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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Globex Mining Enterprises Inc New | TSX:GMX | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.95 | 0.94 | 0.97 | 0.97 | 0.95 | 0.97 | 18,500 | 21:11:01 |
Assay results from surface grab sampling program, per Infinico
Sample ID | Sample Type | Rock Type | Li2O*(%) | Cs(ppm) | Ta2O5**(ppm) |
K28401 | Rock Chip | Pegmatite | 0.92 | 41.10 | 21.2 |
K28402 | Rock Chip | Pegmatite | 1.59 | 33.30 | 44.8 |
K28403 | Rock Chip | Pegmatite | 4.39 | 59.40 | 107.6 |
K28404 | Rock Chip | Pegmatite | 4.45 | 32.90 | 57.5 |
K28405 | Rock Chip | Pegmatite | 1.37 | 91.90 | 68.5 |
K28406 | Rock Chip | Pegmatite | 3.91 | 75.40 | 57.0 |
Photograph of the lithium bearing pegmatite sampled during the field work as per Infinico.
Grab samples are selective by nature and are unlikely to be representative of average grades.
(Click here to access today’s Infinico press release)
Globex announced to optioning the Dalhousie NI-Cu-Co property to Infinico (formerly called Burin Gold Corp.) on June 5, 2023. Over a 4-year period, the option agreement requires $500,000 in cash payments ($100,00 received), four million shares (one million received) and $5,000,000 of exploration expenditures. Globex will retain a 3% Gross Metal Royalty (GMR), 1% of which may be purchased by Infinico at any time. (Click here to access the June 5, 2023, press release).
Globex recently staked 49 claims adjoining the discovery property to the north which will be available for option.
This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.) under NI 43-101.
We Seek Safe Harbour. | Foreign Private Issuer 12g3 – 2(b) |
CUSIP Number 379900 50 9LEI 529900XYUKGG3LF9PY95 | |
For further information, contact: | |
Jack Stoch, P.Geo., Acc.Dir.President & CEOGlobex Mining Enterprises Inc.86, 14th StreetRouyn-Noranda, Quebec Canada J9X 2J1 | Tel.: 819.797.5242Fax: 819.797.1470 info@globexmining.com www.globexmining.com |
Forward Looking Statements: Except for historical information, this news release may contain certain “forward looking statements”. These statements may involve a number of known and unknown risks and uncertainties and other factors that may cause the actual results, level of activity and performance to be materially different from the expectations and projections of Globex Mining Enterprises Inc. (“Globex”). No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Globex will derive therefrom. A more detailed discussion of the risks is available in the “Annual Information Form” filed by Globex on SEDAR at www.sedar.com.
55,302,836 shares issued and outstanding
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cdd74b02-c68f-41f4-9951-90732e67cadd
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