Renforth Advancing Globex’s Parbec Gold Royalty Property
December 02 2024 - 9:22AM
GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock
Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich,
Tradegate, Lang & Schwarz, LS Exchange, TTMzero,
Düsseldorf and Quotrix Düsseldorf Stock
Exchanges and GLBXF – OTCQX
International in the US) is pleased to inform shareholders
that
Renforth Resources Inc. (RFR-CSE,
RFHRF-OTCQB, 9RR-FSE) has announced new initiatives at the
Parbec Gold Deposit in Malartic township Quebec,
along strike to the northwest of the large, open pit, Canadian
Malartic Gold Mine and directly adjoining the west boundary of East
Amphi Gold Mine.
Work to be undertaken includes a gold
resource update, permitting to dewater the current ramp and TOMRA
(sorting specialists) testing of mineralized and non-mineralized
rock from the Parbec property.
Renforth has engaged SGS Canada, as author of
the new Mineral Resource Estimate (MRE) and NI 43-101 Report. The
new report will include 15,000 metres of drilling by Renforth since
2019, historical drilling previously excluded from the December
2019 MRE and incorporation of the current geological model. The
previous MRE was calculated using a US $1,450 per ounce gold price
versus the current +US $2,600 per ounce gold price.
For a more detailed update please refer to
Renforth’s Press Release dated November 29, 2024.
Globex retains a 3% Gross Metal Royalty
on the Parbec property.
Parbec geological map
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.
We Seek Safe Harbour. |
Foreign Private Issuer 12g3 – 2(b) |
|
CUSIP Number 379900 50 9LEI 529900XYUKGG3LF9PY95 |
For further information, contact: |
Jack Stoch, P.Geo., Acc.Dir.President & CEOGlobex Mining
Enterprises Inc.86, 14th StreetRouyn-Noranda, Quebec Canada J9X
2J1 |
Tel.: 819.797.5242Fax: 819.797.1470 info@globexmining.com
www.globexmining.com |
Forward Looking Statements:
Except for historical information, this news release may contain
certain “forward looking statements”. These statements may
involve a number of known and unknown risks and uncertainties and
other factors that may cause the actual results, level of activity
and performance to be materially different from the expectations
and projections of Globex Mining Enterprises Inc. (“Globex”).
No assurance can be given that any events anticipated by the
forward-looking information will transpire or occur, or if any of
them do so, what benefits Globex will derive therefrom. A
more detailed discussion of the risks is available in the “Annual
Information Form” filed by Globex on SEDARplus.ca.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/5fd7ecbb-426b-4e50-8618-57badcd6fbcf
Renforth Resources (TG:9RR)
Historical Stock Chart
From Nov 2024 to Dec 2024
Renforth Resources (TG:9RR)
Historical Stock Chart
From Dec 2023 to Dec 2024