ROUYN-NORANDA, Québec, Jan. 10, 2023 -- Globex Mining Enterprises Inc. is pleased to provide shareholders with an update on drilling by Maple Gold Mines Ltd. on the Eagle Mine property under option from Globex . Maple has announced final results "from follow-up holes for which partial results were previously reported targeting northwest extensions [...]
Globex Mining Enterprises Inc. is pleased to provide a short update on drilling by Maple Gold Mines Ltd. on the Eagle Gold Mine property under option from Globex. . On December 7, 2022, Globex issued a press release in which we reported that Maple intersected 11.39 g/t Au over 3 m including 24.4 g/t Au over 1 m in a mineralized horizon parallel to [...]
Globex Mining Enterprises Inc. is pleased to report that Emperor Metals Inc. have closed the first $2,335,817 tranche of its flow through portion of their financing. The funds are to be spent on Globex's 50% owned Duquesne West-Ottoman property in Duparquet, Quebec. The property, which straddles the gold localizing Porcupine Destor Break, includes [...]
Globex Mining Enterprises Inc. is pleased to comment upon the press release yesterday by Azimut Exploration and KGHM International , a large Polish mining concern, regarding the option by KGHM of Azimut's Kukamas gold/copper property in the James Bay area of Quebec. Under the agreement, KGHM can earn up to 70% interest in the property by paying [...]
Globex Mining Enterprises Inc. is pleased to provide shareholders with a brief update regarding the Eagle Gold Mine property optioned by Globex to Maple Gold Mines Ltd. . Update: Maple Gold has completed its second drill program at Eagle. Hole EM-22-009 intersected 11.39 g/t Au over 3 metres including 24.4 g/t Au over 1 metre in a mineralized [...]
Globex Mining Enterprises Inc. is pleased to update shareholders as regards the work undertaken by Kiboko Gold Inc. on the Fontana area of the Harricana Gold Project, in Duverny township, Quebec . Globex retains a 2% Net Smelter Royalty on Harricana Gold Project claims, including the areas currently being drilled at Fontana and most of the other [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that it has received the first-year anniversary option payment from Orford Mining Corp. consisting of $100,000 cash and, upon approval of the TSXV, Orford intends to issue 1,428,571 Orford Mining shares to Globex in regards to Orford's option of Globex's Eagle Northwest, Gagné and [...]
Orford Mining Corp. is pleased to report the completion of a 718 line-kilometre helicopter airborne electromagnetic survey on its Joutel Eagle Gold Property located along the historical Eagle-Telbel Mine Trend in the Abitibi Greenstone belt. Orford is now preparing for a 2,000 metre diamond drilling program on Joutel Eagle, which will focus on the [...]
Globex Mining Enterprises Inc. is pleased to provide with an update on a portion of Globex's Nordeau gold royalty property located approximately 45 km east of Val-d'Or, Quebec, in Vauquelin township . Cartier Resources Inc. on October 13, 2022 published the results of a NI 43-101 Technical Report titled "NI 43-101 Technical Report and Mineral [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that the Duquesne West/Ottoman gold property located in Duparquet Township, Quebec has been, subject to exchange approval, optioned to Emperor Metals Inc. . Terms of the option are the following: Cash Payments totaling ten million dollars payable over a five year period. Share [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Labyrinth Resources have today announced an increase to 500,000 ounces gold as an Inferred Resource at the Labyrinth Gold Project . The project is located in Dasserat Township, Quebec west of Rouyn-Noranda. Globex retains a 5% Gross Metal Royalty on the first 25,000 oz Au [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Kiboko Gold Inc. has commenced drilling with two rigs on the Fontana portion of their Harricana Project located in Duverny township, Quebec . Globex maintains a 2% Net Smelter Royalty on the Fontana area. In Kiboko's press release, they state the following: "The Phase 1 [...]