Globex Mining Enterprises announced 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 H2 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 H2 concentrations. Their latest announcement highlights the discovery of H2 at levels exceeding 1,000 ppm—well above the instrumental detection limit.
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 H2 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.