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.

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Globex Mining Enterprises Inc.

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Post by mamothon Aug 25, 2004 4:50pm

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Post# 7850238

Progress

An Azure shareholder recently made a site visit to the mill and reported: "There has been progress.....I gather that the flotation circuit which will bring them to about 95% recovery will be at top performance in 3 weeks +/-....which at about 1500 oz a month at about 60% recovery should put things up to around 2300 oz/month at 90%+ recovery so about 25000-30000 oz a year. Should be some Dufferin drill results out within two weeks....work is done...reports are being written I gather. Mooseland work to follow this fall..... :

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