Joutel

Globex Property Optionee Orford Intersects Wide Gold Zones Again

Retrieved on: 
Thursday, April 20, 2023

23-JE-016 was drilled to confirm the presence of the South Gold Zone to the south of hole 23-JE-008.

Key Points: 
  • 23-JE-016 was drilled to confirm the presence of the South Gold Zone to the south of hole 23-JE-008.
  • Shareholders are directed to Orford’s press release of today’s date for details of the current assay results and historical South Gold Zone assays.
  • Map of the Joutel Eagle South Gold Zone Showing New Results and Completed Drilling.
  • This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

More Progress by Orford on Optioned Globex Property

Retrieved on: 
Tuesday, February 21, 2023

The South Gold zone was known as a thick low-grade zone with good potential but is now proven to have a much higher-grade component.

Key Points: 
  • The South Gold zone was known as a thick low-grade zone with good potential but is now proven to have a much higher-grade component.
  • Results reported in this news release are for samples that were sent for analysis on “rush” all other remaining assays are outstanding and drilling is ongoing.
  • Interpretation of the historical and present South Gold Zone drill results is ongoing and will be completed once all assays from the 2023 drill program have been received.”
    Globex is very pleased by Orford’s progress on our Joutel Eagle Property and looks forward to results from the continuing drill program.
  • This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

Globex Option Partner Orford Advances Joutel Exploration

Retrieved on: 
Friday, December 2, 2022

km) in the Joutel Mining Camp (click to Globexs November 30, 2021 press release for option details).

Key Points: 
  • km) in the Joutel Mining Camp (click to Globexs November 30, 2021 press release for option details).
  • Globex is very pleased with the pace and progress made by Orford and looks forward to the January drill program.
  • Globex has acquired a block of 18 claims, the Mistaouac NE Property, tying onto the on-strike extension of the Eagle Northwest claim block where Globex has identified several prospective drill targets.
  • This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

Orford Intersects Wide Gold Intersections at Optioned Globex’s Joutel Eagle Property

Retrieved on: 
Tuesday, June 7, 2022

Current drill holes 22-JE-02 and 22-JE-003 did intersect the desired stratigraphy with intersections of up to 46.89 metres of gold values.

Key Points: 
  • Current drill holes 22-JE-02 and 22-JE-003 did intersect the desired stratigraphy with intersections of up to 46.89 metres of gold values.
  • Highlights as reported by Orford are the following:
    Confirmation of the location of the Historical South Gold mineralization system on the Joutel Eagle Property (Table 1).
  • Such intervals include 9.35 metres grading 2.20 g/t gold, and 7.13 metres grading 1.70 g/t gold in hole 22-JE-002.
  • The Joutel Eagle Property was optioned from Globex as announced on November 30, 2021.

Progress Reported on Two Globex Assets by Manganese X and Orford Mining

Retrieved on: 
Monday, May 16, 2022

Manganese X Energy Corp. reported results of their Preliminary Economic Assessment (PEA) on the Battery Hill Manganese project near Woodstock, New Brunswick prepared by Wood Canada Ltd. on May 12, 2022 and posted the PEA on Manganese Xs Sedar site.

Key Points: 
  • Manganese X Energy Corp. reported results of their Preliminary Economic Assessment (PEA) on the Battery Hill Manganese project near Woodstock, New Brunswick prepared by Wood Canada Ltd. on May 12, 2022 and posted the PEA on Manganese Xs Sedar site.
  • A base case market price of $2,900/t for battery-grade high-purity manganese sulphate (HPMSM) was used, well below the long-term forecast price of $4,200/t HPSMN estimated by CPM Group.
  • Such intervals include 9.35 metres grading 2.20 g/t, and 7.13 metres grading 1.70 g/t in hole 22-JE-002.
  • This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

Orford Mining Provides Update on Optioned Globex Joutel Property

Retrieved on: 
Wednesday, April 6, 2022

David Christie, President and CEO of Orford, commented, Orford believes its South Gold Zone at Joutel Eagle currently being drilled has great potential.

Key Points: 
  • David Christie, President and CEO of Orford, commented, Orford believes its South Gold Zone at Joutel Eagle currently being drilled has great potential.
  • Orford is currently in the middle of its first drilling program at its Joutel Eagle project in the Joutel district of the Abitibi Province of Quebec.
  • On November 30, 2021 Orford announced that had entered an option to acquire 100% of the 50 square kilometre Joutel Eagle Project from Globex Mining Enterprises Inc. (TSX: GMX) (OTCQX International: GLBXF) (Frankfurt: G1MM).
  • Two holes have been drilled to date, and we are currently drilling the third hole of a 6 -7 hole plan.

Globex Options Large Joutel Land Package

Retrieved on: 
Tuesday, November 30, 2021

Globex will retain a 3.5% Gross Metal Royalty (GMR), 1.5% of which Orford may purchase for a cash payment of $2,000,000.

Key Points: 
  • Globex will retain a 3.5% Gross Metal Royalty (GMR), 1.5% of which Orford may purchase for a cash payment of $2,000,000.
  • Globex is pleased to be optioning this large land package to Orford which has good exploration experience in the area.
  • Apart from the Orford and Maple option deals, Globex retains two sizable claim packages in the Joutel Mining Camp, the former Poirier Mine and Joutel Copper Mine both of which Globex considers to have significant exploration potential in addition to historical resources.
  • November 1,2021, DV 2000-02
    This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

Maple Gold Signs Option Agreement to Acquire the Past-producing Eagle Mine Property at the Joutel Gold Project

Retrieved on: 
Monday, July 19, 2021

The Joutel Gold Project ("Joutel") is held by a 50/50 joint venture ("JV") between the Company and Agnico Eagle Mines Limited ("Agnico").

Key Points: 
  • The Joutel Gold Project ("Joutel") is held by a 50/50 joint venture ("JV") between the Company and Agnico Eagle Mines Limited ("Agnico").
  • "Securing an option to acquire Eagle is highly strategic as we have strong reason to believe that high-grade gold mineralization remains at the entire past-producing Eagle-Telbel mine area," stated Matthew Hornor, President and CEO of Maple Gold.
  • The 77-hectare Eagle Mine Property is located several kilometres west of the former mining town of Joutel.
  • Table 1 below outlines the terms for Maple Gold to exercise the option and earn an undivided 100% interest in Eagle.

Maple Gold Announces Results of Annual General and Special Meeting

Retrieved on: 
Monday, June 28, 2021

Maple Gold Mines Ltd. is a Canadian advanced exploration company in a 50/50 joint venture with Agnico Eagle Mines Limited to jointly advance the district-scale Douay and Joutel gold projects located in Quebec's prolific Abitibi Greenstone Gold Belt.

Key Points: 
  • Maple Gold Mines Ltd. is a Canadian advanced exploration company in a 50/50 joint venture with Agnico Eagle Mines Limited to jointly advance the district-scale Douay and Joutel gold projects located in Quebec's prolific Abitibi Greenstone Gold Belt.
  • The projects benefits from exceptional infrastructure access and boasts ~400 km2 of highly prospective ground including an established gold resource (RPA 2019) that holds significant expansion potential as well as the past-producing Telbel mine.
  • The Company is well capitalized and is currently focused on carrying out exploration and drill programs to grow resources and make new discoveries to establish an exciting new gold district in the heart of the Abitibi.
  • ON BEHALF OF MAPLE GOLD MINES LTD.
    For Further Information Please Contact:

Maple Gold Provides Update on Data Digitization Work at the Joutel Gold Project

Retrieved on: 
Monday, May 10, 2021

b'Vancouver, British Columbia--(Newsfile Corp. - May 10, 2021) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to announce the completion of the first phase of digitization work on approximately 250,000 metres of historical drilling data at the Joutel Gold Project in Quebec, Canada.

Key Points: 
  • b'Vancouver, British Columbia--(Newsfile Corp. - May 10, 2021) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to announce the completion of the first phase of digitization work on approximately 250,000 metres of historical drilling data at the Joutel Gold Project in Quebec, Canada.
  • The Joutel Gold Project ("Joutel") is held by a 50/50 joint venture ("JV") between the Company and Agnico Eagle Mines Limited ("Agnico").
  • The JV is now in the second phase of the digitization process which involves the construction of a 3D model for drill targeting.
  • For more information, please visit www.maplegoldmines.com .\nON BEHALF OF MAPLE GOLD MINES LTD.\nFor Further Information Please Contact:\n'