Globex Mining Ent (TSE:GMX) has released an update.
Globex Mining Enterprises has announced that Cartier Resources Inc. has completed a substantial drill program on their Chimo Mine Project, with significant gold findings on Globex’s Nordeau royalty claims. Noteworthy results include high-grade gold intercepts, and further drilling is planned to explore additional strike length on these claims. Globex benefits from this through a 3% Gross Metal Royalty on the Nordeau claims.
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