Core Insights - Globex Mining Enterprises Inc. has announced that Bryah Resources Ltd. has reported high-grade assays of antimony from the Golden Pike property in New Brunswick, with results showing up to 57% Sb from large boulders [1][5] Group 1: Antimony Findings - Previous work in the Bond Road area identified a 320 m long by 150 m wide antimony soil anomaly, with recent prospecting yielding boulders with assays of 27.6% Sb and 54.0% Sb [2][3] - The boulder with 27.6% Sb also contained 1.61 g/t Au, indicating potential for gold alongside antimony [2] Group 2: Gold Deposit Exploration - Bryah has also explored the Vail Road Gold Deposit (formerly Devil's Pike), where five samples from two quartz veins returned assays of up to 9.48 g/t Au [4] - A previous resource estimate from 2011 indicated an Inferred Resource of 270,500 tonnes grading 9.39 g/t Au (cut) and 11.48 g/t Au (uncut) [4] Group 3: Unique Geological Context - The New Brunswick area is noted for its unique occurrences of antimony and high-grade assays, making it a significant location for exploration in Canada [5]

Core Insights - Globex Mining Enterprises Inc. is making significant progress across multiple projects, focusing on resource discovery and enhancing shareholder value through exploration of high-demand exotic elements and traditional gold and silver resources [1][19]. Project Updates - The company reported a transaction involving a property with exploration potential for rare earth elements, beryllium, niobium, and tantalum, alongside advancing antimony resource projects [2]. - An option deal was established for the Virgin Mountain Rare Earth & Beryllium Project, with Arizona Mountain Pass Heavy Rare Earths Pty Ltd. agreeing to pay Globex $800,000 in cash and $600,000 in shares over 42 months for 100% ownership [3]. - Globex will receive a 3% royalty on the project, starting from the seventh anniversary of the transaction, with an annual advance royalty of $100,000 payable in cash [4]. - AMP is committed to funding at least $2.5 million in exploration activities during the agreement term, indicating a strong exploration focus [5]. Exploration Activities - Preliminary exploration at the Virgin Mountain property included historical analysis and geological mapping, confirming the presence of rare earth mineralization in favorable rock structures [7][8]. - Updates from transaction partners include high-grade gold discoveries at the O'Brien Gold project, where notable intervals of 15.1g/t and 11.20g/t gold were reported [9][10]. - Antimony Resources Corp is advancing exploration at the Bald Hill Antimony Property, with high-grade stibnite values reported, and a second drilling phase planned [12][13]. New Project Highlights - The Red Star silver-gold project in Nevada, comprising 16 claims over 133.78 hectares, has shown promising assay results of up to 11.5g/t gold and 1,171g/t silver, indicating its potential for high-grade mineralization [14][17]. - The project is situated in a mining-friendly jurisdiction and is considered under-explored, with potential for future option deals as precious metal values rise [18][22]. Strategic Approach - Globex employs a project generator strategy, allowing shareholders to benefit from exploration activities and retained royalties from advanced projects, which have historically led to significant capital gains [19][20]. - The company continues to identify and acquire prospective properties, maintaining a portfolio of over one hundred wholly owned exploration assets [23].

Core Viewpoint - Globex Mining Enterprises Inc. has optioned its Virgin Mountain Rare Earth Property in Arizona to Arizona Mountain Pass Heavy Rare Earths Pty Ltd, receiving $800,000 in cash and $600,000 in shares over 42 months for 100% interest in the property [1][2]. Deal Summary - The agreement includes cash payments of $800,000 and shares worth $600,000 over a 42-month period for the Virgin Mountain property, which consists of 23 unpatented lode claims totaling 192.28 hectares (475.1 acres) [2]. - The property is located in the Virgin Mountain Range, approximately 120 km northeast of Las Vegas, Nevada, and is accessible via highway 15 and a 16 km gravel road [2]. Historical Context - Past exploration for uranium and rare earth elements (REE) occurred from the 1940s until 1991, with various companies conducting exploration work, including ASARCO and Blandsell Mining Company [3]. - The Virgin Mountains were explored for beryllium in the 1950s and 1960s but never went into production [3]. Geological Insights - The Virgin Mountain area features a complex geology with Precambrian metamorphic and intrusive rocks, alongside Paleozoic to Cenozoic sedimentary rocks [5]. - REE mineralization is associated with elevated radioactivity, primarily found in the Hummingbird Zone, which has been defined over a distance of 250 m [6][9]. Mineralization Details - The Hummingbird Zone shows high-grade widths between 0.9 m and 1.45 m, with potential widths of radioactive anomalies related to REE mineralization reaching over 10 m [6]. - Channel samples from the Hummingbird structure returned total rare earth oxide (TREO) contents ranging from 0.328% to 1.24% [8]. Economic Potential - The mineralization includes valuable heavy rare earth elements (HREE) such as gadolinium, terbium, dysprosium, and neodymium, with terbium assays reaching up to 96 g/t [9]. - The agreement stipulates a 3% Gross Metal/Mineral Royalty and an annual advance royalty of $100,000 starting from the seventh anniversary of the effective date [7]. Beryllium Insights - The Globex claim block contains pegmatites enriched in beryllium, with historical BeO grades ranging from 0.02% to 2.98% [11]. - Chrysoberyl, the dominant beryllium mineral in the Virgin Mountain pegmatites, offers a potential low-cost alternative for high-purity beryllium production [13][14].

Core Viewpoint - Globex Mining Enterprises Inc. has announced the staking of 16 unpatented lode claims covering 133.78 hectares in Clark County, Nevada, with significant assay results indicating high-grade silver and gold mineralization [1][15]. Group 1: Project Overview - The Red Star Project encompasses two epithermal quartz vein systems: the Red Star vein system, over 2 km long, and the 470 m long segment of the Double Standard vein system, located 2.5 km south of Red Star [2][3]. - Initial fieldwork has included geological mapping and the collection of 65 rock samples, primarily from the Red Star vein [4][15]. Group 2: Historical Context - Prospecting in the Crescent Mining district began around 1894, with significant activity occurring from 1905 to 1907, but no major discoveries were made until the revival of metal mining in 1936 due to rising precious metal prices [3]. - The Red Star vein system has historical mining activity dating back to 1907-1914, with previous operations by the Red Star Mines Company [3]. Group 3: Geological Characteristics - The Red Star vein system trends approximately 100° with an average dip of 55°N, extending over a lateral distance of 2000 m, likely continuing under sedimentary and volcanic rock cover [5]. - The Double Standard vein system averages 105° in strike and 70° in dip, with a traceable length of 470 m [6]. Group 4: Mineralization and Assay Results - Three multi-quartz-generation pulses of epithermal mineralization have been identified, with significant assay results from various samples, including up to 1,171 g/t silver and 11.5 g/t gold [1][7][8]. - Notable assay results from the Red Star vein include samples yielding gold equivalent values of 20.4 g/t and 11.42 g/t, among others [10][11]. Group 5: Analytical Methods - Samples were analyzed at American Assay Laboratories in Sparks, Nevada, using ISO 17025 certified methods, including ICP-OES and fire assay techniques for gold and silver [15].

Core Viewpoint - Globex Mining Enterprises Inc. has announced the staking of 16 unpatented lode claims covering 133.78 hectares in Clark County, Nevada, with significant assay results indicating high-grade silver and gold mineralization [1][2]. Group 1: Project Overview - The Red Star Project encompasses two epithermal quartz vein systems: the over 2 km long Red Star vein system and the 470m long segment of the Double Standard vein system, located 2.5 km south of the Red Star vein [2]. - Initial fieldwork has included geological mapping and the collection of 65 rock samples, primarily grab and linear chip samples, from the Red Star property [4][17]. Group 2: Historical Context - Prospecting in the Crescent Mining district began around 1894, with significant activity occurring from 1905 to 1907, but no major discoveries were made until the revival of metal mining in 1936 due to rising precious metal prices [3]. - The Red Star vein system has historical mining activity dating back to 1907-1914, with previous operations by the Red Star Mines Company [3]. Group 3: Geological Features - The Red Star vein system trends approximately 100° with an average dip of 55°N, extending over a lateral distance of 2000 m, likely continuing under sedimentary and volcanic rock cover [5]. - The Double Standard vein system averages 105° in strike and 70° in dip, with a traceable length of 470 m [6]. Group 4: Mineralization and Assay Results - The project exhibits epithermal mineralization of low- and intermediate sulfidation types, with significant assay results from various pulses indicating high gold and silver values [7][8][9]. - Notable assay results include up to 1,171 g/t silver and 11.5 g/t gold from grab samples, with various samples yielding gold equivalent values ranging from 0.245 g/t to 20.4 g/t [10][11]. Group 5: Analytical Methods - Samples were analyzed at American Assay Laboratories in Sparks, Nevada, using ISO 17025 certified methods, including ICP-OES and fire assay techniques for gold and silver [17].

MONTREAL--(BUSINESS WIRE)--TOMAGOLD CORPORATION (TSXV: LOT; OTCPK: TOGOF) ("TomaGold†or the "Company†) announces that it has entered into amendments (the "Amending Agreements†) with Chibougamau Independent Mines Inc. (TSXV: CBG) ("CIM†) and Globex Mining Enterprises Inc. (TSX: GMX) ("Globex†), to the option agreements dated August 11, 2023, as amended, pursuant to which the Company has the right to acquire up to one hundred percent (100%) interest in certain mining properties that currently fo. ...

Core Viewpoint - Globex Mining Enterprises Inc. has provided an update on its financial, royalty, and property portfolios, highlighting significant growth in its financial assets and ongoing developments in its royalty and optioned properties [1][2]. Financial Portfolio - The financial portfolio is valued at approximately $34.73 million, reflecting an 8% increase since the end of Q2 2025 [5][6]. - The portfolio includes 31% in senior liquid precious metal equities, 13% in junior and mid-tier mining names, 29% in fixed income instruments, and 26% in cash [5]. - The gold price has increased by 45% or $1,133 per ounce over the past year, with the S&P/TSX Global Gold Index rising by 86% [3]. - Globex's stock has increased by 69% year-over-year, but only 3% since the end of Q2 2025, while Agnico Eagle Mines Ltd. rose by 29.8% in the same period [3]. Royalty Portfolio - The royalty portfolio includes 110 royalties, with 61 focused on gold projects, and continues to gain value through active drilling on properties such as the Kewagama Claims [1][6]. - Radisson Mining Resources reported high-grade gold intercepts on Globex's Kewagama royalty claims, which is expected to be favorable for Globex [10]. - Cartier Resources has initiated a 100,000-meter drill program on its Cadillac property, which includes Globex's royalty claims [10]. Optioned Property Portfolio - Globex has consolidated its ownership of the Blackcliff gold property from 50% to 100% and staked the Salt Spring gold property in Arizona [6][10]. - Option payments and property sale payments received in 2025 total $3.65 million in cash and $666,895 in shares [1]. - Partners have been actively drilling and increasing resources on optioned properties, such as Antimony Resources at the Bald Hill project and Emperor Resources at the Duquesne West gold project [6][10]. Recent Developments - The company is planning drilling on its Lyndhurst base metal property and Rouyn Merger Gold property, with approximately 1,000 meters planned for each [13]. - Globex continues to assess potential work programs and compile historic data on other properties to generate drill targets [13].

Group 1 - Altai Resources Inc. has sold its 50% working interest in the Malartic Gold Property in Quebec to Globex Mining Enterprises Inc. for a cash consideration of $142,000 [1] - The sale price represents a premium of $18,289, approximately 15%, over the carrying value of the property as per the latest interim financial statements [1] Group 2 - Altai Resources Inc. is based in Toronto, Ontario, and has an oil property in Alberta along with a Canadian investment portfolio consisting of cash and cash equivalents [2]

Core Viewpoint - Emperor Metals Inc. has filed a technical report supporting its initial Mineral Resource Estimate for the Duquesne West Gold Project, highlighting significant growth potential and robust resource values [2][4]. Company Overview - Emperor Metals Inc. is focused on high-grade gold exploration and development in Quebec's Southern Abitibi Greenstone Belt, utilizing AI-driven exploration techniques [12]. - The company aims to unlock substantial resource potential at the Duquesne West Gold Project and the Lac Pelletier Project [12]. Mineral Resource Estimate - The 2025 Duquesne West Mineral Resource Estimate comprises an Inferred Mineral Resource of 26.9 million tonnes (Mt), containing 1.460 million ounces (Moz) of gold (Au) at an average grade of 1.69 grams per tonne (g/t) [3][8]. - The report includes a sensitivity analysis showing robust values in both grade and size at various cutoff grades, indicating strong potential for resource expansion [4][9]. Technical Report Details - The technical report, titled "NI 43-101 Technical Report and Maiden Mineral Resource Estimate, Duquesne West Property, Quebec, Canada," was prepared by qualified professionals from APEX Geoscience and is dated August 21, 2025, with an effective date of July 2, 2025 [2][9]. - The report is available for public access under the company's profile on SEDAR+ [2]. Economic Assumptions - Economic assumptions for the resource estimate include a gold price of US$2,300 per ounce, a foreign exchange rate of 0.75 US$:CA$, and processing costs of CA$12.5 per tonne [9].

Under its current NCIB, which entered into effect on August 2, 2024 and which expires on August 1, 2025, Globex is authorized to purchase up to 1,000,000 shares. Under the NCIB, Globex has repurchased a total of 169,200 common shares at a volume weighted average purchase price of $0.8971 per share, through the facilities of the TSX and on alternative trading systems in Canada. All of the repurchased shares were cancelled by Globex. ROUYN-NORANDA, Québec, July 28, 2025 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTER ...