Globex Reports Positive Drill Results at Nordeau Claims

TORONTO, Dec. 16, 2025 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to update shareholders as regards exploration by Cartier Resources Inc. (ECR-TSXV, 6CA-FSE) on Globex’s Nordeau Royalty claims in Vauquelin Township (32C03) 45 km southeast of Val d’Or, Quebec. Globex holds a 3% Gross Metal Royalty on the Nordeau claims including the area where Cartier has made an important gold discovery called the North Contact Zone (NCZ) on Cartier’s Cadillac Property. Cartier has announced drill intersections on the NCZ gold zone intersecting significant gold mineralization between 100 m to 300 m depth. Drilling has outlined three parallel high-grade gold zones NCZ1, NCZ2 and NCZ3 over strike length of approximately 400 metres. The deepest drill holes are CA25-531 which intersected 3.2 g/t Au over 12.5 m including 7.0 g/t Au over 3.0 m and hole CA25-536 which intersected 111.5 g/t Au over 2.0 m including 339.6 g/t Au over 0.5 m.

Globex Mining Enterprises Inc. has announced ongoing drill results from the Nordeau royalty claims, which are part of its efforts to assess potential resources in the area. The recent drilling program has yielded promising results that indicate high-grade mineralization, particularly in gold, which is a significant factor for the company's ongoing exploration strategy.

The recent drilling at Nordeau has been focused on increasing the understanding of the deposit's geometry and the extent of the mineralization. The results obtained from the drill holes are encouraging, highlighting several intervals of significant gold concentrations. Such findings are vital for Globex as they reaffirm the potential value of the Nordeau project in the broader context of their portfolio.

In particular, the results include several impressive assay grades that are above the current market expectations. The gold intercepts provide not only a foundation for potential resource estimation but also enhance the attractiveness of the property for future investment and development opportunities.

Globex has emphasized the importance of strategic partnerships and the ongoing commitment to sustainable exploration practices. The Nordeau project exemplifies their holistic approach to resource extraction – balancing economic viability with environmental responsibility.

As the exploration continues, Globex is keen on maintaining transparency and will provide further updates on the Nordeau project as additional drill results are obtained. Stakeholders are encouraged to keep track of the developments, as future findings could greatly impact the company's market positioning and operational strategies.

This news positions Globex favorably within the mining sector, especially given the current demand for gold and the expected increase in its value. The company’s proactive exploration efforts may place them in a competitive light as they move forward with assessing both the Nordeau and other properties in their portfolio.