Exploration Season Kicks Off for Globex Mining

Globex Mining enters a pivotal phase with major drill results pending from its Duquesne West and Berrigan projects, while expanding its focus on strategic rare earth elements.

As Globex Mining moves past the close of its 2025 fiscal year, the company is entering an operational phase largely funded by external partners. With multiple key North American projects launching extensive drilling campaigns, investor attention is now fixed on pending assay results that will determine the success of this exploration wave.

Strategic Metals and Gold in Focus

While managing its portfolio of royalties and equity interests, Globex’s business model centers on acquiring properties and having partners conduct the exploration. This strategy allows the company to benefit from discoveries without bearing the high costs of drilling itself.

A significant near-term catalyst is the Duquesne West gold project, where a massive 15,000-meter drill program is underway. The market awaits analysis results to see if a substantial resource expansion is feasible. Furthermore, studies on historical drill core could support the potential for large-tonnage, lower-grade gold deposits.

Beyond precious and base metals, Globex is increasing its emphasis on strategic commodities. The rare earth element projects—Virgin Mountain in Arizona and Gem Hills in Nevada—serve as additional value drivers. Mineralization has already been confirmed at Virgin Mountain, with future field work aimed at clarifying the economic viability of these strategically important assets.

Quebec Project Takes Center Stage

Currently, the Berrigan project in Quebec is under the spotlight. A partner has initiated a new drilling program there to investigate mineralized zones beneath historical finds. Success in this endeavor would directly increase the value of Globex’s held 2% gross metals royalty.

The company’s shares have recorded a notable gain of almost 50% since the start of the year, closing Friday at €1.59. However, this price still sits approximately twelve percent below its 52-week high from mid-February.

Upcoming Catalysts and Milestones

The current quarter features several crucial data releases that will be pivotal for project valuation:

• Berrigan: Assay results from the first five expansion drill holes.
• Duquesne West: Ongoing laboratory results from the 15,000-meter drilling campaign.
• Partner Updates: New resource estimates for gold and antimony projects.

The coming weeks will reveal whether partner-led activities yield the hoped-for resource upgrades. Data from Quebec and progress on the rare earth projects are particularly likely to influence near-term share price movement.