Northwire Canada EditionMonday, November 2, 2026
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Gold 3,954.50 +1.4% Silver 50.62 +2.7% Copper 6.54 +0.9% Oil 96.16 −7.7% Palladium 960.50 −2.8% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0% CDA 0.890 +8.5% SGML 7.20 −24.2% REC 0.075 +36.4% MOLY 1.46 +7.3% NIM 0.600 +0.0% GMX 1.96 −2.0% LEGY 0.800 +0.0% LIB 0.680 +4.6% NOBL 0.075 +0.0% GER 0.005 + BOL 0.050 −9.1% Gold 3,954.50 +1.4% Silver 50.62 +2.7% Copper 6.54 +0.9% Oil 96.16 −7.7% Palladium 960.50 −2.8% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0% CDA 0.890 +8.5% SGML 7.20 −24.2% REC 0.075 +36.4% MOLY 1.46 +7.3% NIM 0.600 +0.0% GMX 1.96 −2.0% LEGY 0.800 +0.0% LIB 0.680 +4.6% NOBL 0.075 +0.0% GER 0.005 + BOL 0.050 −9.1%
Drill Results Routine +

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

GMX · Price

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.
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