# Globex Discovers Wide Gold Zones at the Salt Spring Project in Arizona

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/globex-discovers-wide-gold-zones-at-the-salt-spring-project-in-arizona--ad5c082e-3598-4127-8bd3-cd58ddbb8e15

Original source: https://money.tmx.com/en/quote/GMX/news/6625800526286148/globex-discovers-wide-gold-zones-at-the-salt-spring-project-in-arizona

Publisher: tmx

Original announcement: 2026-06-02T16:02:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Globex Mining Enterprises Inc.

- Ticker: GMX

- Exchange: TSX

- Region: Arizona

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results, Other

- Extracted: 2026-08-23 14:43:31 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Globex Mining has discovered new gold-bearing zones at the Salt Spring Project in Arizona through trenching and soil sampling. Notable intercepts include a 17.0 m trench \(TR-A\) averaging 1.54 g/t Au and high-grade grab samples up to 13.1 g/t Au.

Reasoning: The announcement reports new high-grade gold occurrences from trenching and grab sampling, extending known mineralization, though it lacks drill-hole validation.

- Positive factor: discovery of new gold zones

- Positive factor: high-grade channel samples

- Positive factor: extension of mineralization confirmed via trenching

- Positive factor: QA/QC disclosed

- Negative factor: results are from surface sampling \(trench/grab\) rather than drilling

- Negative factor: grab samples are selective and non-representative

Facts used in scoring: 8

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release mentions ISO 17025 certified laboratory \(AAL\) and standard checks.

Evidence · text

> AAL is an ISO 17025 certified laboratory.

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Press release written under the supervision of Jack Stoch, P.Geo., a Qualified Person.

Evidence · text

> written by Matthias Jurgeit... under the supervision of Jack Stoch, P.Geo... in his capacity as a Qualified Person \(Q.P.\)

## Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

## Drill Results (8)

### B-111

[Link to this fact](https://atlas-staging.minestarters.com/news/globex-discovers-wide-gold-zones-at-the-salt-spring-project-in-arizona--ad5c082e-3598-4127-8bd3-cd58ddbb8e15#fact-drill-facts-0)

Salt Spring Project · gold

#### Identity

- Hole ID: B-111
- Project: Salt Spring Project
- Commodity: gold
- Region: usa\_az
- Reported Region: Arizona
- Ticker: GMX

#### Geometry

- Grade: 10.73
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-02T00:00:00.000Z

Reasoning: High-grade grab sample from anomaly 2-A.

- Positive factor: high grade

- Negative factor: grab sample

Evidence · text

> Grab sample B-111 on anomaly 2 A returned 10.73 g/t Au

### TR-A

[Link to this fact](https://atlas-staging.minestarters.com/news/globex-discovers-wide-gold-zones-at-the-salt-spring-project-in-arizona--ad5c082e-3598-4127-8bd3-cd58ddbb8e15#fact-drill-facts-1)

Salt Spring Project · gold

#### Identity

- Hole ID: TR-A
- Project: Salt Spring Project
- Commodity: gold
- Region: usa\_az
- Reported Region: Arizona
- Ticker: GMX

#### Geometry

- Grade: 1.54
- Grade Unit: g/t
- Intercept: 17 m

#### Classification

- Sample Type: channel
- Group ID: TR-A:0-17

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-02T00:00:00.000Z

Reasoning: Continuous channel sampling over a 17m trench length.

- Positive factor: wide intercept

- Positive factor: new discovery

- Negative factor: surface sampling

Evidence · text

> average weighted grade of 1.54 g/t Au from TR-A trench

### TR-A

[Link to this fact](https://atlas-staging.minestarters.com/news/globex-discovers-wide-gold-zones-at-the-salt-spring-project-in-arizona--ad5c082e-3598-4127-8bd3-cd58ddbb8e15#fact-drill-facts-2)

Salt Spring Project · gold

#### Identity

- Hole ID: TR-A
- Project: Salt Spring Project
- Commodity: gold
- Region: usa\_az
- Reported Region: Arizona
- Ticker: GMX

#### Geometry

- Grade: 3.24
- Grade Unit: g/t
- Intercept: 7 m

#### Classification

- Sample Type: channel
- Group ID: TR-A:5-12

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-02T00:00:00.000Z

Reasoning: High-grade sub-interval within trench TR-A.

- Positive factor: high-grade sub-interval

Evidence · text

> A higher-grade interval of 7.0 m length \(between 5.0 and 12.0 m\) assayed 3.24 g/t Au

### TR-A

[Link to this fact](https://atlas-staging.minestarters.com/news/globex-discovers-wide-gold-zones-at-the-salt-spring-project-in-arizona--ad5c082e-3598-4127-8bd3-cd58ddbb8e15#fact-drill-facts-3)

Salt Spring Project · gold

#### Identity

- Hole ID: TR-A
- Project: Salt Spring Project
- Commodity: gold
- Region: usa\_az
- Reported Region: Arizona
- Ticker: GMX

#### Geometry

- Grade: 12.7
- Grade Unit: g/t
- Intercept: 1 m

#### Classification

- Sample Type: channel
- Group ID: TR-A:B-139

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-02T00:00:00.000Z

Reasoning: High-grade channel sample B-139.

- Positive factor: high grade

Evidence · text

> Highest grade channel sample B-139 returned 12.70 g/t Au over 1.0 m length

### TR-C

[Link to this fact](https://atlas-staging.minestarters.com/news/globex-discovers-wide-gold-zones-at-the-salt-spring-project-in-arizona--ad5c082e-3598-4127-8bd3-cd58ddbb8e15#fact-drill-facts-4)

Salt Spring Project · gold

#### Identity

- Hole ID: TR-C
- Project: Salt Spring Project
- Commodity: gold
- Region: usa\_az
- Reported Region: Arizona
- Ticker: GMX

#### Geometry

- Grade: 0.716
- Grade Unit: g/t
- Intercept: 7 m

#### Classification

- Sample Type: channel
- Group ID: TR-C:0-7

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-02T00:00:00.000Z

Reasoning: Trench TR-C confirms extension of mineralization.

- Positive factor: confirms extension

Evidence · text

> trench TR-C sampling returning 7.0 m with a weighted average grade of 0.716 g/t Au

### TR-C

[Link to this fact](https://atlas-staging.minestarters.com/news/globex-discovers-wide-gold-zones-at-the-salt-spring-project-in-arizona--ad5c082e-3598-4127-8bd3-cd58ddbb8e15#fact-drill-facts-5)

Salt Spring Project · gold

#### Identity

- Hole ID: TR-C
- Project: Salt Spring Project
- Commodity: gold
- Region: usa\_az
- Reported Region: Arizona
- Ticker: GMX

#### Geometry

- Grade: 2.18
- Grade Unit: g/t
- Intercept: 1 m

#### Classification

- Sample Type: channel
- Group ID: TR-C:B-164

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-02T00:00:00.000Z

Reasoning: High grade sample B-164 in trench TR-C.

- Positive factor: high grade

Evidence · text

> Highest grades returned the two westernmost samples \(each 1.0 m long\) B-163 and B-164 with 1.01 and 2.18 g/t Au respectively

### TR-D

[Link to this fact](https://atlas-staging.minestarters.com/news/globex-discovers-wide-gold-zones-at-the-salt-spring-project-in-arizona--ad5c082e-3598-4127-8bd3-cd58ddbb8e15#fact-drill-facts-6)

Salt Spring Project · gold

#### Identity

- Hole ID: TR-D
- Project: Salt Spring Project
- Commodity: gold
- Region: usa\_az
- Reported Region: Arizona
- Ticker: GMX

#### Geometry

- Grade: 6.21
- Grade Unit: g/t
- Intercept: 2.6 m

#### Classification

- Sample Type: channel
- Group ID: TR-D:8-10.6

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-02T00:00:00.000Z

Reasoning: High-grade interval in trench TR-D.

- Positive factor: high grade

Evidence · text

> Sampled interval between 8.00 and 10.60 m \(B-168 to B-170\) assayed 6.21 g/t Au over 2.6 m length

### TR-D

[Link to this fact](https://atlas-staging.minestarters.com/news/globex-discovers-wide-gold-zones-at-the-salt-spring-project-in-arizona--ad5c082e-3598-4127-8bd3-cd58ddbb8e15#fact-drill-facts-7)

Salt Spring Project · gold

#### Identity

- Hole ID: TR-D
- Project: Salt Spring Project
- Commodity: gold
- Region: usa\_az
- Reported Region: Arizona
- Ticker: GMX

#### Geometry

- Grade: 13.1
- Grade Unit: g/t
- Intercept: 0.6 m

#### Classification

- Sample Type: channel
- Group ID: TR-D:B-170

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-06-02T00:00:00.000Z

Reasoning: Highest grade channel sample B-170.

- Positive factor: high grade

Evidence · text

> Highest grade returned channel sample B-170 with 13.1 g/t over 0.6 m length

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.