Northwire Canada EditionThursday, August 6, 2026
Northwire
ARTG 37.67 +7.3% SAGE 0.120 +4.3% NTR 93.88 −0.3% ERO 42.71 +4.6% EDR 12.55 +7.1% IFOS 2.23 −0.5% URE 1.80 −2.2% AAUC 27.50 +4.3% IMR 0.145 +3.6% EQX 14.50 +7.4% OGC 37.67 +6.8% TFPM 43.89 +4.4% SGD 15.42 +5.4% BKM 2.55 +3.2% OR 45.20 +4.4% CDE 24.46 +7.2% ARTG 37.67 +7.3% SAGE 0.120 +4.3% NTR 93.88 −0.3% ERO 42.71 +4.6% EDR 12.55 +7.1% IFOS 2.23 −0.5% URE 1.80 −2.2% AAUC 27.50 +4.3% IMR 0.145 +3.6% EQX 14.50 +7.4% OGC 37.67 +6.8% TFPM 43.89 +4.4% SGD 15.42 +5.4% BKM 2.55 +3.2% OR 45.20 +4.4% CDE 24.46 +7.2%
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.
Read the original news release →

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