Globestar Mining (TSE:GMI)

Globestar Mining Corp. Trend Analysis.
Chart is courtesy of marketclub.

GlobeStar is a copper and gold producer with operations in the Dominican Republic. GlobeStar’s Cerro de Maimón operation is the first copper-gold mine in the Dominican Republic and the Caribbean Islands. Construction was completed and commissioning took place in October 2008 and the low-cost Cerro de Maimón mine and processing facilities (both sulphide and oxide plants) are forecast to produce approximately 25 million pounds of copper, 12,000 ounces of gold and 553,000 ounces of silver during 2009.

GlobeStar is engaged in the exploration and development of copper, gold and nickel deposits in the Dominican Republic and in the acquisition of copper and gold properties in major Latin American mining districts.

The company also has a portfolio of industrial minerals properties which includes several limestone deposits in the Dominican Republic and a lithium pegmatite project in Quebec, Canada.

GlobeStar is committed to the highest ideals of leadership in the areas of sustainable development, environmental responsibility, safety and health.

GlobeStar began trading on the TSX in January 2007 (symbol GMI). The company has its head office in Toronto, Ontario and operates in the Dominican Republic through its wholly-owned subsidiary, Corporación Minera Dominicana, with an office in the capital city of Santo Domingo.



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