GMX

Globex Receives Fayolle Quarterly Royalty Payment

Retrieved on: 
Wednesday, March 27, 2024
Fayolle, Geo, GMX, Toronto Stock Exchange, IAMGOLD, Mining

The deposit is being mined by the open pit method with the ore being transported to IAMGold’s Westwood mill.

Key Points: 
  • The deposit is being mined by the open pit method with the ore being transported to IAMGold’s Westwood mill.
  • Globex has just received the quarterly royalty payment for the October to December 2023 period.
  • This is the largest payment to date as the mining and processing of Fayolle’s gold/silver ore has ramped up.
  • Globex retains a 2% net smelter royalty on all mineral production from the Fayolle property.

Globex Acquires Gold Exploration Target in Arizona, USA

Retrieved on: 
Thursday, March 21, 2024
Dorado, B-68, Element, Gneiss, Perchloric acid, Geo, Silver, Vein, B-29, ICP-OES, Hydrogen chloride, AAL, Salt, Gold, GMX, Toronto Stock Exchange, HF, B-34, B-19, HNO3, Glass, H3BO3, Linearity, B-47, Mining

The project area is at the northernmost margin of the historic Gold Basin Mining District.

Key Points: 
  • The project area is at the northernmost margin of the historic Gold Basin Mining District.
  • In the area covered by Globex’s Salt Spring property Globex has identified 14 small mine workings and at least 15 prospects.
  • Globex already carried out preliminary fieldwork including geological mapping and collected a total of 70 rock samples.
  • Obtained gold values above 10 g/t were re-analyzed via fire assay of a 30 g subsample and gravimetric determination.

Globex Acquires Gold Silver Exploration Target in Nevada, USA

Retrieved on: 
Wednesday, February 28, 2024
Quartz, Double standard, Copper, Mining, Peak, GMX, Toronto Stock Exchange, Hydrothermal circulation, HNO3, Horizontal, Hydrogen chloride, Gold, Crescent, Geo, Rest, Lead, Element, C-9, H3BO3, The Red Star, Perchloric acid, AAL, Red star, HF, Silver, ICP-OES, R-40, C-3, AG

Most of the historic production included turquoise (around the porphyry copper occurrence at Crescent Peak), gold, silver, copper and lead.

Key Points: 
  • Most of the historic production included turquoise (around the porphyry copper occurrence at Crescent Peak), gold, silver, copper and lead.
  • In the early 1980’s the Crescent Mining Ltd. exploited the Rest Mine and extracted gold via a heap leach operation.
  • Initial historic mining and exploration at the Red Star vein system dates back to the period 1907-1914.
  • Obtained gold values above 10 ppm and silver above100 ppm were re-analyzed via fire assay of a 30 g subsample and gravimetric determination.

Hashflow Unveils Arbitrum-Native Aggregator, Bringing Intent-Based Trading to Arbitrum

Retrieved on: 
Wednesday, March 6, 2024
Ethereum, EVM, Love, HFT, ARB, GMX, MAGIC, News, Risk, Lighter, CMSO, RFQ, DEX, BNB, Ecosystem, Camelot, Cryptocurrency

MIAMI, March 6, 2024 /PRNewswire/ -- Hashflow, a leading decentralized finance (DeFi) trading platform, today announced the launch of its Arbitrum-native aggregator, creating a hub for all Arbitrum ecosystem traders. Through its intent-based, Smart Order Routing architecture, Hashflow's new product, Aggregator+, enables traders to tap into roughly $8B of liquidity to get the best prices on the most popular tokens on Arbitrum. As the Arbitrum DeFi community continues to expand rapidly, Hashflow is positioning itself as a one-stop trading platform for all users in the ecosystem. Hashflow's governance token (HFT) token will also expand onto Arbitrum, in addition to Ethereum and BNB Chain.

Key Points: 
  • As the Arbitrum DeFi community continues to expand rapidly, Hashflow is positioning itself as a one-stop trading platform for all users in the ecosystem.
  • DEX volume continues to surge on Arbitrum, and Hashflow stands to become a central trading hub for all levels of traders in the network."
  • By launching on Arbitrum, Hashflow creates new opportunities for traders to access a broader range of assets and liquidity sources.
  • Hashflow continues to demonstrate its commitment to providing users with seamless and efficient trading experiences across various chains.

30 Blockchains' DEX Aggregator OpenOcean Launches Its OOE Token on Arbitrum

Retrieved on: 
Tuesday, March 5, 2024
Ethereum, Bitcoin, Scroll, CMS, Cross, API, GMX, OOE, MetaMask, SDK, DEX, Ecosystem, Avalanche, TVL, Cryptocurrency

SINGAPORE, March 5, 2024 /PRNewswire/ -- OpenOcean, the widest reaching web3 DEX aggregator & cross-chain aggregator backed by top investors Binance Lab, Multicoin, CMS and more, recently announced its native token - OOE, on the Arbitrum blockchain.

Key Points: 
  • SINGAPORE, March 5, 2024 /PRNewswire/ -- OpenOcean, the widest reaching web3 DEX aggregator & cross-chain aggregator backed by top investors Binance Lab, Multicoin, CMS and more, recently announced its native token - OOE, on the Arbitrum blockchain.
  • This strategic announcement signifies a pivotal moment for the OOE token, bringing enhanced utility and benefits to both the Arbitrum ecosystem and OOE token holders.
  • OOE token stakers can enjoy the gas rebates while trading on Arbitrum along with staking rewards, and participation in governance via OpenOcean Arbitrum DAO.
  • Looking forward, as OpenOcean continues to expand its offerings and enhance the utility of OOE, the deployment of OpenOcean on Arbitrum serves as a foundation for future ecosystem growth.

30 Blockchains' DEX Aggregator OpenOcean Launches Its OOE Token on Arbitrum

Retrieved on: 
Tuesday, March 5, 2024
Ethereum, Bitcoin, Scroll, CMS, Cross, API, GMX, OOE, MetaMask, SDK, DEX, Ecosystem, Avalanche, TVL, Cryptocurrency

SINGAPORE, March 5, 2024 /PRNewswire/ -- OpenOcean, the widest reaching web3 DEX aggregator & cross-chain aggregator backed by top investors Binance Lab, Multicoin, CMS and more, recently announced its native token - OOE, on the Arbitrum blockchain.

Key Points: 
  • SINGAPORE, March 5, 2024 /PRNewswire/ -- OpenOcean, the widest reaching web3 DEX aggregator & cross-chain aggregator backed by top investors Binance Lab, Multicoin, CMS and more, recently announced its native token - OOE, on the Arbitrum blockchain.
  • This strategic announcement signifies a pivotal moment for the OOE token, bringing enhanced utility and benefits to both the Arbitrum ecosystem and OOE token holders.
  • OOE token stakers can enjoy the gas rebates while trading on Arbitrum along with staking rewards, and participation in governance via OpenOcean Arbitrum DAO.
  • Looking forward, as OpenOcean continues to expand its offerings and enhance the utility of OOE, the deployment of OpenOcean on Arbitrum serves as a foundation for future ecosystem growth.

Work Progresses on Globex Royalty Properties

Retrieved on: 
Wednesday, February 14, 2024
EV, Cadillac, Magnetism, GMX, NB, Wyse, News, Toronto Stock Exchange, QEMSCAN, Lithology, Geo, Data, Gigafactory, IAMGOLD, Uranium mining

At Globex’s Fayolle royalty property, IAMGOLD are mining by open-pit and transporting the ore to their Westwood mill.

Key Points: 
  • At Globex’s Fayolle royalty property, IAMGOLD are mining by open-pit and transporting the ore to their Westwood mill.
  • Globex has begun to receive quarterly royalty payments on Globex’s 2% Net Smelter Royalty purchased many years ago.
  • In December, Globex received a $58,814.68 royalty payment.
  • This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

Globex Exploration Update on Virgin Mountain Rare Earth & Beryllium Project, Arizona, USA

Retrieved on: 
Tuesday, February 13, 2024
Thulium, Virginity, Yttrium, GMX, Beryllium, Radioactive decay, Geo, Erbium, Niobium, Density, AAL, Terbium(III) oxide, Gadolinium, Toronto Stock Exchange, ASARCO, Ytterbium, LREE, Silver, Tantalum, Assay, Dysprosium, Wolverine, Terbium, Holmium, Virgin Mountain, Asarco, Chrysoberyl, Uranium, Beryl, Geology, Element, REE, Virgin Mountains, Lutetium, Anomaly, ICP-OES, Rare-earth element

The Virgin Mountain rare earth & beryllium property is located in the Arizona portion of the Virgin Mountain range, about 120 km northeast of Las Vegas, Nevada.

Key Points: 
  • The Virgin Mountain rare earth & beryllium property is located in the Arizona portion of the Virgin Mountain range, about 120 km northeast of Las Vegas, Nevada.
  • Past exploration activities for uranium and later for rare earth elements (REE) initiated in the 1940’s and ended in 1991.
  • In the 1950’s and 1960’s the Virgin Mountains Be-bearing pegmatites had been explored intensely for beryllium, but never came into production.
  • Rare Earth (REE) ± U & Th mineralization is hosted in migmate-gneiss and interlayered thin schist layers, locally also in pegmatite dikes.

Emperor Renews Option on Globex’s 50% owned

Retrieved on: 
Friday, February 2, 2024
Geo, GMX, VWAP, Toronto Stock Exchange

The option renewal for 2024 consists of a $500,000 cash payment and $300,000 in Emperor shares based upon a 20-day VWAP amounting to 2,583,119 shares.

Key Points: 
  • The option renewal for 2024 consists of a $500,000 cash payment and $300,000 in Emperor shares based upon a 20-day VWAP amounting to 2,583,119 shares.
  • For previous press releases, Emperor have announced both high grade and low grade intersections building upon their open pit model.
  • Additional drill hole results are being waited upon and the 3,000 metres of historical core samples are being prepared to submit for assay.
  • The Duquesne West-Ottoman property straddles the Porcupine-Destor gold localizing fault several kilometres east of the town of Duparquet, Quebec.

Assays Pending on Globex’s Kewagama Royalty Portion of Radisson’s O’Brien Property

Retrieved on: 
Tuesday, January 23, 2024
GMX, Toronto Stock Exchange, Geo

Globex holds a 2% Net Smelter Royalty on the Kewagama Gold Mine property.

Key Points: 
  • Globex holds a 2% Net Smelter Royalty on the Kewagama Gold Mine property.
  • Additional drilling is well underway.
  • This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)
  • under NI 43-101.