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.
General 2015-05-10The property includes the past producing Normetal Mine, which operated from 1926-1929, from 1931-1933 and again from 1937-1975. The mine produced over 10.1 million tonnes grading 2.15% Cu, 5.12% Zn, 0.549 g/t Au and 45.25 g/t Ag and was developed to a depth of 2.7 km. In terms of exploration history, the Normetal horizon has been explored and drilled from surface from the 1920's to the present (the last program was completed by Globex in 2007). In 1988, Lauri Boivin estimated that "about 42 known surface drill holes (not including the original NML discovery holes) have been implanted in the past to explore the environs of the Normetal orebody (approximately 24,000-30,000 feet of drilling)" (Boivin, 1988). The bulk of the exploration work was carried out underground in the mine and included over 1.5 miles of exploration drifts on levels 2,900 and 4,165 (Boivin, 1988).
Nearby Location News
2016 Winter Drilling Results at Amex's Perron Property 2016-06-29
MONTREAL, CANADA--(Marketwired - June 29, 2016) - Amex Exploration Inc. (TSX VENTURE:AMX) ("Amex") is pleased to announce that Agnico Eagle Mines Limited (TSX:AEM)(NYSE:AEM) ("Agnico Eagle") has recently informed Amex of the 2016 winter drilling results at Amex's Perron property as scheduled (see PR-2016-05-16). This winter work program consisted of nine drill holes (with two others holes, ie # 163-16-025 and -032, that were abandoned due to poor ground condition) totalling 4,646 metres followed by eight downhole PULSE-EM (in holes # 163-16-024, -026, -028 to -031 and -033 to -034; results and interpretation still pending). A total of 1,368 samples were taken and analysed for their metal content (Au, Ag, Cu, Zn) and 141 others were analysed for lithogeochemistry. This latest phase of drilling program was to test the Normetal Mine Horizon over a strike length of approximately 3.5 km and also the target area located approximately 700 metres to the south inside the Beaupré Bloc. Table 1 reports the best drill holes intersects.
2016 Winter Drilling Program Completed at Amex's Perron Property 2016-05-16
MONTREAL, CANADA--(Marketwired - May 16, 2016) - Amex Exploration Inc. (TSX VENTURE:AMX) has been informed by Agnico Eagle Mines Ltd (TSX AEM)( NYSE:AEM) "Agnico Eagle" that it has completed its winter exploration program on Amex 100% owned Perron Property as planned and announced in January 2016 (see PR2016-01-25). The Perron project is located approximately 8 km northwest of the village of Normetal, and approximately 110 kilometers North of the town of Rouyn-Noranda in the Abitibi region of Quebec.
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.
Agnico Eagle to Begin Winter Drilling at Amex's Perron Property 2016-01-26
MONTREAL, CANADA--(Marketwired - Jan. 26, 2016) - Amex Exploration Inc. (TSX VENTURE:AMX) is pleased to announce that Agnico Eagle Mines Ltd (NYSE:AEM)(TSX:AEM) "Agnico Eagle" has initiated a new phase of exploration works on Amex 100% owned Perron Property following the recently announced amended option agreement (see PR2015-12-22). This phase of work consists of 9 proposed drill holes totalling about 4700 meters of drilling with combined down hole pulseEM geophysical surveys on two defined target areas.
Agnico Eagle and Amex Exploration Admending the Perron Option Agreement Dated June 2013 2015-12-22
MONTREAL, QUEBEC--(Marketwired - Dec. 22, 2015) - Amex Exploration Inc. (TSX VENTURE:AMX) ("Amex" or the "Corporation") is reporting that it has signed with Agnico Eagle Mines Limited (NYSE:AEM)(TSX:AEM), ("Agnico") a third amendment to the option agreement dated June 21, 2013 (as amended, the "Option Agreement") which provides for Agnico to earn a 51% interest in the Perron property (see PR2013-06-21).