HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: intresting......

intresting......

posted on Dec 15, 2007 09:12AM

On the uranium-gold front, we announced a deal with Noront Resources Ltd. on Globex's Hunters Point and area properties. In addition to the cash and shares, up to $2.5 million dollars may be spent on exploration by Noront. Globex and Noront immediately increased the size of the land package from 763 hectares to over 14,200 hectares with Globex maintaining a 2% Gross Metal Royalty in this ground and any addition ground acquired within 25 km of the outside boundaries of the original claim groups.

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