A blog about mineral exploration current events with a focus on Gold, Base Metals and the companies that search for them all over the world. My particular focus is on exploration in Quebec's Labrador Trough and following the New Yukon Gold Rush.
Thursday, July 28, 2011
Labrador Trough News: Globex Mining gets iron ore property
Globex Mining (GMX -TSX) announced that it has signed an Option Agreement with Titan Iron Ore Corp wherein Titan may earn 100% interest in a Globex, Labrador trough area iron exploration property in Northern Quebec. The property consists of 200 claims totaling approximately 22,635 acres and covers a 32 kilometer long magnetic anomaly which coincides with known showings of magnetite, an ore of iron. Entire press release here.
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