03:15 PM EST, 02/26/2025 (MT Newswires) -- Globex Mining Enterprises ( GLBXF ) was at last look up 1.3% in Wednesday afternoon trade as ait informed shareholders that Radisson Mining Resources Inc. (RDS.V) have announced additional drill results on the O'Brien Gold project including gold assays on the Kewagama Gold Mine portion of the project on which Globex retains a 2% Net Smelter Royalty.

A statement noted several gold intersections are reported on Globex's royalty claims, including Hole OB-24-358 which intersected 8.36 grams per tonne gold over 15.0 metres within a broad mineralized interval with multiple veins including 56.0 g/t Au over 1.0 m and 41.1 g/t Au over 1.0 m.

In other news, Emperor Metals ( EMAUF ) have reported metallic sieve analysis from several drill holes on the Duquesne West gold property under option from 50% Globex owned Duparquet Assets Ltd.

Of particular interest was assays from Hole DQ24-12 which previously recorded 57.8 g/t Au over 2.5 m by standard fire assay. Re-assaying using the metallic screened fire assay method, which is particularly useful when assaying samples with coarse gold, is reported to have returned 301.1 g/t Au over 2.5 m, Wednesday's statement said.

Price: 1.49, Change: +0.02, Percent Change: +1.36