More Drilling on Globex's Battery Hill Manganese Royalty Property

About this update from Globex Mining Enterprises Inc.

[{"type":"text","content":"More Drilling on Globex’s Battery Hill Manganese Royalty Property\n\n\n\n ROUYN-NORANDA, Quebec, April 10, 2025 (GLOBE NEWSWIRE) --\n \n GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich,\n \n\n Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exch\n \n\n anges\n \n\n and GLBXF – OTCQX International in the US)\n \n is pleased to update shareholders as regards drill results reported by Manganese X Energy Corp. (MN-TSXV, 9SC-FSE, MNXXF-OTCQB) on Globex’s 1% Gross Metal Royalty, Battery Hill manganese property in New Brunswick. Globex also is a very large shareholder in Electric Royalties (ELEC-TSXV) that holds a 2% Gross Metal Royalty as the property. Manganese X has reported\n \n 12 new drill holes totalling 1,393 metres\n \n in the Moody Hill and Sharpe Farm sectors of the property which are in addition to the 93 previous drill holes. Intersections up to 72.6 metres (238 feet) are reported.\n \n\n\n Key Highlights\n \n\n\n\n\n SF24-96\n \n :\n \n 12.5m @ 13.62% MnO\n \n from 41.5m and\n \n 13.3m @ 14.9% MnO\n \n\n\n\n SF24-98\n \n :\n \n 72.6m @ 11.29% MnO\n \n from 11m, including\n \n 42.1m @ 13.3% MnO\n \n\n\n\n SF24-99\n \n :\n \n 32m @ 15.7% MnO\n \n from 5m\n \n\n\n SF24-101\n \n :\n \n 16m @ 13% MnO\n \n from 8m, and\n \n 51.5m @ 12.57% MnO\n \n from 136m\n \n\n\n SF24-102\n \n :\n \n 24.2m @ 9.3% MnO\n \n from 6.8m,\n \n 16.8m @ 10.89% MnO\n \n from 53.4m, and\n \n 35.6m @ 14.6% MnO\n \n from 87.2m\n \n\n\n SF24-103\n \n :\n \n 32m @ 11.6% MnO\n \n from 27m\n \n\n\n SF24-105\n \n :\n \n 20.2m @ 11.2% MnO\n \n from 81m\n \n\n\n\n All drill holes were inclined at\n \n -45 degrees\n \n , with\n \n true thickness estimated at 65-80%\n \n of the reported core lengths. Core logging and sampling followed industry-standard protocols, including a QA/QC program with Certified Standards, blanks, and duplicates, comprising 5% of total samples. Sample intervals averaged 2 metres.\n \n\n Initial half-core samples were collected by Company personnel and sent to the Actlabs prep lab in Fredericton, New Brunswick, before being forwarded to Actlabs in Ancaster, Ontario, for XRF-Fusion Whole Rock Analysis (Code 4C). Actlabs is an accredited laboratory.\n \n\n Manganese X’s news release ...

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