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Globex Mining sells Tarmac Gold asset to Wesdome Gold Mines for cash and royalty

Globex Mining sells Tarmac Gold asset to Wesdome Gold Mines for cash and royalty

Globex Mining (TSE: GMX – OTCQX: BLGXD) CEO Jack Stoch joined Steve Darling from Proactive to share news the company has sold the Tarmac Gold Property which is located in the Dubuisson Township of Quebec to Wesdome Gold Mines.

Stoch telling Proactive, Globex will receive one million dollars and a 1% Gross Metal Royalty. Stoch also saying the property consists of 6 claims covering 94 hectares located entirely within Wesdome’s Kiena Mine Complex and less than 2 kilometres northeast of the Kiena underground mine.

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