News Summary
The latest news release, dated December 16, 2025, reports ongoing drill results from Cartier Resources Inc.’s exploration program on the Nordeau Royalty claims, part of the Cadillac Property, in which Globex Mining Enterprises Inc. holds a 3% Gross Metal Royalty (GMR).
Key highlights from the drill results include:
– Several high-grade gold intercepts, such as 7.7 meters grading 5.9 g/t Au (hole CA25-524), 9.0 meters grading 11.0 g/t Au (hole CA25-530), 0.7 meters grading 29.7 g/t Au (hole CA25-546), 2.0 meters grading 111.5 g/t Au (hole CA25-536), and 11.0 meters grading 5.9 g/t Au (hole CA25-551).
– Visible gold was noted in several drill holes.
– The drilling has successfully outlined three parallel high-grade gold zones (NCZ1, NCZ2, NCZ3) over approximately 400 meters of strike length.
– The mineralized system remains open in all directions, indicating further exploration potential.
– Cartier Resources Inc. plans future drilling to extend the mineralization closer to surface and to test new regional targets.
– Jack Stoch, Executive Chairman and CEO of Globex, expressed satisfaction with the reported results.
Material Impact
This news is a material positive development for Globex. The reported drill results from the Nordeau Royalty claims, particularly the bonanza-grade intercept of 111.5 g/t Au over 2.0 meters and other strong high-grade intervals, significantly enhance the intrinsic value of Globex’s 3% GMR on this property. For a project generator like Globex, positive exploration results from royalty properties are highly desirable as they de-risk the asset and increase its potential for future revenue without incurring direct exploration or development costs.
The fact that Cartier Resources, the operator, has outlined three parallel high-grade gold zones that remain open in all directions underscores the significant potential for resource expansion and future production. This validates Globex’s decision to maintain a royalty interest in the property. This latest update builds upon previous news from September 11, 2025, which announced Cartier’s commencement of a substantial 100,000-meter drill program on the Cadillac property, including these Nordeau claims. The strong initial results provide strong validation for that large-scale exploration effort and indicate a high probability of continued success.
The ongoing nature of the exploration program and the clear indications of a robust, open-ended gold system suggest a promising trajectory for the Nordeau project, directly benefiting Globex’s royalty stream.
Catalysts
– Nordeau Royalty Claims (Cartier Resources): Continued drill results from Cartier’s 100,000-meter drill program and any updates on resource estimates or economic studies.
– Rouyn-Merger Gold Property (Globex): Assay results from the remaining four holes of Globex’s recently completed 1,095-meter drill program.
– Lyndhurst Copper Property (Globex): Initial drill results from the ongoing program testing a deep electromagnetic anomaly.
– Bald Hill Antimony Project (Antimony Resources Corp.): Progress on the 6,000-meter Phase Two drill program and updates regarding a maiden resource estimate or economic assessment.
– Mont Sorcier Iron/Vanadium Project (Cerrado Gold): Further advancements on the feasibility study (targeted for Q2 2026) and results from the infill drilling program.
– Duquesne West Gold Property (Emperor Metals Inc.): Additional drill results from the 10,000-15,000-meter program and the release of the updated mineral resource estimate.
– Golden Pike Gold/Antimony Project (Bryah Resources Ltd.): Results from the 1,000-meter drill program aimed at upgrading the resource estimate to JORC-2012 compliance.
– Kewagama Gold Royalty Claims (Radisson Mining Resources Inc.): Updates from Radisson’s expanded drill program targeting high-grade gold zones.
– Mirage Lithium Project (Brunswick Exploration Inc.): Further high-grade lithium drill intercepts and metallurgical test work results.
– Financial Performance: The next quarterly financial statements to assess the performance of its investment portfolio, cash position, and any new option/royalty income.
Materiality Conclusion
The news is Material – Positive. The reported high-grade gold drill intercepts from the Nordeau Royalty claims validate the significant exploration efforts by Cartier Resources and enhance the value of Globex’s 3% Gross Metal Royalty. The presence of bonanza grades and open mineralization suggests substantial upside for this asset, directly contributing to Globex’s long-term value proposition as a project generator.
