Globex Reports Duquesne West High – Grade Shallow Gold Drill Intersections

Original announcement by globenewswire on

Company
Globex Mining Enterprises Inc.
Ticker
GMX
Exchange
Unavailable
Region
Unavailable
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Resource update
Extracted
2026-09-09 14:33:27 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Globex Mining Enterprises announced high-grade gold drill results from the Duquesne West Project, part of an ongoing 2026 exploration campaign. The results, including intercepts of 7.5 g/t Au and 7.4 g/t Au, are intended to support resource conversion and advance the project toward a Preliminary Economic Assessment.

Reasoning: New drill results from the 2026 campaign show high-grade gold intercepts and support the objective of converting Inferred resources to Indicated.

Positive factors

  • high-grade intercepts
  • infill drilling supporting resource conversion
  • structural thickening observed

Facts used in scoring: 4

Atlas analysis — Globex Mining Enterprises Inc.: Globex Reports Duquesne West High – Grade Shallow Gold Drill Intersections. 2.6 g/t over 24.1 m; 7.5 g/t over 7.1 m; 2.2 g/t over 14.3 m

Classification and evidence

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The release states the program is focused on reinforcing resource continuity and systematic infill drilling is improving the geological model.

Evidence · text

“Emperor believes that its systematic infill drilling is improving the geological model”

QA/QC Disclosedpositive

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

Why it applies: The release mentions a Qualified Person (David Christie, P.Geo.) prepared the information under NI 43-101.

Evidence · text

“David Christie, P.Geo., President and COO of Globex, in his capacity as a Qualified Person (Q.P.) under Ni 43-101”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: the document describes a mill_cil route ("CIP")

Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

Drill Results (4)

DQ26-52Duquesne West · goldGrade: 2.6Grade Unit: g/tIntercept: 24.1 mView all details
Link to this fact

Identity

Hole ID
DQ26-52
Project
Duquesne West
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
GMX

Geometry

Grade
2.6
Grade Unit
g/t
Intercept
24.1 m

Classification

Program
resource
Sample Type
drill
Group ID
DQ26-52:0-24.1
Mining Method
unknown

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Significant width and grade supporting structural thickening interpretation.

Positive factors

  • increased mineralized thickness

Evidence · text

“DQ26-52: 24.1 meters (m) grading 2.6 g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 142,758 m of drilling completed to date , these results represent another significant step toward Emperor’s objecti"

DQ26-52Duquesne West · goldGrade: 7.5Grade Unit: g/tIntercept: 7.1 mView all details
Link to this fact

Identity

Hole ID
DQ26-52
Project
Duquesne West
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
GMX

Geometry

Grade
7.5
Grade Unit
g/t
Intercept
7.1 m
From
45.2 m
To
52.3 m
Intercept Depth
45.2 m

Classification

Program
resource
Sample Type
drill
Group ID
DQ26-52:45.2-52.3
Mining Method
unknown

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Strong high-grade intercept within the main interval.

Positive factors

  • high-grade sub-interval

Evidence · text

“7.1 m of 7.5 g/t Au from 45.2 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 142,758 m of drilling completed to date , these results represent another significant step toward Emperor’s objecti"

DQ26-53Duquesne West · goldGrade: 2.2Grade Unit: g/tIntercept: 14.3 mView all details
Link to this fact

Identity

Hole ID
DQ26-53
Project
Duquesne West
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
GMX

Geometry

Grade
2.2
Grade Unit
g/t
Intercept
14.3 m

Classification

Program
resource
Sample Type
drill
Group ID
DQ26-53:0-14.3
Mining Method
unknown

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: Solid intercept supporting continuity.

Evidence · text

“DQ26-53: 14.3 m grading 2.2 g/t Au”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 142,758 m of drilling completed to date , these results represent another significant step toward Emperor’s objecti"

DQ26-53Duquesne West · goldGrade: 7.4Grade Unit: g/tIntercept: 4 mView all details
Link to this fact

Identity

Hole ID
DQ26-53
Project
Duquesne West
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
GMX

Geometry

Grade
7.4
Grade Unit
g/t
Intercept
4 m
From
50 m
To
54 m
Intercept Depth
50 m

Classification

Program
resource
Sample Type
drill
Group ID
DQ26-53:50-54
Mining Method
unknown

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-09T00:00:00.000Z

Reasoning: High-grade component within the interval.

Positive factors

  • high-grade sub-interval

Evidence · text

“4.0 m of 7.4 g/t Au from 50 m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "With 142,758 m of drilling completed to date , these results represent another significant step toward Emperor’s objecti"

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.