Brunswick Begins New Drilling on Globex's Lac Escale (Mirage) Lithium Royalty Property
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Brunswick Exploration Inc. has commenced a 5,000-metre drilling program on Globex Mining Enterprises Inc.'s Lac Escale (Mirage) lithium royalty property in Quebec. Globex holds a 3% Gross Metal Royalty and a $100,000 annual advance royalty starting in the fifth year.
January 27, 2025 | 2:15 pm
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Globex Mining Enterprises Inc. benefits from Brunswick's new drilling program on its Lac Escale property, with a 3% royalty and future annual payments.
The initiation of drilling by Brunswick on Globex's property is likely to enhance Globex's future revenue through royalties and advance payments, positively impacting its stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80