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Events / Business / Mont Sorcier Feasibility Study Update
Business project update

Mont Sorcier Feasibility Study Update

Analysis based on 7 articles · First reported Apr 08, 2026 · Last updated Apr 08, 2026

Sentiment
40
Attention
2
Articles
7
Market Impact
General
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Market Impact

The progress on the Mont Sorcier iron project, particularly the anticipated feasibility study, is positive for Globex Mining Enterprises due to its royalty interest. The potential for high-grade iron concentrate supports the 'Green Steel' transition, which could benefit the broader steel industry.

Mining Steel
Event Summary

Globex Mining Enterprises announced that Cerrado Gold provided an update on the Mont Sorcier iron project, where Globex Mining Enterprises holds a 1% Gross Metal Royalty. The feasibility study for the project, operated by Cerrado Gold's subsidiary Voyager Metals Inc., is expected to be completed in Q2 2026. Voyager Metals Inc. completed 17,890 meters of infill drilling in 2025 and acquired 22 additional mining claims to support infrastructure development. The project aims to produce high-quality 67% grade iron concentrate, positioning it to support the global 'Green Steel' transition.

Entities Involved
stock
Globex Mining Enterprises
Globex Mining Enterprises is pleased with the progress on its Mont Sorcier iron project, which is expected to deliver a feasibility study in Q2 2026. This project is a significant asset for Globex Mining Enterprises due to its 1% Gross Metal Royalty.
Importance 90.0 Sentiment 50.0
stock
Cerrado Gold
Cerrado Gold released an update on the Mont Sorcier iron project, operated by its subsidiary Voyager Metals Inc., indicating significant progress towards the feasibility study.
Importance 80.0 Sentiment 40.0
priv
Voyager Metals Inc.
Voyager Metals Inc., a wholly owned subsidiary of Cerrado Gold, is operating the Mont Sorcier project and has completed substantial infill drilling and acquired additional mining claims to support the project's advancement.
Importance 70.0 Sentiment 40.0
loc
Canada — Quebec
The Mont Sorcier iron project is located in Canada — Quebec, Canada.
Importance 10.0 Sentiment 0.0
per
Jack Stoch
Jack Stoch, Executive Chairman and CEO of Globex Mining Enterprises, wrote the press release.
Importance 5.0 Sentiment 0.0
Relationships
Globex Mining Enterprises related ↔ Jack Stoch
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