Globex Mining Ent ( (TSE:GMX) ) has shared an update.
Globex Mining Enterprises disclosed new drilling results from the Duquesne West property in Quebec, a project conducted in partnership with Emperor Metals Inc. The drilling campaign, which included 19 new holes and historical core resampling, aimed to delineate a multi-million-ounce gold resource. The results have revealed significant gold mineralization both within and outside the conceptual open-pit area, bolstering expectations for an updated mineral resource estimate in early 2025. These findings suggest potential expansion of the resource base, highlighting the project’s exploration upside and potential value addition for stakeholders.
More about Globex Mining Ent
Globex Mining Enterprises Inc. operates in the mining industry, focusing on exploration and development of mineral properties, particularly in North America. The company holds various mineral properties and works alongside partners to advance projects, with a focus on gold and other precious metals.
YTD Price Performance: 27.35%
Average Trading Volume: 41,156
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$85.22M
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