July 2016 - Page 3 of 4 - Bull Market News

Globex Mining buys, sells Duverny gold claims

Jul 11, 2016

Globex Mining Enterprises Inc. has purchased a block of 69 claims located in Duverny township, Quebec, from the beneficiaries of the estate of Jean Roger Beauchemin. The claims adjoin both the Duvay gold property currently held by Secova Metals Corp. and the Fontana gold property under option to Tres-Or Resources Ltd. from Globex. Under the terms of the agreement, Globex paid $85,000 in Globex shares (280,000 shares at time of signature), $15,000 in cash and reserved a 1.8-per-cent net smelter...

Avarone closes $140,000 first tranche of placement

Jul 8, 2016

Avarone Metals Inc. has closed the initial tranche of a non-brokered private placement, issuing a total of 1.75 million units for gross proceeds of $140,000. Each unit consisted of one common share and one-half common share purchase warrant, whereby each full warrant entitles the holder to purchase one additional common share of the company for a period of 24 months from closing at an exercise price of 12 cents per share. The proceeds from the first tranche will be used to conduct further...

Pasinex Resources drills 2.8 m of 37.6% Zn at Pinargozu

Jul 7, 2016

PASINEX UNDERGROUND DRILLING AT PINARGOZU IN TURKEY INTERCEPTS MINERALIZED HORIZON EAST OF MINE WORKINGS Pasinex Resources Ltd. has received the next set of assay results from it’s 2015 drill campaign at its 50-per-cent-owned Pinargozu zinc mine. Assays are now available for a further 22 (PPU15-009 – PPU15-030) underground diamond drill holes completed between May and September 2015. The 22 drill holes averaged 66 metres in length for a total of 1,448 metres. Amongst the results are...

American Manganese’s cathode recycling test under way

Jul 6, 2016

RECYCLING LITHIUM ION EV BATTERY CATHODE MATERIALS UNDERWAY AT KEMETCO RESEARCH INC. Kemetco Research Inc. has begun proof-of-concept testing of American Manganese Inc.’s proprietary hydrometallurgical process for the recycling of cathode materials, specifically lithium-cobalt, the battery chemistry currently used by Tesla for the Model S. Norman Chow, president of Kemetco Research, says: “There are approximately 400,000 vehicles on the Tesla Model 3 waiting list. Each vehicle will...

Secova agreement for Chenier property

Jul 6, 2016

See Property Agreement (C-SEK) Secova Metals Corp (2) The TSX Venture Exchange has accepted for expedited filing documentation pertaining to a purchase agreement dated May 12, 2016, between Secova Metals Corp. and Globex Mining Enterprises Inc., pursuant to which Secova can acquire a 100-per-cent interest in 69 claims located in the Duverny Township, Quebec, known as the Chenier property. In consideration, Secova will pay $100,000 and issue one million shares. The claims have a 1.8-per-cent net...