Globex Mining Bolsters Portfolio with Quebec Gold Properties

Globex Mining Ent (TSE:GMX) has released an update.

Globex Mining Enterprises Inc. has expanded its gold mining portfolio by acquiring two promising gold properties in Quebec from IAMGOLD Corporation, in a property exchange deal that included no cash or shares. The former Eldrich Gold Mine and Porcupine West Gold property are expected to have significant untapped potential, as historical data and geological trends suggest substantial gold mineralization that has yet to be fully explored.

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