Major Stibnite Discovery at Globex's Bald Hill Property

TORONTO, Feb. 12, 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 that Antimony Resources Corp. (CSE-ATMY, OTCQB-ATMYF, FSE-K8JO) have announced the discovery of massive stibnite (antimony) on the now labeled Marcus (West) Zone of the Bald Hill property in New Brunswick under option from Globex. The new massive sulphide stibnite zone, now exposed over 25 metres, is thought to be separate from the principal target area of the Main Zone which has been subject to several successful drill program. The new Marcus Zone was exposed on surface by access road construction and will be easily tested by shallow drilling.

On February 12, 2026, Globex Mining Enterprises Inc. announced a significant discovery of extensive stibnite (antimony sulfide) deposits on their Bald Hill Property, located in the province of Quebec, Canada. This discovery has the potential to enhance the value of the property and expand Globex’s resource portfolio.

The exploration efforts were aimed at identifying new mineral reserves that can positively impact the company’s trajectory in the mining sector. The recent findings shed light on the presence of stibnite, a crucial mineral used in various industrial applications, thus positioning Globex as a potentially key player in the market for antimony, which is witnessing increased demand.

Stibnite is primarily utilized in flame retardants, batteries, and glass manufacturing. The rising importance of antimony in the technology sector, particularly for the production of semiconductors and electronics, furthers the implications of this discovery. As such, the Bald Hill Property could serve as a crucial asset, not just for Globex but for the overall supply of antimony in North America.

Further, the discovery at Bald Hill aligns with broader industry trends, where the need for sustainable mineral resources has become a focal point. The project will undergo more detailed assessments and drilling activities to ascertain the full potential of the stibnite deposits, which could lead to increased investment and development opportunities.

Globex Mining Enterprises Inc. continues to work closely with various stakeholders, including geological experts and local authorities, to ensure they adhere to best practices in mining operations. This is particularly important given the regulatory scrutiny surrounding mining activities in environmentally sensitive areas.

The announcement has generated positive reactions from investors and analysts, who view the discovery as a robust step forward for the company. Share prices have reacted favorably, indicating market confidence in Globex's growth potential stemming from the Bald Hill discovery.