01:34 PM EDT, 07/16/2025 (MT Newswires) -- Globex Mining Enterprises ( GLBXF ) on Wednesday said Antimony Resources (ATMY.CN) completed its phase 1, 16-hole drill program on the Bald Hill property in New Brunswick under option from Globex.

Antimony Resources in a separate release on Wednesday also said that sixteen drill holes totaling over 3,150 meters of diamond drilling were completed on the Bald Hill Main Zone.

Globex Mining ( GLBXF ), citing Antimony Resources, said that seventy percent of the holes intersected massive stibnite or stibnite bearing breccia over up to 20 meters.

"The mineralized zone has now been followed for at least 400 metres of strike length and remains open both along strike and down dip," said the company.

The company also said that over 1500 samples have been submitted for assay with results pending.

Globex Mining Enterprises' ( GLBXF ) shares were last seen down $0.02 to $1.29 on the Toronto Stock Exchange, while Antimony Resources' shares were last seen up $0.04 to $0.17 on the Canadian Securities Exchange.

Price: 1.30, Change: -0.01, Percent Change: -0.76