Brunswick Reports More Lithium Intersections on Globex Royalty Property
On January 24, 2023, ( click to access press release ) Globex announced the sale of the property to Brunswick while maintaining a 3% Gross Metal Royalty, 1% of which may be purchased for an additional $1,000,000.
- On January 24, 2023, ( click to access press release ) Globex announced the sale of the property to Brunswick while maintaining a 3% Gross Metal Royalty, 1% of which may be purchased for an additional $1,000,000.
- In addition, upon the 5th anniversary of the agreement or following total expenditures of $4,000,000 whichever comes first, Brunswick will commence to pay Globex an annual $100,000 advance royalty payment.
- Today, Brunswick announced 10 additional drill holes.
- Of particular interest are, three drill holes collared at the same location but at successively steeper dip angles.