Emperor Reports Additional Drill Results on Duquesne West
PRESS RELEASE
Globex Mining Enterprises Inc.
“At Home in North America”
56,065,836 shares issued and outstanding
January 30, 2025
Emperor Reports Additional Drill Results on Duquesne West
Rouyn-Noranda, Quebec, Canada. 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
additional information as reported by Emperor Metals Inc. regarding work on the 50% Globex owned
Duquesne West property in Duparquet Township, Quebec, 32 km northwest of the city of Rouyn-Noranda.
Emperor completed 8,166 metres of drilling in 19 new holes, and approximately 8,000 metres of historic core
resampling in 2024. To date, 88% of the new drill assays have been reported but only 52% of the combined
new and historical core resampling . “Emperor is targeting a multi -million-ounce resource, utilizing a
combination of conceptual open -pit and underground mining sc enarios.” An updated mineral resource
estimate is expected in Q1 or early Q2, 2025.
New drill results within the conceptual open pit and outside it, includes the following:
Hole DQ24-15 14.2 m grading 1.2 g/t Au and
20.4 m grading 0.6 g/t Au
Hole DQ24-12 16.3 m grading 0.8 g/t Au
Hole DQ24-13 8.1 m grading 1.0 g/t Au and
30.5 m grading 0.5 g/t Au
Hole DQ24-16 7.1 m grading 1.3 g/t Au
CEO John Florek of Emperor commented:
“It's clear that we continue to observe widespread gold mineralization both within and outside the current
open-pit concept. This highlights the significant exploration potential to add valuable ounces to the project,
supporting the upcoming 2025 Mineral Resource Estimate (MRE) expected in Q1 or early Q2. ”
Shareholders can access the detailed Emperor press release here.
2
The Duquesne West property is under option from Duparquet Assets Ltd. which 50% is owned by Globex, as announced
in a press release date October 12, 2022.
This press release was written by Jack Stoch, P. Geo., President and CEO of Globex in his capacity as a Qualified Person
(Q.P.) under NI 43-101.
We Seek Safe Harbour. Foreign Private Issuer 12g3 – 2(b)
CUSIP Number 379900 50 9
LEI 529900XYUKGG3LF9PY95
For further information, contact:
Jack Stoch, P.Geo., Acc.Dir.
President & CEO
Globex Mining Enterprises Inc.
86, 14 th Street
Rouyn-Noranda, Quebec Canada J9X 2J1
Tel.: 819.797.5242
Fax: 819.797.1470
www.globexmining.com
Forward-Looking Statements: Except for historical information, this news release may contain certain “forward-looking statements”. These statements may involve
a number of known and unknown risks and uncertainties and other factors that may cause the actual results, level of activity and performance to be materially
different from the expectations and projections of Globex Mining Enterprises Inc. (“Globex”). No assurance can be given that any events anticipated by the forward-
looking information will transpire or occur, or if any of them do so, what benefits Globex will derive therefrom. A more detailed discussion of the risks is available
in the “Annual Information Form” filed by Globex on SEDARplus.ca