TORONTO, June 08, 2026 (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 report the results from rock sampling by Antimony Resources Corp. (CSE: ATMY) (OTCQB: ATMYF) (FSE: K8J0) on the Bald Hill Property in New Brunswick under option from Globex. Click here to access Globex's press release announcing the option agreement.
Thirty-eight (38) rock samples of stibnite bearing vein material were taken and sent for assay during Antimony's winter trenching program on the "South Zone" located approximately 900 metres south of the "Main Zone". The thirty-eight (38) samples collected over a distance of 200 metres averaged 19.5% antimony (Sb) with highs up to 44.2% Sb
Assay Results for Samples Collected in the South Zone at Bald Hill
| South Zone Samples | |||||
| Sample Number | Northing | Easting | Sb % | Au ppb | As % |
| 1734787 | 5060622 | 733266 | 20.70 | 6 | < 0.01 |
| 1734788 | 5060627 | 733267 | 37.70 | 11 | 0.02 |
| 1734789 | 5060628 | 733266 | 27.20 | 7 | 0.02 |
| 1734790 | 5060621 | 733271 | 9.02 | 5 | 0.01 |
| 1734791 | 5060623 | 733270 | 21.50 | < 5 | < 0.01 |
| 1734792 | 5060621 | 733274 | 7.06 | 15 | 0.03 |
| 1734793 | 5060621 | 733271 | 16.50 | 7 | < 0.01 |
| 1734794 | 5060621 | 733273 | 17.20 | 6 | < 0.01 |
| 1734795 | 5060622 | 733268 | 14.70 | 8 | < 0.01 |
| 1734796 | 5060628 | 733267 | 17.40 | 5 | 0.03 |
| 1734797 | 5060619 | 733273 | 34.10 | 9 | < 0.01 |
| 1734798 | 5060561 | 733314 | 6.23 | 12 | 0.05 |
| 1734799 | 5060559 | 733313 | 27.80 | 17 | 0.03 |
| 1734800 | 5060557 | 733310 | 7.62 | 9 | 0.01 |
| 2303951 | 5060557 | 733309 | 22.20 | 21 | 0.01 |
| 2303952 | 5060556 | 733308 | 9.42 | 17 | 0.06 |
| 2303953 | 5060556 | 733308 | 16.80 | 14 | < 0.01 |
| 2303954 | 5060555 | 733307 | 17.40 | 16 | < 0.01 |
| 2303955 | 5060571 | 733304 | 2.08 | 14 | < 0.01 |
| 2303956 | 5060572 | 733307 | 34.50 | 20 | < 0.01 |
| 2303957 | 5060573 | 733309 | 35.00 | 10 | < 0.01 |
| 2303958 | 5060576 | 733312 | 3.18 | < 5 | 0.04 |
| 2303959 | 5060577 | 733316 | 8.22 | 6 | < 0.01 |
| 2303960 | 5060582 | 733307 | 20.40 | 8 | 0.04 |
| 2303961 | 5060581 | 733306 | 27.50 | < 5 | 0.02 |
| 2303962 | 5060580 | 733305 | 23.50 | 13 | 0.04 |
| 2303963 | 5060580 | 733305 | 13.20 | < 5 | < 0.01 |
| 2303964 | 5060579 | 733304 | 29.70 | 13 | 0.04 |
| 2303965 | 5060579 | 733304 | 10.10 | < 5 | 0.01 |
| 2303966 | 5060582 | 733304 | 29.60 | 8 | 0.02 |
| 2303967 | 5060601 | 733293 | 7.75 | < 5 | 0.02 |
| 2303968 | 5060601 | 733293 | 27.40 | < 5 | < 0.01 |
| 2303969 | 5060601 | 733293 | 19.40 | < 5 | < 0.01 |
| 2303970 | 5060601 | 733293 | 13.90 | < 5 | < 0.01 |
| 2303971 | 5060584 | 733308 | 44.20 | 9 | 0.02 |
| 2303972 | 5060584 | 733308 | 16.00 | 24 | 0.1 |
| 2303973 | 5060584 | 733308 | 22.60 | 15 | 0.04 |
| 2303974 | 5060691 | 733227 | 0.02 | < 5 | 0.0157 |
Note: Samples of mineralized stibnite bearing vein material were hand picked for assay. Grab samples are variable by nature and may or may not represent the average grade of veins in the trenches.
The South Zone appears to parallel the Main Zone but is off-set from the trend of the Main Zone which has been outlined by drilling and trenching over a 600-metre strike length and to a depth of 350 meters and having a width of 4 to 5 metres and an average grade of 3% to 4% Sb as reported in a number of Antimony Resources press releases. The current Antimony Resources press release may be accessed by clicking here.
QA/QC
Samples The bags are sealed and placed in larger canvas bags for shipment to the Activation Labs Processing facility in Fredericton where they are crushed and prepared for shipment to the assay lab in Ancaster Ontario. The samples are analyzed using Actlabs Method Code 1E3 Aqua Regia ICPOES for the multi element and Code 1A2 Fire Assay AA for gold.
Quality Assurance and Quality Control (QA/QC) samples are inserted in the sample runs which include a known standard for antimony and gold, a core duplicate, a blank, and a pulp duplicate. Activation Labs also has standard QA/QC protocols which are reported with each assay batch.
Globex is pleased with the continuing exploration by Antimony Resources which is expanding the footprint of mineralization on the Bald Hill property.
Jack Stoch, P.Geo., Executive Chairman and CEO of Globex, in his capacity as a Qualified Person (Q.P.) under Ni 43-101, prepared the information that forms the basis of this written disclosure. The technical content of this news release was reviewed and approved by Jim Atkinson, MSc., P. Geo., President and CEO of Antimony Resources Corp. who is a qualified person as defined by National Instrument 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 |
Caution Regarding Forward-Looking Statements
Certain statements included in this press release may constitute "forward-looking statements" within the meaning of applicable Canadian securities laws. Except as may be required by such laws, Globex Mining Enterprises Inc. ("Globex") does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Forward-looking statements, by their very nature, are subject to numerous risks and uncertainties. As a result, actual results could differ materially from Globex's expectations expressed in or implied by such forward-looking statements. No assurance can be given that any events anticipated by the forward-looking statements will materialize, or if any of them do, what benefits Globex will derive therefrom. Numerous risk factors which may cause actual results to differ materially from expectations expressed in or implied by the forward-looking statements are discussed in Globex's annual information form for the 2025 fiscal year filed with the Canadian securities regulatory authorities, available on SEDAR+ at www.sedarplus.ca and on Globex's website at www.globexmining.com. Globex cautions readers that such risks are not the only ones that could impact it. Additional risks and uncertainties not currently known to Globex or that Globex currently deems to be immaterial may have a material adverse effect on Globex's business, financial condition, and results of operations. Given these risks and uncertainties, Globex cautions investors and others against placing undue reliance on such forward-looking statements as a prediction of future results or for any other purpose. This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein have not been and will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), or with any securities regulatory authority of any state or other jurisdiction in the United States, and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons, as such term is defined in Regulation S under the Securities Act ("Regulation S"), except pursuant to an exemption from or in a transaction not subject to the registration requirements of the Securities Act.
