High-Grade Gold Drill Results from East Nordeau Zone

TORONTO, Feb. 23, 2026 (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 on exploration drilling by Cartier Resources Inc. (ECR-TSXV, 6CA-FSE) on Globex’s Nordeau Royalty claims (Exhibit 1) 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 identified a new gold zone called the East Nordeau Zone on Cartier’s Cadillac Property. Late last year Cartier embarked on an aggressive 600 drill hole, 100,000 metre drill program on its Cadillac property.

The article discusses the latest high-grade gold drill results from the East Nordeau Zone located on Globex Royalty's claims. This area is situated in the province of Quebec, Canada, and has become a focal point for gold mining exploration and development.

Globex Royalty Corp. has recently reported on drilling results that indicate significant gold mineralization. The company highlights the exceptional grades encountered in their drilling activities, showcasing the potential of the East Nordeau Zone to yield substantial quantities of gold. The drills were aimed at expanding the knowledge of the mineral resources available in the area, and the reported results have excited investors and stakeholders in the mining sector.

The positive outcomes from the drilling program are seen as an affirmation of Globex's strategy to develop its mineral claims further. The results not only reflect successful drilling campaigns but also the geological attributes of the region that favor gold deposition. This can increase the attractiveness of the East Nordeau Zone for future mining operations and possibly enhance the overall valuation of Globex's royalty claims.

Furthermore, the company is positioned well within the gold market, which is currently witnessing a resurgence in demand due to various economic factors. With these drill results, there is a heightened interest from potential partners and investors looking to capitalize on the growing opportunities within the gold mining industry.

The East Nordeau Zone’s drilling program is part of a broader initiative by Globex Royalty to leverage its mineral properties effectively. The success in drilling not only underscores the potential yield of gold but also showcases the company's commitment to exploring and enhancing its resource base in Canada.