Globex Mining talks Bald Hill drilling results
Globex’s antimony results and clean balance sheet validate the project generator model, de-risking its strategy.
The most recent news release dated January 9, 2026, reports final 2025 drilling results from the Bald Hill Antimony property in New Brunswick, currently under option to Antimony Resources Corp. The 34-hole program totaling 8,150 meters intersected high-grade antimony-bearing stibnite in 75% to 80% of the holes. Key intercepts include 27.05m grading 2.07% Sb and 10.65m grading 3.75% Sb. Executive Chairman Jack Stoch noted that the overall average grade of mineralization appears to be in the 4% to 5% Sb range. This news follows a year of consistent exploration progress across Globex’s vast portfolio, including resource updates at Duquesne West (gold) and Ironwood (gold), and significant lithium intercepts at the Lac Escale royalty claims.
- Asset Validation: The Bald Hill results are material as they confirm the presence of a substantial mineralized body of a "critical mineral" (Antimony) currently facing global supply constraints.
- Financial De-risking: Because the property is under option, Globex is not funding the exploration; however, it stands to receive $2.0 million in cash, 1.1 million shares of the partner, and retains a 3.5% Gross Metal Royalty (GMR).
- Portfolio Synergy: These results, combined with the 1.46M oz gold resource at Duquesne West (July 2025) and the 108k oz indicated gold resource at Ironwood (June 2025), demonstrate that Globex’s "Property Bank" model is successfully moving assets toward development through third-party funding.
- Management Strength: The August 2025 appointment of David Christie as President/COO adds significant institutional credibility. Christie’s background as a top-ranked mining analyst and his success in leading companies through acquisitions (e.g., Orford Mining by Alamos Gold) suggests a strategic shift toward more aggressive transactional activity or eventual M&A for Globex itself.
Globex is a "Project Generator" or "Property Bank" with a portfolio of approximately 260 properties. Unlike traditional explorers that focus on one project, Globex acquires assets with historical resources, adds value through data compilation or limited drilling, and then options/sells them while retaining royalties. - Flagship (Internal): Ironwood Gold Deposit (Quebec). 234,800 tonnes @ 14.38 g/t Au (Indicated). - Flagship (Royalty): Mont Sorcier (Quebec), O’Brien/Kewagama (Quebec), and various lithium claims in James Bay.