Mr. Jack Stoch of Globex reports

DRILLING UPDATE ON GLOBEX'S BALD HILL ANTIMONY PROPERTY UNDER OPTION TO ANTIMONY RESOURCES CORP.

Globex Mining Enterprises Inc. has provided an update on drilling by Antimony Resources Corp. on the Bald Hill antimony property in New Brunswick under option from Globex. Under the option, Antimony Resources (formerly called Big Red Mining Corp.) must pay Globex $2-million in cash and 1.1 million shares, and undertake a minimum of $5-million in work over four years to gain a 100-per-cent interest in the property, subject to a 3.5-per-cent gross metal royalty, 1 per cent of which may be purchased for $1-million adjusted for inflation (see Globex press release dated Jan. 22, 2025, for details).

Antimony Resources has reported that the 2,500-metre 20-drill-hole program started on April 15, 2025, and that antimony mineralization with thicknesses of up-to-20-metre core length (approximate 12-metre true width) has been intersected in five of six holes, which total 1,030 metres completed to date. Assaying is expected to be completed within four weeks.

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.