Major Zinc, Silver, and Gold Discovery at Globex Royalty Property

TORONTO, Jan. 30, 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 update shareholders as regards a recent announcement by TomaGold Corporation (LOT-TSXV, TOGOF-OTCPK) of drill results from two holes completed on the Berrigan Property located west of the town of Chibougamau, Quebec upon which Globex retains a two percent (2%) Gross Metal Royalty.

The report discusses a significant finding on the Globex Royalty property, where large widths of semi-massive zinc, silver, and gold-bearing sulphides have been intersected. This discovery presents a promising outlook for the mineral potential of the site, suggesting valuable resources that could be extracted.

The exploration activities were aimed at identifying economically viable mineral resources within the Globex property. The drilling results indicate promising intersections that could enhance the overall value of the site. The presence of semi-massive sulphides is particularly noteworthy, as it suggests that the geological conditions are favorable for the accumulation of these valuable minerals.

Furthermore, the results of the drilling campaign highlight the effectiveness of the exploration techniques employed. The use of modern drilling technology and analytical methods has enabled the team to obtain precise data regarding the composition and quantity of the minerals present. As a result, the company could potentially delineate a resource that is both economically viable and contains a significant yield of zinc, silver, and gold.

The market's reaction to this news has been positive, with an increase in interest from investors. The implications of this discovery are vast, as it not only reinforces the company's position in the mining industry but also enhances investor confidence. This could lead to potential funding opportunities aimed at further exploration and development of the mining site.

The management team expressed optimism about the future of the project, emphasizing their commitment to exploring the full potential of the mineral assets. They are looking forward to additional drilling campaigns and further exploration activities that could uncover more valuable mineral resources.

Overall, the discovery of large widths of semi-massive zinc, silver, and gold-bearing sulphides on the Globex Royalty property signifies a critical advancement in the mineral exploration sector, highlighting the potential for substantial economic rewards in the region.