Renforth Advancing Work on Globex's Parbec Gold Royalty Property

Executive Summary

• Globex Mining Enterprises Inc. provided an update on the Parbec gold royalty property in Malartic, Quebec, highlighting ongoing stripping activities by Renforth Resources to prepare for a 2026 drill program.
• The NI 43‑101 Technical Report (dated May 22 2025) confirms a Measured & Indicated resource of 9.61 Mt @ 0.86 g/t Au (≈265,800 oz) and an Inferred resource of 2.55 Mt @ 1.18 g/t Au (≈97,000 oz).
• Stripping of a ~325 m × 120 m area is expected to generate new structural and geological data and expose the surface for bulk‑sample targeting, supporting both open‑pit and underground potential.

Key Details

• Royalty Position: Globex retains a 3% gross metal royalty on all production from the Parbec property.
• Resource Estimate (NI 43‑101):
• Measured & Indicated: 9.61 Mt grading 0.86 g/t Au → ~265,800 oz Au.
• Inferred: 2.55 Mt grading 1.18 g/t Au → ~97,000 oz Au.
• Location: Property straddles the Cadillac Break, ≈6 km NW of the Malartic open‑pit mine; close to town infrastructure and skilled labor.
• Current Work (Renforth Resources):
• Stripping area: approximately 325 m × 120 m to expose part of the Cadillac Break deposit.
• Outcrop cleaning & channel sampling slated for April 2026 (weather‑dependent).
• Expected outcomes: new structural/geological data to underpin the 2026 drill program and define a bulk‑sample target area.
• Project Potential: Both open‑pit and underground access are feasible; existing ramp provides underground entry to mineralized zones.
• Technical Oversight: Press release authored by Jack Stoch, P.Geo., Executive Chairman & CEO of Globex, acting as Qualified Person under NI 43‑101.

Notable Quotes

“Globex is pleased with the steady advancement of the project which in addition to open‑pit potential already has underground access via a ramp up to the mineralized zone.” – Jack Stoch, Executive Chairman & CEO, Globex Mining Enterprises Inc.