Globex Mining Enterprises Inc. has released the final assay results from its 2025 exploration drilling program on its wholly-owned Rouyn-Merger property, located east of Rouyn-Noranda, Quebec. The company reported significant gold intersections, highlighting the continued potential of the East O'Neil occurrence adjacent to the prolific Cadillac Break.
Final Drill Hole Results Reveal High-Grade Gold
The recently completed drill program consisted of six holes totaling 1,095 metres. The final four holes, designated RM-25-03 through RM-25-06, were drilled in the area of the East O'Neil gold occurrence. Two of these holes returned substantial gold values.
Hole RM-25-05 intersected a high-grade zone of 13.06 grams per tonne gold (g/t Au) over a core length of 4.7 metres. Meanwhile, hole RM-25-03 cut 2.74 g/t Au over 9.0 metres, including a higher-grade section of 4.90 g/t Au over 4.5 metres. Holes RM-25-04 and RM-25-06 did not return significant values.
Previously Reported Results from the 2025 Program
These latest findings follow results from the first two holes of the program, which were reported on December 9, 2025. Those earlier holes also delivered strong results.
Hole RM-25-01 intersected 3.44 g/t Au over an impressive 38.7 metres, including higher-grade intervals of 12.60 g/t Au over 6.7 metres and 4.59 g/t Au over 6.3 metres. Hole RM-25-02 cut 3.47 g/t Au over 26.4 metres, which included a high-grade section of 11.67 g/t Au over 6.1 metres.
Geological Context and Mineralization
The Rouyn-Merger property is strategically positioned along the gold-localizing Cadillac Break, a major geological structure in the Abitibi greenstone belt. The drill holes encountered a sequence of finely bedded intermediate tuff, a gabbro-injected transition zone, a more massive gabbro sill, and a conglomerate unit.
The gold mineralization is associated with moderate to strongly silicified zones containing disseminated, patchy, or veined pyrite, typically making up to 25% of the rock. Visible gold has been observed in association with the pyrite mineralization, confirming the nature of the deposit.
Globex has also incorporated historical drilling data into its assessment. While much of the historical core was not assayed, the company has identified several notable composite intersections from past work, further supporting the property's potential. The true widths of the reported mineralized intersections are not currently known.
The company's shares trade on the Toronto Stock Exchange under the symbol GMX, on several German exchanges under G1MN, and on the OTCQX International in the United States under GLBXF.
