09:50 AM EDT, 07/23/2025 (MT Newswires) -- Globex Mining ( GLBXF ) on Wednesday said it has acquired by staking 40 lode claims in the north of the historic Gold Basin mining district in Arizona.

The property consists of 24 lode claims in the West Claim Block and 16 lode claims in the East Claim Block.

Globex has carried out preliminary fieldwork including geological mapping and collected a total of 131 rock samples and 32 soil samples as a test geochemical survey.

High-grade assay results of vein and stockwork mineralization found in the West Claim Block include grab sample B-1 with 17.8 g/t gold & 0.13% copper.

The company's shares were last seen up $0.01, to $1.40, on the Toronto Stock Exchange.

Price: 1.40, Change: +0.01, Percent Change: +0.72