Drilling Resumes on Globex's Berrigan Property in Quebec

TORONTO, April 01, 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 to shareholders that TomaGold Corporation (LOT-TSXV, TOGOF-OTCPK) has started a drill program to extend 5 recent drill holes in order to intersect a newly discovered zinc/gold/silver zone intersected beneath the previously known Berrigan mineralized zone.

Globex Mining Enterprises Inc. has announced the resumption of drilling activities on its Berrigan Zinc-Gold-Silver Royalty Property located northwest of Chibougamau, Quebec. This initiative marks a significant step forward in the exploration and assessment of the mineral potential of the region, which has shown promising characteristics for zinc, gold, and silver deposits.

The Berrigan property boasts a strategic location within the renowned Abitibi Greenstone Belt, an area known for its rich mineral deposits. Globex has been proactive in exploring this region, aiming to define the geological potential further and uncover valuable resources that contribute to the company's overall growth strategy.

The drill program is designed to evaluate existing targets that have previously indicated potential and to expand on these findings by testing new areas of interest. The geological team is equipped with advanced methodologies and technologies to ensure comprehensive data collection, which will provide insights into the mineralization process and assist in defining drill targets effectively.

Furthermore, the company emphasizes its commitment to sustainable practices during exploration. Environmental considerations are taken into account to minimize the impact of drilling operations. This includes working towards regulations that protect the ecosystem while ensuring that all exploration activities are conducted responsibly.

The resumption of drilling follows a period of comprehensive geological assessments, including the analysis of historical drilling data and surface geological work that has indicated significant mineralization potential. By re-examining past results and integrating new exploration techniques, Globex aims to enhance its understanding of the property’s geological structure.

The company has also engaged with local stakeholders and communities, ensuring that there is transparency in its operations. Through regular updates and communication, Globex aims to build a good relationship with the community, which is vital for the long-term success of its mining initiatives.

Looking ahead, the drilling program is expected to provide valuable insights and data that could lead to the discovery of economically viable mineral resources. As drilling progresses, the company plans to publish updates and findings to keep investors and stakeholders informed about the developments on the Berrigan property.

In summary, the resuming of drilling on the Berrigan Zinc-Gold-Silver Royalty Property represents a crucial milestone for Globex Mining Enterprises Inc. as it seeks to capitalize on the rich mineral potential of the Chibougamau area, while also maintaining its commitment to sustainable exploration practices.