ROUYN-NORANDA - GLOBEX MINING ENTERPRISES INC. is pleased to inform shareholders that today Starr Peak Mining Ltd. issued an extensive press release in which it reported the following: Deep drilling of the Normetmar trend in hole STE-21-92-W3 has intersected a high-grade copper interval of over 15% chalcopyrite ('Cpy') mineralization over 3.7 metres.

Chalcopyrite is a copper mineral (3% Cpy = 1% Cu).

Recent Deep zone drilling results include 5.03% Zn Eq over 12.5 m in hole STE-22-092-W2, which includes 1.01% Cu.

A new Volcanogenic Massive Sulphide ('VMS') horizon has been discovered in the northern half of the property.

The currently reported drill intersections are on the Deep Zone of the Normetmar orebody and are presented by Starr Peak as follows: Wedge hole STE-22-092-W2 returned 12.5 metres grading 5.03% zinc equivalent including 1.01% copper. Additional wedge hole, STE-21-92-W3, above this hole is reported to have intersected more than 15% chalcopyrite over 3.7 metres. Assays are pending on this wedge hole.

Globex retains a 2.5% Gross Metal Royalty on the Normetmar Zone and retains over one million Starr Peak shares. (Note: Production royalties only pay upon production).

Contact:

Jack Stoch

Tel: 819.797.5242

Fax: 819.797.1470

Email: info@globexmining.com

Web: 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.

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