The Conversation (0)
Globex Options Bell Mountain Gold Project in Nevada to Laurion
Jun. 29, 2010 10:04AM PST
Silver Investing
GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF)(PINK SHEETS:GLBXF) and its wholly owned subsidiary Globex Nevada, Inc. have entered into an option agreement with Laurion Mineral Explorations Inc. (LME-TSXV) and their wholly own subsidiary Laurion Mineral Exploration USA LLC whereby Laurion may earn 100% interest in Globex’s Bell Mountain Gold Project in Churchill County, Nevada.
GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF)(PINK SHEETS:GLBXF) and its wholly owned subsidiary Globex Nevada, Inc. have entered into an option agreement with Laurion Mineral Explorations Inc. (LME-TSXV) and their wholly own subsidiary Laurion Mineral Exploration USA LLC whereby Laurion may earn 100% interest in Globex’s Bell Mountain Gold Project in Churchill County, Nevada.
The press release is quoted as saying:
Under the agreement, at signing, Laurion will pay an initial $10,000 and deliver 1,700,000 Laurion shares. Laurion has the option, over the first 24 months of the agreement, to pay $30,000 and issue 2,000,000 shares and, over 5 years, perform $3,000,000 in exploration and/or development.
Click here to access the entire press release
Click here to access GLOBEX MINING ENTERPRISES Corporate Site