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Globex Mining Enterprises Inc
Symbol GMX
Shares Issued 56,090,836
Close 2025-02-26 C$ 1.48
Market Cap C$ 83,014,437
Recent Sedar Documents

Globex notes drilling of 15 m of 8.36 g/t Au at O'Brien

2025-02-26 18:10 ET - News Release

Mr. Jack Stoch reports

HIGH GRADE GOLD ASSAYS REPORTED AT GLOBEX'S KEWAGAMA ROYALTY CLAIMS AND DUQUESNE WEST OPTIONED CLAIMS

Radisson Mining Resources Inc. has released additional drill results on the O'Brien gold project, including gold assays on the Kewagama gold mine portion of the project, on which Globex Mining Enterprises Inc. retains a 2-per-cent net smelter royalty. Several gold intersections are reported on Globex's royalty claims, including hole OB-24-358, which intersected 8.36 grams per tonne gold over 15.0 metres within a broad mineralized interval with multiple veins, including 56.0 g/t Au over 1.0 m and 41.1 g/t Au over 1.0 m.

Shareholders may read the Radisson press release of today's date by going to Radisson's website.

In other news, Emperor Metals Inc. has reported metallic sieve analysis from several drill holes on the Duquesne West gold property under option from 50 per cent Globex owned Duparquet Assets Ltd. Of particular interest were assays from hole DQ24-12, which previously recorded 57.8 g/t Au over 2.5 m by standard fire assay. Reassaying using the metallic screened fire assay method, which is particularly useful when assaying samples with coarse gold, is reported to have returned 301.1 g/t Au over 2.5 m. Assays on historical core also returned significant gold values as reported in today's Emperor press release. Shareholders may read the Emperor's press release by going to the Emperor website.

This press release was written by Jack Stoch, PGeo, president and chief executive officer of Globex in his capacity as a qualified person under National Instrument 43-101.

We seek Safe Harbor.

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