GLOBEX is a Toronto Stock Exchange listed exploration company with a very large North American portfolio of advanced properties with gold, copper, nickel, rare earths, zinc, silver, uranium, platinum, palladium, magnesium, talc and molybdenum potential.
GLOBEX seeks to create shareholder value by acquiring mineral properties, enhancing them and either optioning or joint venturing them, developing them to production, or in some cases selling projects outright.
1. At Home in North America
PRECIOUS
METALS
BASE METALS
(POLYMETALLIC)
Gold, Silver, Platinum,
Palladium
Copper, Zinc, Lead, Precious
Nickel, Gold, Silver Metals Recovery
Technology
SPECIALTY WORLDWIDE
METALS MAGNESIUM CORP.
Rare Earths, Uranium, Talc, Magnesium
Lithium Compounds
INDUSTRIAL
S ROYALTIES
O S
MINERALS & OPTIONS
Manganese, Iron, Gold, Silver,
Molybdenum Copper, Zinc
Globex Mining Enterprises Inc. | www.globexmining.com
2. Globex Mining Enterprises Inc.
• Shares Issued 21,018,008 (after 24 years, no rollbacks)
• Fully Diluted
Fully Diluted 23,731,508
23 731 508
• Funds available for exploration
• No debt
N d bt
• Own 100% of its property interests
• Works only in North America principally Quebec,
Works only in North America principally Quebec
Ontario and Nova Scotia
• Board of Directors – 4 senior geologists
and 1 mining accountant
Globex Mining Enterprises Inc.
3. Globex Mining Enterprises Inc.
LISTINGS:
Toronto Stock Exchange
T t St k E h Canada
C d GMX
Frankfurt Stock Exchange Germany G1M
Berlin Stock Exchange
l k h Germany G1M
Stuttgart Stock Exchange Germany G1M
Munich Stock Exchange Germany G1M
Xetra Stock Exchange Germany G1M
OTCQX International U.S.A. GLBXF
Globex Mining Enterprises Inc.
4. At Home in North America
PRECIOUS
BASE METALS
METALS
108 Properties
(POLYMETALLIC)
57 Gold, Silver, Platinum, Palladium
SPECIALTY WORLDWIDE
24 Polymetallic (Copper, Zinc, Lead, Nickel, Gold, Silver)
METALS MAGNESIUM CORP.
4 Industrial minerals (Manganese, Iron, Molybdenum)
INDUSTRIAL
MINERALS
ROYALTIES
& OPTIONS 7 Specialty metals (Rare Earths, Lithium, Uranium)
16 Royalties
15 Active options
Active options
• Cash payments
• Share payments
• Exploration & development expenditures
• Gross metal royalty
37 Historical or NI 43‐101 resources
Globex Mining Enterprises Inc. | www.globexmining.com
6. Realization of True Value – Spin‐offs?
WORLDWIDE
MAGNESIUM CORP.
Talc, Magnesium Precious Metals
Compounds Recovery Technology
CHIBOUGAMAU
MINING CAMP
QUEBEC
? KIPAWA
U3O8, Au,
Rare Earths
5 former Au/Cu Mines Large Land Position
Large Land Position Multiple Zones
Globex Mining Enterprises Inc. | www.globexmining.com
7. Chibougamau Independent Mines Inc.
CHIBOUGAMAU
MINING CAMP
MINING CAMP
QUEBEC
• Dominant position in the
Dominant position in the
Chibougamau Mining Camp
• 5 former copper gold mines
5 former copper‐gold mines
• 2 unmined deposits (Au, Ag,
Cu, Zn)
)
• Large exploration land package
with numerous targets
Globex Mining Enterprises Inc.
8. Geological Map of Chibougamau Area
Globex Properties
Lemoine, Obalski,
McKenzie & Roy
Townships, Quebec
Townships, Quebec
32 G/16
Globex Mining Enterprises Inc.
9. Doré Lake Complex (Copper‐Gold)
• sjdkhkjsdhgfds
Longitudinal Section – Chibougamau area, Quebec
Globex Mining Enterprises Inc.
10. Timmins Talc‐Magnesite Project
Resource Category ‐ Zone A Tonnage (t) Magnesite (%) Talc (%)
Indicated 12,728,000
12 728 000 52.1
52 1 35.4
35 4
Inferred 18,778,000 53.1 31.7
• Magnesium Oxide (MgO) > 19% Recoverable • Size Potential + 100 M. Tonnes
• Talc > 23% Recoverable • Life + 30 years
• Annual Mined Tonnage 1 Million tonnes • Mining Method Open Pit
• Annual Gross Contained Value > $160,000,000 Cdn. • Start‐up + 3 years
• Annual Gross Profit EBITDA > $80,000,000 Cdn. • MgO Purity + 98% ‐ 99%
• Price (MgO) > $476/t Cdn. • Talc Brightness + 90
• Price (Talc) > $305/t Cdn. • Financial Advisors KPMG Corp. Finance
Projections based upon Micon International
Limited report
Globex Mining Enterprises Inc.
Resources : NI 43‐101 conformable
11. Magnesia‐Markets for Refractories
• Refractories are used in linings for furnaces, kilns, incinerators, reactors
and are also used to make crucibles. Major applications for both acid and
basic refractories are in the steel, cement, chemical and ceramic
industries.
Non‐ferrous
Chemicals Glass Other
Metals
4% 4% 5%
5%
World: Estimated Consumption
World: Estimated Consumption
of Refractories by application,
Ceramics
2009 (%)
5%
Cement &
Lime Steel
7%
70%
Roskill Information Services Ltd.
Magnesium Compounds and Chemicals:
Global Industry Markets and Outlook
Eleventh Edition, 2010 Globex Mining Enterprises Inc.
12. Magnesia Markets
• Magnesia 2008 consumption
– World 14,170,000 t
– N.A. 900,000 t
• Magnesia projected 2013 consumption
– World
World 16,200,000 t
16 200 000 t
– N.A. 935,000 t
• CCM 90‐92% China FOB $370‐$480 US/t
• DBM 97.5% China FOB $560‐$640 US/t
• FM 98% China FOB $900‐$1,020 US/t
Roskill Information Services Ltd.
Magnesium Compounds and Chemicals:
Global Industry Markets and Outlook Eleventh Edition, 2010
Globex Mining Enterprises Inc.
13. Magnesia Potential – Globex
• “We consider that there is potentially a very good opportunity
p y yg pp y
for Globex to become a major player in the North American
refractory magnesia market.”
• “…U.S. refractory producers, we interviewed are all very
interested in the possibility of a new North American supplier,
p y pp ,
to provide an alternative to Chinese supply…”.
Roskill Consulting Group Ltd.
Analysis of the North American Market
Outlook for Magnesium Compounds,
November 2, 2010 Globex Mining Enterprises Inc.
14. Talc Production and Consumption
Worldwide Production 6,000,000 t
Consumption Europe 2,000,000 t
Breakdown U.S.A. & Canada 900,000 t
Markets Polymers (rubber, plastics)
y ( ,p )
± $450 US/t FOB
Technical Ceramics
± $600 US/t FOB
Coatings (paints, shingles, glue, putty)
± $210 US/t FOB
Roskill Information Services Ltd.
Analysis of the North American Market
Outlook for Talc
‐ October 2010 Globex Mining Enterprises Inc.
15. Talc
“The polymers market would appear to offer a good
opportunity for Globex, particularly in light of the fact that it
will be competing in this segment with bright Chinese talc.
ill b i i hi i h b i h Chi l
Chinese suppliers of talc (and most other mineral products) are
becoming less popular in North America”.
“The demand prospects look good. Globally, the (Polymer)
demand is forecast to increase from 42MT in 2009 to nearly
d di f i f i l
56MT in 2014, with all regions seeing increased demand”.
Roskill Information Services Ltd.
Analysis of the North American Market
Outlook for Talc
‐ October 2010 Globex Mining Enterprises Inc.
16. Talc Potential – Globex
“Concern over the supply of bright talc from China has been
mounting for some years and the degree of concern is growing.
One reason for this is that China’s reserves of bright talc are
O f hi i h Chi ’ fb i h l
declining; many mines no longer have reserves of high‐quality
talc. The price of Chinese talc is also on an upward trend”.
“The TTM deposit, which contains talc comparable in
brightness to the Chinese material, is ideally located to supply
bi h h hi i l i id ll l d l
the key North American markets for bright talc and is very
large”.
g
Roskill Information Services Ltd.
Analysis of the North American Market
Outlook for Talc
‐ October 2010 Globex Mining Enterprises Inc.
17. At Home in North America
• Globex has 75 % interest and management
• Worldwide application of hydrometallurgical
technology
Precious Metals
Precious Metals • Gold recoveries of up to 98%
p
Recovery Technology
• Stabilizes arsenic residues
• Oxidizes sulphides in residues
• Low capital costs
Low capital costs
• Low operating costs
– No fine grinding
– Recyclable reagents
l bl
• Extremely environmentally friendly
Globex Mining Enterprises Inc.
18. Business Model
• Leasing of technology in exchange for cash
g gy g
and royalty
• Acquire and prove technology on inactive
Precious Metals
Precious Metals
Recovery Technology gold/silver deposits
ld/ il d it
– Either place into production or sell
• Acquire and reprocess gold/silver bearing
q p g / g
tailings
• Apply technology to correct environmental
problems related to leaching of arsenic and
bl l d l hi f i d
acid drainage from gold mine tailings
Globex Mining Enterprises Inc.
19. Client # 1: Eco Refractory Solutions
Method Benefits 94,3%
100% 85,1%
• Lower Capital Cost
80%
• Lower Operating Cost
xtraction
– No fine grind necessary 60%
28%
• Lower Energy cost 40%
% Ex
– Does not require pressure
leach (autoclave) 20%
• Better Recoveries 0%
• Environmentally Friendly
– Arsenic Stabilized Methods
p
– Sulphides Oxidized y
Gravity
– Faster Permitting Gravity, Flotation, Albion, Cyanidation
Gravity, Flotation, Eco, Cyanidation
Globex Mining Enterprises Inc.
20. Client # 2 – Eco Refractory Solutions
• Large Tonnage, Low Grade, Open Pittable Gold Ore
• Refractory Ore – Fine Gold in Pyrite Lattice
+97.3%
90,0%
Extraction
% E
Direct Cyanidation 38,2% 40,6%
Fine Grinding, Direct Cyanidation
Fine Grinding, *Roasting, Cyanidation
Fine Grinding, Eco Refractory
Process, Cyanidation
Methods
*Roasting requires high capital costs and energy consumption while creating numerous potentially dangerous and expensive
environmental problems
Globex Mining Enterprises Inc.
21. At Home in North America
KIPAWA
U308, AU
AU
RARE EARTHS
• Large land package
Large land package
• Rare Earths, Uranium, Gold
• Numerous undrilled showings
d ll d h
• Exploration potential
• High assays in Light and Heavy
, ,
Rare Earths, Zirconium, Yttrium
Globex Mining Enterprises Inc.
22. At Home in North America
PRECIOUS
METALS
Thank you Merci
BASE METALS
(POLYMETALLIC)
Gold, Silver, Platinum,
Palladium
Copper, Zinc, Lead, Precious
Nickel, Gold, Silver Metals Recovery
Technology
SPECIALTY WORLDWIDE
METALS MAGNESIUM CORP.
Rare Earths, Uranium, Talc, Magnesium
Lithium Compounds
INDUSTRIAL
S ROYALTIES
O S
MINERALS & OPTIONS
Manganese, Iron, Gold, Silver,
Molybdenum Copper, Zinc
Globex Mining Enterprises Inc. | www.globexmining.com