Bullboard - Stock Discussion Forum Globex Mining Enterprises Inc. GLBXF

Primary Symbol: T.GMX

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... see more

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Globex Mining Enterprises Inc. > Update on Globex’s Labyrinth Gold Royalty Project

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Post by Betteryear2 on Feb 17, 2022 7:38pm

Update on Globex’s Labyrinth Gold Royalty Project

ROUYN-NORANDA, Quebec, Feb. 17, 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 update shareholders as regards work being undertaken by Labyrinth Resources (LRL-ASX) on Globex’s Labyrinth Gold Royalty Project (formerly called Russian Kid or Rocmec1). Globex holds a 5% Gross Metal Royalty on the first 25,000 oz of precious metals produced and 3% Gross Metal Royalty on all subsequent production.

Update on Globex’s Labyrinth Gold Royalty Project (Formerly called Russian Kid or Rocmec1)

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