Globex Mining posts ongoing drill results on Nordeau Royalty claims discovery, Quebec
Globex Mining Enterprises Inc. [TSX: GMX; Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges: G1MN; OTCQX International in the US: GLBXF] reported exploration activities by Cartier Resources Inc. [ECR-TSXV; 6CA-FSE] on Globex’s Nordeau Royalty claims in Vauquelin Township (32C03) 45 km southeast of Val d’Or, Quebec.
Globex holds a 3% Gross Metal Royalty on the Nordeau claims including the area where Cartier has made an important gold discovery called the North Contact Zone (NCZ) on Cartier’s Cadillac Property.
Cartier announced drill intersections on the NCZ gold zone intersecting significant gold mineralization between 100 metres to 300 metres depth. Drilling has outlined three parallel high-grade gold zones NCZ1, NCZ2 and NCZ3 over strike length of approximately 400 metres. The deepest drill holes are CA25-531 which intersected 3.2 g/t Au over 12.5 metres, including 7.0 g/t Au over 3.0 metres and hole CA25-536 which intersected 111.5 g/t Au over 2.0 metres including 339.6 g/t Au over 0.5 metres.
Cartier reports that drilling to date suggest that “the gold system remains robust and open in all directions, suggesting significant expansion potential. Upcoming drilling is required on NCZ to extend gold mineralization closer to surface (10-15 m) to support a future gold inventory. Further exploration drilling is already planned to test several new high priority regional targets at Contact Sector. Cartier is now evaluating an expansion of its drilling program toward the eastern extension of the NCZ.”
Globex is pleased by the good results reported by Cartier on Globex’s royalty claims. In 2026 Cartier will be drilling on other portions of Globex’s royalty claims as part of their greater than 100,000-metre planned drill program.
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