Globex Mining Enterprises Inc. is pleased to inform shareholders that Globex has received the third of four payments, a cash payment of three million dollars from Agnico Eagle Mines Limited for the purchase of Globex's Francoeur/Arntfield/Lac Fortune Gold Mines property located in Dasserat and Beauchastel townships, Quebec. The sale was originally announced in a press release dated June 22, 2021. Globex retains a 2% Gross [...]
Globex Mining Enterprises Inc. is pleased to provide an additional update as regards drilling by Brunswick Exploration Inc. on Globex's Lac Escale Lithium royalty property in the James Bay area of Quebec. The drilling focused on the Central Zone has continued to intersect wide and well mineralized intervals. Highlights include 1.64% Li2O over 69.3 m in drill hole MR-24-61 and 1.17% Li2O over 28.3 m in hole MR-24-50, both [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Consolidated Lithium Metals Inc. , formerly Jourdan Resources Inc., have announced the start of a drill program on their East Vallée Lithium Project located approximately 30 km northwest of Val-d'Or, Quebec. The East Vallée Lithium Project is located immediately east and on strike of Sayona's North American Lithium Mine. Consolidated Lithium's press [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Emperor Metals Inc. has mobilized a drill rig to commence its 2024 exploration program on the Duquesne West Gold Property under option from Globex. The drill program will total 8,000 metres. The Duquesne West Gold property straddles the gold localizing Porcupine-Destor Break in Duparquet Township, Quebec and is located approximately 10 km east of the [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Cartier Resources Inc. has provided an update on the progress of it's 2024 drill program on it's Chimo Mine Project, part of which was drilled on Globex's Nordeau West and Nordeau East royalty claims in Vauquelin Township, Quebec, east of the town of Louvicourt. A total of 48 holes totalling 9,347 m have been completed with 2,307 samples taken for assay [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Brunswick Exploration Inc. has reported additional significant Li2O intersections on Globex's Lac Escale royalty claims in the Eeyou Istchee - James Bay Region of Quebec. Intersections of up to 1.55% Li2O over 93.45 m and 1.05% Li2O over 34.05 m were encountered. Central Zone of the Lac Escale Royalty Claims. Table 1: Highlights from 2024 Winter [...]
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 [...]
