Globex Mining Enterprises Inc. has provided a significant update to its shareholders regarding ongoing exploration activities on its Nordeau Royalty claims in Quebec. The work, conducted by partner Cartier Resources Inc., has led to the identification of a substantial gold discovery known as the North Contact Zone (NCZ).
Major Gold Discovery in Val d'Or Region
The exploration is focused on the Cadillac Property in Vauquelin Township, located approximately 45 kilometers southeast of the prolific mining center of Val d'Or, Quebec. Globex holds a valuable 3% Gross Metal Royalty on the Nordeau claims, which includes the precise area where Cartier has made this important find.
Cartier's drilling campaign has successfully outlined three parallel, high-grade gold zones—designated NCZ1, NCZ2, and NCZ3—over a strike length of roughly 400 meters. Mineralization has been intersected at vertical depths ranging from 100 to 300 meters, indicating a robust system.
Exceptional Drill Results Highlight Potential
The company released assay results from multiple drill holes, with some standout intersections capturing the market's attention. Among the most notable results are from drill hole CA25-536, which intersected a remarkable 111.5 grams per tonne (g/t) gold over 2.0 meters. This interval included an ultra-high-grade section of 339.6 g/t Au over 0.5 meters.
Another significant hole, CA25-5313.2 g/t Au over 12.5 meters, including a higher-grade core of 7.0 g/t Au over 3.0 meters. These results, reported between September and November 2025, demonstrate both grade and width.
The discovery is characterized by the presence of visible gold in the drill core at various intervals, a positive indicator often associated with high-grade systems. True thicknesses of the mineralized zones are estimated to represent between 50% and 85% of the reported core lengths.
Ongoing Exploration and Future Implications
The results published on December 16, 2025, compile findings from four separate press releases issued by Cartier Resources. The ongoing drilling program continues to define the geometry and extent of the gold zones.
For Globex Mining, the discovery on its royalty property represents a potentially significant future revenue stream without the associated capital expenditures of direct mining. The company is publicly traded on the Toronto Stock Exchange under the symbol GMX, as well as on several German exchanges and the OTCQX International in the United States.
This discovery adds to the mineral wealth of the Abitibi region of Quebec, one of the world's premier gold mining districts. The next steps will involve further drilling to expand the known resource and better understand the full economic potential of the North Contact Zone.
