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Globex Receives Mining Lease for Timmins Talc Magnesia Project

Rouyn-Noranda, Quebec, Canada. GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1M – Frankfurt, Stuttgart, Berlin, Munich, Xetra Stock Exchanges and GLBXF – OTCQX International) is pleased to inform shareholders that the Ontario Government has granted to Globex a 21 year mining lease covering 413.14 hectares (125.92 acres), the site of Globex’s proposed talc magnesia mine in Deloro Township, 13 kilometers south of Timmins, Ontario.

The lease assigns to Globex all “mines, ores, minerals and mining rights in, upon and under” ... [ more ]