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Globex acquires 3 lithium projects in Quebec

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020


Globex acquires 3 lithium projects in Quebec

Globex Mining EnterprisesInc. said May 2 that it has acquired three lithium projects in Quebec,in exchange for undertaking the renewal of certain claims and reserving a 1% netsmelter royalty for the vendor.

The royalty can be repurchased by Globex at any time for C$200,000.

The Chubb, Bouvier and McNeely properties have recorded multiplelithium spodumene occurrences in surface showings, trenches and drill holes. Inall properties, the spodumene bearing pegmatite dykes are reported to have up to20% spodumene content.

Recently, Globex staked40 claims over a strike length of 10 kilometers in Nova Scotia.