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Globex Mining Enterprises Inc. T.GMX

Alternate Symbol(s):  GLBXF

Metals & Mining Industrial Metals & Minerals
Globex Mining Enterprises Inc. is a Canada-based company, which is focused exploration and development property bank which operates under the project generator business model. The Company's mineral portfolio consists of exploration, development and royalty properties which contain base metals (copper, nickel, zinc, lead), precious metals (gold, silver, platinum, palladium), specialty metals and minerals (manganese, vanadium, titanium dioxide, iron, molybdenum, lithium, cobalt, scandium, antimony, rare earths and associated elements) and Industrial Minerals (mica, silica, potassic feldspar, pyrophyllite, kaolin, dolomite as well as talc and magnesite). Its properties consist of Timmins Talc-Magnesite, Laguerre-Knutson, Courville, Beauchastel - Rouyn, Cavalier, Great Plains (Clermont), Joutel, Red Star Project, Rouyn-Merger, Ruisseau Marriott, Sheen Lake Property, Shortt Lake Mine, Smith-Zulapa-Vianor, Salt Spring property, Eldrich Gold Mine, Porcupine West Property, and others.


TSX:GMX - Post by User

Globex Mining Enterprises Inc.
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Post by Betteryear2on Apr 13, 2022 6:43pm
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Post# 34602137

Globex: Update on Labyrinth Gold Project

Globex: Update on Labyrinth Gold ProjectROUYN-NORANDA, Quebec, April 13, 2022 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Dsseldorf and Quotrix Dsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to provide an update as reported by Labyrinth Resources (LRL-ASX) on Globex’s Labyrinth royalty property in Dasserat township, Quebec (formerly named Russian Kid or Rocmec 1 Gold Mine). Globex retains a 5% Gross Metal Royalty on the first 25,000 oz of gold production from the property and a 3% Gross Metal Royalty on all production thereafter.

Globex: Update on Labyrinth Gold Project
 
 
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