Globex Mining extends gold mineralization below 2,000 metres at Kewagama royalty claims, Quebec

Globex Mining Enterprises Inc. [TSX: GMX; Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges: G1MN; OTCQX International: GLBXF] provided an update for its Kewagama royalty claims located on the Radisson Mining Resources Inc. [TSXV: RDS; OTCQX: RMRDF] Kewagama Gold Mine portion of their O’Brien Gold Project, Quebec. Globex retains a 2% NSR royalty on the Kewagama Gold Mine property.

On April 30, 2026, Radisson reported among other drill holes, hole OB-26-384. This hole intersected “significant intercepts of high-grade gold at a vertical depth of 1.9 km, the deepest hole ever drilled on the project.” Hole OB-26-384 intersected 4.54 g/t gold over 12.0 metres (core length) including 16.85 g/t gold over 1.0 metre and 12.87 g/t gold over 1.0 metre also 7.21 g/t gold over 2 metres, including 9.91 g/t gold over 1 metre.

The intersection is within the down dip and plunge of Trend 1 near the western limit of Globex’s Kewagama royalty. “Trend 1” plunges steeply to the east toward Globex’s Kewagama royalty claims with the potential that gold “Trend 1” may extend onto the Globex Kewagama royalty claims. It is also worth noting that gold “Trend 2” crosses over onto Globex’s Kewagama royalty claims at the 1,250 metres to 1,500 metres depth and “Trends 3 and 4” are wholly on the Globex Kewagama royalty claims. “Trends 3 and 4” have only been drilled to the 500 metres to 650 metres depth and are open below on the Globex Kewagama royalty claims. To the east of “Trend 4” there has been very little drilling until Kewagama royalty claims abut Globex’s 100% own Central Cadillac and Wood Gold Mines property.

Globex considers that the Kewagama royalty claims will gain significant value as Radisson continues to drill on the property. Radisson reported that 22% of scheduled production of 740,000 oz. Au is attributable to the Kewagama property in their July 9, 2025, PEA. Subsequently Radisson informed Globex that 20.6% of the Resource update on March 2, 2026 that totaled 2.32 million ounces Au was on the Globex Kewagama royalty claims.

Globex also holds a 1% NSR royalty on the eastern portion of the O’Brien Gold Project, the Thompson Cadillac (New Alger) Gold Mine which has only been explored to a depth of approximately 500 metres.