Drill Results
Globex Reports Ongoing Drill Results on Nordeau Royalty Claims Discovery

ECR · Price
Executive Summary
- Globex Mining Enterprises reports high‑grade gold intercepts from Cartier Resources’ drilling on the North Contact Zone (NCZ) within Globex’s 3 % Gross Metal Royalty area.
- Notable assays include 111.5 g/t Au over 2.0 m (hole CA25‑536) and 339.6 g/t Au over 0.5 m (same hole), as well as multiple intercepts >10 g/t Au across the NCZ1‑NCZ3 zones.
- The results indicate a robust, open gold system with significant expansion potential; further drilling is planned for 2026 to test additional targets and extend mineralization toward surface.
Key Details
- Royalty Interest: Globex holds a 3 % Gross Metal Royalty on the Nordeau claims where Cartier’s NCZ discovery lies.
- High‑Grade Intercepts (Nov 4 2025):
- Hole CA25‑536: 111.5 g/t Au over 2.0 m (incl. 339.6 g/t Au over 0.5 m) at ~225 m depth (NCZ1).
- Hole CA25‑531: 3.2 g/t Au over 12.5 m (incl. 7.0 g/t Au over 3.0 m) at ~315 m depth (NCZ3).
- Other Significant Intercepts:
- CA25‑532: 11.4 g/t Au over 2.0 m (incl. 22.0 g/t Au over 1.0 m) at ~205 m (NCZ1).
- CA25‑535: 17.0 g/t Au over 1.0 m at ~315 m (NCZ3).
- CA25‑546: 29.7 g/t Au over 0.7 m at ~40 m (NCZ1).
- Drill Program Summary:
- Three parallel high‑grade zones (NCZ1, NCZ2, NCZ3) extending ~400 m strike length.
- Intercepts reported from September 23 to December 2 2025 across 20+ holes, depths ranging from ~25 m to >315 m.
- Exploration Outlook:
- Cartier plans additional drilling in 2026 on other portions of Globex’s royalty area as part of a >100,000 m planned program.
- Objectives include extending mineralization closer to surface (10‑15 m) and testing new regional targets within the Contact Sector.
Notable Quotes
- “The gold system remains robust and open in all directions, suggesting significant expansion potential.” – Jack Stoch, Executive Chairman & CEO, Globex Mining Enterprises Inc.
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