Mr. Jack Stoch reports

ANTIMONY RESOURCES INTERSECTS MASSIVE STIBNITE ON PROPERTY UNDER OPTION FROM GLOBEX

Globex Mining Enterprises Inc. has provided an update to shareholders on the progress by Antimony Resources Corp. on the Bald Hill antimony project, located in New Brunswick, under option from Globex.

Antimony Resources, in a news release dated July 2, 2025, announced assays from two drill holes that intersected the target antimony zone, out of the first four completed drill holes. Holes BH-25-1 and BH-25-2 were stopped short of the target and were redrilled, but holes BH-25-3 and BH-25-4 intersected the target.

Hole BH-25-03 intersected 2.76 per cent stibnite (Sb) over 2.8 metres (m) from 78.2 m to 81.0 m, including 19.0 per cent Sb over 0.4 m from 78.2 m to 78.6 m.

Hole BH-25-04 intersected 4.17 per cent Sb over 7.40 m from 106.6 m to 114.0 m, including three zones of massive stibnite, which returned 28.8 per cent Sb over 0.50 m, 21.9 per cent Sb over 0.40 m and 17.9 per cent Sb over 0.40 m.

(Note that reported widths are core lengths. True widths are estimated to be between 75 per cent and 80 per cent of core lengths.)

Holes BH-25-01 and BH-25-02 were redrilled with longer holes BH-25-08 and BH-25-09, both of which intersected the targeted massive stibnite zone.

A total of 10 holes have been completed to date. Assays of additional mineralized intersections are pending.

The drilling also intersected low-grade gold mineralization with assay of up to 2.15 grams per tonne (g/t) gold (Au) over 0.40 m as part of the wider 2.8 m intersection zone in hole BH-25-04.

Globex is pleased with the initial drill results and looks forward to the receipt of the pending assays. Antimony prices have skyrocketed due to shortages brought on in part by geopolitical conflicts.

Shareholders can access Globex's news release dated Jan. 22, 2025, for property details and option terms, which include $2-million in cash payments, 1.1 million Antimony Resources shares and a minimum of $5-million in property expenditures over four years. Should the earn in be completed, Globex will retain a 3.5-per-cent gross metal royalty (GMR), 1 per cent of which may be purchased for $1-million adjusted for inflation.

This news release was written by Jack Stoch, PGeo, president and chief executive officer of Globex, in his capacity as a qualified person (QP) under National Instrument 43-101.

We seek Safe Harbor.