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Post# of 12962
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Lexit

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Followers 15
Posts 1851
Boards Moderated 2
Alias Born 03/13/2007

Lexit

Re: None

Monday, 03/26/2007 11:32:35 PM

Monday, March 26, 2007 11:32:35 PM

Post# of 12962
Canadian Government requirements for URANIUM MINING.

It has been admitted by the IHUB locusts that GLXI's incorporation in the US (New York, Nevada, who cares).

It appears on IHUB that HRRN and QTTM are also incorporated in the US (Nevada).

GLXI, QTTM and HRRN have all been promoting URANIUM (HRRN promoted Gold, but also declared having uranium claims).

Uranium is a strategic metal and has been since the Cold War. It
shouldn't be a surprise to anyone that the Canadian government would monitor and control a strategic metal like Uranium so it would not fall into the hands of terrorists or nations with nuclear weapons ambitions like Iran.

"In Canada, uranium is highly regulated as compared with other minerals.Regulation of uranium exploration and mining occurs at both the federal and provincial levels. This division of powers will be explained further,as will the relationship between industry and these two levels ofgovernment with respect to regulation and reporting requirements, and surface and mineral leases"

http://tinyurl.com/3x4v3r

http://www2.nrcan.gc.ca/es/erb/erb/english/View.asp?x=493&oid=1196

http://infosource.gc.ca/inst/csn/fed05_e.asp

In Canada, the law REQUIRES uranium producing properties MUST BE OWNED BY A COMPANY INCORPORATED IN CANADA

"(b) Mine Ownership Restriction

The NSCA and regulations require that uranium producing properties or plants be owned legally and beneficially by a company incorporated in Canada.

The most recent expression of Canadian government policy on non-resident ownership of uranium mining properties is contained in a letter dated December 23, 1987 from the Minister of State (Forestry and Mines) to the Canadian uranium industry.21 The basic limit for non-resident ownership of uranium properties at the stage of first production is 49%.

Resident ownership levels of less than 51% will be permitted if the property is fact Canadian-controlled. Exceptions to the policy may be granted subject to Cabinet approval and will be provided only in cases where it is demonstrated that Canadian partners cannot be found."

SOURCE: URANIUM LEASE INSTRUMENTS VS. TYPICAL MINERAL LEASES: COMPARATIVE OVERVIEW OF SIMILARITIES AND KEY DIFFERENCES URANIUM LEASES, LICENCES AND PERMITTING IN CANADA, Paper and Presentation for the Rocky Mountain Mineral Law Foundation Special Institute on Uranium Exploration and
Development, April 27-28, 2006 Denver, Colorado

http://tinyurl.com/3x4v3r

Fasken, Martineau is one of the leading law firms in Canada.

This is the main author of the above report:

http://www.fasken.com/web/fmdempprof.nsf/.vwENGBIOS/C36B4BAB52075BF785256D91006CB9D8?OpenDocument

The Globex claims are registered not registered in the name of U Mining Resources Inc, and the Corporation is not incorporated in Canada:

"Globex, Inc. Announces Progress in Acquisition of 222 Uranium Mining Claims in Northern Quebec

Monday January 29, 8:30 am ET

Appoints Mr. Jean Claude Detinger as Lead Project Manager
NEW YORK, Jan. 29 /CNW/ - Globex, Inc. (GLXI: Pink Sheets), today announced that the contract process has begun in regards to the acquisition of 222 Uranium Mining Claims announced last week and located in the 24L01 area adjacent to the existing "Uranor Inc" exploitation premises, in Northern Quebec, Canada.

Globex also announced that it has appointed Mr. Jean Claude Detinger as Lead Project Manager of the operations team, and has nominated him to the Company's Board of Directors. Mr. Detinger is a well known and renowned prospector with a track record of over 30 years of experience in the mining industry in North America and Europe. Mr. Detinger stated: "This is
a great opportunity for me and based on my evaluation of the acquired territory and available past reports, I believe our team of expert uranium geologists will soon be able to confirm the promising results that we originally envisioned." Globex is proud to welcome Mr. Detinger to our team."

GLXI claims are not in the name of Globex or Umining resources Inc., they are in the name of the prospector in the 222 claims in Northern Quebec located at 24L01 on the map grid :

Numéro : 20514
Nom : DENTINGER
Prénom : JEAN-CLAUDE
Catégorie : Personne physique
Statut : Actif
Adresse : 3293, AVENUE ALPHONSE DUPUIS
Ville : Beauport
Code Postal : G1C 3S7
Province / État : Québec
Pays : Canada

The other 33 claims:

Globex, Inc. Announces Strategic Acquisition of 33 Additional Uranium Mining Claims adjacent to Grenville Property
Tuesday March 20, 8:00 am ET

NEW YORK, March 20 /PRNewswire-FirstCall/ - Globex, Inc. (GLXI: Pink Sheets), today announced that its first project team working in the Mount-Laurier area has finalized the acquisition of an additional 33 Uranium Cell claims in Northern Quebec, Canada. These claims are situated in the area surrounding the Company's Grenville Property, specifically in sector 31 J14. This is a key strategic acquisition for Globex as it now
owns a significant number of adjoining claims in this uranium-rich sector."

These claims are located near Mont Laurier at map grid 31 J14 and far murkier in ownership, there are NO registrations for Detinger or Umining,there are registrations after 01 Jan 07 for these individuals and a Company.

Rene Lelievre,

Numéro : 19626
Nom : LELIEVRE
Prénom : RENE
Catégorie : Personne physique
Statut : Actif
Adresse : 118, DU REPOS
Ville : Grande-Rivière
Code Postal : G0C 1V0
Province / État : Québec
Pays : Canada


Denis Maillet

Numéro : 1597
Nom : MAILLET
Prénom : DENIS
Catégorie : Personne physique
Statut : Actif
Adresse : 440, BEAUCHEMIN
Ville : Sullivan
Code Postal : J0Y2N0
Province / État : Québec
Pays : Canada

A Vancouver company listed on the TSX called CONSOLIDATED PACIFIC BAY
MINERALS LTD

Numéro : 21214
Raison sociale : CONSOLIDATED PACIFIC BAY MINERALS LTD
Catégorie : Personne morale
Statut : Actif
Adresse : 1600-409 GRANVILLE ST.
Ville : Vancouver
Code Postal : V6C 1T2
Province / État : Colombie-Britannique
Pays : Canada


SOURCE: GESTIM (Quebec mining registration data base)

https://gestim.mines.gouv.qc.ca/MRN_GestimP_Presentation/ODM02201_menu_base.aspx


The law requires companies that are reporting issuers in a provincial jurisdiction or which are listed on the TSX or the TSX-V, to file a disclosure document (National Instrument 43-101). This is a National requirement which establishes standards for all oral statements and written disclosure of scientific and technical information regarding
mineral projects, including disclosure in news releases, prospectuses and annual reports, and requires that the disclosure be based on a Technical Report or other information prepared by or under the supervision of a qualified person.

Very little of this information appears on any of the GLXI, QTTM, HRRN websites.

The law requires environmental impact studies to be conducted.

No such study or proposal appears on any of the GLXI, QTTM, HRRN websites.

In contrast to the United States where locating and recording give the right to extract and sell minerals, Canadian legislation generally gives the holder of a located and RECORDED CLAIM ONLY THE RIGHT TO EXPLORE FOR AND DEVELOP the mineral potential.


ADDITIONAL INFORMATION

"Land tenure and the distribution of mineral rights in Canada differ from those in other countries due to the retention of freehold land and mineral interests by the Crown, and an overlap in jurisdiction between the federal and provincial levels of government. The result is a system of tenure
whereby mining leases tend to be between the prospector or developer, and the Crown.

Uranium differs from other commodities, as its production raises unique security and environmental concerns, and, as a result, the Federal Government plays a larger role in the regulation of uranium production,storage, transport, export and environmental remediation. The Federal Government is also responsible for relations with Canada's Aboriginal
peoples, which affect mining claims in areas where there are existing or potential Aboriginal interests.

The Canadian Nuclear Safety Commission is the federal body that oversees licensing and permitting for uranium production in Canada. The Commission operates under the authority of the Nuclear Safety and Control Act and related regulations, which set out the regulatory framework for the uranium industry. Licensing and permitting processes are stringent, and
residency requirements are imposed on holders of uranium mining properties in Canada.

Under the Canadian Constitution, Provincial Governments hold the
underlying title to natural resources within their territory, and are responsible for regulating land tenure and mineral production. The most significant province with respect to uranium leases is Saskatchewan, in which Canada's only operating uranium mines are located. However, high
uranium prices and renewed exploration efforts have recently generated significant interest in uranium deposits in the Northwest Territories and Nunavut.

The life cycle of a uranium mine involves varying levels of land tenure. At the exploration stage, mining claims provide surface access, the right to conduct subsurface exploration, and the right to obtain higher forms of tenure upon a mineral discovery, but not the right to construct a producing mine. Production requires a mineral lease from the Crown.

Mining claims and leases are conditional on meeting minimum amounts of exploration expenditure. At the financing stage, there are also reporting requirements imposed that are specific to mining companies."


SOURCE: URANIUM LEASE INSTRUMENTS VS. TYPICAL MINERAL LEASES: COMPARATIVE OVERVIEW OF SIMILARITIES AND KEY DIFFERENCES
URANIUM LEASES, LICENCES AND PERMITTING IN CANADA, Paper and Presentation for the Rocky Mountain Mineral Law Foundation Special Institute on Uranium Exploration and Development, April 27-28, 2006 Denver, Colorado

http://tinyurl.com/3x4v3r


CONCLUSION

GLXI, QTTM, HRRN all state they are owners of URANIUM mining claims, however NONE of these companies are INCORPORATED IN CANADA.

Therefore, GLXI, QTTM, HRRN cannot properly suggest they can legitimately exploit the mining claims they say they control.

They can't sell what they don't own.

GLXI, QTTM, HRRN are not properly set up to fulfil the legislative requirements set forward by the Government of Canada.





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