Globex Mining Enterprises Inc. is pleased to report that Brunswick Exploration Inc. have started "A Phase II drilling campaign at the Mirage project, located in the Eeyou-Istchee James Bay region of Quebec. The winter drill program is targeting extensions of known pegmatite dykes and new prospective outcrops that have yet to be drill-tested." "The planned drill holes are distributed over the 2.8 kilometer known strike [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Brunswick Exploration Inc. reports additional wide and multiple Li2O intersections on the Globex Lac Escale royalty property in the James Bay area of Quebec. On January 24, 2023, Globex announced the sale of the property to Brunswick while maintaining a 3% Gross Metal Royalty, 1% of which may be purchased for an additional $1,000,000. In addition, upon [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Emperor Metals Inc. have reported additional drill results from their 14 hole drill program on Globex' 50% owned Duquesne West gold property on the Porcupine-Destor gold localizing break, north of Rouyn-Noranda, Quebec in Duparquet township . Emperor optioned the property as announced by Globex on October 12, 2022 . Emperor is testing their "open pit [...]
Globex Mining Enterprises Inc. wishes to inform shareholders that Labyrinth Resources Ltd. have entered into a Project Acquisition Agreement with private company Gold Projects WA Pty Ltd. wherein Labyrinth is selling the Labyrinth gold deposit to GPWA. Click here to view Labyrinth press release dated January 8, 2024 for more information. GPWA is a special purpose vehicle set up to facilitate the transaction. The [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Infini Resources Limited , an Australian public company, has now met all the terms of the agreement signed on January 27, 2022 regarding their acquisition of Globex's Des Herbiers uranium project, located northeast of the town of Johan Beetz , Quebec. Globex previously received C$100,000 related to signing of the contract with the condition of an [...]
Globex Mining Enterprises Inc. is pleased to announce that it has sold a 100% interest in eight groupings of advanced gold exploration claims to O3 Mining Inc. . The claims are located northwest of Lebel-Sur-Quevillon, Québec in NTS 32F06 and 32F07 and comprise a total of 156 claims, being Globex's Ludger/Noyelles, Riviere Baptiste, Discovery North, Discoflo, Desjardins South, Cameron, G claims and Manon properties. All [...]
Globex Mining Enterprises Inc. is pleased to report that Infinico Metals Corp" , formerly called Burin Gold Corp., has made a discovery of significant lithium mineralization on the Dalhousie property located 180 km northeast of Val-d'Or, Quebec currently under option from Globex. The Dalhousie property is an advanced nickel, copper, cobalt exploration property with mineralization on surface and in drill holes over an [...]
Globex Mining Enterprises Inc. is pleased to update shareholders on new assay results reported by Brunswick Exploration Inc. on Globex's Lac Escale lithium royalty property in the James Bay region of Quebec. As referenced in Globex's November 28, 2023 press release, Brunswick exercised the 5-year Lac Escale property option 11 months after entering into the agreement. Brunswick has reported an additional 9 drill holes [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Orford Mining Corp. has renewed the option of Globex's Joutel Eagle Property in Joutel township, Quebec. Under terms of the agreement, Orford has paid Globex $125,000 and issued 2,500,000 Orford shares to Globex. The 50 square kilometre property includes 11 kilometres of the horizon in which the adjoining Eagle and Telbel Gold Mines occur. The Eagle [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Brunswick Exploration Inc. has exercised the entire Lac Escale Lithium property option which Globex and Brunswick jointly announced on January 24, 2023 . The option covers 96 cells and a one-kilometer area of influence extending from the current 96 cell boundaries. Under the option agreement, Brunswick was required to make payments totaling $500,000 [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders of progress reported by Cerrado Gold Inc. on Globex's Mont Sorcier iron royalty property located just east of Chibougamau, Quebec. Cerrado have reported that "further to the October 18, 2023 announcement in relation to potential Export Credit Agency Support Program Financing of up to $598 million, the Company has appointed the Toronto Dominion Bank as the [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Cerrado Gold Inc. has announced that it has "completed the tender process for its Export Credit Agency Supported Non-Recourse Project Financing, and expects to complete the on-boarding and appointment process within the next few weeks." Cerrado has chosen an international bank to act as Mandated Lead Arranger for the Mont Sorcier Iron-Vanadium project [...]
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