Cartier Reports Large Drill Program on Globex’s Nordeau Royalty Claims
15 May 2024 - 11:00PM
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 inform shareholders
that Cartier Resources Inc. (TSXV: 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
m13,2 g/t Au sur 2,3 m incluant 46,1 g/t Au sur
0,5 m7,5 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.
We Seek Safe Harbour. |
Foreign Private Issuer 12g3 – 2(b) |
|
CUSIP Number 379900 50 9LEI 529900XYUKGG3LF9PY95 |
For further information, contact: |
Jack Stoch, P.Geo., Acc.Dir.President & CEOGlobex Mining
Enterprises Inc.86, 14th StreetRouyn-Noranda, Quebec Canada J9X
2J1 |
Tel.: 819-797-5242Fax: 819-797-1470 info@globexmining.com
www.globexmining.com |
Forward Looking Statements:
Except for historical information, this news release may contain
certain “forward looking statements”. These statements may
involve a number of known and unknown risks and uncertainties and
other factors that may cause the actual results, level of activity
and performance to be materially different from the expectations
and projections of Globex Mining Enterprises Inc. (“Globex”).
No assurance can be given that any events anticipated by the
forward-looking information will transpire or occur, or if any of
them do so, what benefits Globex will derive therefrom. A
more detailed discussion of the risks is available in the “Annual
Information Form” filed by Globex on SEDAR at www.sedar.com.
Photos accompanying this announcement are available
athttps://www.globenewswire.com/NewsRoom/AttachmentNg/68c1b59d-d873-48fc-92a4-420916a49433https://www.globenewswire.com/NewsRoom/AttachmentNg/a53847a4-971a-4c46-a5d4-39896da8a84dhttps://www.globenewswire.com/NewsRoom/AttachmentNg/61f94beb-9da1-449c-8d69-7886f2bae489
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