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
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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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Work has begun on stripping several areas of the property and a drill program has commenced to test the 450 Gold Zone
The 164 square kilometre Bräunsdorf land package has been rudimentarily explored and mined since the 13th century
The drill has now been moved to the Copper Cliff property, said Chibougamau
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
The promising C-3 property is part of Independent Mines' wholly owned Bateman Bay property in Quebec
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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 plans to use the funds to explore its properties in Quebec, Nova Scotia and Ontario
Rouyn-Noranda-based Globex plans to use the proceeds to explore its properties in Quebec, Nova Scotia and Ontario
Chibougamau Independent Mines has received its drill permit for the C-3 copper/gold zone in Quebec
C-3 is part of the Bateman Bay property in Quebec, in which Globex has a royalty
Positive VTEM response from the Lac Kelly and Midrim deposits adds credibility to Chase Mining’s survey results.
The firm drilled eight mainly shallow holes in March this year
Shares of Globex jumped after it released positive drill results from the Bateman Bay property
Globex, an exploration, royalty and property bank, holds a 3% Gross Metal Royalty (GMR) on both properties
The work outlined a series of three parallel northeast-southwest trending, linear magnetic high anomalies
The report covers Globex’s Nordeau West and East gold zones, and Bateman gold area and other claims
Prospect generator and resource property bank Globex says it has agreed with NSGold to reduce its gross metal royalty
Imperial Mining will soon commence drilling at the Crater Lake property just north of Globex's land
In January 2015, Globex optioned the property to Renforth Resources