Brunswick Drilling Expanding Lithium Zones on Mirage (Lac Escale) Globex Royalty Claims

ROUYN-NORANDA, Quebec, Jan. 13, 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 report that Brunswick Exploration Inc. (TSX-V:BRW, OTCQB:BRWXF; FRANKFURT:1XQ) have announced additional lithium bearing intersections from their 12,000 metre drill program on the Mirage Property (Lac Escale portion) in the Eeyou Istchee-James Bay area of Quebec, on which Globex retains a 3% Gross Metal Royalty.

Drilling focused on the Central Zone including the MR-6 and MR-3 dykes and has continued to intersect wide and well-mineralized intervals on their extensions and to depth.

Highlights include:

• 37 meters at 1.14% Li2O in hole MR-24-87 and 1.15% Li2O over 23 meters in hole MR-24-89 extending mineralization at MR-3 down dip where it remains open.
• New interval at the MR-6 Dyke with 1.74% Li2O over 19.7 meters in hole MR-24-84 and 0.93% Li2O over 13.5 meters in hole MR-24-75 extending the dyke to the northwest.
• New multiple intervals in the stacked dyke area east of MR-6 with 1.39% Li2O over 12.9 meters and 1.99% Li2O over 10 meters in hole MR-24-78, 1.32% Li2O over 16.1 meters in hole MR-24-80 and 1.61% Li2O over 9.9 meters in hole MR-24-85
• Hole MR-24-91, drilled for forthcoming metallurgical results, reaffirms the thick, near-surface continuous mineralization at MR-6 with 56 meters at 1.40% Li2O.

Shareholders can access the lengthy Brunswick press release here for details of the drill program including maps, sections and a list of assays.

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.

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