Globex reports High-Grade Antimony Results on its Bald Hill Property and Drilling Starts at its Lac Escale Lithium Royalty
Original announcement by tmx on
- Company
- Globex Mining Enterprises Inc.
- Ticker
- GMX
- Exchange
- TSX
- Region
- New Brunswick
- Primary commodity
- Antimony
- Secondary commodities
- Lithium
- Document categories
- Drill results, Resource update
- Extracted
- 2026-09-15 14:41:24 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Globex reports high-grade antimony drill results from the Bald Hill property, operated by partner Antimony Resources, including intercepts up to 33.40% Sb. Additionally, Brunswick Exploration has commenced a new summer drilling program at the Mirage lithium project, where Globex holds a 3% royalty.
Reasoning: The document reports high-grade antimony drill results from a partner (Antimony Resources) and the start of a lithium drilling program for a royalty holder (Brunswick).
Positive factors
- high-grade antimony intercepts reported
- lithium drilling program commencement
- existing lithium resource mentioned
Negative factors
- results are from partners/royalty holders, not direct operations
Facts used in scoring: 5
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 33.40% Sb is exceptionally high grade.
Evidence · text
“including 33.40 % Sb over 1.10 m”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: David Christie, P.Geo. prepared the information as a QP 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”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The Mirage lithium resource is stated as an inferred Mineral Resource Estimate.
Evidence · text
“Mirage (Lac Escale) has an inferred Mineral Resource Estimate of 52.2Mt grading 1.08% Li2O”
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Drill Results (4)
BH-26-20Bald Hill · antimonyGrade: 13.14Grade Unit: %Intercept: 2.45 mView all detailsHide details
Identity
- Hole ID
- BH-26-20
- Project
- Bald Hill
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- canada_nb
- Ticker
- GMX
Geometry
- Grade
- 13.14
- Grade Unit
- %
- Intercept
- 2.45 m
Classification
- Sample Type
- drill
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-06T00:00:00.000Z
Reasoning: 13.14% Sb is an exceptional grade for antimony.
Positive factors
- high-grade antimony intercept
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
BH-26-25Bald Hill · antimonyGrade: 16.65Grade Unit: %Intercept: 5.05 mView all detailsHide details
Identity
- Hole ID
- BH-26-25
- Project
- Bald Hill
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- canada_nb
- Ticker
- GMX
Geometry
- Grade
- 16.65
- Grade Unit
- %
- Intercept
- 5.05 m
Classification
- Sample Type
- drill
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-06T00:00:00.000Z
Reasoning: 16.65% Sb over 5.05m is a strong intercept.
Positive factors
- high-grade antimony intercept
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
BH-26-25Bald Hill · antimonyGrade: 33.4Grade Unit: %Intercept: 1.1 mView all detailsHide details
Identity
- Hole ID
- BH-26-25
- Project
- Bald Hill
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- canada_nb
- Ticker
- GMX
Geometry
- Grade
- 33.4
- Grade Unit
- %
- Intercept
- 1.1 m
Classification
- Sample Type
- drill
- Group ID
- BH-26-25:null-null
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-06T00:00:00.000Z
Reasoning: 33.40% Sb is an exceptionally high grade.
Positive factors
- bonanza grade intercept
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
BH-26-27Bald Hill · antimonyIntercept: 15.9 mView all detailsHide details
Identity
- Hole ID
- BH-26-27
- Project
- Bald Hill
- Commodity
- antimony
- Region
- canada_nb
- Reported Region
- canada_nb
- Ticker
- GMX
Geometry
- Intercept
- 15.9 m
Classification
- Sample Type
- drill
Location
- Location
- Main Zone
- Loc. Source
- document
QA/QC
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-07-06T00:00:00.000Z
Reasoning: 15.9m mineralized zone reported, though grade not specified in prose.
Positive factors
- significant width
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
Resource Estimates (1)
inferredMirage (Lac Escale) · lithiumTonnes: 52200000Grade: 1.08Grade Unit: % Li2OView all detailsHide details
Identity
- Project
- Mirage (Lac Escale)
- Commodity
- lithium
- Ticker
- GMX
Resource scope
- Estimate type
- resource
- QP Signed
- Yes
- Qualified person names
- David Christie
- Resource group id
- resource:6b37369a300bb732d529
- Deposit or zone
- Mirage
- Ownership percent
- 3 %
- Resource basis
- attributable
Resource Data
- Category
- inferred
- Tonnes
- 52200000
- Grade
- 1.08
- Grade Unit
- % Li2O
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-06T00:00:00.000Z
Reasoning: Existing inferred resource of 52.2Mt at 1.08% Li2O.
Positive factors
- established resource base
Negative factors
- inferred category only
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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.