Globex Mining Enterprises Inc. is pleased to update shareholders on work undertaken by Brunswick Exploration Inc. on Globex's Lac Escale Lithium property in the James Bay area of northern Quebec . On August 21, 2023, Brunswick announced the discovery of multiple outcrops containing spodumene . All the newly discovered lithium bearing outcrops occur on Globex claims or within a 1-kilometer Globex royalty perimeter. The [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders of several transactions that have recently been signed or completed by Globex. Globex is pleased to inform shareholders that it has received a cash payment of $2,000,000 from Agnico Eagle as the third payment toward the purchase of the Francoeur/Arntfield property, west of Rouyn-Noranda. Globex is due to receive an additional $6,000,000 over the next 23 [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Cartier Resources Inc. has reported new assays from drilling on their Chimo Gold Mine property located approximately 50 kilometres southeast of Val-d'Or, Quebec in Vauquelin township . Globex retains a 3% Gross Metal Royalty on the Nordeau West claims and a large package of gold bearing claims further to the east. Cartier reported the following: "West [...]
Globex Mining Enterprises Inc. is pleased to announce that the Toronto Stock Exchange has approved the renewal of Globex's normal course issuer bid . Under the renewed NCIB, Globex will be entitled to repurchase for cancellation up to 1,000,000 common shares, representing approximately 1.8% of Globex's issued and outstanding shares as of July 20, 2023, over a twelve-month period starting on August 2, 2023 and ending on [...]
Globex Mining Enterprises Inc. is pleased to announce that Burin Gold has informed Globex that it has received the conditional approval of the TSX Venture Exchange for its agreement with Globex Mining Enterprises Inc. to acquire a 100% interest in the Dalhousie Project , comprised of 31 claims located 53 km to the east of Matagami and 4 km south of Ramsay Bay at Lac au Goéland, Quebec. The Dalhousie Project is an [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Cerrado Gold Inc. has announced acceptance of an Expression of Interest from the UK Export Credit Agency to provide up to four hundred and twenty million dollars of support for the Mont Sorcier Iron Vanadium project located just east of Chibougamau Quebec. Globex holds a 1% Gross Metal Royalty on all iron production from the property and a large share [...]
Orford Mining Corp. is pleased to report that it has received all pending assays from its 2023 drilling program on its Joutel Eagle Property located along the prolific Casa-Berardi Structural Zone in the Abitibi region of Quebec. Results from assays have confirmed, extended, and better defined a series of thick, near-surface mineralized zones within 150 metres of surface including: Gold mineralization intersected in the [...]
Globex Mining Enterprises Inc. is pleased to announce that all five nominees listed in its 2023 management information circular were re-elected as directors at Globex's annual meeting of shareholders held today in Toronto, Ontario. At the meeting, the following individuals were re-elected as directors of Globex on a vote by ballot, with the following results: Nominee Votes For Votes Against Jack Stoch 16,009,295 28,652 [...]
Globex Mining Enterprises Inc. is pleased to announce it signed a letter of intent agreement on June 2, 2023 with Burin Gold Corp. to acquire a 100% interest in the Dalhousie Project , comprised of 31 claims located 53km to the east of Matagami and 4km South of Ramsay Bay at Lac au Goéland, Quebec. The Dalhousie Project is an ortho-magmatic Ni-Cu-Co prospect located within the mafic-ultramafic package of the Bell River [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that IAMGOLD Corporation have started open pit mining and processing gold ore from the Fayolle Property located in Clericy township, Quebec, on which Globex retains a two percent Net Smelter Royalty . Per information contained in the NI 43-101 Technical Report and Mineral Resource Estimate of the Fayolle Gold Project published by Monarch Gold in 2019, the [...]
Globex Mining Enterprises Inc. is pleased to update shareholders on our 100% owned Cameron Lake Gold Property in Desjardins, Franquet & Grevet townships, Quebec located 30 kilometres north of Lebel-sur-Quevillon. The Cameron Lake Gold Property consists of 30 cells totaling 1,280 hectares which straddle 6.5 kilometres of the Cameron Fault corridor, a gold localizing structure that is host to a number of gold deposits [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Orford Mining Corporation has reported multiple gold zones in Hole 23-JE-017 on the Joutel Eagle Property in Northern Quebec. View Orford's press release here. Hole 23-JE-017 intersected multiple thick gold zones such as 1.4 g/t gold over 9.9 metres including 5.0 g/t over 2.3 metres, 1.4 g/t over 17.6 metres including 5.0 g/t over 2.5 metres and 0.80 [...]