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Globex Mining options Duquesne West/Ottoman Project to Emperor Metals

Globex Mining options Duquesne West/Ottoman Project to Emperor Metals

Globex Mining Enterprises CEO Jack Stoch joined Steve Darling from Proactive to share news the company has moved along the Duquesne West/Ottoman gold property in Quebec to Emperor Metals. Stoch telling Proactive the company is receiving cash payments of 10 million dollar total payable over a 5year period. The company will also see payments of 15 million shares over a 5 year period. The Duquesne West/Ottoman property consists of 38 cells totalling 1,389 hectares and straddles the gold localizing Porcupine-Destor Break.