Nearby Location News
Mag Copper Announces Termination of Option Agreement 2016-02-18
TORONTO, ONTARIO--(Marketwired - Feb. 18, 2016) - Mag Copper Limited ("Mag Copper" or the "Company") (CSE:QUE) announces that it has received notice of termination of the option agreement between Globex Mining Enterprises Inc. and Mag Copper with respect to the Magusi and Fabie Bay properties located near Rouyn-Noranda, Quebec.
Mag Copper and Partners to Go Underground at Globex's Magusi Deposit 2015-04-02
ROUYN-NORANDA, QUEBEC--(Marketwired - April 2, 2015) - GLOBEX MINING ENTERPRISES INC. (TSX:GMX) (FRANKFURT:G1M) (OTCQX: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 Signs Loi With AR2K and Redpath to Form A Joint Venture on the Magusi Copper/Zinc Property 2015-04-02
TORONTO, ONTARIO--(Marketwired - April 2, 2015) - Mag Copper Limited ("Mag" or the "Company") (CSE:QUE) announced today that it has entered into a non-binding letter of intent (the "LOI") with AR2K Industries Ltd. ("AR2K") and J.S. Redpath Ltd. ("Redpath") to form a joint venture (the "JV") for the purpose of conducting a bulk sample on the Magusi Property (the "Property") and, depending on the results of the bulk sample, bringing the Property into commercial production.
General 2015-05-10The Lyndhurst property has been explored intermittently by various exploration companies since the late 1920's. In 1955, Lyndhurst Mining Co. Ltd. sank a 215 metre shaft, carried out some development on five levels and proceeded with limited mineral production after completing an underground exploration diamond drill program which indicated a non NI 43-101 compliant historic resource of 347,000 t grading 1.95% Cu from two sulphide lenses. It is reported that 148,000 t of material grading 1.93% Cu was extracted between 1956 and 1957. These historical resource and production figures should not be relied upon as they do not confirm to current NI 43-101 criteria or to CIM Standards and Definitions. Following this limited mining activity, surface exploration including trenching and mostly shallow drilling, was carried out by various companies until 1988. Minnova Inc. in 1988 completed an airborne EM (INPUT) survey and follow up with DEEP-EM ground electromagnetic surveys, geological and lithogeochemical sampling, stripping and some diamond drilling. From 1991 to 1993, Noranda Exploration carried out geological mapping, outcrop stripping, induced polarization and horizontal-loop electromagnetic surveys, and diamond drilling without encountering any significant new VMS mineralization. The property remained dormant until 1997.
Chalice increases Canadian foothold 2016-10-12ASX- and TSX-listed Chalice Gold has signed a binding option and farm-in agreement with Canada’s Globex Mining Enterprises to acquire an interest in the Nordeau gold project, in Quebec. Under the terms of the agreement, Chalice will acquire Globex’s share in the project by making annual option payments totaling C$590 000 over four-years and undertaking exploration expenditure of C$2.5-million also over a four-year period.
Globex Options Feldspar Property 2016-08-22
ROUYN-NORANDA, QUEBEC--(Marketwired - Aug. 22, 2016) - GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1M)(STUTTGART:G1M)(BERLIN:G1M)(MUNICH:G1M)(XETRA:G1M)(OTCQX:GLBXF) is pleased to inform shareholders that Globex has optioned our Johan Beetz Feldspar Property located in Johan Beetz and Iles de Mingan 03 Townships, Quebec directly east of the town of Johan Beetz and between Havre St-Pierre, 60 km to the west and the Innu Community of Natashquan, 80 km to the east.
Globex Options Beauchastel Township, Cadillac Break Claims 2016-08-02
ROUYN-NORANDA, QUÉBEC--(Marketwired - Aug. 2, 2016) - GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1M)(STUTTGART:G1M)(BERLIN:G1M)(MUNICH:G1M)(XETRA:G1M)(OTCQX:GLBXF) is pleased to inform shareholders that it has optioned 100% interest in 24 claims Globex owns on the Cadillac Break in Beauchastel Township, Quebec southwest of Rouyn-Noranda to Opawica Explorations Inc. (TSX VENTURE:OPW) owner of the adjoining Bazooka Gold Property.
Sunset Cove Mining Announces Increase in Share Offering and Option of Manganese Property 2016-06-28
MONTREAL, QUEBEC--(Marketwired - June 28, 2016) - Sunset Cove Mining (TSX VENTURE:SSM) ("Sunset Cove" or the "Company") announces an increase in its private placement and a property acquisition.
Globex Acquires Significant Portion of Gold Localizing Cameron Shear 2016-04-06
ROUYN-NORANDA, QUEBEC--(Marketwired - April 6, 2016) - GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1M)(STUTTGART:G1M)(BERLIN:G1M)(MUNICH:G1M)(XETRA:G1M)(OTCQX:GLBXF) is pleased to inform shareholders that it has acquired 100% interest in the Cameron Gold Property located in Desjardins, Franquet and Grevet Townships, Quebec (32F/07) approximately 27 km north-northeast of the town of Lebel-sur-Quevillon.