Brunswick Announces Inferred Mineral Resource of 52.2 Mt Grading 1.08% Li2O on Globex's 3% GMR Royalty Claims

About this update from Globex Mining Enterprises Inc.

[{"type":"text","content":"Brunswick Announces Inferred Mineral Resource of 52.2 Mt Grading 1.08% Li2O on Globex’s 3% GMR Royalty Claims\nTORONTO, Jan. 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 inform shareholders of the release by Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; Brunswick) of its maiden lithium resource on Globex’s Lac Escale Royalty claims (their Mirage project) in the James Bay area of Quebec. The resource is reported to be among the largest undeveloped hard rock lithium resources in the Americas. Highlights from the Mineral Resource Estimate (MRE) on Globex’s Lac Escale Royalty Claims Inferred resource of 52.2Mt at 1.08% Li2O and 131ppm Ta2O5 (see Table 1) at a cut-off grade of 0.5% Li2OEq for total contained lithia in excess of 550,000 tonnes.Additional Exploration Target of 40Mt to 50Mt grading between 0.80% and 1.10% Li2O and 120ppm and 145ppm Ta2O5 indicating a significant opportunity for continued near-term growth at Mirage. The potential quantity and grade are conceptual in nature. There has been insufficient exploration to define a mineral resource and that it is uncertain if further exploration will result in the target being delineated as a mineral resource according to Brunswick.The maiden resource and Exploration Target are confined to a core area measuring approximately 1.5 by 3.0 kilometers. Substantial exploration potential exists both across this area, as seen in the Exploration Target, and further along strike, throughout the rest of the property where lithium mineralization is observed up to 3.5km from the MRE area.Over 70% of the MRE is contained within five dykes found above a vertical depth of 150 meters from surface, all of which remain open in several directions.Metallurgical test work demonstrates the potential for a dense media separation (“DMS”) only processing flowsheet, producing a high-quality concentrate.The maiden MRE and Exploration Target were estimated after only 23,626 meters of drilling and 62 channel samples, significantly less than its peer group and similar projects.The MRE...

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