Mr. Jack Stoch reports
GLOBEX REPORTS FINAL DRILL HOLE RESULTS FROM ROUYN-MERGER
Globex Mining Enterprises Inc. has released assay results from the final four holes in the area of the East O'Neil gold occurrence, which adjoins the gold localizing Cadillac Break on Globex's 100-per-cent-owned Rouyn-Merger property, located east of Rouyn-Noranda, Que. The drill program consisted of six holes totalling 1,095 metres.
The latest drill results are presented below:
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RM-25-03 intersected 2.74 grams per tonne Au gold over 9.0 metres, including 4.90 g/t Au over 4.5 metres;
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RM-25-04 returned no significant values;
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RM-25-05 intersected 13.06 g/t Au over 4.7 metres;
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RM-25-06 returned no significant values.
Results from holes RM-25-01 and RM-25-02 were previously reported on Dec. 9, 2025.
RM-25-01 intersected 3.44 g/t Au over 38.7 metres, including 12.60 g/t Au over 6.7 metres and 4.59 g/t Au over 6.3 metres, and including 2.87 g/t Au over 5.0 metres.
RM-25-02 intersected 3.47 g/t Au over 26.4 metres, including 1.95 g/t Au over 7.2 metres and 1.34 g/t Au over 3.4 metres and 11.67 g/t Au over 6.1 metres.
Historical drilling has been incorporated in Globex's data set. Although much of the historical core was not assayed, some composite intersections in mineralized envelopes are presented in Table 2. Single high-grade results are not presented.
Local geology at Rouyn-Merger
The drill holes started in finely bedded intermediate tuff followed by a transition zone composed of the same material and injected by thin units of gabbro. Then, a more massive gabbro sill is intersected followed by a conglomerate unit.
Gold mineralization at Rouyn-Merger
The mineralization consists of moderate to strongly silicified zones (envelopes) with up to 25 per cent finely to medium grain size disseminated pyrite, patchy pyrite or pyrite veins. Gold is in association with the pyrite and visible gold has been observed.
The mineralized envelopes are present within the transition zone as well as within the gabbro. Gold grade is variable inside the envelopes.
The zones are oriented north-northeast-south-southwest and dip 80 degrees to the west.
Assaying was completed by MSALabs located at 1020 Rue Leo-Fournier, Val d'Or, Que., J9P 6X8.
Next steps
Based upon the very positive first phase drill results Globex has decided to undertake a combined detailed induced polarization and magnetometer survey which the company expects to follow up with additional drilling. Permitting is under way.
This press release was written by David Christie, PGeo, president and chief operating officer of Globex, in his capacity as a qualified person (QP) under National Instrument 43-101 and Pierre Riopel, PGeo, Globex chief geologist, in his capacity as a qualified person under NI 43-101.
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