Globex Reports Ongoing Drill Results on Nordeau Royalty Claims Discovery
Globenewswire·2025-12-16 14:00

Core Viewpoint - Globex Mining Enterprises Inc. is pleased to report significant exploration updates from Cartier Resources Inc. regarding gold discoveries on Globex's Nordeau Royalty claims in Quebec, indicating strong potential for future gold inventory and expansion of drilling programs [1][8]. Exploration Results - Cartier Resources has made important gold discoveries in the North Contact Zone (NCZ) on the Cadillac Property, with drill intersections showing significant gold mineralization at depths between 100 m to 300 m [1]. - The drilling has outlined three high-grade gold zones (NCZ1, NCZ2, NCZ3) over a strike length of approximately 400 meters [1]. - Notable drill results include hole CA25-531, which intersected 3.2 g/t Au over 12.5 m, and hole CA25-536, which reported an impressive 111.5 g/t Au over 2.0 m, including 339.6 g/t Au over 0.5 m [1][5]. Detailed Drill Results - The assay results from various drill holes indicate multiple intersections of gold mineralization, with several holes reporting high-grade values: - Hole CA25-523: 0.9 g/t Au over 6.0 m [3] - Hole CA25-524: 5.9 g/t Au over 7.7 m, including 16.7 g/t Au over 2.1 m [4] - Hole CA25-531: 3.2 g/t Au over 12.5 m, including 7.0 g/t Au over 3.0 m [5] - Hole CA25-536: 111.5 g/t Au over 2.0 m, including 339.6 g/t Au over 0.5 m [6] Future Plans - Cartier plans to continue drilling to extend gold mineralization closer to the surface and evaluate new high-priority regional targets at the Contact Sector [8]. - An expansion of the drilling program is being considered to explore the eastern extension of the NCZ, with over 100,000 meters of drilling planned for 2026 [11].