TORONTO, Dec. 22, 2025 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX - Toronto Stock Exchange, G1MN - Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF - OTCQX International in the US) is pleased to inform shareholders of progress by Albright Metals Limited (ABR-ASX) formerly called Bryah Resources Ltd. at the Golden Pike Gold and Antimony property in New Brunswick under option from Globex (see Globex press release dated May 22, 2025 for transaction terms by clicking here).
Albright reports that it has "completed an infill and extensional drilling program at its Vail Road High Grade Gold deposit. Approximately 990 metres of oriented HQ diamond drill core has been acquired from 15 drill holes, with target zones intercepted where expected. Samples from target zones have been sent to a laboratory for assay, with results expected to be received progressively during January.
The rig will be moved to the Bond Road Antimony Prospect next to conduct an initial drilling exploration program targeting antimony in an area of strong soil anomalism and where high-grade stibnite boulders have been found at surface1. Drill site preparation and access clearing has been completed with exploration drilling planned to commence in early January. The exploration program will target high-grade antimony veins within interpreted fault structures, with up to 1,200m diamond core drilling planned (1 see Albright press release dated October 7, 2025).
Assay results from both programs will be reported to the market as they are received.-
Albright reports "The Company's current focus is on progressing the Vail Road Gold Deposit, which has a NI 43-101 Foreign Resource Estimate2, towards development (2 See ASX press release dated May 21, 2025).
Drill results and data acquired from infill and extensional drilling will be utilised to upgrade the foreign resource estimate to a JORC compliant mineral resource estimate." (Foreign Resource meaning Canadian in this case).
In attrition to the work focused upon the Vail Road High-Grade Gold Deposit, Albright states that "Multiple targets for gold and antimony mineralisation across the northern half of the Mineral Claims are being evaluated and prioritised for follow up exploration."
Globex is pleased with the rapid program at the Golden Pike (formerly Devils Pike) property and looks forward to rapid advancement of the property's potential.
Shareholders can access the latest Albrights press release of December 22, 2025, by clicking here.
This press release was written by Jack Stoch, P. Geo., Executive Chairman and CEO of Globex in his capacity as a Qualified Person (Q.P.) under NI 43-101.
| We Seek Safe Harbour. | Foreign Private Issuer 12g3 - 2(b) |
| CUSIP Number 379900 50 9 LEI 529900XYUKGG3LF9PY95 | |
| For further information, contact: | |
| Jack Stoch, P.Geo., Acc.Dir. Executive Chairman & CEO Globex Mining Enterprises Inc. 120 Carlton Street, Unit 219 Toronto, Ontario, Canada M5A 4K2 | Tel.: 819.797.5242 Fax: 819.797.1470 info@globexmining.com www.globexmining.com |
Forward-Looking Statements: Except for historical information, this news release may contain certain "forward-looking statements". These statements may involve a number of known and unknown risks and uncertainties and other factors that may cause the actual results, level of activity and performance to be materially different from the expectations and projections of Globex Mining Enterprises Inc. ("Globex"). No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Globex will derive therefrom. A more detailed discussion of the risks is available in the "Annual Information Form" filed by Globex on SEDARplus.ca.
56,347,436 shares issued and outstanding
