Globex Mining Ent ( (TSE:GMX) ) has shared an update.
Globex Mining Enterprises Inc. announced that Brunswick Exploration Inc. has commenced a 5,000-meter drilling program on its Lac Escale (Mirage) property in Quebec, where Globex holds a 3% Gross Metal Royalty. This development is significant as it targets multiple untested and promising mineral zones, potentially enhancing Globex’s future revenue through royalties and impacting its strategic position within the mining sector.
More about Globex Mining Ent
Globex Mining Enterprises Inc. operates in the mining industry, primarily focusing on royalties and exploration properties. They hold various interests in mineral properties across North America, particularly in Canada, and are involved in metals such as lithium.
YTD Price Performance: 21.37%
Average Trading Volume: 38,563
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$79.61M
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