Brunswick Begins New Drilling on Globex’s Lac Escale (Mirage) Lithium Royalty Property
January 27 2025 - 8:00AM
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 Brunswick Exploration Inc. (BRW-TSXV, BRWXF-OTCQB, 1XQ-FRA)
has started a 5,000-metre drill program on Globex’s Lac Escale
(Mirage) royalty property in the Eeyou-Istchee-James Bay region of
Quebec.
Globex retains a 3% Gross Metal Royalty on the Lac
Escale claims and within a 1-kilometer area of influence around the
claim’s external boundaries as well as a $100,000 per year advance
royalty starting at the fifth year of the agreement.
Drilling will focus on several untested targets
east and west of the Central Zone corridor. In a second phase,
Brunswick will target the extensions of the MR-3, MR-6 discoveries
(see air photo below) and the stacked dyke system along their
lateral extensions and at depth. In addition, an entirely new
mineralized dyke system located 4.5 km to the northeast will be
targeted.
Shareholders may gain further insight by
accessing Brunswick’s press release here.
Globex External 1km GMR
Boundary
Lac Escale (Mirage) Target Locations –
Brunswick Exploration Inc.
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.
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/4c1e13ce-a40b-47ae-973b-b6046f0aff54https://www.globenewswire.com/NewsRoom/AttachmentNg/be533a3a-ec19-46e2-ad99-93eaa02b261f
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