We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Globex Mining Enterprises Inc (QX) | USOTC:GLBXF | OTCMarkets | 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% | 0.703 | 0.69 | 0.72 | 0.00 | 21:00:10 |
Selwyn, in a press release dated March 30, 2011, announced a NI 43-101 compliant resource estimate using a variety of zinc equivalent cut-off grades. Tonnages and grades varied from 5,720,000 tonnes grading 1.68% Zn and 1.23% Pb in the Measured and Indicated categories and 1,350,000 tonnes grading 1.52% Zn and 1.31% Pb in the Inferred category, both at a cut-off of 1.50% zinc equivalent, to 2,160,000 tonnes grading 2.35% Zn and 2.00% Pb in the Measured and Indicated categories and 460,000 tonnes grading 2.21% Zn and 2.23% Pb in the Inferred category, both at a cut-off of 3.00% Zn equivalent.
The resource calculation has an effective date of March 28, 2011 and was done by Michael Cullen and Chrystal Kennedy both P.Geos employed by Mercator Geological Services of Dartmouth, Nova Scotia. In a subsequent Selwyn press release dated April 6, 2011, Selwyn stated: "The recently completed Getty deposit mineral inventory also indicates the potential for open pit mining in that area, so with additional drilling and engineering studies, the mineral resources may have the potential to expand the longevity of the Scotia Mine".
This press release was written by Jack Stoch, P. 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 10 3
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
22,027,675 shares issued and outstanding
Contacts: Globex Mining Enterprises Inc. Jack Stoch, P.Geo., Acc.Dir. President & CEO 819-797-5242 819-797-1470 (FAX) info@globexmining.com www.globexmining.com
1 Year Globex Mining Enterprises (QX) Chart |
1 Month Globex Mining Enterprises (QX) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions