Globex Reports Final Drill Hole Results from Rouyn-Merger
Globex’s lithium royalty resource validates its strategy as internal drilling at the project yields mixed results with varying grades and widths.
The news release dated January 14, 2026, provides the final assay results from a six-hole, 1,095-meter diamond drill program at the 100%-owned Rouyn-Merger property in Quebec. While the first two holes (reported in December 2025) showed wide, impressive intercepts (e.g., 38.7m of 3.44 g/t Au), the final four holes present a more variable picture. Hole RM-25-05 returned a high-grade but narrower interval of 13.06 g/t Au over 4.7m. Hole RM-25-03 showed 9.0m of 2.74 g/t Au. Crucially, holes RM-25-04 and RM-25-06 returned no significant values, indicating potential discontinuities or structural complexities in the East O’Neil zone.
The impact of this specific news release is incremental rather than transformative. - Exploration Volatility: The "duster" holes (04 and 06) temper the excitement from the initial wide intercepts reported in December. It suggests the high-grade mineralization may be "nuggety" or structurally constrained, requiring more dense drilling to define a resource. - Secondary to Royalty News: This news follows a massive material update on January 12, 2026, regarding a maiden 52.2 Mt lithium resource by Brunswick Exploration on Globex royalty claims. Compared to that multi-decade royalty asset, a 6-hole internal drill program is a minor operational footnote. - Strategic Continuity: The news confirms Globex is active on its own accounts, but the variability in results reinforces the risk-averse "Property Bank" model—letting others spend the exploration capital on the majority of their 200+ claims.
Globex is a diversified "Mineral Property Bank" with over 230 assets. They acquire properties, perform basic value-add work, and then option or sell them while retaining Gross Metal Royalties (GMR) or Net Smelter Return (NSR) royalties. - Flagship Internal Project: Rouyn-Merger (Gold) and Lyndhurst (Copper/Zinc). - Flagship Royalty Assets: 3% GMR on the Lac Escale (Mirage) Lithium project; 1% GMR on the Mont Sorcier Iron/Vanadium project; various gold royalties in the Abitibi.