Globex Mining Enterprises Inc.
Globex is a Canadian exploration company with a diversified North American portfolio of mid-stage exploration, development and royalty properties containing: Precious Metals (gold, silver, platinum, palladium), Base Metals (copper, zinc, lead, nickel), Specialty Metals and Minerals (manganese, titanium oxide,iron, molybdenum, lithium, rare earths) and Industrial Minerals and Compounds (mica, silica, apatite, talc, magnesite).
Globex explores for its own account and options many of its numerous projects to other companies which pay Globex cash, shares and a royalty and undertake extensive exploration in order to earn an interest in Globex's projects.
Globex seeks to create shareholder value by acquiring mineral properties, enhancing them through exploring, optioning or joint venturing them, developing them to production, or in some cases selling projects outright.
Globex presently holds more than 140 land packages and royalties all of which have resources or reserves (both NI 43-101 and historical), mineralized drill intersections, mineral showings, untested geophysical targets or a combination thereof, and are located primarily in the Abitibi Greenstone Belt of Quebec-Ontario, but also in Nova Scotia, New Brunswick, Tennessee, Nevada and Washington.
OVER 140 PROPERTIES (Including Royalty interests)
Focused on North America
Exploration and Development
Medium Term Potential
Directors and Senior Management
Jack Stoch, P.Geo., President, Chief Executive Officer and Director
Mr. Stoch has been the Company’s President, CEO, and Director since 1983, and is a major shareholder of Globex. He is an experienced geologist with an entrepreneurial spirit, devoted to building Globex into a highly successful public mining and exploration company.
Dianne Stoch, Executive Vice-President and Director
Ms. Stoch was formerly Chief Financial Officer and Treasurer of the Company. Prior to joining Globex over 20 years ago, Ms. Stoch was employed by Noranda Inc. for more than 18 years, in a variety of accounting/financial positions.
James (Jim) Wilson, CPA, CMA, Chief Financial Officer, Secretary-Treasurer
Mr. Wilson has held a number of senior finance roles with various organizations in the mining and insurance industries. These organizations have included Falconbridge Ltd., Canadian Life and Health Insurance Compensation Corporation as well as First Metals Inc.
Mr. Atkinson has more than 40 years of experience in the mining industry with extensive background in exploration, project development and mergers and acquisitions.
Mr. Bryan is a retired geologist, previously President of CBIM.
Johannes H. C. van Hoof
Mr. van Hoof is Director, President and CEO of NSX Silver Inc. and Executive Chairman and a director of NS Gold Corporation. His roles during the past 22 years include senior Portfolio Manager, senior Risk Manager, Deputy Head of global equity derivatives and Managing Director.
On October 19, 2017, Globex Mining Enterprises Inc. confirmed receipt of payments. The Company announced that it has received or had confirmation that it will collect the following payments: Donalda property sale, Nordeau East and West, Montalembert high-grade gold project and Mid Tennessee mines.
On October 18, 2017, Globex Mining Enterprises Inc. announced that it has purchased from Monarques Gold Corp. the 1.5% Net Smelter Royalty (NSR) applicable to Globex’s wholly-owned Francoeur/Arntfield gold property for $25K.
On October 16, 2017, Globex Mining Enterprises Inc. has provided information upon a new preliminary economic assessment on Globex Mining Enterprises Inc.'s Bell Mountain royalty property located in Churchill county, Nevada.
On September 27, 2017, Globex Mining Enterprises Inc. announced that Globex has sold the Donalda Gold Mine property to Falco Resources Ltd. (FPC-TSXV). Donalda is located near Falco's 100-per-cent-owned Horne 5 project located in Rouyn-Noranda, Quebec.
On September 25, 2017, Globex Mining Enterprises Inc. announced the first assay results of channel sampling from the most eastern trench excavated on the Francoeur/Arntfield property in Quebec.
The southern portion of the trench returned 9.52 grams per tonne gold over 7.1 metres, including 15.4 grams per tonne gold over 4.1 metres. The southernmost channel sample assayed 15.33 grams per tonne gold over 1.1 metresOn September 12, 2017, Globex Mining Enterprises Inc. announced that it has acquired a 164-square-kilometre (63.3 square miles) land package measuring 36 km long by up to five km wide in the state of Saxony in southeast Germany. The project herein called the Braunsdorf licence includes the western part of the famous Freiberg silver mining district which, over an approximate 850-year history, has produced about 5,700 tonnes of silver as well as zinc and lead.
On August 15, 2017, Globex Mining Enterprises Inc. informed shareholders that Enforcer Gold Corp. has reported visible gold in core (diamond drill hole MDD 17006) and outcrop (see Enforcer press release dated July 26) in current work undertaken on the Montalembert property, under option from Globex. Some 260 rock samples collected from mapping in an area 1.5 kilometres by 1.5 kilometres have been sent for assay, along with 490 metres of channel samples from trench exposures.
On August 14, 2017, Globex Mining Enterprises Inc. announced that it has received the July royalty payment from zinc production at the Mid Tennessee mines from Nyrstar. Globex's share of production is $96,081 (U.S.) ($121,917).
On July 26, 2017, Globex Mining Enterprises Inc. announced assay results from two channel samples at the Montalembert property.
On July 24, 2017, Globex Mining Enterprises Inc. announced that it received first royalty payment from Mid Tennessee royalty. Globex's share of production is $150,272 (U.S.) ($198,808)
On July 19, 2017, Globex Mining Enterprises Inc. announced that it received Francoeur/Arntfield gold property trenching permit.
On July 5, 2017, Globex Mining Enterprises Inc. announced that Enforcer Gold Corp. and Globex Mining Enterprises Inc. have commenced diamond drilling at the Montalembert gold project. Enforcer has contracted Orbit Garant Drilling Inc. and has budgeted for 5,000 to 8,000 metres of drilling in 2017.
On June 22, 2017, Globex Mining Enterprises Inc. announced that it has completed a private placement of 1,119,718 flow-through common shares at a price of 71 cents per share for proceeds to Globex of $795,000.
On June 20, 2017, Globex Mining Enterprises Inc. announced that RJK Exploration Ltd. on June 19, 2017, released additional results from its drilling on Globex Mining Enterprises Inc.'s Maude Lake property. Drill results include 12.6 metres grading 4.50 grams per tonne gold in hole RJK-17-06.
On May 30, 2017, Globex Mining Enterprises Inc. announced grab samples grade up to 13.06 g/t Au at Francoeur/Arntfield gold mine property. All Directors re-appointed and resolutions approved.
On April 12, 2017, Globex Mining Enterprises Inc. announced the acquisition of Kelly Lake project in Quebec. Globex has acquired six cells (350 hectares) located in Blondeau township, Quebec, west of the town of Belleterre. The cells cover the Kelly Lake copper, nickel, platinum, palladium and cobalt zone.
Links to Two Articles on Globex :
On April 5, 2017, Globex Mining Enterprises Inc. announced that it has completed a high-resolution helicopter-borne magnetic survey on its 100-per-cent-owned Ontario Lake property in Cote-de-Beaupre township, Quebec.
The survey by Novatem Airborne Geophysics covered the entire Ontario Lake property, with the objective of locating areas of higher magnetic signatures which may be reflective of the concentration of ilmenite.
On March 31, 2017, Globex Mining Enterprises Inc. announced the results of metallic sieve analysis upon nine samples of gold-bearing material from channel samples on the Montalembert gold project. Metallic sieve analysis returns higher grade, Sample D110069 returned 510.79 g/t Au.
On March 24, 2017, Globex Mining Enterprises Inc. updated shareholders with regard to the 46 claims held by Globex in Tonnancour and Josselin townships south of Lebel-sur-Quevillon.
On March 22, 2017, Globex Mining Enterprises Inc. reported that Brien Lundin, in the March, 2017, edition of the Gold Newsletter, says hold Globex Mining Enterprises Inc.
On March 16, 2017, Globex Mining Enterprises Inc.’s partner Tres-Or Resources Ltd. has initiated its first drill program on its Fontana Gold project.
On March 13, 2017, Globex Mining Enterprises Inc. announced new resource calculation by Chalice Gold Mines Ltd. on Globex’s Nordeau West gold deposit located in Vauquelin township, Quebec.
An article written by Smallcaps Investment Research http://smallcaps.us/globex-mining-stands-to-benefit-from-revival-in-commodities-markets
On February 7, 2017, Globex Mining Enterprises Inc. announced that RJK Explorations Ltd. has received assays for the first phase of four holes (578 metres) of a 5,000-metre drill program at its 100-per-cent-owned Maude Lake gold property, located on the Pipestone fault within the Timmins-Matheson gold corridor. RJK intersects 5.37 g/t gold over 14 metres at Maude Lake gold property.
On January 25, 2017, Globex Mining Enterprises Inc. confirmed wide gold intersection at Francoeur gold mine property located in Quebec. On Jan. 18, 2017, Globex Mining Enterprises Inc. released assay results from drill hole FS-16-35, which was drilled on Globex's 100-per-cent-owned Francoeur and Arntfield gold mine properties west of Rouyn-Noranda, Que. The reported assay result was 4.64 grams per tonne gold over eight metres, including 8.01 grams per tonne gold over four metres at a vertical depth of 90 metres. True width is deemed to be 55 per cent of the intersection width.
In the press release, Globex indicated that there may be a wide, low-grade gold envelope around the higher-grade gold intersection. Assay results have been received from additional sampling which confirm a very wide, low-grade gold intersection as shown in the attached table.
On January 20, 2017, Globex Mining Enterprises Inc. and Natan Resources Ltd. released results of channel sampling undertaken on the Montalembert gold property located in Quebec. Channel samples assay up to 438.23 g/t gold.
On January 18, 2017, Globex Mining Enterprises Inc. released the results of a drill hole on its Francoeur gold mine property located in Quebec. Drill hole FS-16-35 intersected 4.64 grams per tonne gold over eight metres, including 8.01 grams per tonne gold over four metres.
On December 20, 2016, Galway Metals Inc. announced that it has purchased the Lower Tower Hill Gold Property in New Brunswick from Globex Mining Enterprises Inc.
On December 16, 2016, Globex Mining Enterprises Inc. announced that it completed $1.04-million private placement. Globex has completed a previously announced private placement of 2.1 million flow-through common shares at a price of 45 cents per share for proceeds of $945,000, and of 250,000 common shares at a price of 40 cents per share for proceeds of $100,000.
On November 29, 2016, Globex Mining Enterprises Inc. announced that it will effect a private placement for maximum gross proceeds to Globex of $1-million. The private placement will consist of up to two million flow-through common shares at a price of 45 cents per share for maximum proceeds to Globex of $900,000 and up to 250,000 common shares at a price of 40 cents per share for maximum proceeds to Globex of $100,000.
On October 24, 2016, Globex Mining Enterprises Inc. announced that it has started a three-to-four-hole drill program on its 100-per-cent-owned Devil's Pike gold project, located in Springfield, Kings and Queens counties, New Brunswick.
The drill program will test a gold-antimony residual soil anomaly with related induced polarization and VLF-EM anomalies. A previous drill hole (DP-36) by Rockport Mining Corp. in 2008 intersected 0.56 gram per tonne gold over 21.52 metres.
On Globex's 100-per-cent-owned Montalembert gold property in Quebec, a series of about 129 channel samples are currently being cut across the No. 2 vein system, from which the Company previously announced grab sample assays of up to 84 grams per tonne gold (see Globex press release dated Nov. 12, 2015). In addition, 63 channel samples will be cut across the Galena vein. Twenty channel samples are also being cut along two areas stripped between the vein's systems.
On October 11, 2016, Globex Mining Enterprises Inc. announced that it has signed a Binding Option Term Sheet with Chalice Gold Mines (Quebec) Inc., a subsidiary of Chalice Gold Mines Limited, wherein Chalice may earn 100% interest in Globex’s Nordeau East and West Gold Properties located 50 km east-southeast of Val-d’Or, Quebec. Chalice shall grant a 3-per-cent gross metal royalty to Globex upon exercising the option.