Northwire Canada EditionMonday, November 9, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results

Drilling Resumes on Globex's Berrigan Zinc, Gold, Silver Royalty Property NW of Chibougamau, Quebec

Globex holds a diversified mineral property bank comprising over 260 assets and 100 royalties.

By The Northwire Desk — AI Analysis Apr 01, 2026 · 10:52 GMX · 2.5 Globex Mining Enterprises Inc.
Executive Summary

The most recent news (April 1, 2026) confirms that Globex’s subsidiary, TomaGold, has commenced a Phase 2 drill program (~1,500m) at the Berrigan Zinc-Gold-Silver property. This follows a highly successful Phase 1 program which identified a new "Berrigan Deep Zone." Notable Phase 1 results included 5.08% ZnEq over 98.5m and high-grade sub-intervals of 23.20% ZnEq over 4.9m. Phase 2 aims to extend five specific holes to delineate the depth and continuity of this new discovery. Globex holds a 2% Gross Metal Royalty (GMR) on the property.

Material Impact

The impact is Routine - Positive. While the drill results from Phase 1 were technically impressive and the discovery of a "Deep Zone" is a value-add, this news is a follow-up to previously disclosed results (Dec 2025/Jan 2026). - Financial Impact: There is no immediate cash flow from this news, but it increases the long-term value of Globex’s 2% GMR. - Operational Impact: The drilling is funded by the partner (TomaGold), allowing Globex to benefit from exploration upside without capital outlay or share dilution. - Strategic Impact: It validates Globex’s "Property Bank" model—acquiring assets and letting partners fund the expensive "de-risking" phase of drilling.

GMX · Price
Company Overview

Globex is a "Project Generator" and "Royalty Collector." It owns a massive portfolio of 260+ mineral cells and 100+ royalties. - Flagship Potential: While diversified, the Duquesne West Gold Project (50% interest, 1.46 Moz Au Inferred) and the Mont Sorcier Iron Project (1% GMR) are currently the most advanced value drivers. - Model: Acquire distressed or overlooked assets, perform basic exploration, and option them to juniors for cash, shares, and a retained GMR.

Read the original news release →

More from Globex Mining Enterprises Inc.

Nov 04, 2026 · 09:43

Globex’s Duquesne starter pit grades strengthened, but its royalty interest caps the financial impact on the company’s results.

Drill Results Nov 02, 2026 · 09:00

Synchrotron data confirms Gem Hills rare earth element discovery as pre-revenue exploration continues at the project.

Drill Results Oct 06, 2026 · 10:37

Globex continues steady royalty accumulation and exploration progress, though the project currently lacks near-term production catalysts.

Drill Results Sep 30, 2026 · 09:00

Globex reports Berrigan drill holes intersecting half the anchor grade, while the company maintains its 2% royalty agreement unchanged.

Drill Results Sep 29, 2026 · 17:00

Globex’s JORC resource conversion reduced ounces compared to historical figures, with a scoping study planned as the next project step.

Resource Estimate Sep 29, 2026 · 09:00

Emperor Reports Additional Gold Intersections

Drill Results