| Globex: Drill Results Pending on Donalda Gold Mine Property | |
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ROUYN-NORANDA, QUEBEC--(Marketwired - Jan 10, 2018) - GLOBEX MINING ENTERPRISES INC. (GMX.TO)(G1MN.F)(G1MN.SG)(G1MN.BE)(G1MN.MU)(G1MN.F)(GLBXF) is pleased to provide shareholders with an update on exploration by Falco Resources Limited (FPC-TSXV) on Globex's Donalda Royalty Property. Shareholders are reminded that Globex sold the former Donalda Gold Mine property to Falco in September 2017 for $300,000, 350,000 Falco shares, 350,000 five year Falco warrants and a 2.5% Gross Metal Royalty. (See Globex press release dated September 27, 2017 for details). Below please find a verbatim extract from Falco's press release of today's date. Globex is pleased that Falco is undertaking a significant exploration program on the Donalda property. 2018 Donalda Exploration Program On December 21, 2017, the Company closed a $8.5 million private placement financing to fund its 2018 exploration program. The bulk of the placement proceeds will be spent on the Donalda property and surrounding properties located near Horne and Quemont. The Donalda property is located 800 metres east of the Horne 5 deposit. In 2017, about 4,700 metres were drilled on the Donalda property, results are pending. The drilling consisted of testing the extensions of the known mineralization and confirming historical results. Following the reception of results, a preliminary NI 43-101 resources calculation will be initiated. Given its close proximity to the Horne 5 deposit, potential underground mineralization would be accessible from the Horne 5 future underground infrastructure. The Donalda targets consists of a gold quartz vein system, however the volcanogenic massive sulfide potential remains to be tested. This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.) under NI 43-101. We Seek Safe Harbour. | Foreign Private Issuer 12g3 - 2(b) | | CUSIP Number 379900 50 9 LEI 529900XYUKGG3LF9PY95 | 51,053,577 shares issued and outstanding |
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Globex Mining Enterprises Inc.
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EN DÉVELOPPEMENT |
CODE : GMX.TO |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Globex Mining est une société d’exploration minière de zinc et de cuivre basée au Canada. Globex Mining détient divers projets d'exploration au Canada. Son principal projet en développement est FABIE BAY au Canada et ses principaux projets en exploration sont BATEMAN BAY, LYNDHURST, POIRIER MINE, RAMP (MAUDE LAKE), MOOSELAND, PACAUD, BEAUCHASTEL-ROUYN, SUFFIELD MINE, VULCAN (GOLD DIKE) - GLOBEX, WEMINDJI, GRAND CALUMET, HUNTERS POINT, GRANDROY, LEIPSIGATE, DELORO, GAYHURST, FISH LAKE, BUCKELL LAKE, MAGNESIUM-TALC, TUT ZONE, FONTANA GOLD PROJECT, EAGLE GOLD PROPERTY, ARNTFIELD, COURVILLE PROJECT, LAKE SIMON, TRANSTERRE, WRIGHTBAR GOLD PROPERTY, TONNANCOUR, LA MOTTE, VICTORIA GOLD PROJECT, SMITH-ZULAPA, HALLIWELL & BM PROPERTIES, LAGUERRE-KNUTSON-RAVEN RIVER, DUPRAT, BLACKCLIFF, DUVAY ZONE, BELL MOUNTAIN, PARBEC, NORDEAU GOLD, RUSSIAN KID (EL COCO), FABIE BAY AND MAGUSI RIVER, GETTY DEPOSIT, WOOD - PANDORA, AUTHIER, CENTRAL CADILLAC, JACOBIE et LAMY MICA au Canada. Globex Mining est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 42,1 millions CA$ (31,0 millions US$, 27,9 millions €). La valeur de son action a atteint son plus bas niveau récent le 07 janvier 2000 à 0,09 CA$, et son plus haut niveau récent le 15 décembre 2006 à 7,76 CA$. Globex Mining possède 48 900 000 actions en circulation. |