Globex Mining Enterprises has completed the diamond drilling program of 811 m, totaling three holes, at the 100% owned North Star gold property. This property is located at Isaac’s Harbour in Nova Scotia.
The company drilled the initial hole GNS-11-1 to 139 m depth for cutting gold reported from the previous hole CIH-99-02, drilled by Indocan Resources in 1999. Two visible gold occurrences were identified in the hole, which yielded 0.70 g/t gold over 1.05 m and 0.68 g/t gold over 1 m.
Globex drilled the hole GNS-11-2 to 536 m of depth to cut gold reported in past Indocan hole CIH-99-05. Narrow quartz veins including arsenopyrite, chalcopyrite, pyrite and pyrrhotite were encountered. The company intersected 128.38 g/t gold and 24.53 g/t gold over 1 m in the hole GNS-11-2. The company completed drilling of the hole at 536 m in anomalous material.
Drilling of the hole GNS-11-3 was done to 136 m of depth and a magnetic anomaly was tested, which was identified in Globex’s 2010 magnetometer survey. The company did not cut any values significantly.
Perry MacKinnon directed the splitting of samples at Isaac's Harbour in Nova Scotia and the samples were delivered in sealed bags to Quebec-based Laboratoire Expert for analysis. Standard fire assay along with an atomic absorption finish was conducted on all the samples. Metallic sieve analysis was conducted on visible gold or samples yielding more than 500 ppm gold.
Source: http://www.globexmining.com/