Uncategorized
Globex Receives Fayolle Quarterly Royalty Payment
GLOBEX MINING ENTERPRISES INC. (TSX:GMX) (FRA:G1MN) (OTCQX:GLBXF) is pleased to update shareholders as regards revenue from the Fayolle gold/silver deposit currently being mined by IAMGOLD in Clericy township, Quebec. The deposit is being mined by the open pit method with the ore being transported to IAMGold’s Westwood mill.
Globex has just received the quarterly royalty payment for the October to December 2023 period. An amount of $238,794.89 was directly deposited into Globex’s bank account. This is the largest payment to date as the mining and processing of Fayolle’s gold/silver ore has ramped up. Globex retains a 2% net smelter royalty on all mineral production from the Fayolle property.
This press release was written by Jack Stoch, Geo., President and CEO of Globex.
Posted March 28, 2024
MORE or "UNCATEGORIZED"
LaFleur Announces Closing of Bought Deal Equity Offerings for Gross Proceeds of C$11 Million
LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) is p... READ MORE
June 9, 2026
GoldHaven Closes Upsized C$5.75 Million LIFE Financing to Advance Magno and Copeçal Projects
GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) is... READ MORE
June 9, 2026
Maple Gold Raises $3,256,096 in Warrant Acceleration Program
Maple Gold Mines Ltd. (TSX-V: MGM) (OTCQX: MGMLF) (FSE: M3G0) ann... READ MORE
June 9, 2026
Eastport Announces Additional Positive Assay Results at the Foley Uranium Discovery
Eastport Critical Metals Corp. (TSX-V: EVI) (OTCQB: EVIIF) is pl... READ MORE
June 9, 2026
Cambria Gold Reports First Results from Premier Underground Infill Drilling: Including 19.82 g/t Au over 5.0 meters and 483.0 g/t Au over 1.0 meters at Prew Zone
Cambria Gold Mines Inc. (TSX-V: CAMB) (OTCQX: CAMVF) is pleased t... READ MORE
June 9, 2026
