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Globex Mining Enterprises (TSE:GMX,FRA:G1M,OTC:GLBXF) reports it has an agreement with Titan Iron Ore Corp (OTC:TFER).
Globex Mining Enterprises (TSX:GMX,FRA:G1M,OTC:GLBXF) reports it has an agreement with Titan Iron Ore Corp (OTC:TFER).
The press release is quoted as saying,
Titan may earn 100% interest in a Globex, Labrador trough area iron exploration property in Northern Quebec.
The property consists of 200 claims totalling approximately 9,160 ha (22,635 acres) and covers a 32 kilometre (19.9 miles) long magnetic anomaly which coincides with known showings of magnetite, an ore of iron.
For the complete press release, click here.
