Company Snapshot: Globex Mining Enterprises (GMX)

Royalty leverage is frequently overlooked as a strategy to build long term value in the resource sector. Even though a mine prospect may be inactive for many years, outstanding royalties that are issued shall remain in perpetuity. There is no further direct cost on the royalty holder to advance a project or participate in development costs. And if a project […]

Globex Mining Enterprises Inc. (CA: GMX – $0.38 & US: GLBXF – $0.29 & GER: G1MN – €0.25) is proficient to acquire exceptional property holdings. The Company has frequently demonstrated its ability to do so at bargain price levels. Often this involves attractive projects secured cheaply through staking. Thereafter, Globex may arrange deals with other companies at a premium value […]

Globex Mining Enterprises Inc. (CA: GMX – $0.35 & US: GLBXF – $0.26 & GER: G1MN – €0.24) is a North American focused exploration and development project generator. The Company has an exceptionally well-diversified portfolio of assets, with exposure to a wide range of commodities. The value proposition for Globex is enhanced by the strategy to build diversification amongst the […]

Exploration work continues at the Bateman Bay property in Quebec, operated by Chibougamau Independent Mines Inc. [CIM] (CBG-TSXV, CLL1-Frankfurt, CMAUF-OTC). This week CIM reported further assay results from a series of drill holes targeting the C-3 copper/gold zone of the property. A total of 3441 meters of drilling has been completed so far in seven drill holes. The objective during […]

A number of positive factors continue to improve the overall outlook for the Crater Lake SE project held by Globex Mining Enterprises Inc. (CA: GMX – $0.35 & US: GLBXF – $0.27 & GER: G1MN – €0.23). Located in Quebec, the project area is immediately adjacent to the Crater Lake project controlled by Imperial Mining Group Inc (IPG-TSXV). These projects […]

The small cap resource company Imperial Mining Group (IPG-TSXV) reported an intriguing discovery at its Crater Lake Scandium project in northern Quebec. A preliminary exploration program was completed to investigate a large target area of magnetic pyroxenite rock. This target features widespread alteration zones primarily located along the rim of an oval crater which remains following a meteor strike. This […]

Globex Mining Enterprises Inc. (CA: GMX – $0.34 & US: GLBXF – $0.24 & GER: G1MN – €0.24) is a North American focused exploration and development project generator. The Company has an exceptionally well-diversified portfolio of assets, with exposure to a wide range of commodities. The value proposition for Globex is enhanced by the strategy to build diversification amongst the […]

The nature of the relationship with Renforth Resources Inc. has continued to evolve since Globex Mining Enterprises Inc. (CA: GMX – $0.33 & US: GLBXF – $0.24 & GER: G1MN – €0.20) agreed to an option deal for its Parbec Gold Property in February, 2015. Under the original terms of this arrangement, Renforth could earn 100% ownership of the property […]

The ongoing exploration effort at the Francoeur/Arntfield Gold Mines property was aggressively advanced through 2018 as Globex Mining Enterprises Inc. (CA: GMX – $0.33 & US: GLBXF – $0.25 & GER: G1MN – €0.21) continued to encounter high grade gold zones. Drilling programs targeting a structural corridor trending along an east to west axis have consistently intercepted robust gold veins. […]

During an active and successful exploration effort in 2018 with programs underway at many of its projects, Globex Mining Enterprises Inc. (CA: GMX – $0.30 & US: GLBXF – $0.23 & GER: G1MN – €0.19) also continued fieldwork at its Francoeur/Arntfield Mines project in Quebec. As numerous high grade gold intervals had been reported from previous campaigns, the Company shifted […]