The Prospector News

Cartier Reports Large Drill Program on Globex’s Nordeau Royalty Claims

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Cartier Reports Large Drill Program on Globex’s Nordeau Royalty Claims

 

 

 

 

 

GLOBEX MINING ENTERPRISES INC. (TSX:GMX) (FRA:G1MN)  (OTCQX:GLBXF)  is pleased to inform shareholders that Cartier Resources Inc. (TSX-V: ECR) (FSE: 6CA) has provided an update on the progress of it’s 2024 drill program on it’s Chimo Mine Project, part of which was drilled on Globex’s Nordeau West and Nordeau East royalty claims in Vauquelin Township, Quebec, east of the town of Louvicourt.

 

A total of 48 holes totalling 9,347 m have been completed with 2,307 samples taken for assay of which 66% have been received to date, much of which were on Globex royalty claims. An additional 115 holes totalling 16,000 m is expected to be drilled to test an additional 6.0 km of favorable strike length, some of which will be on Globex’s royalty claims.

 

New reported drill results by Cartier include:

 

– West Nordeau Zone: 7,7 g/t Au sur 2,0 m incluant 13,5 g/t Au sur 1,0 m
13,2 g/t Au sur 2,3 m incluant 46,1 g/t Au sur 0,5 m
7,5 g/t Au sur 2,0 m incluant 20,6 g/t Au sur 0,5 m
 East Nordeau Zone: 11,0 g/t Au sur 2,8 m incluant 17,9 g/t Au sur 1,0 m.

 

 

Globex retains a 3% Gross Metal Royalty on the Nordeau claims.

 

Click here to access Cartier’s Press Release.

 

Chimo Property 2024 Drilling Program – Cartier Resources Inc.

 

 

Chimo Mine Project showing Historical Drill Results – Cartier Resources Inc.

 

 

Chimo Mine Long Section showing Nordeau West – Cartier Resources Inc.

 

 

 Qualified Persons

 

The Cartier’s scientific and technical information in this news release was prepared and reviewed by Mr. Gaétan Lavallière, P.Geo., Ph.D., Vice-President, and Mr. Ronan Déroff, P.Geo., M.Sc., Senior Geologist, Project Manager and Geomatician, both qualified persons as defined in National Instrument 43-101. Mr. Lavallière approved the information contained in Cartier’s press release.

This press release was written by Jack Stoch, P. Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.) under NI 43-101.

 

Posted May 15, 2024

Share this news article

MORE or "UNCATEGORIZED"


Fury Announces Closing of C$18 Million Brokered Financing

Fury Gold Mines Limited (TSX: FURY) (NYSE American: FURY) is plea... READ MORE

October 14, 2025

NEVADA CANYON ANNOUNCES SIGNIFICANT GOLD INTERCEPTS INCLUDING 21.8 G/T AU OVER 4.6 METERS REPORTED AT THE LAPON CANYON GOLD PROJECT

Nevada Canyon Gold Corp. (OTCQX: NGLD) is pleased to announce the... READ MORE

October 14, 2025

Millennial Potash Intersects 101.45m Cumulative Potash Thickness of High-Grade Carnallitite Mineralization in Drillhole BA-004 at its Banio Potash Project in Gabon

Millennial Potash Corp. (TSX-V: MLP) (OTCQB: MLPNF) (FSE: X0D) is... READ MORE

October 14, 2025

ESGold Reports Positive Results from Colombian Tailings

Initial testing confirms favorable gold and silver recoveries fro... READ MORE

October 14, 2025

Canadian Metals Announces Closing of $2.3 Million Private Placement

Canadian Metals Inc. (CSE: CME) is pleased to announce that it ha... READ MORE

October 14, 2025

Copyright 2025 The Prospector News