Northwire Canada EditionWednesday, July 29, 2026
Northwire
NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Drill Results

Globex Mining talks sampling at Red Star

GMX · Price

Executive Summary

  • Globex Mining Enterprises Inc. disclosed assay results from grab and chip samples on its 100 % owned Red Star property in Clark County, Nevada, showing high‑grade silver up to 1,171 g/t Ag and gold up to 11.5 g/t Au.
  • Multiple epithermal mineralization pulses were identified (A1, A2, B), with several samples returning significant gold‑silver equivalents, e.g., 20.4 g/t Au‑eq, 46.2 g/t Ag in vein material.
  • The property comprises 16 unpatented lode claims covering 133.78 ha (330.57 ac) and hosts two major vein systems (Red Star – ~2 km strike, Double Standard – 470 m western segment).

Key Details

  • Property Overview: 16 100‑percent owned, unpatented lode claims; total area 133.78 ha (330.57 ac) in Clark County, Nevada.
  • Vein Systems:
  • Red Star vein – ~2 km strike length, average dip 55°N, average width ≈4 m (max 23 m).
  • Double Standard vein – 1,300 m strike, western segment 470 m staked by Globex, dip ~70°N, widths 0.2–1.5 m.
  • Sampling Program: 65 rock samples (grab & linear chip) from Red Star and adjacent veins; plus 2 off‑property samples.
  • Assay Highlights:
  • Silver: up to 1,171 g/t Ag.
  • Gold: up to 11.5 g/t Au.
  • Pulse A1 (intermediate‑sulphidation): up to 9.6 g/t Au, 70 g/t Ag.
  • Pulse A2 (low‑sulphidation, most volumetric): notable results – R‑21: 0.73 ppm Au / 4.1 ppm Ag; R‑51: 0.558 ppm Au / 3.8 ppm Ag; R‑40: 2.01 ppm Au / 46.2 ppm Ag.
  • Pulse B (late low‑sulphidation with intermediate injections): ginguro‑rich quartz samples – 5.67 g/t, 20.4 g/t, 4.83 g/t, 20.1 g/t, and 11.42 g/t Au‑eq.
  • Geological Context: Epithermal low‑ and intermediate‑sulphidation mineralization; three multiquartz generation pulses identified (A1, A2, B). Vein widths vary from <1 m to 23 m; average vein width ~4 m.
  • Analytical Methods: Samples sent to American Assay Laboratories (ISO 17025) – ICP‑OES for 11 elements, fire assay + ICP‑OES for Au, gravimetric confirmation for >10 ppm Au / >100 ppm Ag.
  • Caveat: Grab and chip samples are selective; results may not represent average grades.

Notable Quotes

(No direct quotes were provided in the release.)

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