Globex is expanding resource potential across Canada

In a resource-driven world increasingly shaped by geopolitical uncertainty and supply chain disruptions, mineral assets are gaining renewed investor attention.

Recent developments across several Canadian mining projects—ranging from gold in Québec’s Abitibi region to critical antimony in New Brunswick—highlight the growing importance of diversified mineral portfolios and royalty-based business models. These projects not only showcase the potential for strong cash flow generation but also reflect the accelerating pace of exploration success and resource expansion in key jurisdictions.

This article is disseminated in partnership with Globex Mining Enterprises Inc. It is intended to inform investors and should not be taken as a recommendation or financial advice.

Globex Mining Enterprises Inc. (TSX:GMX)continues to demonstrate the strength of its diversified mineral portfolio and royalty model, with recent developments across several key projects underscoring its value proposition to investors.

Positive PEA from Radisson Mining highlights Globex’s Kewagama royalty

A major highlight for Globex shareholders is the recently announced Preliminary Economic Assessment (PEA) by Radisson Mining Resources Inc. (TSXV:RDS) for the O’Brien Gold Project, located in Québec’sprolific Abitibi Greenstone Belt near Cadillac. The PEA outlines a robust production profile:

• 11-year mine life
• 740,000 ounces (Koz) mined, with 647 Koz recovered at an 87 per cent recovery rate
• Average annual gold production of 70 Koz during years 2–8
• After-tax Free Cash Flow (FCF) of $97 million annually

Potential investors take note –22 per cent of the scheduled gold production falls under a 2 per cent Net Smelter Royalty (NSR) held by Globex on the eastern portion of the property, specifically the Kewagama Gold Mine claims. This royalty could translate into significant future cash flow for Globex, especially as Radisson has completed substantial drilling since the 2023 resource estimate, with mineralized zones remaining open at depth and along strike.

Globex’s royalty claims are also located adjacent to its 100 per cent-owned Central Cadillac Gold, Wood Gold Mines, and Ironwood Gold deposit. As of June 10, 2025, Globex reported:

• Indicated Resource: 243,800 tonnes @ 14.38 g/t Au
• Inferred Resource: 37,100 tonnes @ 7.22 g/t Au

This proximity and geological continuity suggest further upside potential for Globex’s royalty and owned assets.

Duquesne West gold resource update: A major stake in a growing asset

In another significant development, Emperor Metals Inc. released a new Mineral Resource Estimate for the Duquesne West Property in Duparquet Township, Québec—a project 50 per cent owned by Globex and under option by Emperor. The updated estimate includes:

• 26.9 million tonnes of Inferred Resources
• 1.46 million ounces of gold
• Average grade of 1.69 g/t Au

The resource combines open-pit and underground mining scenarios and remains open for expansion. Emperor has indicated strong potential for discovering additional high-grade zones, which could enhance both the scale and economics of the project.

“We are encouraged by the strong increase in resources that Emperor has estimated after their drilling programs on the Duquesne West,” Jack Stoch, President, CEO and Director of Globex commented in a news release. “We look forward to seeing the continued progress on the Duquesne West project from the Emperor team.”

Bald Hill Antimony Project: High-grade intersections and metal exposure

Globex’s exposure to critical minerals is also paying off. Antimony Resources Corp. (CSE:ATMY) is advancing the Bald Hill Antimony Project in New Brunswick, under option from Globex. Initial drill results are promising:

• Hole BH-25-03: 2.76 per cent Sb over 2.8 metres, including 19.0 per cent Sb over 0.4 m
• Hole BH-25-04: 4.17 per cent Sb over 7.4 metres, including three massive stibnite zones with grades up to 28.8 per cent Sb

In mid-July, Antimony completed its Phase 1, 16-hole drill program on the property, which totalled 3,150 metres.Antimony reported that70 per centof the holes intersected massive stibnite or stibnite bearing breccia over up to 20 metres. The mineralized zone has now been followed for at least 400 metres of strike length and remains open both along strike and down dip.

These high-grade intersections are significant, especially as antimony prices have surged due to global supply constraints and geopolitical tensions. Additional assays are pending, and 10 holes have been completed to date. Notably, low-grade gold mineralization was also intersected, adding further optionality to the project.

Lac Escale royalty claims

Also under option by the company, Brunswick Exploration Inc. (TSXV:BRW)has identified four new lithium zones on the Lac Escale James Bay property, highlighting the project’s growing potential. A newly discovered dyke, located approximately 250 metres northeast of the previously known MR-6 zone, returned a significant intercept in hole MR-25-115, grading 1.19 per cent Li₂O over 29.5 metres, and remains open in all directions. Meanwhile, the “Stacked Dyke” area has been extended 150 metres to the northeast, with three new drill holes confirming continued mineralization. Hole MR-25-106 intersected 17.4 metres at 1.01 per cent Li₂O, and hole MR-25-105 returned 12.5 metres at 1.44 per cent Li₂O. Across these holes, a total of 32 mineralized dykes were intersected, underscoring the area’s extensive lithium-bearing potential.

A diversified, debt-free model with 258 assets

Globex’s business model is built on diversification, discipline, and optionality. With 258 mineral assets spanning base metals, precious metals, and industrial minerals, the company offers investors broad exposure to commodity cycles while minimizing project-specific risk.

Key investment highlights include:

• No debt and minimal share dilution
• Consistent revenue from royalties, options, and asset sales
• Exposure to surging commodity prices, including gold, antimony, and other critical minerals

Globex’s strategy of acquiring undervalued assets, enhancing them through exploration, and monetizing via royalties or partnerships has proven resilient and profitable.

A royalty powerhouse with expanding upside

With multiple catalysts in motion—from royalty income at O’Brien, to resource growth at Duquesne West, to high-grade antimony at Bald Hill—Globex Mining Enterprises Inc. is well-positioned for sustained value creation. Its diversified portfolio, strong balance sheet, and solid partnerships offer a compelling case for investors seeking exposure to the mining sector with reduced risk.

Now is the time for investors to take a closer look at Globex. As commodity markets heat up and exploration success continues, Globex’s unique model could deliver outsized returns. Conduct your due diligence and consider how this royalty-rich, asset-diverse company fits into your investment strategy.

To keep up with the latest updates from the company, visit Globex’s website.

Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.