Globex Mining
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Dann ist es durchaus möglich, dass es noch weiter nach unten geht.
von 4,14 im Hoch gerutscht..bei den Super Vorgaben...Dow & Nasdaq
eilen von Hoch zu Hoch..sollte es hier weiter gehen...
2007-04-04 01:53 ET - News Release
Mr. Jack Stoch reports
GLOBEX VENDS NICKEL AND COPPER-ZINC PROPERTIES
Globex Mining Enterprises Inc. has sold two properties to a private company called Exploration Bull's Eye.
One property is the historic Bilson-Cubric nickel, platinum, palladium property located on three claims in La Motte township, Quebec. Previous stripping and surface sampling by Globex returned up to 5.24 per cent nickel and 1.47 per cent copper with anomalous platinum, palladium and cobalt.
Historic diamond drilling outlined mineralization over a strike length of 250 metres and to a depth of 100 metres. The zone is open to depth.
The second property consists of seven recently designated (title pending) claims called the Duvan copper mine, located in Desmeloize township, Quebec. The property includes the old Duvan shaft (300 metres deep with eight levels) and a historic mineral resource over narrow widths.
Under the terms of the agreement, Bull's Eye will immediately issue to Globex two million common shares of the company. Globex maintains a 4-per-cent gross metal royalty on all mineral production, which also applies to any mineral production by Bull's Eye within one kilometre of the outside boundary of the vended claims. Bull's Eye has agreed that the company will list on a recognized Canadian stock exchange within nine months or the agreement will be null and void. Bull's Eye intends to commence exploration on both properties over the summer.
This press release was written by Jack Stoch in his capacity as a qualified person (QP).
2007-04-05 01:12 ET - News Release
Mr. Jack Stoch reports
GLOBEX MINING ENTERPRISES INC.: FABIE BAY COPPER MINE UPDATE
Globex Mining Enterprises Inc. is providing shareholders with a summary update regarding Globex's Fabie Bay and Magusi River massive sulphide (copper, zinc, gold, silver) deposits under option to First Metals.
In news in Stockwatch dated April 4, 2007, First Metals provided the following update, which is summarized below.
Fabie Bay deposit:
* A total of 350 vertical, 10-metre-deep, drill holes have been completed on a three-metre-by-three-metre pattern and are ready to load and blast.
* Assay results from the first 144 holes averaged 2.85 per cent copper at a 1.5-per-cent-copper cut-off grade, slightly better than the 2.77-per-cent-copper grade reported in the April, 2006, Micon National Instrument 43-101 report.
* Mining equipment is on site, including a jaw crusher and a six-cubic-metre loader.
* Dewatering of the ramp and underground workings has reached the 90-metre level and the underground workings are in good condition. Dewatering is expected to be completed by April.
* The hydroelectric line should be completed by the end of April and the 5,000-kilovolt-ampere transformer and switch gear are on site.
Magusi River deposit:
* A 20,000-metre diamond drill contract has been let to drill the Magusi deposit for exploration purposes and in order to acquire a certificate of approval to remove a 50,000-tonne bulk sample for metallurgical testwork and mine planning.
* A road has been completed joining the Fabie Bay mine site to the Magusi deposit area.
General:
* Induced polarization anomalies located south of both the Fabie Bay and Magusi River deposits as well as on the Duprat township claim block will be drilled.
Globex maintains a 2-per-cent gross metal royalty on all production from the properties, as well as a 10-per-cent net profit interest after recoup of $10-million in capital costs. In addition, at commercial production, Globex will receive cash payment of $250,000 and common shares of First Metals equal to 10 per cent of the issued capital of the company.
For greater detail as to progress on these properties, please refer to the First Metals news in Stockwatch dated April 4, 2007.
This press release was written by Jack Stoch in his capacity as a qualified person.
We seek Safe Harbor.
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Den gleichen Chart sehen wir auch mitte November!
Der Abwärtstrend könnte gebrochen sein!
Greetz ZaraP
2007-05-07 03:21 ET - News Release
Also News Release (C-FMA) First Metals Inc
Mr. Jack Stoch reports
GLOBEX'S FABIE BAY ROYALTY IN SIGHT
Globex Mining Enterprises Inc. has been informed by First Metals Inc. that it has closed a $20-million financing dedicated to completing underground development at Globex's Fabie Bay copper mine and upgrading the Horne mill in order to treat Fabie Bay ore.
Shareholders will recall that Globex vended the Fabie Bay and Magusi River copper, zinc, gold, silver deposits to First Metals while retaining a 10-per-cent net profit interest and 2-per-cent net metal royalty. Once First Metals reaches commercial production which should occur in a relatively short period of time, Globex will also receive shares equal to 10 per cent of the total issued capital of First Metals, which as of today's date equals about 3.1 million shares at $1.19 per share, a price which appears to be strengthening as the production date approaches.
Das kann dauern ... muss aber nicht