Significant Antimony Discoveries at Bald Hill Drilling Site
Exciting New Developments at Bald Hill
Globex Mining Enterprises Inc. (TSX: GMX, OTC: GLBXF) has made significant advancements in their exploration activities at the Bald Hill Antimony Property. Located in a region known for geological richness, this site has become a focal point of interest for both the company and its shareholders.
Drilling Progress and Findings
Recent reports indicate that approximately 1,600 meters of the planned 2,500-meter drill program have been completed. Notably, the drilling has revealed impressive geological formations, with many drill holes, about 80% of the total, intersecting sections of massive stibnite and stibnite-bearing breccia. This suggests a promising concentration of antimony-bearing mineralization, with surface outcroppings extending over a distance of at least 300 meters.
Key Indications of Mineralization
The presence of stibnite, a principal ore of antimony, signals a potentially lucrative mining opportunity. Stibnite's properties make it an essential mineral in various applications, including flame retardants, alloys, and electronics. The continued exploration at Bald Hill suggests that Globex Mining Enterprises could be on the verge of tapping into a valuable resource.
Expert Oversight and Quality Assurance
The technical aspects of the drilling program and findings have been meticulously reviewed and sanctioned by qualified professionals, including Jim Atkinson, MSc., P.Geo. His validation of the data underscores the reliability of the reports emanating from the project. The oversight of qualified individuals ensures that the information provided to stakeholders is both accurate and dependable.
Company Leadership and Vision
This endeavor is being led by Jack Stoch, P.Geo., the President and CEO of Globex Mining Enterprises Inc. His leadership and vision for the project reflect the company's commitment to high standards and thorough exploration practices. Under his guidance, the exploration efforts aim to maximize the potential yields from Bald Hill.
Contact Information for Stakeholders
Globex Mining welcomes inquiries from investors and interested parties regarding the development at Bald Hill. Jack Stoch can be reached directly at:
Jack Stoch, P.Geo., Acc.Dir.
President & CEO
Globex Mining Enterprises Inc.
86, 14th Street
Rouyn-Noranda, Quebec Canada J9X 2J1
Tel.: 819.797.5242
Fax: 819.797.1470
Email: info@globexmining.com
Frequently Asked Questions
What are the latest discoveries at Bald Hill?
Recent drilling reveals significant amounts of stibnite and antimony-bearing mineralization, indicating a strong potential for mining.
How much of the drilling program is complete?
A total of 1,600 meters out of the planned 2,500 meters has been successfully drilled.
Who reviews the technical data from the drilling?
The data is reviewed and approved by qualified professionals such as Jim Atkinson, a registered geologist.
Who leads Globex Mining Enterprises?
Jack Stoch serves as the President and CEO, overseeing exploration and operational strategies.
What is the significance of stibnite?
Stibnite is the primary ore for antimony and is crucial in various industrial applications, enhancing the economic potential of the Bald Hill property.
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