Northwire Canada EditionMonday, July 13, 2026
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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Resource Estimate Routine +

Resource Outlined on Globex's Eagle Gold Mine Property

Globex outlines a resource at its Eagle Gold Mine property containing 1.2 million ounces of gold within a 450-metre wide zone.

By The Northwire Desk — AI Analysis Apr 30, 2026 · 11:36 GMX · 2.2 Globex Mining Enterprises Inc.
Executive Summary

The most recent news release dated April 30, 2026, outlines updated gold resource estimates for Globex's Eagle Gold Mine property in Joutel, Quebec. The property is currently under option to Maple Gold Mines Ltd., with Globex retaining a 2.5% Gross Metal Royalty (GMR). The updated Mineral Resource Estimate includes both Indicated and Inferred resources totaling approximately 459,000 ounces of gold. This follows a series of positive updates throughout early 2026, including the Lac Escale Lithium resource estimate in January (52.2 Mt @ 1.08% Li2O), Mont Sorcier Feasibility Study progress in April, and high-grade Antimony drilling results at Bald Hill. The Eagle Gold update confirms the asset's value for royalty purposes but does not represent a new discovery or financing event.

Material Impact

The April 30 resource outline is categorized as Routine - Positive. While it validates the underlying asset of an optioned property, it lacks the transformative nature of earlier catalysts such as the Lac Escale Lithium maiden resource (January) or the Mont Sorcier Feasibility Study timeline confirmation (April 8). The market has likely priced in the ongoing exploration value of the Eagle Gold Mine given previous drilling and royalty discussions. The news confirms continuity but does not materially alter the company's valuation trajectory compared to the significant milestones achieved earlier in the year. It serves as a maintenance update rather than a re-rating event.

GMX · Price
Company Overview

Globex Mining Enterprises Inc. operates as an exploration and royalty company, focusing on acquiring interests in high-potential mineral projects across Canada and the US. The portfolio includes: * Mont Sorcier: High-purity iron/vanadium project (1% GMR) with a bankable feasibility study underway. * Lac Escale: Lithium property (3% GMR) with a maiden resource of 52.2 Mt @ 1.08% Li2O. * Bald Hill: Antimony project under option to Antimony Resources Corp. * Eagle Gold Mine: Gold royalty asset (2.5% GMR) under option to Maple Gold Mines Ltd. * Virgin Mountain: Rare Earth and Beryllium property in Arizona.

Read the original news release →

More from Globex Mining Enterprises Inc.

Jul 03, 2026 · 10:58

Globex reported Bald Hill antimony zone gold assays averaging 1.14 g/t over 2.56m, reaching 1.88 g/t over 4.95m.

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Globex extended the deep zone at Berrigan, revealing a wide low-grade envelope that represents an evolutionary step rather than a valuation catalyst.

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Progress Toward Production at Globex's Bell Mountain Nevada Royalty Property

Production / Operations Jun 16, 2026 · 14:25

Globex advances its royalty portfolio through critical exploration phases, leveraging a strong cash position to fund optionee drilling without dilution.

Drill Results Jun 16, 2026 · 09:25

Globex Mining Enterprises Inc. Reports High-Grade Gold Intersections at Duquesne West

Drill Results Jun 08, 2026 · 11:16

Exploration momentum fades as market demands resource definitions over trenching updates.

Drill Results