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Globex sells Tarmac property to Wesdome

13th July 2021

By: Creamer Media Reporter

     

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Junior Globex Mining has sold its Tarmac gold property in Dubuisson, Quebec, to Wesdome Gold Mines for C$1-million and a 1% gross metal royalty.

The property consists of six claims covering 94 ha located entirely within Wesdome’s Kiena mine complex and less than 2 km northeast of the Kiena underground mine, all located beneath Lac De Montigny.

Globex has maintained the property since its 1996 drilling programme, owing to the evident economic potential.

The property is surrounded on all sides by Wesdome claims, thereby positioning the company to facilitate the potential exploration and advancement of these claims.

Edited by Creamer Media Reporter

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