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Globex Mining Enterprise 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). The Company's 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, and Salt Spring property, among others.


TSX:GMX - Post by User

Globex Mining Enterprise Inc
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Post by Betteryear2on Feb 17, 2022 7:38pm
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Post# 34440208

Update on Globex’s Labyrinth Gold Royalty Project

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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