Northwire Canada EditionSaturday, July 18, 2026
Northwire
AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0% AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0%
Drill Results

Large Width of Semi Massive Zinc, Silver and Gold Bearing Sulphides Intersected on Globex Royalty Property

Globex’s Prospect Generator model scales as partner-funded discoveries and maiden resources bolster its multi-asset royalty portfolio.

Executive Summary

The most recent news release dated January 30, 2026, reports high-grade and wide-width drilling results from the Berrigan Property in Quebec. The drilling was conducted by TomaGold Corporation, where Globex holds a 2% Gross Metal Royalty (GMR). The standout result is from hole TOM-25-015, which intersected 98.5 metres grading 0.82 g/t Au, 3.21 g/t Ag, and 1.97% Zn, marking the discovery of the "Berrigan Deep" zone. This follows a January 29 update regarding drilling progress on the Devils Pike (Gold) and Bald Hill (Antimony) properties by other partners, Albright Metals and Antimony Resources Corp.

Material Impact

The news is Material - Positive for several reasons: - Resource Expansion Potential: The 98.5m intercept at Berrigan is exceptionally wide, suggesting a large-scale mineralized system. As Globex holds a Gross Metal Royalty, any increase in tonnage directly enhances the net present value of the asset without requiring Globex to contribute capital for exploration or development. - Cumulative Portfolio Momentum: This news arrives just weeks after Brunswick Exploration announced a massive maiden lithium resource (52.2 Mt) on Globex’s 3% GMR Mirage claims (January 12, 2026). The coincidence of major discoveries across different commodities (Lithium, Gold, Zinc, Antimony) validates the "Prospect Generator" model. - Financial De-risking: The January 22, 2026, update confirms a cash and share position of approximately $40,000,000 CAD. This massive liquidity cushion, combined with partner-funded exploration, makes Globex one of the most risk-averse plays in the junior mining sector.

GMX · Price
Company Overview

Globex is a "Prospect Generator" with over 260 mineral assets and 100+ royalties. Its business model involves acquiring properties, performing initial work, and then optioning them to partners who fund the expensive drilling and development phases in exchange for cash, shares, and a retained royalty for Globex. - Flagship Potential Assets: Mirage (Lithium - partner Brunswick), Berrigan (Gold/Zinc - partner TomaGold), and Duquesne West (Gold - partner Emperor). - Owned Flagship: Rouyn-Merger Gold property and Ironwood (Indicated resource of 108k oz Au at 14.38 g/t).

Read the original news release →

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