10:36 AM EST, 01/27/2025 (MT Newswires) -- Globex Mining Enterprises ( GLBXF ) said Monday that Brunswick Exploration ( BRWXF ) has kicked off a 5,000-meter drill program on Globex's Lac Escale lithium royalty property in Quebec. A statement noted Globex retains a 3% Gross Metal Royalty on the Lac Escale claims and within a 1-kilometer area of influence around the claim's external boundaries as well as a $100,000 per year advance royalty starting at the fifth year of the agreement.

Brunswick's drilling will focus on several untested targets east and west of the Central Zone corridor, Globex said.

In the second phase, Brunswick will target the extensions of the MR-3, MR-6 discoveries and the stacked dyke system along their lateral extensions and at depth.

In addition, an entirely new mineralized dyke system located 4.5 kilometers to the northeast will be targeted, Globex said.

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