Globex Mining Enterprises Inc. is pleased to update shareholders on our 100% owned Cameron Lake Gold Property in Desjardins, Franquet & Grevet townships, Quebec located 30 kilometres north of Lebel-sur-Quevillon. The Cameron Lake Gold Property consists of 30 cells totaling 1,280 hectares which straddle 6.5 kilometres of the Cameron Fault corridor, a gold localizing structure that is host to a number of gold deposits [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Orford Mining Corporation has reported multiple gold zones in Hole 23-JE-017 on the Joutel Eagle Property in Northern Quebec. View Orford's press release here. Hole 23-JE-017 intersected multiple thick gold zones such as 1.4 g/t gold over 9.9 metres including 5.0 g/t over 2.3 metres, 1.4 g/t over 17.6 metres including 5.0 g/t over 2.5 metres and 0.80 [...]
Globex Mining Enterprises Inc. is pleased to report that Emperor Metals Inc. has selected drill targets at, the 50% owned by Globex, Duquesne West Gold Property in Duparquet township, Quebec under option as announced in the Globex press release dated October 12, 2022. According to yesterday's Emperor press release, "In addition to obtaining the previously announced land use permit and securing a reliable drilling [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that it engaged Geotech Ltd. to undertake a 171 kilometre airborne electromagnetic and magnetic survey on our 100% owned Tyrone property locate in the Eeyou Istchee James Bay area of Quebec . The Tyrone property consists of 23 cells totaling 1174 hectares and is strategically located separating two large blocks of cells held by Azimut Exploration Inc. which [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that quarrying has commenced upon Globex's Silidor Gold Mine Property at Rouyn-Noranda, Quebec. In 2022, Globex agreed to a quarrying deal with Rouyn-Noranda based Agrégat RN Inc. which specialize in earth movement, quarrying and open pit mining. Under the deal, Globex allowed Agrégat to apply for a BEX in order to quarry and crush for sale, large sterile [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Orford Mining Corp. has reported additional wide gold intersections on the Joutel Eagle property under option from Globex. Hole 23-JE-008 drilled into the South Gold Zone has intersected "two thick intersections of gold mineralization: 15.7 metres @ 1.7g/t Au and 14.2 metres @ 2.2g/t Au which is approximately 200 metres to the north west of hole [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Emperor Metals Inc. have announced today that they have received the required drill permits and selected a drill contractor to begin their first drill program on Globex's 50% owned Duquesne West Gold property . The Duquesne West Gold property is an advanced gold project with a Historical Inferred Resource of 727,000 oz. Au per a October 20, 2011 [...]
Globex Mining Enterprises Inc. is pleased to provide shareholders with an update of progress by Cartier Resources Inc. on the Nordeau West property on which Globex holds a 3% Gross Metal Royalty . Cartier, on April 13, 2023, issued a press release titled "Cartier Delivers Positive PEA for Chimo Mine Project" which includes the Nordeau West property on which Globex holds its 3% GMR royalty. Click here to view Cartier's [...]
Globex Mining Enterprises Inc. is pleased to report that Maple Gold Mines Ltd. has provided results from the final 20% of assays that were received from the previously completed 14,720 metres of drilling at the Eagle Mine Property under option from Globex Mining Enterprises Inc. . The final batch of assays received from drilling completed at Eagle corresponds to approximately 3,000 m of the 14,720 m drilled to-date. The [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Orford Mining Corporation has reported that it has drilled a possible new gold bearing horizon 150 meters to the north of the South Gold Zone on the Joutel Eagle Property . Hole 23-JE-007 has reported 1.3 g/t Au over 16.1 metres from 201.0 metres including higher grade intervals of up to 4.5g/t Au over 1.1 m, in a previously untested area of the Joutel [...]
Globex Mining Enterprises Inc. is pleased to provide a short update regarding two royalties that Globex has on the Kewagama Gold Mine and New Alger Gold Mine, both assets owned by Radisson Mining Resources . Globex holds a 2% Net Smelter Royalty on the Kewagama Gold Mine and a 1% Net Smelter Royalty on the New Alger Gold Mine. Radisson has published an update dated March 2, 2023 in which they disclosed "Significant [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Electro Metals and Mining , a private Canadian Corporation which optioned the Magusi polymetallic project located 55 km northwest of Rouyn-Noranda, Quebec in 2022 from Globex, has signed a nonbinding Letter of Intent with ''Capital Pool Company'' Shine Box Capital Corp. under which the parties will combine their business operations . The reverse [...]