Globex Announces Promising Hydrogen Initiative at Guigues Silica Project
11 September 2024 - 3:00PM
GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock
Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich,
Tradegate, Lang & Schwarz, LS Exchange, TTMzero,
Düsseldorf and Quotrix Düsseldorf Stock
Exchanges and GLBXF – OTCQX
International in the US) is pleased to share an unexpected
and promising development regarding our Guigues Silica property,
located near St-Bruno-de-Guigues, Quebec.
Originally acquired for its potential silica
production capabilities, the Guigues property was intended to
support our diverse portfolio of advanced silica projects. However,
recent hydrogen exploration activities by Quebec Innovative
Materials Corp. (QIMC-CSE, 7FJ-FSE) and the Institut National de la
Recherche Scientifique (INRS) in the surrounding area have revealed
significant hydrogen concentrations. Their latest announcement,
dated September 4, 2024, highlights the discovery of hydrogen at
levels exceeding 1,000 ppm—well above the instrumental detection
limit. See map below.
Guigues Property Map
As this development is new and evolving,
shareholders are encouraged to review the latest QIMC press release
for detailed insights. With our property situated centrally within
this burgeoning hydrogen exploration district, Globex is
well-positioned to benefit from these exciting advancements. We
will continue to monitor this situation closely and update our
stakeholders as new information becomes available.
This announcement was prepared by Jack Stoch,
P.Geo., President and CEO of Globex, who is a Qualified Person
(Q.P.) under NI 43-101.
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We Seek Safe Harbour. |
Foreign Private Issuer 12g3 – 2(b) |
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CUSIP Number 379900 50 9LEI 529900XYUKGG3LF9PY95 |
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For further information, contact: |
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Jack Stoch, P.Geo., Acc.Dir.President & CEOGlobex Mining
Enterprises Inc.86, 14th StreetRouyn-Noranda, Quebec Canada J9X
2J1 |
Tel.: 819.797.5242Fax: 819.797.1470 info@globexmining.com
www.globexmining.com |
Forward-Looking Statements:
Except for historical information, this news release may contain
certain “forward looking statements”. These statements may
involve a number of known and unknown risks and uncertainties and
other factors that may cause the actual results, level of activity
and performance to be materially different from the expectations
and projections of Globex Mining Enterprises Inc. (“Globex”).
No assurance can be given that any events anticipated by the
forward-looking information will transpire or occur, or if any of
them do so, what benefits Globex will derive therefrom. A
more detailed discussion of the risks is available in the “Annual
Information Form” filed by Globex on SEDAR at www.sedar.com.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/cec0570c-dd21-485e-9a04-2048dd91141b
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