Globex: Brief Updates
Globex’s high-grade partner drill results confirm asset quality as its royalty portfolio begins to scale.
The most recent news release dated January 29, 2026, provides exploration updates from two properties currently under option to third parties. At the Devils Pike property (New Brunswick), Albright Metals Limited reported high-grade gold intercepts from the first four of fifteen holes, notably 33.74 g/t Au over 6.27 metres. The program is intended to confirm historical results and infill the Vail Road Gold Deposit. Simultaneously, Antimony Resources Corp. reported drilling results from the Bald Hill property (New Brunswick), intersecting 6.79% Antimony (Sb) over 2.3 metres and 2.38% Sb over 9.6 metres. These results follow a 2025 program that completed 31 holes totaling 8,000 metres.
The impact of this specific release is Routine - Positive. While the gold grades (33.74 g/t) are spectacular, they are within the context of an option agreement where a partner is doing the spending to confirm a known historical deposit. For Globex, these results increase the probability of the option being exercised and the eventual conversion of the asset into a producing royalty.
This news must be viewed alongside the January 12, 2026, announcement of a maiden 52.2 Mt lithium resource at the Lac Escale royalty claims and the January 22 update confirming a $40 million cash and share position. The cumulative impact of January's news flow indicates that Globex's project generator model is hitting its "inflection point," where multiple properties are advancing toward resource definition and development simultaneously without Globex incurring the associated exploration costs.
Globex is a project generator/royalty company with a massive portfolio of over 260 assets. Rather than flagship projects, it relies on a "hub and spoke" model. - Flagship Royalty: Lac Escale (Mirage Project), where Brunswick Exploration recently defined a 52.2 Mt Lithium resource. Globex holds a 3% Gross Metal Royalty (GMR). - Flagship Optioned Asset: Duquesne West Gold, where Emperor Metals has outlined 1.46 million ounces of gold. - Flagship Owned Asset: Rouyn-Merger Gold, currently undergoing 100% owned exploration.