The following are some of the drill intersections reported, all from shallow depths:
----------------------------------------------------------------------------Hole # From To Interval Zn % Cu % Au g/t Ag g/t----------------------------------------------------------------------------A-005 131.4 m 140.2 m 8.8 m 5.70% 6.96 g/t----------------------------------------------------------------------------A-010 97.3 m 105.2 m 7.9 m 4.43% 4.94 g/t 25.36 g/t----------------------------------------------------------------------------A-016 18.9 m 21.2 m 2.3 m 1.51% 6.43 g/t -------------------------------------------------------------------- 76.2 m 77.7 m 1.5 m 3.45% 8.91 g/t----------------------------------------------------------------------------A-061 91.6 m 100.6 m 9.0 m 3.76% 0.16% 3.00 g/t 17.24 g/t -------------------------------------------------------------------- 107.1 m 115.7 m 8.6 m 6.15% 0.17% 8.14 g/t 39.70 g/t----------------------------------------------------------------------------A-062 59.3 m 61.1 m 1.8 m 6.92% 4.62 g/t 17.14 g/t----------------------------------------------------------------------------A-063 113.7 m 114.3 m 0.6 m 17.55% 49.23 g/t 404.64 g/t -------------------------------------------------------------------- 129.4 m 132.8 m 3.4 m 8.86% 8.88 g/t 68.16 g/t -------------------------------------------------------------------- 138.9 m 141.5 m 2.6 m 4.69% 4.04 g/t 11.14 g/t----------------------------------------------------------------------------A-065 121.6 m 125.7 m 4.6 m 7.67% 6.08 g/t 21.56 g/t -------------------------------------------------------------------- 139.8 m 144.5 m 4.7 m 2.80% 3.55 g/t 7.64 g/t -------------------------------------------------------------------- 164.7 m 167.2 m 2.5 m 3.13% 6.95 g/t 15.44 g/t----------------------------------------------------------------------------A-066 100.6 m 101.8 m 1.2 m 22.90% 36.65 g/t 39.73 g/t -------------------------------------------------------------------- 159.8 m 168.8 m 9.0 m 6.26% 5.19 g/t 19.60 g/t----------------------------------------------------------------------------A-067 157.1 m 158.2 m 1.1 m 16.75% 10.96 g/t----------------------------------------------------------------------------A-072 188.7 m 190.9 m 2.2 m 5.08% 3.13 g/t----------------------------------------------------------------------------A-073 144.8 m 145.1 m 0.3 m 27.90% 32.88 g/t----------------------------------------------------------------------------A-076 126.3 m 129.8 m 3.5 m 11.07% 3.02 g/t----------------------------------------------------------------------------A-083 94.3 m 96.3 m 2.0 m 4.45% 3.79 g/t 10.34 g/t -------------------------------------------------------------------- 119.4 m 132.6 m 13.2 m 4.99% 2.88 g/t 15.91 g/t----------------------------------------------------------------------------A-084 130.3 m 142.8 m 12.5 m 4.58% 5.10 g/t 17.18 g/t----------------------------------------------------------------------------A-086 50.9 m 52.1 m 1.2 m 7.00% 15.07 g/t 59.60 g/t----------------------------------------------------------------------------A-103 56.4 m 59.4 m 3.0 m 5.84% 11.61 g/t----------------------------------------------------------------------------U-02 44.9 m 45.6 m 0.7 m 2.95% 17.81 g/t 89.74 g/t -------------------------------------------------------------------- 90.4 m 91.4 m 1.0 m 13.80% 26.72 g/t 58.91 g/t -------------------------------------------------------------------- 95.8 m 108.7 m 12.9 m 5.75% 3.11 g/t 15.17 g/t----------------------------------------------------------------------------U-03 8.2 m 16.6 m 8.4 m 13.09% 6.98 g/t 20.71 g/t -------------------------------------------------------------------- 49.4 m 64.0 m 14.4 m 8.69% 3.41 g/t 17.49 g/t----------------------------------------------------------------------------U-04 17.4 m 19.7 m 2.3 m 12.77% 4.60 g/t 14.65 g/t -------------------------------------------------------------------- 85.9 m 86.6 m 0.7 m 7.05% 37.68 g/t 78.09 g/t----------------------------------------------------------------------------U-09 71.8 m 75.8 m 4.0 m 2.32% 4.32 g/t 12.43 g/t----------------------------------------------------------------------------SU-23 2.8 m 10.6 m 7.8 m 3.98% 3.33 g/t 20.54 g/t----------------------------------------------------------------------------SU-52 0.0 m 5.0 m 5.0 m 3.88% 3.01 g/t 19.82 g/t----------------------------------------------------------------------------SU-59 0.0 m 4.1 m 4.1 m 5.40% 3.51 g/t 31.04 g/t----------------------------------------------------------------------------TA-87-27 31.1 m 32.3 m 1.2 m 5.60% 17.98 g/t 37.33 g/t----------------------------------------------------------------------------TA-87-40 81.1 m 83.5 m 2.4 m 10.05% 2.96 g/t 50.05 g/t---------------------------------------------------------------------------- 91.4 m 94.2 m 2.8 m 10.82% 3.23 g/t 19.19 g/t----------------------------------------------------------------------------TA-90-50 65.5 m 70.1 m 4.6 m 4.12% 6.78 g/t 10.12 g/t -------------------------------------------------------------------- 84.6 m 87.5 m 2.9 m 3.90% 3.20 g/t -------------------------------------------------------------------- 95.5 m 106.7 m 11.2 m 10.39% 0.10% 2.54 g/t 19.26 g/t -------------------------------------------------------------------- 114.0 m 129.5 m 15.5 m 6.57% 0.10% 8.05 g/t 23.58 g/t----------------------------------------------------------------------------TA-90-51 197.4 m 200.0 m 2.6 m 5.39% 0.21% 3.52 g/t 20.10 g/t----------------------------------------------------------------------------TA-90-52 201.2 m 203.3 m 2.1 m 5.21% 5.70 g/t 11.60 g/t----------------------------------------------------------------------------TA-90-56 81.0 m 84.4 m 3.4 m 5.75% 4.06 g/t -------------------------------------------------------------------- 164.4 m 166.9 m 2.5 m 5.23% 6.18 g/t -------------------------------------------------------------------- 215.7 m 219.6 m 3.9 m 6.74% 3.95 g/t----------------------------------------------------------------------------TLT-09 247.4 m 249.7 m 2.3 m 4.28 g/t----------------------------------------------------------------------------
Source: Technical Review (NI 43-101 Compliant) & Evaluation of the Exploration Potential on the Berrigan Gold-Silver-Zinc Project, McKenzie Township, Chibougamau, May 17, 2012 (revised Aug. 15, Oct. 30 and Nov. 26, 2012) by Claude Larouche, geo., ing (OIQ).
Chibougamau Independent Mines Inc. and Globex Mining Enterprises Inc. look forward to realizing the true value of the Chibougamau area assets through this spinout company.
Jack Stoch, P. Geo., President and Chief Executive Officer of Globex and CIM, is a Qualified Person on the CIM's properties. Mr. Stoch has read and approved the disclosure of the technical information in this news release.
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Contacts:
Jack Stoch, P.Geo., Acc.Dir.
President & CEO
Globex Mining Enterprises Inc.
819.797.5242
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[email protected]
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