| Mag Copper and Partners to Go Underground at Globex's Magusi Deposit | |
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ROUYN-NORANDA, QUEBEC--(Marketwired - Apr 2, 2015) - GLOBEX MINING ENTERPRISES INC. (GMX.TO) (FRANKFURT:G1M) (GLBXF) is pleased to inform shareholders that Mag Copper Limited which has an option on Globex's Magusi-Fabie Bay polymetallic massive sulphide property, has announced today a non-binding letter of intent with AR2K Industries Ltd. and J.S Redpath Limited to form a joint venture for the purpose of conducting a bulk sample on the Magusi deposit and depending on the results of the bulk sample, bringing the Magusi deposit into commercial production. Shareholders are referred to today's Mag Copper announcement for details. Mag Copper optioned the Magusi and Fabie Bay property from Globex in April 2011 and the option is ongoing. Globex is pleased that Mag Copper and partners intend to go forward with bulk sampling the Magusi deposit as a first step toward potential commercial production. Under the Globex/Mag Copper option agreement, Globex will receive additional option payments and a 3% Gross Metal Royalty. The agreement and extensions thereto also envision expenditures of at least $10,250,000 on the property during the term of the option of which approximately $8,000,000 remains and the production of a bankable feasibility study deliverable by April 28, 2017. (See Globex Press Releases dated April 6, 2011 and June 28, 2011 and Mag Copper's Press Release dated May 8, 2014 for details) Globex holds 8,639,800 shares of Mag Copper.
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VanEck Vectors Global Alternative Energy ETF
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EN DÉVELOPPEMENT |
CODE : GMX.TO |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Globex Mining est une société d’exploration minière de zinc et de cuivre basée au Canada. Globex Mining détient divers projets d'exploration au Canada. Son principal projet en développement est FABIE BAY au Canada et ses principaux projets en exploration sont BATEMAN BAY, LYNDHURST, POIRIER MINE, RAMP (MAUDE LAKE), MOOSELAND, PACAUD, BEAUCHASTEL-ROUYN, SUFFIELD MINE, VULCAN (GOLD DIKE) - GLOBEX, WEMINDJI, GRAND CALUMET, HUNTERS POINT, GRANDROY, LEIPSIGATE, DELORO, GAYHURST, FISH LAKE, BUCKELL LAKE, MAGNESIUM-TALC, TUT ZONE, FONTANA GOLD PROJECT, EAGLE GOLD PROPERTY, ARNTFIELD, COURVILLE PROJECT, LAKE SIMON, TRANSTERRE, WRIGHTBAR GOLD PROPERTY, TONNANCOUR, LA MOTTE, VICTORIA GOLD PROJECT, SMITH-ZULAPA, HALLIWELL & BM PROPERTIES, LAGUERRE-KNUTSON-RAVEN RIVER, DUPRAT, BLACKCLIFF, DUVAY ZONE, BELL MOUNTAIN, PARBEC, NORDEAU GOLD, RUSSIAN KID (EL COCO), FABIE BAY AND MAGUSI RIVER, GETTY DEPOSIT, WOOD - PANDORA, AUTHIER, CENTRAL CADILLAC, JACOBIE et LAMY MICA au Canada. Globex Mining est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 40,8 millions (30,3 millions US$, 27,1 millions €). La valeur de son action a atteint son plus bas niveau récent le 07 janvier 2000 à 0,09 , et son plus haut niveau récent le 15 décembre 2006 à 7,76 . Globex Mining possède 47 442 200 actions en circulation. |