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Except for historical information, this presentation 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. 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 detailed discussion of the risk factors relating to Globex is available in Globex’s Annual Information Form, available at www.sedar.com.
Forward-Looking Statements
At Home in North America
Talc • Magnesium Compounds
WORLDWIDE MAGNESIUM CORP.
Copper • Gold, Zinc • Silver
Iron
CHIBOUGAMAU INDEPENDENT MINES
Gold • Silver Copper • Zinc
ROYALTIES & OPTIONS
Manganese • Rare Earths Mica • Iron • Molybdenum
Lithium • Uranium Apatite
SPECIALTY METALS & MINERALS
Copper • Zinc • Lead, Nickel • Gold • Silver
BASE METALS (POLYMETALLIC)
Gold • Silver • Platinum Palladium • Iridium
Osmium
PRECIOUS METALS
Globex Mining Enterprises Inc. | www.globexmining.com
Precious Metals Recovery
Technology
Globex Mining Enterprises Inc.
Globex Mining Enterprises Inc.
• Shares Issued 22,726,241 (after 25 years, no rollbacks)
• Fully Diluted 24,889,141
• Funds available for exploration
• No debt
• Own 100% of its property interests
• Works in North America principally Quebec, Ontario, Nova Scotia and New Brunswick
• Board of Directors – 4 senior geologists and 1 mining accountant
Globex Mining Enterprises Inc.
Globex Mining Enterprises Inc.
Toronto Stock Exchange Canada GMX
Frankfurt Stock Exchange Germany G1M
Berlin Stock Exchange Germany G1M
Stuttgart Stock Exchange Germany G1M
Munich Stock Exchange Germany G1M
Xetra Stock Exchange Germany G1M
OTCQX International U.S.A. GLBXF
LISTINGS:
Globex Mining Enterprises Inc.
Diversified Mineral Holdings: Abitibi Geological Belt
Globex Mining Enterprises Inc.
Mineral Diversification Today for the Future
INDUSTRIAL MINERALS
SPECIALTY METALS
BASE METALS
PRECIOUS METALS
Magnesite Mg
Talc
Mica
Talc
Phlogophite Mica
Copper Cu
Zn
Ni
Pb
Zinc
Nickel
Lead
Gold Au
Ag
Pt
Pd
Os
Ir
Silver
Platinum
Palladium
Osmium
Iridium
Iron Fe
Mn
Mo
U
F
Li
Hf
Ce
Zr
Y
Nb
REE
Manganese
Molybdenum
Uranium
Fluorine
Lithium
Hafnium
Cerium
Zirconium
Yttrium
Niobium
Rare Earths
Apa Apatite
At Home in North America
WORLDWIDE MAGNESIUM CORP.
CHIBOUGAMAU INDEPENDENT MINES
ROYALTIES & OPTIONS
SPECIALTY METALS & MINERALS
BASE METALS (POLYMETALLIC)
PRECIOUS METALS
Globex Mining Enterprises Inc. | www.globexmining.com
107 Properties (excluding royalty properties)
63 Gold, Silver, Platinum, Palladium
32 Polymetallic (Copper, Zinc, Gold, Silver, Lead, Nickel)
12 Specialty metals and minerals (Iron, Lithium, Magnesium Oxide, Manganese, Mica, Molybdenum, Rare Earth, Talc, Uranium)
16 Royalties
23 Active options •Cash payments • Share payments •Exploration & development expenditures •Gross metal royalty
46 Historical or NI 43-101 resources
Globex Mining Enterprises Inc.
Historical Value of production in US$ Southern Abitibi Quebec & Ontario
166.61 million oz
635.8 million oz
Total: US$ 370.7 Billion
Metal Prices Used in Calculations
US$ 163.9B US$ 1.49B
US$ 1.64B
US$ 18.0B
US$ 39.36B
US$ 1.64B
US$ 34.18B
US$ 52.38B
US$ 55.44B
US$ 1.64B
Au
Ag
Zn
Cu
28.0 billion lb
14.5 billion lb Au $ 1640.00/oz Ag $ 30.00/oz
Zn $ 0.88/lb Cu $ 3.60/lb
Globex Mining Enterprises Inc.
Cadillac Gold Camp (Wood – Pandora Joint Venture)
Globex Mining Enterprises Inc.
Duquesne-Ottoman Property
Donchester Mine 360K oz Au Prod.
Meas+Ind: 1.33M oz Au Inf.: 302K oz Au
Beattie Mine 1.1M oz Au Prod. Inf. 2.77M oz. Au
In-pit Inf: 1.72M oz. Au Central Duparquet
Meas+Ind. 124K oz Au Inf. 25K oz Au
Golconda 60K oz Au Res.
Brionor Pit/Stinger Ind. 151K oz Au Inf. 106K oz Au
Duquesne-Ottoman September 2011 NI 43-101 Inferred
Resource 853K oz. @ 6.36g/t Au uncut
727K oz. @ 5.42g/t Au cut
Duquesne Mine 70K oz Au Prod.
Meas+Ind. 199K oz Au Inf. 281K oz. Au
Xmet Inc.
Globex/Xmet Inc.
Clifton Star Res. Inc.
Dusquesne-Ottoman Property and Significant Other Properties
Duparquet Township, Quebec Other Property
Globex/Xmet Inc.
Tonnancour Property
L5 + 75W Cross Section
(Looking N-NE)
Globex Mining Enterprises Inc.
Tavernier Property (Cu, Zn, Au, Ag)
KIPAWA U3O8, Au,
Rare Earths
Large Land Position Multiple Zones
Precious Metals Recovery Technology
Realization of True Value – Spin-outs?
Talc, Magnesium Compounds
WORLDWIDE MAGNESIUM CORP.
5 former Au/Cu Mines Large Land Position 2 unmined deposits
CHIBOUGAMAU MINING CAMP
QUEBEC
Globex Mining Enterprises Inc. | www.globexmining.com
?
Globex Mining Enterprises Inc.
CHIBOUGAMAU MINING CAMP
QUEBEC
Chibougamau Independent Mines Inc.
• Dominant position in the Chibougamau Mining Camp
• 5 former copper-gold mines
• Down dip of 3 large copper-gold deposits
• 2 unmined deposits (Au, Ag, Zn - Berrigan) & (Cu, Au – Bateman Bay)
• 1 iron/titanium deposit
• Several partially defined copper-gold zones
• Large exploration land package with numerous targets
Globex Mining Enterprises Inc.
Geological Map of Chibougamau Area
Globex Properties
Lemoine, Obalski, McKenzie & Roy Townships, Quebec
32 G/16
Globex Mining Enterprises Inc.
Doré Lake Complex (Copper-Gold)
• sjdkhkjsdhgfds
Longitudinal Section – Chibougamau area, Quebec
Globex Mining Enterprises Inc.
Timmins Talc-Magnesite Project
Resources : NI 43-101 conformable
Resource Category - Zone A Tonnage (t) Magnesite (%) Talc (%)
Indicated 12,728,000 52.1 35.4
Inferred 18,778,000 53.1 31.7
• Magnesium Oxide (MgO) > 94.8% Recovery
• Talc > 70.8% Recovery
• Annual Tonnage Processed 500,000 tonnes
• Total Sales (Gross) > $2,578,000,000 Cdn.
• Pre-Production Cap Ex > $268,400,000 Cdn.
• Price (MgO) > $570/t Cdn.
• Price (Talc) > $500/t Cdn.
• Size Potential + 100 M. Tonnes
• Life + 60 years (Zone A only)
• Mining Method ̶ Open Pit
• MgO Purity + 98%
• Talc Brightness 93-95
• After Tax IRR 20%
Projections based upon Micon International Limited report
20 year Preliminary Economic Assessment
Globex Mining Enterprises Inc.
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.
World: Estimated Consumption of Refractories by application, 2009 (%)
Roskill Information Services Ltd. Magnesium Compounds and Chemicals: Global Industry Markets and Outlook Eleventh Edition, 2010
Globex Mining Enterprises Inc.
Magnesia Potential – Globex
• “We consider that there is potentially a very good opportunity 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, 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.
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. 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 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.
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 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 the key North American markets for bright talc and is very large”.
Roskill Information Services Ltd. Analysis of the North American Market Outlook for Talc - October 2010
Globex Mining Enterprises Inc.
At Home in North America
• Globex has 75 % interest and management
• Worldwide application of hydrometallurgical technology
• Gold recoveries of up to 98%
• Stabilizes arsenic residues
• Oxidizes sulphides in residues
• Low capital costs
• Low operating costs
– No fine grinding
– Recyclable reagents
• Extremely environmentally friendly
Precious Metals Recovery Technology
Globex Mining Enterprises Inc.
Business Model
• Leasing of technology in exchange for cash and royalty
• Acquire and prove technology on inactive gold/silver deposits – Either place into production or sell
• Acquire and reprocess gold/silver bearing tailings
• Apply technology to correct environmental problems related to leaching of arsenic and acid drainage from gold mine tailings
Precious Metals Recovery Technology
Globex Mining Enterprises Inc.
Client # 1: Eco Refractory Solutions
0%
20%
40%
60%
80%
100%
Methods
28%
85.1% 94.3%
% E
xtra
ctio
n
• Lower Capital Cost
• Lower Operating Cost
– No fine grind necessary
• Lower Energy cost
– Does not require pressure leach (autoclave)
• Better Recoveries
• Environmentally Friendly
– Arsenic Stabilized
– Sulphides Oxidized
– Faster Permitting
Gravity Gravity, Flotation, Albion, Cyanidation Gravity, Flotation, Eco, Cyanidation
Method Benefits
Globex Mining Enterprises Inc.
Client # 2 – Eco Refractory Solutions
38.2% 40.6%
90.0% +97.3%
% E
xtra
ctio
n
Methods
• Large Tonnage, Low Grade, Open Pittable Gold Ore
• Refractory Ore – Fine Gold in Pyrite Lattice
Direct Cyanidation Fine Grinding, Direct Cyanidation Fine Grinding, *Roasting, Cyanidation Fine Grinding, Eco Refractory Process, Cyanidation
*Roasting requires high capital costs and energy consumption while creating numerous potentially dangerous and expensive environmental problems
Globex Mining Enterprises Inc.
KIPAWA U308, AU
RARE EARTHS
At Home in North America
• Large land package
• Rare Earths, Uranium, Gold
• Numerous undrilled showings
• Exploration potential
• High assays in Light and Heavy Rare Earths, Zirconium, Yttrium
Outcrop Boulders *Spot Oxide Price (per mineralprices.com)
Light Rare Earths Lanthanum Oxide (La₂O₃) 2.93% 3.62% $50/kg Cerium Oxide (Ce₂O₃) 5.26% Greater than 5.85% $45/kg Praseodymium Oxide (Pr₂O₃) 0.58% Greater than 0.58% $150/kg Neodymium Oxide (Nd₂O₃) 2.03% 3.25% $175/kg Samarium Oxide (Sm₂O₃) 0.29% 0.36% $73/kg Heavy Rare Earths Europium Oxide (Eu₂O₃) 0.02% 0.05% $3,850/kg Gadolinium Oxide (Gd₂O₃) 0.17% 0.40% $130/kg Terbium Oxide (Tb₂O₃) 0.02% 0.04% $2,400/kg Dysprosium Oxide (Dy₂O₃) 0.32% Greater than 0.57% $1,500/kg Holmium Oxide (Ho₂O₃) 0.01% 0.17% Erbium Oxide (Er₂O₃) 0.31% 0.54% $175/kg Thulium Oxide (Tm₂O₃) 0.03% 0.08% Ytterbium Oxide (Yb₂O₃) 0.29% Greater than 1.14% Lutetium Oxide (Lu₂O₃) 0.02% 0.04% Other Elements Yttrium Oxide (Y₂O₃) 2.23% 4.25% $95/kg Zirconium Oxide (ZrO₂) Greater than 6.75% 17.36% Hafnium Oxide (HfO₂) 0.14% 0.26% Niobium Pentoxide (Nb₂O5) 1.60% 4.98% Summary - (Highest Individual Samples) TREO (Total Rare Earth Oxides) 9.29% ― ― HREO (Heavy Rare Earth Oxides) 1.32% ― ― TREO + Y2O₃ 10.12% ― ― HREO + Y₂O₃ 3.55% ― ― HREO + Y2O₃/TREO + Y2O₃ 0.37% ― ―
*Oxide prices reported on January 11, 2012 in US dollars are subject to change and quoted prices may vary from source to source
Turner Falls 2011 Rare Earth Assays
At Home in North America
Talc • Magnesium Compounds
WORLDWIDE MAGNESIUM CORP.
Copper • Gold, Zinc • Silver
Iron
CHIBOUGAMAU INDEPENDENT MINES
Gold • Silver, Copper • Zinc
ROYALTIES & OPTIONS
Manganese • Rare Earths Mica • Iron • Molybdenum
Lithium • Uranium Apatite
SPECIALTY METALS & MINERALS
Copper • Zinc • Lead, Nickel • Gold • Silver
BASE METALS (POLYMETALLIC)
Gold • Silver • Platinum Palladium • Iridium
Osmium
PRECIOUS METALS
Globex Mining Enterprises Inc. | www.globexmining.com
Precious Metals Recovery
Technology
Thank you Merci