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New Discovery of Massive Stibnite (Antimony) on Globex's Bald Hill Property
Globenewswire· 2026-02-12 17:07
TORONTO, Feb. 12, 2026 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to report that Antimony Resources Corp. (CSE-ATMY, OTCQB-ATMYF, FSE-K8JO) have announced the discovery of massive stibnite (antimony) on the now labeled Marcus (West) Zone of the Bald Hill property in New Brun ...
Globex Mining Surge Continues As Stock Reaches Multi-Year High
Smallcaps Investment Research· 2026-01-17 11:04
Core Viewpoint - The ongoing exploration activities and partnerships are expected to enhance the intrinsic value for Globex Mining Enterprises Inc. shareholders, with promising developments across multiple projects, particularly in lithium, gold, and antimony resources [1][2][17]. Exploration Progress - Significant progress has been made by option partners Antimony Resources and Albright Metals in exploring antimony and gold resources [2]. - Brunswick Exploration completed its Maiden Resource Estimate for the Mirage Lithium Project, reporting an inferred resource of 52.2 million tonnes with an average grade of 1.08% Li2O and 131 ppm Ta2O5 [3][4]. - Globex's proprietary gold exploration program at the Rouyn-Merger property in Québec has yielded positive results, with multiple mineralized intervals identified [9][10]. Resource Development - The Mirage Project's resource is primarily hosted within five spodumene-bearing dykes located within 150 metres of the surface, enhancing project economics [4]. - Antimony Resources reported assay results from the Bald Hill Property, with significant intersections of antimony-bearing stibnite, including a 27-metre interval averaging 2.07% Sb [7][8]. - Globex retains a 3% Gross Metal Royalty on resources delineated by Brunswick and a 3.5% Gross Metal Royalty on Bald Hill, positioning the company to benefit from future developments [5][8][16]. Future Exploration Plans - Albright Metals plans to advance the Vail Road Gold Deposit and explore additional targets within the property, with ongoing exploration at the Bond Road Antimony Prospect [15][16]. - Globex is set to conduct detailed geophysical surveys at Rouyn-Merger to refine and prioritize targets for future drilling [12]. Market Context - The demand for critical minerals like lithium and antimony is rising, driven by a global push for domestic sources, which is beneficial for the current market dynamics [19][20]. - Gold prices have reached new all-time highs, enhancing the value potential of Globex's gold projects [18][20]. Conclusion - The advancements in multiple projects and the strategic partnerships established by Globex are expected to strengthen the company's overall value proposition, with a positive outlook for 2026 [17][20].
Lodestar Metals Strengthens Board with Appointment of David Christie as Chairman of the Company
TMX Newsfile· 2026-01-09 12:35
Core Insights - Lodestar Metals Corp. has appointed David Christie as Chairman, bringing extensive experience in mining and capital markets to the role [2][4] Group 1: Leadership Appointment - David Christie has been recognized for his technical expertise and corporate development leadership, which aligns with the company's goal of becoming a high-impact exploration firm [2] - Christie has a strong conviction in Lodestar's assets and strategy, particularly highlighting the Goldrun Project's advantageous location on a major Carlin-style gold trend [2][4] - His previous roles include significant positions at Globex Mining Enterprises Inc. and Orford Mining Corp, showcasing a robust background in mining finance and exploration [2] Group 2: Stock Options - The company has granted a total of 1,600,000 stock options to its directors, officers, and consultants, exercisable at $0.15 per common share with a five-year term [3] Group 3: Company Overview - Lodestar Metals Corp. is focused on advancing the Goldrun Project in Nevada, strategically located near some of North America's largest gold deposits [4] - The company's strategy emphasizes a disciplined approach to discovery, focusing capital on high-value targets and building a compliant gold resource [4]
Emperor Commences 10,000-15,000 Metre Drilling Program at the Duquesne West Gold Project
Newsfile· 2025-12-04 13:00
Emperor Commences 10,000-15,000 Metre Drilling Program at the Duquesne West Gold ProjectDecember 04, 2025 8:00 AM EST | Source: Emperor Metals Inc.Edmonton, Alberta--(Newsfile Corp. - December 4, 2025) - Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH) ("Emperor") is pleased to announce the start of its 10,000 - 15,000 metre diamond drilling program at its flagship Duquesne West Gold Project in Quebec for the 2025-2026 winter season. V.P. Exploration John Labrecque commented: "We are ...
Antimony Deposits Represent the ‘Pot of Gold’ For Two Globex Option Partners
Smallcaps Investment Research· 2025-11-29 10:13
Core Insights - Successful mine development requires not only high-quality properties but also a strong exploration team to advance through key milestones [1] - Globex Mining Enterprises Inc. emphasizes the importance of building long-term shareholder value through strategic partnerships with talented junior explorers [2] Project Updates - Antimony Resources has presented an updated NI43-101 technical report for the Bald Hill antimony project, indicating a conceptual deposit of 2.7 million tonnes at a grade of 3-4% antimony [4][5] - Bryah Resources is advancing the Golden Pike project, reporting high-grade stibnite samples up to 57% Sb and commencing a 1000m drilling program to confirm previous results [9][11] - Cerrado Gold is updating its feasibility study for the Mont Sorcier project, increasing the production target by 60% to an initial 4 million tonnes per annum, with plans to scale up to 8 million tonnes by the third year [14][15] Financial and Royalty Structure - Globex has received a cash payment of $100,000 and over 30 million shares from its partner companies, with additional payments due annually [12] - The company retains a 3.5% Gross Metals Royalty on the Bald Hill project and a 1% GMR on the Mont Sorcier project, which could provide a steady income stream as these projects advance [6][22] Strategic Partnerships - The option agreements with Antimony Resources and Bryah Resources include cash and share payments that enhance corporate liquidity for future acquisitions [20][21] - The strategy of acquiring a diversified portfolio of exploration assets is proving valuable, supported by successful exploration from active partner companies [23]
BWR Exploration Inc. and Electro Metals and Mining Inc. Announce Meeting of Shareholders and Record Date
Globenewswire· 2025-11-25 15:52
Core Viewpoint - BWR Exploration Inc. is set to hold its Annual General and Special Meeting on December 31, 2025, to approve a Reverse Takeover (RTO) by Electro Metals and Mining Inc., which is expected to create a new publicly traded company with significant growth potential in the mining sector [1][3][5]. Group 1: Company Announcements - BWR will issue one post-consolidation share for each Electro share, implying a share price of $0.021 for each pre-consolidation BWR share [3]. - Both companies' Boards of Directors have unanimously voted in favor of the Transaction and are encouraging shareholders to support it [3][6]. - A ZOOM call to present the Transaction will take place on November 27, 2025 [3]. Group 2: Financial Aspects - The companies plan to raise between $1.6 million and $2.25 million through Flow Through (FT) Units priced at $0.26, and between $1.6 million and $1.75 million through Hard Dollar (HD) Units priced at $0.20 [4]. - Each FT Unit will consist of one FT common share and one-half of a Common Share Purchase Warrant, while each HD Unit will consist of one Common Share and one Common Share Purchase Warrant [4]. Group 3: Project and Asset Details - The Transaction aims to establish a company with high-grade copper and gold projects, particularly focusing on the Magusi–Fabie Project in Québec, which is seen as a critical and precious metals opportunity [4][6]. - Electro holds a 100% interest in a block of claims covering 570.73 hectares with historical copper-silver mineralization and has an option for an adjacent block of 6,517.6 hectares [8][10]. - The plan includes expanding known resources at the Magusi and Fabie deposits and exploring other high-priority targets on the combined property [10]. Group 4: Management and Expertise - Management teams of both BWR and Electro consist of experienced professionals with decades of operational experience in the junior resource sector [7][11]. - The companies emphasize their commitment to creating significant value for shareholders through the successful completion of the Transaction and subsequent exploration efforts [4][6].
Electric Royalties Ltd. Announces Closing of $1,000,000 Private Placement
Accessnewswire· 2025-11-06 22:35
Core Viewpoint - Electric Royalties Ltd. has successfully closed a private placement financing of approximately $1,000,000, which will be utilized for working capital and potential strategic transactions [1][5]. Financing Details - The private placement consisted of 7,142,855 common shares priced at $0.14 each, resulting in total gross proceeds of $999,999.70 [1]. - The company paid $33,457.20 in cash and issued 238,980 common share purchase warrants to finders, with each warrant exercisable for one common share at an exercise price of $0.16 for 12 months [4]. Company Strategy and Growth - The company has focused on reducing overhead costs while building a diverse portfolio of 43 royalties in stable jurisdictions, including a copper royalty that is ramping up and several others advancing through feasibility studies [3]. - Over 60% of the outstanding shares are held by board members, their families, and the founding partner, indicating a tight share structure and alignment with shareholders [4]. Market Position and Future Outlook - Electric Royalties is positioned to benefit from the increasing demand for commodities essential for electrification, including lithium, vanadium, and copper, driven by trends in artificial intelligence, electric vehicles, and renewable energy [8][10]. - The company aims to acquire royalties on advanced stage and operating projects, focusing on jurisdictions with low geopolitical risk to provide exposure to the clean energy transition [11].
Globex Reports That Emperor to Resume Drilling at the Duquesne West Gold Property
Globenewswire· 2025-10-28 13:26
TORONTO, Oct. 28, 2025 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that Emperor Metals Inc. (CSE: AUOZ) have announced the resumption of drilling on the Duquesne West Property in Duparquet Township, Quebec, which is under option from 50% Globex owned Du ...
Emperor Metals Announces Final Over-Subscribed Closing of LIFE Offering for Aggregate Gross Proceeds of $11 Million
Newsfile· 2025-10-17 22:52
Core Viewpoint - Emperor Metals Inc. has successfully completed the second and final closing of its private placement offering, raising a total of approximately $11 million, which will be utilized for general and administrative expenses and working capital [1][4]. Group 1: Offering Details - The second closing of the offering raised approximately $1,150,333.80, contributing to a total of approximately $11,093,333.60 across all closings [1]. - A total of 5,751,669 Common Units were issued at a price of $0.20 per unit, with each unit consisting of one common share and one-half of a common share purchase warrant [1]. - The offering was led by SCP Resource Finance LP, acting as the lead agent and sole bookrunner, along with Canaccord Genuity Corp. as part of the syndicate [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for general and administrative expenses and working capital, as outlined in the offering document dated September 12, 2025 [4]. Group 3: Shareholder Information - Evanachan Limited acquired 750,000 Common Units for $150,000, representing approximately 1.65% of the total units sold under the offering [6]. - Following the second closing, Evanachan Limited holds 13,750,000 shares and 6,875,000 common share purchase warrants, representing approximately 6.9% of the total issued shares on a non-diluted basis [8]. Group 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 [9]. - The company aims to unlock the resource potential of the Duquesne West Gold Project and the Lac Pelletier Project [9].
Emperor Metals Announces Closing of $10 Million LIFE Offering
Newsfile· 2025-10-09 14:11
Core Viewpoint - Emperor Metals Inc. has successfully closed a private placement offering, raising approximately $9,943,000 to fund its exploration projects in Quebec's Southern Abitibi Greenstone Belt [1][2]. Group 1: Offering Details - The private placement consisted of 14,714,999 Common Units priced at $0.20 each and 25,000,000 flow-through units priced at $0.28 each [1]. - The offering was led by SCP Resource Finance LP as the lead agent, with Canaccord Genuity Corp. as part of the syndicate [2]. - The securities were issued under the Listed Issuer Financing Exemption, which allows them to be sold without a hold period under Canadian securities laws [3]. Group 2: Use of Proceeds - Proceeds from the sale of the flow-through units will be used for eligible Canadian exploration expenses related to the Duquesne West Project and Lac Pelletier Project, with a deadline for incurring these expenses by December 31, 2026 [4]. - The net proceeds from the Common Units will be allocated for general and administrative expenses and working capital [5]. Group 3: Additional Information - The agents received 2,382,899 non-transferable broker warrants as part of their compensation, each exercisable for a Common Share at an exercise price of $0.20 [6]. - Some subscribers will settle their subscriptions directly with the company, with expected closures in the coming weeks [7]. - Emperor Metals is focused on high-grade gold exploration and development, utilizing AI-driven techniques to unlock resource potential in its projects [8].