Northwire Canada EditionMonday, August 24, 2026
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GOLD 4697.80 +0.4% SILVER 68.59 −1.4% COPPER 6.61 +0.3% OIL 85.01 −2.4% PALLADIUM 1359.75 +0.7% SRA 0.780 +0.0% TUK 0.020 −20.0% GWM 0.610 −4.7% MINE 0.110 +0.0% EGM 0.100 +0.0% IRO 1.11 +2.8% CBR 1.41 +2.5% CTN 0.045 +0.0% GMX 2.06 +2.0% NPR 0.700 −2.8% CGD 1.28 +8.5% CRE 0.390 +13.0% PE 0.250 +0.0% PER 0.150 +7.1% SVRS 0.540 +8.0% EML 0.225 −4.3% GOLD 4697.80 +0.4% SILVER 68.59 −1.4% COPPER 6.61 +0.3% OIL 85.01 −2.4% PALLADIUM 1359.75 +0.7% SRA 0.780 +0.0% TUK 0.020 −20.0% GWM 0.610 −4.7% MINE 0.110 +0.0% EGM 0.100 +0.0% IRO 1.11 +2.8% CBR 1.41 +2.5% CTN 0.045 +0.0% GMX 2.06 +2.0% NPR 0.700 −2.8% CGD 1.28 +8.5% CRE 0.390 +13.0% PE 0.250 +0.0% PER 0.150 +7.1% SVRS 0.540 +8.0% EML 0.225 −4.3%
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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