1.46 Million Ounces of Gold Outlined on Globex’s Duquesne West Property by Emperor Metals

Core Viewpoint - Globex Mining Enterprises Inc. announces a new Mineral Resource Estimate from Emperor Metals Inc. for the Duquesne West Property, indicating significant resource growth and potential for further exploration [1][3]. Summary by Relevant Sections Mineral Resource Estimate - The new Inferred Mineral Resource is reported at 26.9 million tonnes containing 1.46 million ounces of gold, with an average grade of 1.69 grams per metric tonne Au [2]. - Approximately 44% of the total gold resource is suitable for open-pit extraction, while 56% may be mined through underground methods [3]. Historical Context and Future Plans - Emperor Metals has more than doubled the historical resource estimate, with a goal to exceed the two-million-ounce mark in 2025 through systematic exploration [3]. - The focus for 2025 includes exploration from 1000 feet depth to surface, aiming for continued resource growth [3]. Resource Breakdown - The resource estimate includes a breakdown of pit-constrained and out-of-pit mineral resources, with specific tonnage and gold content at various cutoff grades [5][10]. - For example, at a 0.25 g/t cutoff, the pit-constrained resource is 18.2 million tonnes containing 0.646 million ounces of gold at a grade of 1.11 g/t [5]. Qualified Person and Reporting - The Mineral Resource was prepared by APEX Geoscience Ltd. under the supervision of Warren Black, M.Sc., P.Geo., and will be filed under Emperor's SEDAR+ profile within 45 days [9].