GLXI (.07) Announces primary results of Uranium on site of helicopterborne, magnetic, and electromagnetic survey
PR Newswire "US Press Releases "
NEW YORK, Feb. 9 /PRNewswire-FirstCall/ - Globex, Inc. (GLXI: Pink Sheets), today announced that the first primary results in the area indicates the following:
Description a) Apparent resistivity b) Calculated vertical magnetic gradient c) EM profiles, Low/high frequencies d) EM profiles, Mid-Frequencies e) Flight Path f) Electromagnetic profile g) Total magnetic field.
Conclusion: Analysis of four frequency electromagnetic profile data revealed the presence of a large number of conductive responses occurring as conductive zones and areas encompassing several conductive bands, single conductive horizons or bands, and discrete features recorded on one or two flight lines.
Our team on the field stated "It's unbelievably cold out here, but these results warm up our spirits."
Our experts are still analyzing the contents of historical available reports and will publish the condensed conclusions soon.
The company also announced filing with State of Nevada all necessary documentation to change the name of the Corporation to "UMINING RESOURCES INC." The name change will become effective as soon as approved by Regulatory and Governing authorities.
For more information please contact Michel Benoit at (514) 288-8494 or via e-mail at globexenergy@umining.com.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
SOURCE Globex, Inc.
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