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GLBXF / Globex Mining Enterprises says option agreement between Azimut Exploration and KGHM International shows its adjacent property is ideally situated

Globex Mining Enterprises says option agreement between Azimut Exploration and KGHM International shows its adjacent property is ideally situated

Globex Mining Enterprises Inc said an option agreement between Azimut Exploration and KGHM International at Azimut's Kukamas gold and copper property in the James Bay area of Quebec shows that the company's own adjacent property is ideally situated. Under the option agreement announced on December 8, KGHM can earn up to a 70% interest in the property by paying Azimut $475,000 in cash payments and undertaking $6.4 million in exploration over six years. Read More

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Posted: Dec 9 2022, 10:23

Author Name: Proactive Investors

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