Globex Mining Enterprises (TSX:GMX)(FRANKFURT:G1MN)(STUTTGART:G1MN)(BERLIN:G1MN)(MUNICH:G1MN)(XETRA:G1MN)(OTCQX:GLBXF) is pleased to report that Falco Resources (TSX VENTURE:FPC) (“Falco”) has commenced its 2018 exploration program on Globex’s Donalda royalty property (See Globex press release dated September 27, 2017). An initial program of 10 holes for a total of 10,000 meters is planned.
Per a Falco press release issued on February 28th 2018 Falco reported the following:
“In 2017, about 4,700 metres were drilled on the Donalda property. The drilling consisted of testing the extensions of the known mineralization and confirming historical results. Given its close proximity to the Horne 5 deposit, potential underground mineralization would be accessible from the Horne 5 future underground infrastructure.”