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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.
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Assay results from drill holes on the NCZ have been reported in 4 press releases by Cartier Resources. The pertinent drill results are listed below as reported by Cartier in chronological order of publication.
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Table 1: Drill Hole Best Assay Results From the Contact Sector in September 23, 2025 Cartier Press Release
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| Hole Number | From (m) | To (m) | Core Length** (m) | Au (g/t) Uncut | Vertical Depth (m) | Zone |
| CA25-523 | 207.0 | 213.0 | 6.0 | 0.9* | ≈155 | North Contact (3) |
| CA25-524 | 227.8 | 235.5 | 7.7 | 5.9* | ≈195 | North Contact (3) |
| Including | 228.4 | 230.5 | 2.1 | 16.7* | ||
| CA25-525 | 201.4 | 203.4 | 2.0 | 4.3 | ≈180 | North Contact (1) |
| And | 233.8 | 246.0 | 12.2 | 1.3 | ≈215 | North Contact (2) |
| And | 277.0 | 285.0 | 8.0 | 1.2 | ≈255 | North Contact (3) |
| And | 295.0 | 303.0 | 8.0 | 1.0 | ≈270 | North Contact (3) |
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* Occurrences of visible gold (VG) have been noted in the drill core at various intervals. ** Based on the observed intercept angles within the drill core, true thicknesses are estimated to represent approximately 55–80% of the reported core length intervals.
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Table 2: Drill Hole Best Assay Results From Contact Sector in October 21, 2025 Cartier Press Release
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| Hole Number | From (m) | To (m) | Core Length** (m) | Au (g/t) Uncut | Vertical Depth (m) | Zone |
| CA25-526 | 239.0 | 239.5 | 0.5 | 11.7 | ≈230 | North Contact (1) |
| And | 277.1 | 282.1 | 5.0 | 1.1 | ≈270 | North Contact (2) |
| CA25-527 | 252.0 | 262.0 | 10.0 | 1.0 | ≈250 | North Contact (2) |
| And | 322.0 | 340.0 | 18.0 | 2.2 | ≈325 | North Contact (3) |
| Including | 339.0 | 340.0 | 1.0 | 27.0 | ||
| CA25-528 | 194.0 | 205.0 | 11.0 | 1.0* | ≈160 | North Contact (3) |
| CA25-529 | 151.0 | 152.0 | 1.0 | 6.2 | ≈135 | North Contact (1) |
| And | 237.0 | 241.0 | 4.0 | 4.3 | ≈215 | North Contact (3) |
| Including | 240.0 | 241.0 | 1.0 | 6.1 | ||
| CA25-530 | 209.0 | 209.5 | 0.5 | 10.4* | ≈200 | North Contact (1) |
| And | 280.0 | 289.0 | 9.0 | 11.0* | ≈270 | North Contact (3) |
| Including | 282.0 | 284.5 | 2.5 | 30.2* |
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* Occurrences of visible gold (VG) have been noted in the drill core at various intervals. ** Based on the observed intercept angles within the drill core, true thicknesses are estimated to represent approximately 50–85% of the reported core length intervals.
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Table 3: Drill Hole Best Assay Results From Contact Sector November 4, 2025 Cartier Press Release
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| Hole Number | From (m) | To (m) | Core Length** (m) | Au (g/t) Uncut | Vertical Depth (m) | Zone |
| CA25-531 | 328.5 | 341.0 | 12.5 | 3.2 | ≈315 | NCZ3 |
| Including | 328.5 | 331.5 | 3.0 | 7.0 | ||
| Including | 338.0 | 341.0 | 3.0 | 5.8 | ||
| CA25-532 | 223.0 | 225.0 | 2.0 | 11.4 | ≈205 | NCZ1 |
| Including | 224.0 | 225.0 | 1.0 | 22.0 | ||
| And | 287.5 | 295.0 | 7.5 | 1.8* | ≈265 | NCZ3 |
| CA25-533 | 227.3 | 232.0 | 4.7 | 3.9 | ≈220 | NCZ3 |
| Including | 227.3 | 228.0 | 0.7 | 11.0 | ||
| CA25-534 | 195.0 | 198.0 | 3.0 | 2.5 | ≈190 | NCZ1 |
| CA25-535 | 227.0 | 229.0 | 2.0 | 9.6 | ≈225 | NCZ1 |
| Including | 227.0 | 228.0 | 1.0 | 17.1 | ||
| And | 307.0 | 315.0 | 8.0 | 2.0 | ≈305 | NCZ3 |
| Including | 314.0 | 315.0 | 1.0 | 7.7 | ||
| CA25-536 | 226.0 | 228.0 | 2.0 | 111.5* | ≈225 | NCZ1 |
| Including | 226.9 | 227.4 | 0.5 | 339.6* | ||
| And | 308.0 | 315.0 | 7.0 | 1.9 | ≈305 | NCZ3 |
| Including | 308.0 | 309.0 | 1.0 | 10.8 |

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