Globex Receives Integra Option Payment
(firmenpresse) - ROUYN-NORANDA, QUEBEC -- (Marketwired) -- 02/10/15 -- Note to editors: A map is included with this press release on Marketwired's website.
GLOBEX MINING ENTERPRISES INC. (TSX: GMX)(FRANKFURT: G1M)(OTCQX: GLBXF) is pleased to inform shareholders that it has received the final $100,000 cash and 100,000 share payments from Integra Gold Corp. in payment for 100% interest in Globex's Farquharson (Donald) Property in Bourlamaque Township, Quebec. Globex retains a 3% Gross Metal Royalty on production from the property.
The property directly adjoins the Triangle and No. 4 Plug Gold zones currently being explored by Integra as part of a 50,000 metre drill program of which one half is planned in the area of the two gold zones, (Triangle 20,000m, No. 4 Plug 4,000m) with among the specific targets, the area east of the Triangle Zone.
The Triangle Gold Zone has a NI 43-101 Indicated Resource of 412,200 tonnes grading 12.6 g/t Au for 167,200 oz Au and an Inferred Resource of 258,000 tonnes grading 15.4 g/t Au for 128,000 oz Au. The No. 4 Plug Zone has a NI 43-101 Indicated Resource of 522,900 tonnes grading 8.3 g/t Au for a total of 140,280 oz Au. (Source: Preliminary Economic Assessment by InnovExplo Inc. as reported in Integra summary press release dated January 13, 2015).
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.
41,243,755 shares issued and outstanding
To view the map associated with this press release, please visit the following link: .
Contacts:
Jack Stoch, P.Geo., Acc.Dir.
President & CEO
Globex Mining Enterprises Inc.
819.797.5242
819.797.1470 (FAX)
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Datum: 10.02.2015 - 15:25 Uhr
Sprache: Deutsch
News-ID 370525
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ROUYN-NORANDA, QUEBEC
Kategorie:
Mining & Metals
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