TORONTO, June 30, 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 provide shareholders with an update on the TomaGold Corporation (TSXV: LOT; OTCPK: TOGOF) (TomaGold) drilling on the Globex Berrigan royalty property where Globex holds a 2% Gross Metal Royalty (GMR). TomaGold has announced assay results from the first of five extension holes, TOM-25-011EXT, completed as part of Phase 2 of its drilling program at the Berrigan Mine Project, located in the Chibougamau Mining Camp of Québec. The extension of hole TOM-25-011 was designed by TomaGold to test modeled conductive plates at depth within the Berrigan Deep Zone. The hole, which reached a final depth of 834.70 m, intersected a 204.25 m mineralized envelope (see Exhibits 1 and 2), as well as several gold- and zinc-rich lenses within the broader mineralized structure.
Highlights from the Assay Results on the Berrigan drilling
Major intersection of 204.25 m grading 2.05% ZnEq (0.48 g/t AuEq) (from 553.90 m to 758.15 m) in extension hole TOM-25-011EXT, underscoring the scale of the mineralized system within the Berrigan Deep Zone, including:
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31.31% ZnEq (7.38 g/t AuEq) over 2.40 m (from 554.40 m to 556.80 m)
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5.93% ZnEq (1.38 g/t AuEq) over 4.60 m (from 681.55 m to 686.15 m)
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5.90% ZnEq (1.38 g/t AuEq) over 7.45 m (from 697.05 m to 704.50 m)
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4.62% ZnEq (1.08 g/t AuEq) over 14.40 m (from 591.00 m to 605.40 m)
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Additional high-grade intersections: Prior to reaching the Berrigan Deep Zone, the hole extension also intersected a zone grading 3.02% ZnEq over 12.45 m (from 498.30 m to 510.75 m), including 16.23% ZnEq over 1.40 m. In addition, the original hole TOM-25-011 had previously identified several higher-level zones of interest, including 14.14% ZnEq over 2.00 m (from 307.50 m to 309.50 m).
Results pending for holes TOM-25-009EXT, TOM-25-010EXT, TOM-25-012EXT and TOM-25-013EXT: Mineralization was consistently observed in drill core recovered from the four other extension holes, for which assay results are pending.
Geological model validation: These results confirm the vertical continuity of the Berrigan Mine Project's polymetallic hydrothermal system and validate the modeled extensions at depth. Preliminary 3D model viewer can be accessed at: https://www.mininghub.com/3d/v/4zxSrVUh.
Geological Context and District-Scale Potential