Globex Mining Enterprises Inc.

Globex Mining Enterprises Inc. is pleased to provide a brief update on the work being undertaken by Globex's option partner Brunswick Exploration Inc. on Globex's Lac Escale lithium property in the James Bay area of Quebec. Brunswick began drilling on September 11, 2023 with a single helicopter supported drill rig. To date, 12 holes have been completed totaling over 1,000 metres. Significant spodumene-bearing pegmatites [...]

Globex Mining Enterprises Inc. is pleased to inform shareholders that Kiboko Gold Inc. have announced "that the resource evaluation from its Phase 1 exploration program for its Harricana Gold Project, located 55 kilometres north of Val-d'Or, Quebec, is near completion" and "is expected to be completed in the first half of October". The evaluation process is based upon a comprehensive dataset totaling more than 85,000 m [...]

Globex Mining Enterprises Inc. is pleased to inform shareholders that TomaGold Corporation has made the first year payment of $15,000 and 625,000 TomaGold shares to Globex for the option of Globex's 5 claim Gwillim property in Barlow township, Quebec. Under the option, TomaGold may earn 100% interest in the property by making $130,000 in cash payments, paying 625,000 TomaGold shares upon signing and an additional $100,000 [...]

Globex Mining Enterprises Inc. is pleased to provide a brief update on work planned by Radisson Mining Resources Inc. on the O'Brien Gold Project located in Cadillac township, Quebec. The property straddles the prolific gold localizing Cadillac Break. Radisson has announced that a 10,000-metre drill program is currently underway which "will focus on expanding the current mineral resource estimate." The Phase 1 drill [...]

Globex Mining Enterprises Inc. is pleased to provide an update on Globex's 100% owned Crater Lake Scandium property located 200km east of Schefferville, Quebec. Globex holds half the circular geological structure that contains the scandium-rare earth deposit held by Imperial Mining . Today, Imperial announced that recent drilling has enabled them to increase their mineral resources estimate by 58% in total scandium [...]

Globex Mining Enterprises Inc. wishes to inform shareholders that Chibougamau Independent Mines Inc. has been notified by Tomagold that regulators have authorized Tomagold Corporation to finalize the option agreement as regards TomaGold's option of the large West Block of properties held by Chibougamau in the Chibougamau Mining Camp. Under the agreement, Globex will retain a 2% Gross Metal Royalty on all the West Block [...]

Globex Mining Enterprises Inc. is pleased to provide an update regarding drilling by Emperor Metals on the Duquesne West Gold property in Duparquet township, Quebec under option from 50% Globex owned Duparquet Assets Ltd. Emperor has completed six drill holes to date totaling 5,500 metres of the planned +8,000 metre program. Partial assay results are available from the first two drill holes and include the following: Hole [...]

Globex Mining Enterprises Inc. is pleased to inform shareholders that Brunswick Exploration Inc. have begun a minimum 5,000 metre drill program on the Lac Escale property under option from Globex. The 26-hole drill program will test continuity and widths of the six widest spodumene bearing pegmatite dykes that have been discovered to date on the property over a cumulative strike length of 2,500 metres. Previously [...]

Globex Mining Enterprises Inc. provides an update from Excellon Resources Inc. that states despite the current difficult markets, "With Silver City, we see optionality in a district-scale exploration growth story, or the ability to capitalize on expected market trends as new Europe-focused exploration opportunities begin to emerge." Excellon holds 4 licenses totaling 340 square kilometres, 164 square kilometers of which [...]

Globex Mining Enterprises Inc. is pleased to inform shareholders that Brunswick Exploration has announced that Brunswick "have decided to pause all activities in Ontario, Manitoba and Saskatchewan in order to redeploy and refocus all efforts toward our James Bay area projects". This is the result in large part due to the discovery of 25 m to 80 m wide outcrops bearing significant spodumene mineralization on Globex's Lac [...]