Northwire Canada EditionSunday, November 1, 2026
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Drill Results Routine +

More Antimony Intersections on the Bald Hill Main Zone

Globex advances its royalty portfolio through critical exploration phases, leveraging a strong cash position to fund optionee drilling without dilution.

By The Northwire Desk — AI Analysis Jun 16, 2026 · 14:25 GMX · 1.96 Globex Mining Enterprises Inc.
Executive Summary
  • Date: June 16, 2026
  • Event Type: Drilling Results / Exploration Update
  • Antimony Resources Corp. (optionee) reports initial assay results from the 2026 drill program at the Bald Hill Antimony property in New Brunswick.
  • Three drill holes intersected multiple antimony zones, with Hole 26-15 returning 13.2m at 2.85% Sb and Holes 26-3 and 26-4 effectively extending the Main Zone in a southerly direction.
  • Significant high-grade intercepts confirmed, including 10.3m at 5.45% Sb (including 3.0m at 13.3% Sb) in Hole 26-04 and 2.3m at 8.15% Sb in Hole 26-15.
  • The results continue the pattern of high-grade stibnite intersections, reinforcing the continuity and thickness of the Main Zone mineralization.
Material Impact
  • This is a routine exploration update that confirms ongoing drilling success at the Bald Hill property.
  • It does not constitute a resource estimate, feasibility study, or production update.
  • The news validates the exploration program's direction but does not materially change the company's valuation or near-term catalysts.
  • Market reaction is likely to be muted, consistent with prior drill result announcements.
GMX · Price
Company Overview
  • Globex Mining Enterprises Inc. is a royalty and exploration company focused on critical minerals and precious metals.
  • Business model centers on option agreements with junior explorers, retaining gross metal royalties (1% to 3.5%) and milestone payments.
  • Key assets include Bald Hill (Antimony), Duquesne West (Gold), Mont Sorcier (Iron), Eagle Gold, Carp (Fluorspar), Virgin Mountain (REE/Be), Berrigan (Zn-Ag-Au), Kewagama (Gold), Rouyn-Merger (Gold), and Red Star (Au-Ag).
  • The company acts as a leveraged play on exploration success without bearing direct development costs.
Read the original news release →

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