Ft. Lauderdale, FL 5/20/2010 12:50:00 AM
News / Business

Globex Mining Announces Positive Action Regarding Typhoon Land Package

Globex Mining Enterprises Inc. (TSX: GMX) (Pink Sheets: GLBXF) has informed shareholders that Typhoon Exploration Inc. (TSX-V: TYP) has announced the option of its Fayolle land package in Clericy and Aiguebelle townships Quebec to Aurizon Mines Ltd. (TSX: ARZ).

 

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Globex holds a 2% NSR royalty on a number of claims which make up the Typhoon land package including those covering the Fayolle Gold zone mineral resource and a number of priority exploration targets.

 

Globex also holds a 100% interest in the Victoria Gold property adjoining the east of the Typhoon land package and 100% interest in the Railroad Gold property adjoining to the west.

 

GLOBEX is a Toronto Stock Exchange listed exploration company with a very large North American portfolio of advanced properties with gold, copper, nickel, rare earths, zinc, silver, uranium, platinum, palladium, magnesium, talc and molybdenum potential.

 

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