Summary："Major Antimony Discovery Unfolds on Bald Hill Main Zone, Investors Rejoice"TORONTO, June 16, 2026 (

"Major Antimony Discovery Unfolds on Bald Hill Main Zone, Investors Rejoice"

TORONTO, June 16, 2026 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – US OTC) is making headlines with a significant antimony discovery on its Bald Hill Main Zone project. The latest findings have sparked a surge of interest among investors, bolstering the company's prospects in the mining sector.

The key development in this discovery is the substantial antimony mineralization encountered during the ongoing drilling program. Preliminary results indicate a considerable expansion of the known mineralized zone, highlighting the potential for a sizeable antimony deposit. According to GLOBEX's management, the latest drilling has not only confirmed the presence of high-grade antimony but also revealed new zones of mineralization, further enhancing the project's overall value. With antimony being a critical component in flame retardants, batteries, and alloys, the demand for this metal is on the rise, driven by the growing need for sustainable technologies.

Industry analysis suggests that the discovery is timely, given the current supply constraints and increasing demand for antimony. The global antimony market is expected to experience a significant deficit in the coming years, driven by the expanding use of antimony in the renewable energy sector and the tightening of environmental regulations. As a result, companies like GLOBEX, with significant antimony assets, are poised to benefit from the anticipated price increases. The Bald Hill Main Zone discovery positions GLOBEX as a potential major player in the antimony market, offering investors a compelling opportunity to capitalize on the growing demand.

Looking ahead, GLOBEX plans to accelerate its exploration activities on the Bald Hill Main Zone, with a focus on defining the extent and grade of the antimony mineralization. The company is also expected to conduct further metallurgical testing to assess the feasibility of commercial-scale production. As the project advances, investors are likely to see significant value creation, driven by the potential for a major antimony discovery.

In conclusion, the antimony discovery on the Bald Hill Main Zone is a significant milestone for GLOBEX MINING ENTERPRISES INC., marking a major breakthrough in its exploration efforts. With the global demand for antimony on the rise, the company's latest findings are set to attract increased investor attention, driving growth and value creation in the years to come.