Globex Mining Enterprises Inc. is pleased to report that Emperor Metals Inc. "reports positive metallurgical results from initial testing on the Duquesne West gold deposit" under option from Globex. Testing, which was undertaken in 2024, focused on replacement style mineralization and low-grade bulk tonnage style mineralization within the quartz-feldspar-porphyry. Eighty-seven drill core composites through key mineralized [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that we have initiated our planned 17-hole, infill drill program on our 100% owned Ironwood Gold Deposit located in Cadillac Township, Quebec. The Ironwood deposit is located in close proximity of the gold localizing Cadillac Break and Globex's historical Wood and Central Cadillac gold mines both of which have excellent exploration drill potential. The [...]
Chibougamau Independent Mines Inc. and Globex Mining Enterprises Inc. are pleased to update shareholders of the following: Cerrado Gold Inc. reported today that funds received from the sale of their Monte Do Carmo project in Brazil will be used in part to "complete a feasibility study of our very robust Mont Sorcier Iron Ore Project" on which both Chibougamau Independent Mines and Globex Mining Enterprises Inc. hold Gross [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Emperor Metals Inc. has announced the assay results from the first three drill holes of their 19 hole drill program at the Duquesne West property located in Duparquet Township, Quebec, under option from Globex . The Duquesne West Property has a historical mineral resource estimated at 727,000 oz. Au at a grade of 5.42 g/t Au , . The current drill [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Cartier Resources has released additional drill results from drilling collared near the north boundary of several Globex 3% Gross Metal Royalty claims. The drill holes are collared on Globex royalty claims and pass out of the royalty claims at a vertical depth of approximately 200 metres. The current results include 14.7 g/t Au over 4.3 m within 5.2 g/t [...]
Globex Mining Enterprises Inc. is pleased to report that Brunswick Exploration Inc. has disseminated a press release regarding the first set of 2024 drill results on Globex's Lac Escale property including within the Globex one kilometer external boundary area of influence, in the James Bay area of Quebec. Globex retains a 3% Gross Metal Royalty on the Lac Escale claims and $ 100,000 per year advance royalty payments [...]
Globex Mining Enterprises Inc. is pleased to report drill results announced by Consolidated Lithium Metals Inc. on Globex's Fiedmont royalty claims located along strike to the southeast of Sayona's North American Lithium Mine near Barraute, Quebec. Globex retains a 2% NSR on the claims. The drill program consisted of 12 holes testing the southeast extension of the Core Pegmatite, which has previously been defined over a [...]
Globex Mining Enterprises Inc. is pleased to share an unexpected and promising development regarding our Guigues Silica property, located near St-Bruno-de-Guigues, Quebec. Originally acquired for its potential silica production capabilities, the Guigues property was intended to support our diverse portfolio of advanced silica projects. However, recent hydrogen exploration activities by Quebec Innovative Materials Corp [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that it has optioned its Bald Hill antimony property located in Queens County, New Brunswick, to Superior Mining International Corp. . Under terms of the option agreement, Globex shall receive $680,000 in cash, and 2,000,000 shares over a four-year period and a minimum aggregate of $4,600,000 will be spent on the property. Globex will retain a 3.5% Gross [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders as regards work undertaken by Scandium Canada Ltd. on their adjoining property to Globex's Crater Lake area property. Scandium Canada reported that they have completed two separate types of drill programs at their Crater Lake Scandium Project located 200 km ENE of Schefferville, Quebec . The drilling campaign had two objectives. The first objective, the [...]
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 1.78% of Globex's issued and outstanding shares as of July 19, 2024, over a twelve-month period starting on August 2, 2024 and ending on [...]
Globex Mining Enterprises Inc. is pleased to provide an update on work by Brunswick Exploration Inc. on Globex's Lac Escale lithium royalty property. Today, Brunswick reported that they have completed their 2024 prospecting program and have started a 5,000 metre summer drill program. To date, Brunswick have completed 71 drill holes totalling more than 12,000 metres, delineating 9 new-surface spodumene-bearing dykes with [...]