Renforth Advances Work on Globex's Parbec Gold Property

TORONTO, Feb. 27, 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 provide an update on work by Renforth Resources Inc. (RFR-CSE, RFHRF-OTC, 9RR-FSE) on Globex’s Parbec gold royalty property located in Malartic township, Quebec.

Renforth Resources is making significant strides in its development work on the Parbec Gold Royalty Property, which is owned by Globex Mining Enterprises. The company has announced that it will be advancing its exploration and development program on this property, which is situated in the historical gold-rich region of Quebec, Canada.

The Parbec Gold property is particularly noteworthy due to its strategic location near the Val-d'Or mining camp, an area famed for its rich gold deposits. Renforth believes that the property holds considerable potential for gold mineralization and is an exciting opportunity for potential economic development.

The company plans to conduct further drilling as part of its efforts to evaluate the gold resources present within the property. The decision to enhance drilling activity is fueled by the encouraging preliminary results from prior exploration efforts, which suggest that significant gold reserves may exist.

Moreover, Renforth is committed to conducting this work efficiently and effectively, ensuring that they adhere to the best environmental practices as they progress with the exploration initiatives. The company’s approach is designed to maximize resource recovery while minimizing any negative impact on the surrounding ecosystem.

In addition to the technical aspects of the project, Renforth is actively engaging with the local community and stakeholders to foster support for their activities. By opening lines of communication, Renforth aims to build solid relationships with local residents and businesses, demonstrating its commitment to responsible mining practices.

Overall, the advancement of work on the Parbec Gold Royalty Property by Renforth represents a critical step towards unlocking the potential of this gold asset, with the potential to contribute significantly to the local economy and the broader mining sector in Quebec.