Business
Globex Reports Drilling Progress at it's Duquesne West Gold Project
TORONTO, Feb. 25, 2026 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto ...
About this update from Globex Mining Enterprises Inc.
[{"type":"text","content":"Globex Reports Drilling Progress at it’s Duquesne West Gold Project\nTORONTO, Feb. 25, 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 announce initial results from Emperor Metals Inc. 2025–2026 drilling program on the Duquesne West gold property optioned from Duparquet Assets Ltd. (owned 50% by Globex). Emperor has completed three years of the five-year option agreement. The Emperor campaign marks the early phase of an extensive exploration initiative, comprising 15,000 metres of new drilling and 8,000 metres of historical core resampling; together contributing an additional 23,000 metres of data to refine and expand the current geological model. Assay results received to date represent approximately 7% of the new drilling program and just 4% of the total assays anticipated for the 2025–2026 season, which includes both current drilling and historical core resampling. Emperor reports that drilling activities remain ongoing.  Globex is pleased with Emperors continued progress on the Duquesne West project. Highlights: DQ25-01 (Full Results) Intersected 107.7 metres grading 0.5 g/t Au. Furthermore, the overall mineralized intervals span approximately 170 meters and encompasses four distinct zones (see Table 1). This result delineates a more extensive mineralized system peripheral to the higher-grade structural corridors and underscores the presence of gold that was not systematically sampled in earlier exploration programs (see Exhibit 1).DQ25-02 (Partial Results) The drill hole targets the infill of historically under-sampled areas within the conceptual pit shell to evaluate the potential for additional low-grade, bulk-tonnage material and support ounce growth. Results received to date remain partial, as several drill hole assays are still pending. Additional results will be reported in subsequent press releases as they become available. Despite the incomplete dataset, intervals exceeding 50 meters of mineralization have been intersected in core, emphasizing the scale and continuity of the system and reinforcing the need for systematic...