Renforth Advancing Work on Globex’s Parbec Gold Royalty Property

Core Insights - Globex Mining Enterprises Inc. provides an update on the Parbec gold royalty property, which is being developed by Renforth Resources Inc. in Quebec [1][4] Group 1: Property Overview - The Parbec property is located approximately 6 km northwest of the Canadian Malartic Gold Mine and straddles the Cadillac Break, a significant geological feature for gold localization [2] - Globex retains a 3% Gross Metal Royalty on all production from the Parbec property [2] - A NI 43-101 Technical Report indicates a Measured and Indicated Resource of 9.61 million tonnes (MT) grading 0.86 grams per tonne (g/t) gold, equating to approximately 265,800 ounces of gold, and an Inferred Resource of 2.55 MT grading 1.18 g/t gold, equating to approximately 97,000 ounces of gold [2] Group 2: Current Activities - Renforth is currently stripping an area of approximately 325 meters by 120 meters to expose part of the Cadillac Break gold deposit, with outcrop cleaning and channel sampling expected to commence in April [3] - The stripping is anticipated to provide significant new structural and geological data to support Renforth's 2026 drill program [3] Group 3: Project Advancement - Globex expresses satisfaction with the steady advancement of the Parbec project, which has both open-pit potential and existing underground access via a ramp to the mineralized zone [4] - The proximity of the deposit to the Town of Malartic, along with available infrastructure, skilled labor, and supplies, is viewed as advantageous for future development [4]