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"
Antimony Resources Corp. (ATMY) (K8J0) Reports Massive Antimony Bearing Stibnite - Drills 4.17% Sb over 7.40 meters Including Three Zones of Massive Antimony Bearing Stibnite which returned 28.8% Sb, 21.9% Sb, and 17.9% Sb Respectively
Highlights Assays received High-grade assays returned for Drill H... READ MORE
July 2, 2025
Kenorland Minerals and Auranova Resources Report Drill Results at the South Uchi Project, Ontario; Auranova Completes Initial Earn-in
Kenorland Minerals Ltd. (TSX-V: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) a... READ MORE
July 2, 2025
Wallbridge Exploration Drilling Continues to Intercept High-Grade Gold Mineralization at Martiniere
Wallbridge Mining Company Limited (TSX: WM) (OTCQB:WLBMF) announc... READ MORE
July 2, 2025
ValOre Reports Results from Successful 87 Hole Trado® Auger Drilling Campaign at Pedra Branca, Including 10.0 m at 12.95 g/t 2PGE+Au from Surface
Provides Update on Pedra Branca PGE Project and Strategic Growth ... READ MORE
July 2, 2025
Pasinex Announces 2024 Annual and 2025, Q1 Financial Results
Pasinex Resources Limited (CSE: PSE) (FSE: PNX) announced financi... READ MORE
July 2, 2025
