Globex Reports Strong Exploration Results from Option and Royalty Partners

Globex Mining Enterprises Inc. summarized exploration updates from three option and royalty partners, drawing from press releases dated July 29–30, 2026. No new assays were presented directly for Globex in the release.

Antimony Resources provided results from its Bald Mountain project in New Brunswick. Hole BH 26-14 intersected 1.55 m at 11.41% Sb in the Main Zone, while a broader zone returned 11.3 m at 2.78% Sb with 0.41 g/t Au. In the Central Zone, six holes cut stibnite-bearing breccia over 35 m of core length, with assays pending.

Emperor Metals reported on its Duquesne West project in Quebec. Hole DQ26-43 returned 21.3 m grading 3.0 g/t Au at 45 m vertical depth. Thirty-one of 66 holes drilled this year have reported results as the program advances toward a preliminary economic assessment.

Renforth Resources shared surface channel sampling data from its Parbec project in Quebec. Samples included 10.2 m at 2.97 g/t Au (including silver) and 2.55 m at 8.02 g/t Au (including 28.77 g/t over 0.6 m). Drilling to undercut these channels has commenced.

Globex Mining Enterprises Inc. is a junior royalty and option generator with no revenue from production, meaning its value depends on the perceived worth of its property portfolio. The company’s recent news summarized progress at three properties, but the individual results were already known to the market from partner releases on July 29-30. Globex’s release added no new data, serving only to remind investors of its royalty exposure.

The market had already absorbed the Duquesne West and Bald Mountain intercepts earlier, and the stock barely moved, trading in the $1.83-1.86 area. The Parbec channels are too early to matter.

Globex Mining Enterprises Inc. (GMX) is a Canadian junior mining exploration and royalty company that operates a diversified portfolio of 100%-owned and optioned properties across precious and base metals. Its assets are largely located in Quebec, Ontario, New Brunswick, Arizona, and Nevada. The company’s business model involves acquiring early-stage properties and then optioning them to other companies in exchange for cash, shares, work commitments, and retained royalties.

Key assets in the portfolio include:

• Duquesne West gold (Quebec): 50% option to Emperor Metals, with an NI 43-101 inferred resource of 1.46 moz.
• Mont Sorcier iron (Quebec): 1% gross metal royalty, with a bankable feasibility study (BFS) in progress.
• Parbec gold (Quebec): 3% gross metal royalty (GMR), with a 265.8 koz measured and indicated (M&I) resource.
• Bald Mountain antimony (New Brunswick): Under option to Antimony Resources, featuring a high-grade antimony (Sb) system.
• Kewagama gold (Quebec): 2% net smelter return (NSR) on Radisson’s O’Brien project.
• Various other royalty interests, including Nordeau and Berrigan.

As of September 30, 2025 (Q3-2025), the company reported cash of approximately $8.9 million and total assets of approximately $38.9 million, with no debt. Additionally, Globex holds a financial portfolio of approximately $34.7 million in equities and bonds, which is used to support exploration activities.