Company Snapshot: Globex Mining Enterprises (GMX)

Globex Mining (TSX: GMX – $0.51 & OTCQX: GLBXF – $0.40 & Fra: G1MN – €0.34), received an impressive royalty payment of CDN$121,917 (US$96,081) from zinc production at the Mid Tennessee Mines during the month of July. The Mid Tennessee Mines, owned and operated by Nyrstar NV (OTC – NYRSY), were shut down in 2015 due to low zinc prices. […]

Globex Mining Enterprises (TSX: GMX – $0.53 & OTCQX: GLBXF – $0.43 & Fra: G1MN – €0.34), a project generator (Property Bank) that owns a well-diversified portfolio of North American mid-stage exploration, development and royalty properties, has commenced excavating of three 100 metre long trenches at its Francoeur/Arntfield gold property in Quebec, Canada. An area of 100 m by 70 […]

Being a Globex Mining (TSX: GMX – $0.45 & OTCQX: GLBXF – $0.37 & Fra: G1MN – €0.30) shareholder is a lot of fun. There is never a dull moment, as either the Company itself is advancing one of its properties, or an option partner is. A couple of days ago, for example, Renforth Resources (CSE – RFR) discovered new […]

Chalice Gold Mines (TSX-V: CXN) will soon commence a AUD$5 (CAD$4.92) million exploration program to rapidly advance the East Cadillac and Kinebik gold projects, hosted in the prolific Abitibi Greenstone Belt, in Quebec, Canada. Chalice currently options the East Cadillac property from Globex Mining Enterprises (TSX: GMX – $0.50 & OTCQX: GLBXF – $0.36 & Fra: G1MN – €0.32). The […]

Globex Mining Enterprises (TSX: GMX – $0.48 & OTCQX: GLBXF – $0.39 & Fra: G1MN – €0.34), a well-known project generator that owns a well-diversified portfolio of North American mid-stage exploration, development and royalty properties, has completed a private placement of 1,119,718 shares at a price of $0.71 per share for total proceeds of $795,000. The transaction price represents an […]

Globex Mining Enterprises Inc. (TSX:GMX – $0.52 & OTCQX:GLBXF – $0.40 & Fra:G1MN – €0.34) 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. In the first quarter, ended March 31, 2017, revenue totaled $480,394 which was $425,394 higher than the $55,000 […]

Surprising grab sample assays from Globex’ (TSX:GMX – $0.60 & Fra:G1MN – €0.39 & OTCQX:GLBXF – $0.44) adjacent Francoeur and Arntfield gold properties demonstrate the potential for a large tonnage low grade near surface gold deposit. Shortly after Globex acquired the properties in 2016, it began reviewing the large geological data bank to identify priority target areas for exploration. A […]

Enforcer Gold and Manganese X will shortly initiate a drill program on their respective Montalembert and Woodstock projects. Both companies optioned their properties from Globex Mining Enterprises (TSX: GMX – $0.51 & OTCQX: GLBXF – $0.37 & Fra: G1MN – €0.34), a well-known project generator that owns a diversified portfolio of North American mid-stage exploration, development and royalty properties. Enforcer […]

Globex Mining Enterprises (TSX: GMX – $0.56 & OTCQX: GLBXF – $0.41 & Fra: G1MN – €0.34), a project generator that owns a well-diversified portfolio of North American mid-stage exploration, development and royalty properties, has acquired the Normetmar zinc deposit in Quebec, Canada. The property is located only one kilometer west of the former Normetal Mine, which was one of […]

Enforcer Gold Corp (TSX-V: VEIN), which is advancing Globex’ (TSX: GMX – $0.54 & OTCQX: GLBXF – $0.39 & Fra: G1MN – €0.35) Montalembert high-grade gold property, raised close to $5 million in a non-brokered private placement. The additional cash injection makes Enforcer a very well-financed company, knowing that it already had more than $3.6 million in the bank late […]