Globex Acquires Gold Silver Exploration Target in Nevada, USA - Seite 2

The Red Star vein system trends about 100° and the principal Red Star vein dips in average about 55°N. Vein outcroppings of the Red Star system can be followed over a lateral distance of 2000 m, but it is likely that it continues under post-mineral sedimentary and volcanic rock cover at least until the western limit of the Globex claim block (resulting in about a 2240m strike length). Horizontal vein widths of individual or composite quartz veins (including quartz breccias and stockwork zones with > 30% quartz) vary greatly from less than 1 m to 23 m (4 m to 23 m width in the 220 m long Main-pocket). The average vein width is about 4 m.

The 1300 m long Double Standard vein system strikes in average 105° and dips in average 70° N. The western vein segment (staked by Globex) is traceable over a length of 470 m. There is present a principal vein and several vein splays, however detail geological mapping has not yet been performed. Quartz veins are 0.2 to about 1.5 m thick.

Epithermal mineralization of low- and intermediate sulfidation type (or adularia-sericite type) took place in at least three multi-quartz-generation pulses:

Pulse A1 has been observed only in the Double Standard Vein system and in the Peak vein. Obtained assay results are up to 9.6 g/t Au and up to 70 g/t Ag. Pulse A1 is of the intermediate sulfidation epithermal style.

Pulse A2 is volumetrically the most important within the Red Star vein system, but is present also in the Double Standard veins, the Aurum vein and possibly also in the Peak vein. Pulse A2 is of the low sulfidation epithermal style. Samples with significant elevated gold values collected exclusively from A2 quartz along the Red Star vein are as follows: R-21 over 3 m width with 0.73 ppm Au and 4.1 ppm Ag; R-51 over 4.5 m width with 0.558 ppm Au and 3.8 ppm Ag, R-40 over 1.22 m width with 2.01 ppm Au and 46.2 ppm Ag.

Pulse B represents most likely the latest multi-generation epithermal stage. It is present only in the Red Star vein, especially in its hanging wall portion as massive quartz bands from 1 to about 5 m wide. Chalcedony, crustiform-colloform quartz banding, high-grade grey and black ginguro quartz (these dark grey to black bands are referred to as ginguro layers, which is the Japanese word for black silver) and rarely quartz after platy calcite indicate precipitation from boiling epithermal fluids. Pulse B appears to represent a low sulfidation epithermal type with occasional injections of intermediate sulfidation epithermal fluids (precipitating ginguro quartz). So far only 5 samples have been collected from ginguro-rich quartz vein material yielding gold equivalent values of 5.67 g/t (sample C-3), 20.4 g/t (sample C-6), 4.83 g/t (sample C-9), 20.1 g/t (sample R-9) and 11.42 g/t (sample R-10). Nevertheless, ginguro quartz is present along the entire hanging wall portion of the Main-pocket and in numerous isolated outcrops in the eastern vein segment.