* Newstin.com is for sale! * After achieving our strategic milestone, we are offering for sale: Newstin.com and all 14 related domains featuring 1 million unique visitors per month + continuously updated news database of 37 million articles in 12 world languages from 166,000 global and weighted sources + 2.1 billion metadata * To seize this unique chance, contact invest@newstin.com. * Newstin.com is for sale! *

Ramp Starting at Globex's Magusi Royalty Property

ROUYN-NORANDA, QUEBEC--(Marketwire - July 23, 2008) - GLOBEX MINING ENTERPRISES INC.(TSX:GMX)(FRANKFURT,STUTTGART,BERLIN,MUNICH,XETRA:G1M)(OTCQX:GLBXF) is pleased to advise shareholders that First Metals Inc. (TSX:FMA) has announced that as of August 1, 2008 excavation of the ramp required to mine a 50,000 ton bulk sample from the Magusi copper, zinc, gold, silver massive sulphide deposit will commence. Excavation of the overburden cover at the portal site as well as construction of yard pads has been completed as has the upgrading of the access road. In addition, a major in-fill, diamond drill program has been completed on the Magusi property. All sulphide intersections have been logged, split and sampled for assaying. In addition drilling was undertaken on either side of the known mineral resource in order to aid in the... [read full story]                    

Add Comment
There are also 2 related articles
View all news articles about*:
*Newstin tag cloud displays all featured persons, associated organizations, related topics, regions and companies