• Globex Mining reported Cerrado Gold extended the bankable feasibility study timeline for the Mont Sorcier iron ore project in Quebec.
• Extension targets mine plan changes to cut strip ratio, lower tailings-related costs, address inflation-driven capex and opex pressure.
• Cerrado plans a modest Q3 2026 drill program to upgrade resources east of the planned pit to support the revised mine plan.
• Work includes a trade-off study on starting with 65% iron concentrate versus 67%, citing a roughly USD 20/tonne premium for 67%.
• ESIA filing stays on track for Q2 2027; permitting could be granted around year-end 2028, pointing to construction start in Q1 2029.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Globex Mining Enterprises Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607151457PRIMZONEFULLFEED9762960) on July 15, 2026, and is solely responsible for the information contained therein.