Globex Mining Enterprises Inc. Reports High-Grade Gold Intersections at Duquesne West

Executive Summary

• Globex Mining Enterprises reports high-grade gold intersections from Emperor Metals Inc. on the Duquesne West property in Quebec.
• Hole DQ 26-20 intersected 61.5 g/t Au over 15.0 metres, featuring a high-grade core of 557.5 g/t Au over 1.4 metres and a broader 35.8-metre zone grading 26.09 g/t Au.
• The 2026 drill program is planned at over 15,000 metres, combined with 8,000 metres of historical core sampling to expand the conceptual pit area.

Key Details

• Property & Ownership: Duquesne West gold property in the Abitibi region of Quebec, under option from Duparquet Assets Ltd. (50% owned by Globex Mining Enterprises).
• Primary Intersection (Hole DQ 26-20): Intersected 61.5 g/t Au over 15.0 metres (402.7 m to 417.7 m) within the conceptual Main Pit.
• High-Grade Intervals: Includes 557.5 g/t Au over 1.4 metres (404.2–405.7 m) and 100.9 g/t Au over 1.0 metre (405.7–406.7 m).
• Wider Anomalous Zone: Surrounded by a 35.8-metre halo grading 26.09 g/t Au.
• Additional Hole (DQ 26-36): Located east of the conceptual pit, returned 7.9 g/t Au over 1.5 metres and 0.5 g/t Au over 28.0 metres.
• Historical Context: The new high-grade zone is located 35 metres down plunge from historical hole DQ95-21 (1995), which intersected 20.9 g/t Au over 16.0 metres.
• Geological Note: True widths are estimated between 70% to 90% of the reported core lengths.
• Drill Program Scope: Emperor’s 2026 program targets over 15,000 metres of drilling, supplemented by 8,000 metres of historical core sampling.
• Qualified Person: Jack Stoch, P.Geo., Executive Chairman and CEO of Globex, prepared the disclosure under Ni 43-101.