Globex Signs LOI on Magusi Mine Property Package

Globex Mining Enterprises Inc. (TSX:GMX) completes the purchase of the Magusi River Mine and associated land package from First Metals Inc.

The press release is quoted as saying:

Globex has granted Mag the option to acquire a 100% interest in Globex’s Magusi River copper, gold, zinc, silver deposit and associated claim package in Quebec (see press release dated March 24, 2011).

Click here to access the entire press release