Globex Mining Enterprises Inc. (GMX) is highlighting strong exploration results from three key partners: Antimony Resources Corp., Emperor Metals Inc., and Renforth Resources Inc. The announcements reflect significant progress across the Bald Mountain antimony and gold property in New Brunswick, the Duquesne West gold property in Quebec, and the Parbec gold project in Quebec. Globex maintains an option agreement on the Bald Mountain property and the Duquesne West property, and a 3% Gross Metal Royalty on the Parbec project, positioning the company to benefit from the ongoing discoveries.
Antimony Resources: High-grade antimony and gold at Bald Hill
Antimony Resources announced impressive results from the Bald Hill property in New Brunswick. Among the standout findings is 11.41% antimony over 1.55 metres in drill hole BH 26-14, located within the Main Zone. This high-grade interval also includes an average of 0.41 g/t gold, with some sub-intervals exceeding 1 g/t Au. The drilling is focused on multiple zones, including the Central Zone, where six holes revealed breccia with stibnite, a mineral associated with antimony. Mineralization has been detected at depths of 100 to 150 metres below surface, showcasing the potential for deeper discoveries.
The Central Zone drilling results highlight the scale of the mineralization. Hole BHC-26-03 intersected three separate zones of breccia-hosted stibnite over a 35-metre core length, demonstrating the complexity and extent of the deposit. True widths of the intersections are estimated to be about 75% of the reported lengths. The drill holes and trenches are situated near the southern part of the Main Zone, reinforcing the connectivity and continuity of the mineral system.
Emperor Metals: Steady progress at Duquesne West
Emperor Metals released assays from 31 of the 66 holes drilled at the Duquesne West gold project in Quebec. Among the standout results, hole DQ26-43 returned 21.3 metres grading 3.0 g/t gold. Additional notable intersections included 27.9 metres at 0.5 g/t gold and 14.8 metres at 0.9 g/t gold. The drilling program has included 20,000 metres of new drilling and 8,000 metres of resampled historical core, contributing to an ongoing effort to understand the full potential of the property.
With more than 135,000 metres of drilling completed at Duquesne West, Emperor is moving closer to a Preliminary Economic Assessment. Globex holds an option on 50% of the property, and the latest results indicate progress toward the company's exploration goals. The property continues to show promise in multiple zones, with assay data being released incrementally to reflect the ongoing evaluation process.
Renforth Resources: Silver and gold hits at Parbec
Renforth Resources shared surface channel sampling results from the Parbec gold project, located in Quebec. The most notable result is channel 58, which returned 8.02 g/t gold over 2.55 metres, including a sub-sample with 28.77 g/t gold over 0.6 metres. The company is currently undertaking a drill program to undercut these channels, given the high-grade results and the project’s strategic location. The Parbec property is adjacent to Agnico Eagle’s East Amphi gold mine and is on strike with the large Malartic open pit, a well-known gold operation in the region.
In channel 51, Renforth Resources recorded 2.97 g/t gold over 10.2 metres, with silver values as high as 4.42 g/t over 1.75 metres. The presence of both gold and silver underscores the project’s multi-metal potential. Globex holds a 3% Gross Metal Royalty on the project, and the recent discoveries have prompted renewed drilling efforts to further delineate the mineralized zones.
The drilling and sampling results across these three projects are being compiled by David Christie, P.Geo., President and COO of Globex, who has prepared the data as a Qualified Person under Ni 43-101. The results reflect the ongoing success of Globex’s exploration strategy through its partnerships. The company continues to monitor the progress of each project and anticipates further updates as drilling and sampling activities proceed.
The information presented in this release includes forward-looking statements under applicable Canadian securities laws. These statements involve known and unknown risks and uncertainties, and actual outcomes may differ materially from the expectations outlined.
