Globex Mining Enterprises Inc. wishes to inform shareholders that Radisson Mining Resources Inc. has reported additional gold intersections on their O'Brien Gold Project, specifically on the Kewagama Gold Mine portion on which Globex Mining Enterprises Inc. holds a two percent Net Smelter Royalty . Gold intersections include the following were high-grade intersections: Hole OB-23-286: 4.00 m grading 9.70 g/t Au Hole [...]
Globex Mining Enterprises Inc. is pleased to update shareholders regarding drilling by Brunswick Exploration Inc. on Globex's royalty property in the James Bay area of Quebec. Drilling at the Mirage property by Brunswick continues to intersect wide widths of lithium bearing mineralization in their drill campaign focused on the Central Zone within Globex's large royalty claim package: 1.59% Li2O over 58.1 metres in Hole [...]
Globex Mining Enterprises Inc. is pleased to announce that it has entered into an option agreement wherein Victory Battery Metals Corp. may earn 100% interest in four Globex claim groupings in the Sept Iles region of Quebec. The claims cover the Kachiwiss Uranium deposit with a reported historical, non-Ni 43-101, possible resource of 16,598,000 tonnes grading 0.016% U3O8 within a pegmatic dyke oriented NW45o. The zone, as [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that it has acquired and then sold another sodium sulphate Alkali Disposition in Saskatchewan to Edison Lithium Corp. . Globex has received $200,000 in cash, and will receive $50,000 in Edison stock based on the five-day volume weighted average closing price on the TSX Venture Exchange and a 2% Gross Revenue Royalty from commercial production. The Whiteshore [...]
Globex Mining Enterprises Inc. reports that today Emperor Metals Inc. , announced additional assay results and achievements from the 8,579 meter, 2023 drilling campaign at the Duquesne West Gold Project under option from Duparquet Assets Ltd., a 50% owned subsidiary of Globex Mining Enterprises Inc. Emperor has reported the following in today's press release: "Emperor has been targeting a multi-million-ounce resource in a [...]
Globex Mining Enterprises Inc. is pleased to update shareholders as regards revenue from the Fayolle gold/silver deposit currently being mined by IAMGOLD in Clericy township, Quebec. The deposit is being mined by the open pit method with the ore being transported to IAMGold's Westwood mill. Globex has just received the quarterly royalty payment for the October to December 2023 period. An amount of $238,794.89 was directly [...]
Globex Mining Enterprises Inc. is pleased to report to shareholders that it has acquired by staking 24 unpatented lode claims totaling a surface area of 200.67 ha in Mohave County, northwestern Arizona, USA. The property herein called the Salt Spring project was staked to cover a large number of gold-bearing quartz veins, small historic mine workings and prospects. The project area is at the northernmost margin of the [...]
Globex Mining Enterprises Inc. is pleased to report to shareholders that it has acquired by staking 8 unpatented lode claims totaling 66.88 hectares in Clark County, southern Nevada, USA. The property herein called the Red Star Project was staked to cover two epithermal quartz vein systems, the over 2 km long Red Star vein system and the western, 470m long segment, of the Double Standard vein system. The Double Standard [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders of the following news. Cartier Resources Inc. have reported that they have started a 25,000-metre drill program on the Cadillac East portion of their Large Chimo Gold Mine property. Judging from the target positions displayed in their press release dated February 1, 2024, the bulk of the drill holes will be on Globex's 3% Gross Metal Royalty claims. At the [...]
Globex Mining Enterprises Inc. is pleased to provide to its shareholders an update on geology and mineralization of its Virgin Mountain Project. In May and December 2022, the project area had been acquired by staking 23 unpatented lode claims totaling a surface area of 192.28 ha in Mohave County, northwestern Arizona, USA. The Virgin Mountain rare earth & beryllium property is located in the Arizona portion of the Virgin [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Emperor Metals Inc. have paid Duparquet Assets Ltd., a private company owned 50% by Globex, the second year option payment to maintain Emperor's option on the Duquesne West-Ottoman property in Duparquet township, Quebec, NTS-32D06. The option renewal for 2024 consists of a $500,000 cash payment and $300,000 in Emperor shares based upon a 20-day VWAP [...]
Globex Mining Enterprises Inc. is pleased to report in a press release dated January 22, 2024, Radisson Mining Resources Inc. announced that 4,570 metres of assays are pending from 9 completed drill holes on Trends 3 and 4, wholly located on the Kewagama Gold Mine portion of their O'Brien Gold Mine Project . Globex holds a 2% Net Smelter Royalty on the Kewagama Gold Mine property. Longitudinal section looking north [...]