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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Jul 15, 2026 · 14:57