Globex Partner Hits High-Grade Antimony; Lithium Drilling Starts

Globex Mining Enterprises (GMX) has two exploration updates from its partners. Antimony Resources reported high-grade antimony from drilling on the Main Antimony Zone at the Bald Hill property in New Brunswick. The property is under option from Globex. The drill program totals roughly 18,000 metres, with Antimony Resources aiming to expand the Main Zone and test new zones.

Brunswick Exploration started a summer drilling program on its Mirage Lithium project, totaling 4,000 metres. Globex holds a 3% GMR royalty on the Mirage claims, part of the Lac Escale property.

David Christie, P.Geo., President and COO of Globex, prepared the disclosure as the Qualified Person under NI 43-101. He used information from the partners' July 6 press releases.

The antimony results come from holes BH-26-17, BH-26-20, BH-26-25, and BH-26-27 at the Main Zone. Drilling was conducted from the east side to intersect the zone. Antimony Resources plans to continue the program.

Brunswick's Mirage project drilling is the first phase of a summer campaign. The royalty structure gives Globex a direct interest in any lithium discovery without funding exploration costs.

Forward-looking statements in the release are subject to risks detailed in Globex's annual information form for fiscal 2025, filed on SEDAR+.