Globex Mining Enterprises Inc. (TSX: GMX) has announced that Emperor Metals Inc. has reported additional drill hole assay results from the Duquesne West gold property in Duparquet, Quebec. The standout intersection — 5.9 g/t Au over 32.0 metres at a vertical depth of 335 metres — adds to a growing body of drilling data from the project. Globex retains a 50% interest in the property through its ownership in Duparquet Assets Ltd., making Emperor's results directly material to Globex shareholders.

Key Points

  • Globex Mining Enterprises Inc. (TSX: GMX; OTCQX: GLBXF)
  • Emperor Metals reported additional assays from Duquesne West, Quebec, including a best intersection of 5.9 g/t Au over 32.0 metres in hole DQ-26-37 at 335 metres vertical depth
  • Results received for 44 of 66 holes (13,943 m), representing 68% of new 2026 drilling; total drilling on the property has reached 142,758 metres
  • Investors may be watching for the remaining assay results covering approximately 50% of total expected assays still outstanding

Duquesne West Drilling Scale and Globex's 50% Stake

The Duquesne West property has now seen a combined 142,758 metres of drilling completed in total. Emperor Metals has contributed 20,479 metres of new drilling and approximately 7,884 metres of targeted historical unsampled core, generating more than 28,000 metres of combined drilling data for the current programme. Globex's 50% interest, held through Duparquet Assets Ltd., means these results have direct relevance to the company's asset base. The release states that Globex shareholders can access Emperor's full press release for further assay details and methodology.

Best Intersection from Hole DQ-26-37 at 335 Metres Depth

The strongest result disclosed in the announcement comes from hole DQ-26-37, which returned 5.9 g/t Au over 32.0 metres (104 feet) at a vertical depth of 335 metres. The accompanying spatial figure, the disclosure notes, demonstrates the broad footprint of mineralisation within the lens and underlines growth potential as systematic infill drilling continues. The release characterises this drilling activity as working to de-risk and expand the deposit model, though no mineral resource estimate or economic study was disclosed in this announcement.

Assay Pipeline Still Half-Open With More Results Pending

As of the announcement date, assay results have been received for 44 of 66 drilled holes, representing 13,943 metres and approximately 68% of the new 2026 drilling. The release states that received results account for approximately 50% of total expected assays, meaning a substantial portion of data from the current programme remains outstanding. Investors may be watching closely as the remaining results are returned, given the high-grade nature of intersections disclosed so far. The qualified person disclosure was prepared by Jack Stoch, P.Geo., Executive Chairman and CEO of Globex, under NI 43-101.