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Initial Drill Holes Returned Zn, Ag and Au Over Wide Widths on Globex Royalty Claims
TORONTO, Dec. 23, 2025 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto ...
About this update from Tomagold Corporation Class A
[{"type":"text","content":"Initial Drill Holes Returned Zn, Ag and Au Over Wide Widths on Globex Royalty Claims\nTORONTO, Dec. 23, 2025 (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 that TomaGold Corporation (LOT-TSXV, TOGOF-OTCPK) have reported intersecting zinc, silver and gold mineralization in drill holes on the Berrigan claims located in the Chibougamau mining camp, upon which Globex retains a 2% Gross Metal Royalty. Intersections as reported by TomaGold on December 22, 2025, include: Main High-Grade Intersections: Hole TOM-25-009 (from 156.70 m): 6.68% ZnEq (1.57 g/t AuEq) over 48.05 metres, including 39.03% ZnEq (9.15 g/t AuEq) over 2.90 metres and 21.86% ZnEq (5.12 g/t AuEq) over 5.40 metres.Hole TOM-25-009 (from 244.50 m): 5.44% ZnEq (1.27 g/t AuEq) over 15.20 metres, including 25.15% ZnEq (5.85 g/t AuEq) over 2.55 metres.Hole TOM-25-010 (from 130.70 m): 2.67% ZnEq (0.62 g/t AuEq) over 48.30 metres, including 12.87% ZnEq (3.00 g/t AuEq) over 6.25 metres. Note: The reported widths from TomaGold represent core lengths. ZnEq and AuEq are calculated using the Company’s standard parameters. True width is estimated to be approximately 80–85% of the core length, depending on the deviation angles. Five additional holes targeting lateral and depth extensions of the mineralized envelope are out for assay and a Borehole EM Survey is currently underway to try to identify new targets in the area of the currently disclosed drill-hole assay results. See attached longitudinal section. Shareholders may access the TomaGold press release for greater details by clicking here; Longitudinal Section of the Berrigan Property Known Mineralized Envelope and Completed Drill Holes (excluding TOM-25-011 and TOM-25-012) This press release was written by Jack Stoch, P. Geo., Executive Chairman and CEO of Globex in his capacity as a Qualified Person (Q.P.) under NI 43-101. The technical content of this press release was approved by Jean Lafleur P.Geo. and VP of TomaGold Corporation. We Seek Safe Harbour.Foreign Private Issuer 12g3 – 2(b) CUSIP Number 379900 50 ...