Renforth strips area to expose land on Globex’s Parbec

Feb 28, 2026

2026-02-27 17:20 ET – News Release

See News Release (C-RFR) Renforth Resources Inc (2)

Mr. Jack Stoch of Globex reports

RENFORTH ADVANCING WORK ON GLOBEX’S PARBEC GOLD ROYALTY PROPERTY

Globex Mining Enterprises Inc. has provided an update on work by Renforth Resources Inc. on Globex’s Parbec gold royalty property located in Malartic township, Quebec.

The property straddles the gold localizing Cadillac Break and is approximately six kilometres northwest of the large Canadian Malartic gold mine open pit. Globex retains a 3-per-cent gross metal royalty on all production from the property. A National Instrument 43-101 technical report indicates a measured and indicated resource of 9.61 million tonnes grading 0.86 gram per tonne gold (265,800 ounces Au) and an inferred resource of 2.55 MT grading 1.18 g/t Au (97,000 oz Au) (technical report on the mineral resources estimate updated for the Parbec gold deposit, Abitibi-Temiscamingue region, Quebec, Canada, by Yann Camus, PEng, of SGS Canada Geological Services, dated May 22, 2025). The report may be accessed on Globex’s website or on SEDAR+.

Renforth is currently stripping an area approximately 325 metres by 120 metres to expose a portion of the Cadillac Break-related gold deposit. Outcrop cleaning and channel sampling should start in April or as soon as the snow is gone. The stripping is expected to generate significant new structural and geological data to support Renforth’s 2026 drill program and expose the surface within the targeted bulk sample area.

Globex is pleased with the steady advancement of the project which in addition to open-pit potential already has underground access through a ramp-up to the mineralized zone. The location of the deposit close to the town of Malartic, infrastructure, skilled labour and supplies are a clear plus going forward.

We seek Safe Harbor.

https://www.globexmining.com/