Northwire Canada EditionFriday, November 13, 2026
Northwire
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Gold 3,885.40 +0.0% Silver 49.05 −2.0% Copper 6.08 −1.8% Oil 88.68 −0.1% Palladium 1,007.25 +1.6% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.11 −6.6% XTG 2.05 +2.5% RUA 1.09 −0.9% TUF 0.610 −1.6% NEXG 1.12 −1.3% ELEF 0.280 +0.0% LVG 0.330 −2.9% BBB 0.510 +2.0% NGC 0.060 +0.0% ABRA 10.59 −1.8% OBUL 0.340 −1.4% MKO 10.71 −1.0% SGML 7.28 +2.8% Gold 3,885.40 +0.0% Silver 49.05 −2.0% Copper 6.08 −1.8% Oil 88.68 −0.1% Palladium 1,007.25 +1.6% BMR 0.165 +0.0% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.11 −6.6% XTG 2.05 +2.5% RUA 1.09 −0.9% TUF 0.610 −1.6% NEXG 1.12 −1.3% ELEF 0.280 +0.0% LVG 0.330 −2.9% BBB 0.510 +2.0% NGC 0.060 +0.0% ABRA 10.59 −1.8% OBUL 0.340 −1.4% MKO 10.71 −1.0% SGML 7.28 +2.8%
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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