90 g/t Au, 235 g/t Ag (25.03 g/t AuEq) over 35.42 metres (SK-20-290)
6.52 g/t Au, 24 g/t Ag (6.84 g/t AuEq) over 36.50 metres (SK-20-291)
Read more: Skeena Resources Limited ( SKE )

Rockridge Receives Drill Permit and Prepares for Upcoming Minimum 3,000 Metre Diamond Drilling Program at its Raney High-Grade Gold Project Southwest of Timmins, Ontario

VANCOUVER, British Columbia, Aug. 20, 2020  -- Rockridge Resources Ltd. (TSX-V: ROCK)(OTCQB: RRRLF) (Frankfurt: RR0) (“Rockridge” or the “Company”) is pleased to announce that it plans to mobilize and commence an exploration drilling program at its Raney Gold Project located southwest of Timmins, Ontario, Canada (the “Raney Gold Project” or “Property”) in early September 2020. A permit for the program has been received providing for exploration activities including diamond drilling to be conducted over a three-year period.
 
The results of the recently completed summer field program at the Raney Gold Project assisted in delineating and prioritizing drill targets over the extensive structural corridor that hosts the high-grade gold mineralization. A minimum 3,000 metre diamond drilling program is planned to test the strike and down plunge extent of the high-grade intercepts identified during the previous drill program.
 
Raney Gold Project Location Map:
 
Highlights:
 
The Raney Gold Project is a large prospective gold property covering ~2,800 hectares located ~110 km southwest of the prolific gold district of Timmins, Ontario
Recent mineral staking to the west places the Raney Gold Project adjacent to Newmont Goldcorp’s Borden Gold Mine project
Read more: Rockridge Resources ( ROCK )

Nexus Gold Drills 13.25 g/t Au Over 2.75m, Including 36.2 g/t Au Over 1m at the McKenzie Gold Project, Red Lake, Ontario

Vancouver, Canada - August 18, 2020 - Nexus Gold Corp. (" Nexus " or the " Company ") (TSXV:NXS ) ( OTC:NXXGF ) ( FSE:N6E) is pleased to report it has received initial assay results from the first six holes of the recently completed phase one drill program at the Company's 100% owned McKenzie Gold Project, located in Red Lake, Ontario.
 
This first round of drilling conducted in the St. Pauls Bay area was designed to test depth extensions of surface rock sampling conducted by the company in June and November of 2019, and to test historic drill intercepts encountered by the properties previous owners in 2001-2005.
 
Of the first six holes drilled (784 total meters), six returned elevated gold assays while the last three holes MK2020-004, 005, and 006, all contained zones reporting visible gold. Significant gold results were returned from hole MK 2020-006 which intersected a zone containing a blue gray quartz vein and returned values of 13.25 grams-per-tonne ("g/t") gold ("Au") over 2.75 meters from 68.75 to 71.50 meters, which includes one meter of 36.20 g/t Au.
Read more: Nexus Gold Corp ( NXS )

Amex Drills High Grade Results in the HGZ in the Eastern Gold Zone Hole PEM-20-005 - 32.41 g/t Au over 15.60 m Hole PE-20-179 – 11.71 g/t Au over 8.10 m

MONTREAL, QC /  August 18, 2020 / Amex Exploration Inc. ("Amex or the Company") (TSXV:AMX)(FRA:MX0)(OTCQX:AMXEF) is very pleased to report further results from the High Grade Zone (HGZ), located in the Eastern Gold Zone (EGZ) on the 100% owned Perron property in northwestern Quebec, Canada. The EGZ is comprised of multiple parallel gold zones including the HGZ and the Denise Zone. A select list of results is provided in Table 1. In addition, Amex wishes to report that it has intersected visible gold in the deepest hole (PE-20-185) drilled to date in the HGZ at approximately 1,025 m vertical depth. The core is being sent to the lab for assaying.
 
Highlights include: (see Figure 1 - HGZ Long Section for hole locations)
 
Hole PEM-20-005 intersected 32.41 g/t Au over 15.60 m, including 125.63 g/t Au over 0.50 m and 853.40 g/t Au over 0.50 m at a vertical depth of approximately 150 m. PEM-20-005 was drilled as large diameter PQ size core which provided substantially more rock mass than typical NQ size drill core for assaying and offers a more accurate representation of the gold mineralization.
Hole PE-20-179 intersected 11.71 g/t Au over 8.10 m, including 92.19 g/t over 1.00 m at a vertical depth of approximately 820 m. This is the 2nd deepest hole in the HGZ and continues to expand high-grade gold mineralization at depth.
Read more: Amex Exploration Inc ( AMX )

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