Additional High Grade Antimony Results on the Bald Hill Property under Option from Globex

2026-01-09 / @GlobeNewswire

 

TORONTO, Jan. 09, 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 inform shareholders that Antimony Resources Corp. (ATMY-CSE, K8JO-FSE) have reported the final drill results from their 2025 drill campaign on the Bald Hill Antimony property under option form Globex (click to access press release dated January 22,2025 announcing the option).

“The 2025 drill programs completed a total of 8150 meters in 34 drill holes. High-grade antimony-bearing stibnite was intersected in between 75% and 80% of the drill holes with high-grade values including 4.4% Sb over 8.6 m (metres), 11.74 % Sb over 1.65 m, and 8.48 % Sb over 3.0 m. The overall average grade of mineralization appears to be in the order of 4% to 5% Sb.”

“Highlights from latest drilling are the following:

  • High-grade antimony-bearing stibnite (Sb) mineralization continues to be intersected in the drilling completed in the fall of 2025.
  • Multiple zones of antimony-bearing stibnite (Sb) mineralization were encountered in five of the six holes reported.
  • Drill Hole BH-25-22 has 6 individual zones of antimony mineralization.
  • High-grades and wide intersections are seen; up to 2.07% Sb over 27.05 meters and 2.75% Sb over 18.35 meters.
  • High-grade values include 4.4% Sb over 8.6 meters (m), 11.74 %Sb over 1.65 m, and 8.48 % Sb over 3.0 m. The overall average grade of mineralization appears to be in the order of 4% to 5% Sb.
  • Highest values of the grade times thickness to date (% Sb*m) = 55.99 and 50.46
  • The mineralization appears to be averaging greater than 4.5 meters in thickness.

The thickness reported in the following table are drill intersected thicknesses. The true thickness of mineralization is calculated to be approximately 75% of the intersected thickness.”

Drill intersection details are as follows:

Summary BH-25-17 to BH-25-22
BH-25-17From
(m)
To (m)Length
(m)
Assay
(%Sb)
%Sb*m
Intersections104.00131.0527.052.0755.99
including104.00112.608.604.4037.84
and117.30124.757.451.4010.43
and127.00131.054.050.522.11
BH-25-18     
Intersections110.00120.6510.653.7539.94
and184.30189.895.595.9032.98
and203.00205.352.355.2512.34
BH-25-19     
Intersections186.25204.6018.352.7550.46
including186.25191.405.155.9830.80
and199.60204.605.003.5217.60
and209.45212.703.252.016.52
BH-25-20     
Hole Abandoned short of target
BH-25-21     
Intersections259.30263.954.650.542.51
BH-25-22     
Intersections107.30113.306.003.4220.52
Including107.30110.303.008.4825.44
and119.70124.604.900.552.70
and163.75169.605.853.6321.24
Including164.85166.501.6511.7419.37
and169.60173.353.750.441.65
and181.90183.751.853.817.05
      

Shareholders can access the detailed Antimony Resources press release 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.


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