Emperor Reports Deep Wide High-Grade Gold Intercept on the Duquesne West Property Under Option from Globex

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Emperor Reports Deep Wide High-Grade Gold Intercept on the Duquesne West Property Under Option from Globex TORONTO, June 03, 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 progress on the 50% owned Duquesne West property optioned to Emperor Metals Inc. Emperor reported that the 2026 program is integrating 15,000 metres of new drilling with 8,000 metres of targeted resampling of historic drill core, which together contributes an additional 23,000 metres of data to refine and expand the current geological model. Below we summarize the results from the Emperor press release dated June 2, 2026, which can be accessed here by clicking here for more details. Exploration Program Highlights: Recent drill results included DQ26-45 which intersected 35.9 meters grading 3.1 g/t Au at depth below the current pit shell of the main pit.The thick high-grade gold intercepts continue to demonstrate the project’s ability to rapidly add ounces in support of Emperor’s vision of advancing towards a multi-million-ounce bulk-tonnage gold deposit in the main pit. Holes that are advancing this vision are represented by drillholes DQ26-03, 04, and 45.Ongoing drilling continues to expand the deposit footprint eastward, with encouraging mineralized intercepts encountered in holes DQ26-05, 06, 07, and 08 including 0.5 g/t over 11.8 metres in drill hole DQ26-05.Phase 1 pit infill drilling is targeting near-surface mineralization that could support a staged development approach, potentially accelerating future project development timelines and may enhance the overall project economics. This is represented by holes DQ26-11, 12, 13, 17, 33, 34, and 35.Only about 20% of the expected assay total for 2025-26 program have been received to date. Results DiscussionEmperor reported that assay results received to date represent 16 of the 47 holes drilled so far, accounting for roughly 35–40% of the current drilling program and only about 20% of the total assays expected from the broader 2025–2026 exploration season, including ongoing drilling and historical core resampling. Results have bee...

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