Company
Globex Mining Enterprises Inc
TSE:GMX
Globex Mining Enterprises Inc's North American portfolio includes mid-stage exploration, development, and royalty properties with precious metals, base metals, specialty metals and minerals, and industrial minerals and compounds.
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Globex Mining Enterprises' Nordeau gold royalty could be worth C$20M according to new NI 43-101 technical report
The report, which was published by Cartier Resources Inc on October 13, included an estimate of 311,000 troy ounces of gold, more than doubling the previous NI 43-101 resource calculation in 2009
Globex Mining Enterprises options Duquesne West/Ottoman gold project in Quebec to Emperor Metals
“Globex looks forward to the efforts of Emperor to advance this property toward potential economic viability,” the company stated
Globex Mining Enterprises welcomes new high grade gold intersections at Kewagama Gold Mine property
Globex told shareholders that the results not only indicate significant gold intersections, but also that the number 3 and 4 Trends plunge to depth on its royalty claims and as well are open along strike
Globex Mining Enterprises adds Pointe-Aux-Morts dolomite deposit to its project portfolio
Work in the early 1980s outlined a historical resource of around 23.4 million tonnes at a grade of 20.5% magnesium oxide, 30.5% calcium oxide and 0.92% silicone dioxide at the Quebec property
Globex Mining Enterprises says optionee Excellon Resources has filed an updated technical report for the Silver City project in Germany
“Globex is pleased with the outlined extensive program as proposed by Excellon,” the company said
Globex Mining Enterprises receives cash payments of over $3M related to the sale of its properties and royalty interests
Most notably, the firm received a $3 million cash payment from Yamana Gold Inc as part of its $15 million sale of the Francoeur/Arntfield/Lac Fortune gold properties
Globex Mining Enterprises says optionee Maple Gold Mines has identified four new styles of gold mineralization at its Eagle property in Quebec
Highlights from the drill results, as reported by Maple Gold Mines, are an intercept of 4 g/t gold over 7.5 m, including 6.4 g/t over 3 m
Globex Mining Enterprises says optionee Excellon Resources extends Bräunsdorf exploration license in Germany
“Our drilling programs on the license have delineated a high-grade epithermal silver system over tens of kilometres, that remains open with multiple targets yet to be followed up on and the new licenses we acquired last year yet to be explo
Globex Mining Enterprises says drilling at its Joutel Eagle property in Quebec has confirmed the location of a historical gold mineralization system
Two drill holes were completed across the northwest-trending South Gold mineralized system in an area of historical drilling where historical drill logs were stripped of assays
Globex Mining Enterprises says underground exploration at its Labyrinth gold project supports the resource potential
The company said more than 4,390 m of diamond drilling has been completed, assays were pending for eight holes with six expected to be received in the next two weeks, and the final hole in the initial program was underway
Globex Mining Enterprises says deep drilling by its partner Starr Peak Mining at its NewMétal property returned economic intervals of copper and zinc
Highlights from the drill results include an intercept of 15% of the copper mineral chalcopyrite over 3.7m and 5.03% zinc equivalent over 12.5m, which includes 1.01% copper
Globex Mining Enterprises reports encouraging updates from two royalty assets in eastern Canada
A recent preliminary economic assessment at the Battery Hill manganese asset in New Brunswick outlined strong economics, including a 25% internal rate of return and after-tax net present value of $486 million at a 10% discount rate
Globex Mining Enterprises partner Maple Gold says Phase 1 drilling is complete at the Eagle gold project in Quebec
Maple said in a release that it has completed 3D modelling, targeting and permitting and subsequently commenced a 4,200 metre Phase I drill campaign
Globex Mining Enterprises says Labyrinth Resources is seeing positive results from initial drilling at the Labyrinth project in Quebec
The company said that the initial holes have all intercepted the targeted Boucher lode at planned depth, with core visually displaying a well-developed quartz vein hosting pyrite and chalcopyrite
Globex Mining Enterprises notes positive findings in first drilling by Orford Mining Corp at optioned Joutel Eagle gold project, Quebec
As reported then, Globex optioned its Eagle Northwest, Gagné and Valrennes claims, spanning around 50 square kilometres, in the Joutel camp to Orford Mining Corp, saying Orford had 'good exploration experience' in the area
Globex Mining says Troilus announces new gold discovery on its Testard royalty property
The new gold discovery is located on a group of five royalty property cells acquired from Globex as part of a larger 91-cell acquisition deal announced in July 2020
Globex Mining beefs up its royalty interests in Quebec
The company has announced a deal on several prospective claims packages in the Canadian province
Globex Mining notes Cartier Resources has acquired its royalty properties from O3 Mining
The company said it is “pleased” with Cartier’s move to “consolidate the gold potential of the area,” and looks forward to Cartier advancing exploration on Globex's gold royalty asset
Globex Mining Enterprises reports completion of infill drilling on iron vanadium royalty property in Quebec
The goal of the 2021 drill program is to upgrade a sufficient portion of the current North Zone inferred mineral resources to the measured and indicated categories to support a minimum 20-year mine life as part of the feasibility study that
Globex Mining says Excellon reports intersections of silver, lead, and zinc at Silver City project in Germany
Excellon, which options the property from Globex, said the results from its 2021 drill program confirmed the continuity of the structures intersected in the initial drilling
Globex Mining Enterprises options Magusi Mine project in Quebec to Electro Metals and Mining
Over 48 months, Globex will receive $6.40 million in cash of which $1 million is payable in the first 12 months, and some 9 million shares as well as the indicated minimum project expenditure in exchange for 100% interest in the Magusi prop
Globex Mining Enterprises options land package in the Joutel camp in Quebec to Orford Mining Corp
The land package spans around 50 square kilometres and houses 191 claims and Globex said it was pleased to be optioning it to Orford, which has 'good exploration experience' in the area
Globex Mining Enterprises seeks growth with its diversified, low-risk model
The exploration, royalty, and property bank company has a diversified portfolio of mid-stage exploration, development, and royalty properties in Canada, Germany, and the US
Globex Mining acquires large uranium land package in Quebec
Globex has a diversified North American portfolio of mid-stage exploration, development and royalty properties containing precious and base metals
Globex Mining acquires 2% royalty on gold and base metals bearing land package in Quebec
The royalty covers a gold property owned by Hecla Mining and a large block of claims held by Falco Resources
Globex Mining closes sale of its Mid-Tennessee Zinc Mine royalty for cash and Electric Royalties stock
Globex received nearly $13.8 million in cash and has become the largest shareholder of Electric Royalties
Globex Mining Enterprises buys promising Rouyn Merger gold property in Quebec
The Rouyn Merger property consists of 49 claims totaling 1,509.4 hectares covering around 6.5km of the prolific, gold localizing Cadillac Break
Globex Mining options former Eagle gold mine in Quebec to Maple Gold Mines
Maple Gold Mines has the option to pay C$1.2 million over a five-year period to Globex and undertake C$1.2 million in exploration over four years in order to earn a 100% interest in the Eagle property
Globex Mining Enterprises says Toronto Stock Exchange approved its normal course issuer bid
Under the NCIB, the company will be entitled to repurchase for cancellation up to 1 million common shares, representing about 1.82% of its issued and outstanding shares as of June 30
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Globex Mining Enterprises to sell Québec project to major Yamana Gold in deal worth over C$15M
Globex has struck a definitive purchase agreement on the asset, which lies in the prolific Abitibi region, and adjoins Yamana’s Wasamac gold mine project
Globex Mining receives cash payments as part of its recent resource royalty transactions
Globex received an initial $250,000 cash payment from Electric Royalties as well as a $50,000 option payment from Starr Peak Mining
Globex Mining spotlights new silver, gold, lead zinc discovery on the Silver City project optioned from it by Excellon Resources
The group said that of particular note is the following comment: "This high-grade silver discovery at Grauer Wolf adds a fourth priority area for follow-up in our 2021 drilling program at Silver City"
Globex Mining acquires 100% interest in Bald Hill antimony property in New Brunswick
The interest consists of 26 claims covering the Bald Hill antimony deposit and the surrounding area, while an additional eight claims adjoining Globex’s Devils Pike gold deposit property were also acquired
Globex Mining hires Novatem for survey of its large Opinaca River gold property in Canada
In other quick updates, Globex told shareholders it has acquired a permitted Silica Quarry in Wyse township, Ontario near the Quebec border
Globex Mining says more work warranted at Laguerre-Knutson-Raven River gold project in Ontaro following drill results
The three holes totaling 759 metres each hit three zones of geology, which corresponded to the downward projection of the mineralized zones
Globex Mining receives second year option payment from Excellon for Bräunsdorf silver project
Globex said it was now looking forward to the first series of Excellon's drill results from the Saxony project
Globex Mining Enterprises says it stands to benefit from potential sale of investee company NSGold
NSGold's Mooseland property, optioned from Globex, posted a new mineral resource containing 523,000 ounces of gold grading 4.7 grams per ton
GlobeX Mining starts five-hole drill program on its Laguerre-Knutson-Raven River gold property in Ontario
The drill program will consist of three holes to test beneath the previously trenched Knutson gold zone and two additional holes at the north end of the Laguerre zone
Globex Mining Enterprises acquires 15 claims in New Brunswick covering the Grassville South manganese zone
In 1954, the company noted that Stratmat mapped the area and undertook a gravity survey followed by seven drill holes totaling 590 metres on the resulting gravity anomaly
Globex Mining closes two additional property deals to raise $1.7M in cash
After selling the properties, debt-free Globex is now sitting on a treasury of about $10 million
Globex Mining welcomes Radisson Mining's acquisition of a 100% interest in Renforth Resources’ New Alger Gold Mine in Quebec
The company said it is pleased with the transaction and pointed out to its shareholders that it currently owns 9,550,000 shares of Renforth
Globex Mining Enterprises sells three northern Quebec properties to Starr Peak Exploration Ltd
The company sold its interest in the Normetal copper, zinc and silver property, the Rousseau gold project and the Turgeon Lake gold property
Globex Mining Enterprises sells claims to Troilus Gold Corp and bolsters royalty portfolio as it updates on activity
The firm has sold 91 claims totaling 4,960 hectares around 80 kilometres north of Chibougamau to Troilus
Globex Mining sells a number of non-core specialty mineral royalties to new energy centric royalty company, Electric Royalties
In exchange for the royalties or portions of royalties, the group will receive $500,000 and 3,000,000 Electric Royalties shares, representing 6.93% of its issued capital
Globex Mining Enterprises completes acquisition of Silidor and New Marlon gold mine package in Quebec
The group has now acquired the final claim covering the southern half of the New Marlon property
Globex Mining Enterprises completes aeromag survey at Francoeur, Arntfield, Lac Fortune Gold Mines in Quebec
Globex said that it had decided to carry out airborne surveys of a "significant number of other Globex properties" over the next several months
Globex Mining Enterprises says drilling set to begin at Silver City project after Excellon Resources receives drill permit
Excellon is planning a 15-hole drill program totaling 2,500 metres, with an additional 12 holes permitted for immediate follow up
Globex Mining Enterprises to start airborne survey at Francoeur/Arntfield/Lac Fortune gold mines property in Quebec
Francoeur/Arntfield/Lac Fortune consists of 135 claims, five mining leases and three mining concessions, all adding up to 4,155 hectares
Globex Mining has ample funding, new projects even as coronavirus shuts down its operations
The company is working remotely on designing 3D models of its orebodies, drawing maps, updating its website and planning future fieldwork
Globex Mining purchases 100% interest in Lac Fortune Gold Mine property in Quebec
The purchase price consists of 250,000 Globex shares and a 2% net smelter royalty, of which 1% can be purchased at any time for $200,000
Globex Mining Enterprises' partner Chibougamau hits highest grade gold to date in C-3 Zone
Globex, an exploration, royalty and property bank, holds a 3% gross metal royalty on the Bateman Bay and Grandroy mine properties
Globex Mining Enterprises' partner Chibougamau extends depth of C-3 copper-gold discovery with latest drilling
Globex, an exploration, royalty and property bank, holds a 3% gross metal royalty on the Bateman Bay and Grandroy mine properties
Globex Mining Enterprises sees positive results from exploration program at Francoeur/Arntfield Gold Mines property in Quebec
Highlights from the channel sampling program at the 450 Zone of the property returned results such as 5.6 grams per ton gold over 1 metre
Globex Mining hails news of re-development on its Rocmec 1 (Russian Kid) gold royalty property
The project lies in the Dasserat township around 35km west of Rouyn-Noranda on the shores of the Labyrinthe Lake in Quebec
Globex Mining Enterprises starts new exploration program at Francoeur/Arntfield gold property in Quebec
Work has begun on stripping several areas of the property and a drill program has commenced to test the 450 Gold Zone
Globex Mining Enterprises options historic silver project to miner Excellon Resources
The 164 square kilometre Bräunsdorf land package has been rudimentarily explored and mined since the 13th century
Globex Mining Enterprises' partner Chibougamau ends current drill program at Bateman Bay
The drill has now been moved to the Copper Cliff property, said Chibougamau
Globex Mining partner Chibougamau reports two additional sets of assays from drill hole BJ-19-22 at Bateman Bay
Chibougamau said an additional copper/gold zone, 11.6 m below Wednesday’s reported intersection, returned 1.66% copper, 2.01 g/t silver, 5.7 g/t gold and 0.02% cobalt over 11 m for a true width of 3.70 m
Globex Mining Enterprises reports more copper, gold grades from Quebec property
The promising C-3 property is part of Independent Mines' wholly owned Bateman Bay property in Quebec
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Globex Mining adds highly prospective gold property in Quebec to its portfolio
Standard Gold is a highly prospective gold property located in Duvernay Township, Quebec where historical exploration revealed intersections including 22.3 grams per ton of gold
Globex Mining raises C$1.2 million in private placement
Globex plans to use the funds to explore its properties in Quebec, Nova Scotia and Ontario
Globex Mining closes C$900K private placement to fund exploration in eastern Canada
Rouyn-Noranda-based Globex plans to use the proceeds to explore its properties in Quebec, Nova Scotia and Ontario
Globex Mining says drilling kicks off at Bateman Bay property in Quebec
Chibougamau Independent Mines has received its drill permit for the C-3 copper/gold zone in Quebec
Globex Mining Enterprises shares nudge up as more drilling is expected at Quebec property
C-3 is part of the Bateman Bay property in Quebec, in which Globex has a royalty
Chase Mining confirms positive electromagnetic response at third-party areas near its projects
Positive VTEM response from the Lac Kelly and Midrim deposits adds credibility to Chase Mining’s survey results.
Globex Mining reports drill results from Francoeur/Arntfield property
The firm drilled eight mainly shallow holes in March this year
Globex Mining shares rise on new drill results from Quebec property
Shares of Globex jumped after it released positive drill results from the Bateman Bay property
Globex Mining shares nudge higher as it updates on exploration with Chibougamau Independent Mines
Globex, an exploration, royalty and property bank, holds a 3% Gross Metal Royalty (GMR) on both properties
Globex Mining updates on German silver property, where it has received initial survey results
The work outlined a series of three parallel northeast-southwest trending, linear magnetic high anomalies
Globex Mining Enterprises updates on resource filing for East Cadillac gold property, Canada
The report covers Globex’s Nordeau West and East gold zones, and Bateman gold area and other claims
Globex acquires stake in NSGold, owner of Mooseland gold mine in Nova Scotia
Prospect generator and resource property bank Globex says it has agreed with NSGold to reduce its gross metal royalty
Globex Mining anticipates next steps as neighbor to northwest begins drilling at Crater Lake
Imperial Mining will soon commence drilling at the Crater Lake property just north of Globex's land
Globex Mining Enterprises says Renforth will gain 100% of Parbec gold project in Quebec
In January 2015, Globex optioned the property to Renforth Resources