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ROUYN-NORANDA, Quebec, June 26, 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. (AUOZ-CSE, EMAUF-OTCQB, 9NH-FSE) has provided an update on their drilling and resulting geological interpretation of certain structural controls at the optioned, 50% Globex owned, Duquesne West Gold Property in the Abitibi of Quebec. See Emperor’s press release by clicking here for further information.
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Compiling historical and more current drill results has allowed Emperor to interpret two plunge directions; one trending eastly as suggested by high-grade gold holes DQ95-21, DQ03-18 EXT, DQ04-21, DQ97-79 and DQ04-22 and one trending westerly as suggested by hole DQ24-12.
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Long-Section view of Duquesne West looking North and showing the two gold trends.
A high-grade westerly trend and a main easterly trending gold trend. – Emperor Metals
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Note: Core lengths reported are as drilled not true widths which are 90%, plus or minus 5%.
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The current and historical drill results and new interpretation of the plunges of the high-grade mineralization will be incorporated into a new resource calculation to be completed and made public in the coming weeks.
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This press release was written by Jack Stoch, P. Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.) under NI 43-101 and approved by Emperor Metals Inc.
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| We Seek Safe Harbour. | Foreign Private Issuer 12g3 – 2(b) |
| CUSIP Number 379900 50 9 LEI 529900XYUKGG3LF9PY95 | |
| For further information, contact: | |
| Jack Stoch, P.Geo., Acc.Dir. President & CEO Globex Mining Enterprises Inc. 86, 14th Street Rouyn-Noranda, Quebec Canada J9X 2J1 | Tel.: 819.797.5242 Fax: 819.797.1470 [email protected] www.globexmining.com |
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Forward-Looking Statements: Except for historical information, this news release may contain certain “forward-looking statements”. These statements may involve a number of known and unknown risks and uncertainties and other factors that may cause the actual results, level of activity and performance to be materially different from the expectations and projections of Globex Mining Enterprises Inc. (“Globex”). No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Globex will derive therefrom. A more detailed discussion of the risks is available in the “Annual Information Form” filed by Globex on SEDARplus.ca.
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56,095,836 shares issued and outstanding
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English (US)