Globex Mining
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Globex Mining JV optionees enter second stages
2007-01-11 05:59 ET - News Release
Mr. Jack Stoch reports
GLOBEX MINING ENTERPRISES INC.: URANIUM EXPLORATION AND OPTIONS TO PROCEED
Globex Mining Enterprises Inc. wants inform shareholders that both Noront Resources Ltd. and Hawk Precious Minerals Inc. have respectively completed initial airborne radiometric surveys on Globex's Hunters Point (uranium-gold) and Grand Calumet (uranium-fluorite) projects, and have informed Globex that they will be entering into the second stages of the option agreements. In both cases, airborne anomalies indicative of radioactive material were detected which require further exploration.
Globex has received the cash components per the option agreements, and delivery orders for 250,000 shares of Noront and 250,000 share of Hawk to Globex have been issued.
Globex looks forward to the next stage of exploration on both of these uranium projects.
This news was written by Jack Stoch in his capacity as a qualified person.
2007-01-12 06:17 ET - News Release
Mr. Jack Stoch reports
GLOBEX MINING ENTERPRISES INC.: FABIE BAY COPPER-SILVER ORE TO BE MILLED BY XSTRATA
Globex Mining Enterprises Inc. is informing shareholders that First Metals Inc. has entered into a letter of intent with Xstrata Copper Canada to custom mill and produce a copper concentrate at Xstrata's facilities.
The confirmation of the availability of custom milling is regarded as a pivotal component in the rapid advancement of the Fabie Bay copper-silver deposit to production.
Globex is pleased with the rapid advancement toward production. Globex holds a 2-per-cent net metal royalty and a 10-per-cent net profit royalty on production (after recoup of $10-million of capital costs) from both the Fabie Bay and Magusi River massive sulphide deposits held under option from Globex by First Metals. In addition, Globex will receive 10 per cent of the issued stock of First Metals upon commercial production being achieved from the properties.
We seek Safe Harbor.
Option Extended on Globex's Nordeau Gold Properties
ROUYN-NORANDA, QUEBEC--(Jan. 16, 2007) - GLOBEX MINING ENTERPRISES INC. (TSX:GMX) (FRANKFURT, STUTTGART, BERLIN, MUNICH, XETRA:G1M) (PINK SHEETS:GLBXF) is pleased to inform shareholders that Plato Gold Corp. (TSX VENTURE:PGC) has extended its option of Globex's Nordeau East and West gold properties in Vauquelin township, Quebec. Globex has received an additional $100,000 cash option payment and holds 1 million shares of Plato as well as a 2% Net Metal Royalty and a 10% Net Profit Interest in potential production from the properties.
Initial drilling by Plato has intersected gold values over narrow widths in the first 5 holes of 9 holes drilled on the small Nordeau West claim block. Individual assays up to 7.34 g/t Au over a core length of 1.2 metres were intersected. Assays from the 4 additional holes will be made available when they are received.
The drill has now been moved to the much larger Nordeau East property. Drilling is ongoing. For additional details, please see Plato's press release of yesterday's date.
This press release was written by Jack Stoch in his capacity as a Qualified Person (Q.P.).
Am Wochenende ist zudem eine unter Investoren viel beachtete Rohstoff- und Explorationskonferenz in Vancouver, die dem Markt Aufschwung verleihen könnte.
§11:05:30 T 6.50 +0.02 1,500 15 UBS 2 RBC K
§11:05:30 T 6.49 +0.01 1,000 15 UBS 7 TD Sec K
§10:32:00 T 6.48 - 200 85 Scotia 99 Jitney K
§10:31:58 T 6.48 - 7,700 85 Scotia 99 Jitney K
§10:31:57 T 6.48 - 3,500 85 Scotia 79 CIBC K
§09:40:12 T 6.50 +0.02 1,100 2 RBC 1 Anonymous K
§09:40:05 T 6.50 +0.02 1,200 2 RBC 79 CIBC K
§09:39:36 T 6.50 +0.02 6,000 2 RBC 79 CIBC K
§09:39:27 T 6.50 +0.02 1,200 2 RBC 7 TD Sec K
§09:38:03 T 6.54 +0.06 200 80 National Bank 5 Penson K
Heute Mittag hat RR ein Interview mit Globex-CEO Jack Stoch geführt: dieser jüngste Deal ist noch viel besser, als bisher angenommen haben! Genaue Details gibt es nächsten Mittwoch in der regulären Ausgabe, bis dorthin sollte man sich aber längst eingedeckt haben, denn der Kurs zieht jetzt mit schnellen Schritten davon!
January 18, 2007
GLOBEX - QUEENSTON REPORT
NEW RESULTS FROM WOOD-PANDORA
Rouyn-Noranda, Quebec, Canada. GLOBEX MINING ENTERPRISES INC. (GMX-Toronto, G1MFrankfurt
and GLBXF-U.S. Pink Sheets) and QUEENSTON MINING INC. (QMI-Toronto, Frankfurt,
Stuttgart, Berlin) are pleased to announce drilling results from the Wood-Pandora (50%-50%) joint venture
property, located in Cadillac township, Quebec.
A total of ten holes (1,527 m) targeted the Ironwood Zone, one hole (163.4 m) was completed on the
Amm claim and two holes (440 m) on the Pandora North claims.
Highlights of the drilling program include:
• Hole W06-43 extends Ironwood Zone towards surface intersecting
11.16 g/t Au over 7.95 m
• Hole W06-47 extends Ironwood Zone to east intersecting
13.24 g/t Au over 2.75 m
• Hole W06-37 intersects gold mineralization on the Amm claim assaying 1.11 g/t Au
over 8.00 m and 1.73 g/t over 10.85 m (separate from the Ironwood Zone)
As a result of this phase of drilling, a total of 26 holes have now been completed on the Ironwood Zone in
which 23 have intersected significant gold values. The previous drilling results were announced in joint
news releases dated March 9, June 8, July 19 and August 21, 2006 and are available on the Companies
websites.
Table of Ironwood Zone Assay Results
Hole #
Dip
(º)
Az
(º)
From
(m)
To
(m)
Interval
(m)
Estimated True
Width (m)
Au
(g/t)
W06-38 -45 3°N 12.80 16.05 3.25 2.50 7.92
57.95 58.75 0.80 0.62 9.21
W06-39 -43 183°N 52.80 58.0 5.20 3.52 5.64
W06-40 -43 180°N 16.95 18.95 2.00 1.35 12.36
25.95 26.45 0.50 0.34 24.04
W06-41 -43 2°N 6.68 7.18 0.50 0.40 17.67
W06-42 -44 183°N Outside Mineralized Corridor
W06-43 -43 182°N 70.50 71.50 1.00 0.67 7.30
94.40 95.40 1.00 0.68 15.74
105.35 113.30 7.95 5.35 11.16
including 105.35 105.90 0.55 0.40 20.51
and 107.00 111.65 4.65 3.42 14.75
W06-44 -44 325°N 80.65 81.20 0.55 0.38 7.82
103.20 107.65 4.45 3.07 6.52
118.15 120.80 2.65 1.83 9.37
W06-45 -44 179°N 67.10 68.20 1.10 0.74 26.78
126.95 128.30 1.35 0.92 6.64
W06-46 -45 179°N 49.65 50.40 0.75 0.49 14.68
75.00 78.00 3.00 1.98 4.19
91.25 92.85 1.60 1.07 4.97
W06-47 -61 173°N 119.40 121.05 1.65 0.76 11.25
252.00 254.75 2.75 1.34 13.24
2
Nine of the ten holes (W06-38 to W06-46) completed at Ironwood targeted the up-dip projection of
the mineralization between surface and -75 m. All but one hole, W06-42, was successful in
intersecting significant values in a series of parallel gold zones including 11.16 g/t Au over 7.95 m
in hole W06-43. Hole W06-42 was completed outside the mineralized corridor intersecting no
significant values. Hole W06-47 was a deeper test, at -175 m, and intersected two mineralized
intervals assaying 11.25 g/t Au over 1.65 m and 13.24 g/t Au over 2.75 m and as a result has
extended the Ironwood Zone a further 25 m to the east. Drilling has now intersected the Ironwood
Zone over a lateral distance of 75 m and from surface to a vertical depth of 250 m.
A single diamond drill hole (W06-37) was completed on the Wood-Pandora property approximately
3 km west of the Ironwood Zone targeting a geophysical anomaly on the Amm claim. This hole
intersected two shallow intervals of disseminated sulphide mineralization hosted in sedimentary
rocks south of the Cadillac Break assaying 1.11 g/t Au over 8.00 m and 1.73 g/t Au over 10.85 m.
As part of an agreement to expand the Wood-Pandora joint venture property, Globex completed a
$50,000 exploration program on 9 adjacent mineral claims owned by Queenston. This work
included line cutting, geophysics and completing two diamond drill holes. The drilling tested
geophysical anomalies and intersected no significant mineralization. As a result of this work the
joint venture property has now been extended to 28 claims.
A compilation of previous work is being compiled on the Central-Cadillac claim group in preparation
for the next phase of diamond drilling to begin in February. In addition to testing the Ironwood Zone
at depth the joint venture will also target other iron formations on the Wood and Central-Cadillac
claims.
The Wood-Pandora drilling program was planned supervised by Globex’s Exploration Manager and
qualified person Ray V. Zalnieriunas, P. Geo. employing a QA/QC program consistent with National
Instrument 43-101 and industry best practices. The drill core will be logged and split with half-core
samples analyzed employing the appropriate gold fire assaying techniques by Expert Laboratory
January 19, 2007
GLOBEX RECEIVES FIRST RUSSIAN KID GOLD
Rouyn-Noranda, Quebec, Canada. GLOBEX MINING ENTERPRISES INC. (GMX -
Toronto, G1M - Frankfurt, Stuttgart, Berlin, Munich, Xetra and GLBXF - U.S. Pink
Sheets) is pleased to inform shareholders that it has received an initial royalty payment from
ore processed from the Russian Kid Gold Mine in Dasserat Township, Quebec.
The payment consists of 22.3 ounces of gold and 2.7 ounces of silver which brings the total
received to date to 27.39 oz of gold and 2.72 oz of silver under the current sampling program.
Rocmec has also informed Globex that it has completed drifting on 3 levels in preparation for
thermal fracture mining of material from both the McDowell and Talus gold veins. They intend
to process a further 10,000 tonnes by the end of the second quarter of 2007. An agreement
has been reached with the Xstrata smelter at Rouyn-Noranda to receive 150 tonne batches of
ore on a regular basis.
Globex expects to receive additional royalty payments in gold over the year as work
progresses on the Russian Kid property.
This press release was written by Jack Stoch in his capacity as a Qualified Person (Q.P.).
GLOBEX MINING - WKN 911712 - umgedrehte S-K-S Formation!!
Die Analysten vom tradersreport würden eine erste Kaufposition in den Aktien der GLOBEX MINING (WKN: 911712 / ISIN: CA3799001035) eingehen. Mit dem Überwinden der 4,50 € Marke haben die Aktien eine umgedrehte Schulter-Kopf-Schulter Formation abgeschlossen. Jetzt sind Kurse bis 5,00 € sehr schnell möglich. Sollte die 5,00 € Marke überwunden werden, könnte ein weiterer Anstieg bis 5,30-5,50 € durchaus realistisch sein.
Die Analysten vom tradersreport haben in der Ausgabe vom 05.12.2006 eine Swingtrade-Strategie vorgestellt und sind mit Gewinn aus diesem Trade ausgestoppt worden. Anschließend folgte eine weitere kräftige Aufwärtsbewegung in den Aktien der Gesellschaft, die bis an die 5,00 € Marke heranführte. Diese Kursbewegung wurde korregiert und dadurch haben die Aktien Kraft für eine weitere Kursbewegung Richtung 5,00 €.
Die Analysten vom tradersreport haben ihren Lesern mehrfach wahre Kursraketen vorgestellt, die sich im Kurs teilweise mehr als verdoppelt haben. Wenn auch Sie davon profitieren wollen, melden Sie sich noch heute unter www.tradersreport.de für den tradersreport an.
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