Northwire Canada EditionThursday, October 15, 2026
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GOLD 4170.50 +1.5% SILVER 56.77 +1.6% COPPER 6.54 −1.8% OIL 96.56 +1.6% PALLADIUM 1130.25 +3.1% NSU 0.170 +9.7% WM 0.085 +0.0% YGT 0.180 +5.9% EVI 0.520 +4.0% ADZ 0.125 +0.0% MINK 0.075 +0.0% DNO 0.300 +0.0% RRRL 0.150 +0.0% MTT 0.240 −2.0% BAU 0.180 −5.3% TECT 1.67 +0.3% TOM 0.140 +3.7% FVL 0.915 +1.7% HART 0.195 +0.0% VLD 0.415 +0.0% TGOL 0.145 −3.3% GOLD 4170.50 +1.5% SILVER 56.77 +1.6% COPPER 6.54 −1.8% OIL 96.56 +1.6% PALLADIUM 1130.25 +3.1% NSU 0.170 +9.7% WM 0.085 +0.0% YGT 0.180 +5.9% EVI 0.520 +4.0% ADZ 0.125 +0.0% MINK 0.075 +0.0% DNO 0.300 +0.0% RRRL 0.150 +0.0% MTT 0.240 −2.0% BAU 0.180 −5.3% TECT 1.67 +0.3% TOM 0.140 +3.7% FVL 0.915 +1.7% HART 0.195 +0.0% VLD 0.415 +0.0% TGOL 0.145 −3.3%
Drill Results Neutral

Gold Intersection on Globex's Bartec Royalty Property

Globex continues steady royalty accumulation and exploration progress, though the project currently lacks near-term production catalysts.

By The Northwire Desk — AI Analysis Oct 06, 2026 · 10:37 GMX · 2.105 Globex Mining Enterprises Inc.
Executive Summary

Globex Mining Enterprises Inc. reported drill results from LaFleur Minerals Inc. at the Bartec portion of the Swanson Property in Quebec, where Globex holds a 2% Gross Metal Royalty (GMR).

  • Hole SW-26-124 intersected 8.0 meters at 6.05 g/t Au, including a high-grade sub-interval of 3.0 meters at 14.96 g/t Au.

This marks the first modern-day drill hole in this specific gold occurrence. True width is not yet determined.

QA/QC protocols included certified reference materials, blanks, and field duplicates. Samples were analyzed by AGAT Laboratories.

Qualified Person: Jack Stoch, P.Geo., Executive Chairman and CEO.

Material Impact

The company operates as a royalty and option holder rather than an operator, meaning the intersection validates geological continuity but remains in the early stages. This activity does not materially change the company's net asset value or mine life, nor does it trigger immediate cash flow.

The market reaction was flat, with the share price moving from $2.10 to $2.11, indicating the news was fully telegraphed or viewed as standard exploration progress. The update adds to the geological model without altering near-term financials or operations.

GMX · Price
Company Overview

Globex Mining Enterprises Inc. is a royalty, streaming, and exploration company focused on critical minerals and precious metals. The company’s strategy involves acquiring high-quality royalty and option interests, funding exploration through partners, and advancing projects toward production or strategic sale.

Key royalty and option assets include:

  • Bartec (Swanson Property, QC): 2% GMR
  • Berrigan Mine (QC): 2% GMR (Zn-Ag-Au)
  • Duquesne West (QC): 50% interest via Duparquet Assets Ltd.
  • Mont Sorcier (QC): 1% GMR (Iron)
  • Bell Mountain (NV): 3% GMR (Au-Ag)
  • Carp Fluorspar (NV): 3% GMR option
  • Nordeau/Cadillac (QC): 3% GMR
  • Eagle Gold Mine (QC): 2.5% GMR
  • Kewagama/New Alger (QC): 1% GMR / 2% NSR
Read the original news release →

More from Globex Mining Enterprises Inc.

Sep 30, 2026 · 09:00

Globex reports Berrigan drill holes intersecting half the anchor grade, while the company maintains its 2% royalty agreement unchanged.

Drill Results Sep 29, 2026 · 17:00

Globex’s JORC resource conversion reduced ounces compared to historical figures, with a scoping study planned as the next project step.

Resource Estimate Sep 29, 2026 · 09:00

Emperor Reports Additional Gold Intersections

Drill Results Sep 09, 2026 · 09:00

Globex Reports Duquesne West High - Grade Shallow Gold Drill Intersections

Drill Results Aug 26, 2026 · 09:00

Globex maintains steady exploration at Wood/Central Cadillac and Rouyn-Merger with no new financials or guidance changes reported.

Drill Results Aug 24, 2026 · 14:26

Globex holds two royalties and Cadillac Wood as Agnico invests C$57m in Radisson’s O’Brien project.

Production / Operations