Globex provided shareholders with our principal observations and conclusions from our initial review of Francoeur and Arntfield Gold Mine property data.
As indicated in the press release, field visits were undertaken to a number of outcrops areas directly east and approximately 220 m to 330 m along strike of the drill hole FS‐16‐35 shallow gold intersection of 1.19 g/t Au over 40.19 m reported in a press release of January 25, 2017.
Two samples from an old trench found approximately 240 m east of our drill hole returned assays of 13.06 g/t Au and 1.68 g/t Au. Further to the east grab samples from various outcrops were for the most part anomalous in gold with individual assays of up to 4.08 gpt Au.
At the same time, Globex geologists located, 750 m southeast of our drill hole, an old trench partially exposed over a 20 m length which in grab samples returned the following assays as well as a number of highly anomalous values, 10.18 g/t Au, 10.15 g/t Au, 9.53 g/t Au, 6.79 g/t Au and 1.54 g/t Au. (Note: Grab samples are selective by nature and are unlikely to be representative of average grades.
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