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 [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Radisson Mining Resources has announced numerous high grade gold intersections on Trends 3 and 4 which are located on their Kewagama Gold Mine property on which Globex Mining Enterprises Inc. holds a 2% Net Smelter Royalty. Below we are presenting the Radisson press release in [...]
Globex Mining Enterprises Inc. is pleased to update shareholders on plans by Excellon Resources Inc. regarding the Silver City Property in Saxony Germany, much of which is under option from Globex. As announced yesterday by Excellon: "Excellon is considering the structure and timing of a spin-out of its Silver City Project in Saxony, Germany as a [...]
Globex Mining Enterprises is pleased to inform shareholders that it has acquired 100% interest in the Pointe-Aux-Morts dolomite deposit located approximately 5 km west of Havre St-Pierrer. Previous work by QIT Iron and Titanium in 1980-1981 consisted of 56 drill holes which outlined a historical non-NI 43-101 compliant resource of +23,405,000 [...]
Globex Mining Enterprises is pleased to announce that the TSX has approved Globex’s normal course issuer bid. Under the 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 21, 2022, over a twelve-month period starting on [...]
Globex Mining Enterprises is pleased to inform shareholders that Excellon Resources has filed an updated independent technical report for the 164 square kilometres Silver City Project in Saxony Germany, under option from Globex, which was prepared in accordance with National Instrument 43-101. A copy of the Technical Report is available on [...]
Globex Mining Enterprises is pleased to inform shareholders that it has received a three-million-dollar cash payment from Yamana Gold. The payment is the second in a series of five payments payable to Globex over a 5-year period from the sale of the Francoeur/Arntfield/Lac Fortune gold properties to Yamana, for a total of $15,000,000 plus a two [...]
