Globex Reports Ongoing Drill Results on Nordeau Royalty Claims Discovery

Key Takeaways:

• Globex holds a 3% Gross Metal Royalty on the Nordeau claims.
• Cartier Resources Inc. identified three parallel gold zones named NCZ1, NCZ2, and NCZ3.
• The North Contact Zone (NCZ) lies between 100 m and 300 m in depth.
• The deepest drill holes intersected high-grade intervals, including 111.5 g/t Au over 2.0 m.
• The strike length of the NCZ spans approximately 400 meters.

Background on Nordeau Royalty Claims

Globex Mining Enterprises Inc. recently provided an update on its Nordeau Royalty claims, located in Vauquelin Township, about 45 kilometers southeast of Val d’Or, Quebec. The company holds a 3% Gross Metal Royalty on the property, a significant stake that underscores its investment in the project’s future potential.

Discovery at the North Contact Zone

Cartier Resources Inc., the operator of the drilling program, has made a noteworthy gold discovery called the North Contact Zone (NCZ). This emerging zone sits within the broader Cadillac Property and has shown multiple intersections of strong gold mineralization from 100 to 300 meters in depth.

Three Parallel Gold Zones

Through ongoing exploration, Cartier outlined three parallel high-grade gold zones—NCZ1, NCZ2, and NCZ3—extending across roughly 400 meters of strike length. These zones are demonstrating continuity and grade, suggesting that the Nordeau Royalty claims could host a promising resource.

Significant Drill Intersections

Notable drill holes include CA25-531, which intersected 3.2 grams per tonne (g/t) gold over 12.5 meters, including a higher-grade section of 7.0 g/t gold over 3.0 meters. Another standout is hole CA25-536, which returned an impressive 111.5 g/t gold over 2.0 meters, including a 339.6 g/t gold interval over 0.5 meters. These high grades underpin the rising optimism about the property’s prospectivity.

Implications for Future Exploration

While Globex’s announcement serves as an update rather than a conclusive resource estimate, it underscores growing excitement around the property. The presence of high-grade intervals at depth and the three parallel zones could lead to further drilling campaigns designed to expand these zones and confirm their extent.

Looking Ahead

Globex’s continued partnership with Cartier Resources will remain pivotal as both parties delve deeper into the potential of the Nordeau Royalty claims. With drilling ongoing and promising early results, exploration at this site will continue to attract attention in the mining community, highlighting the role of Quebec as a globally recognized gold mining region.