GLOBEX MINING ENTERPRISES INC. (TSX:GMX) (FRA:G1MN) (OTCQX:GLBXF) is pleased to provide a brief update regarding exploration by Emperor Metals Inc. currently underway on the Duquesne West Gold Property under option from Duparquet Assets Ltd. which is owned 50% by Globex and 50% by Géoconseils Jack Stoch Ltée.

Emperor has reported in today’s press release that they have completed 2,500 metres of the 8,000 metre drill program. The first 2,500 metres was focused on the western conceptual open-pit model discussed in previous Emperor press releases.

The remaining 5,500 metres will now focus on the NIP Gold Zone near the eastern boundary of the property and the area between the conceptual open-pit model and the NIP Zone (see Figure 1 below) with the focus of joining the two.

An IP survey has outlined priority target areas in the NIP Zone which will be tested (see Figure 2 below).

The NIP Zone includes multiple high-grade gold intercepts such as those shown in Table 1 below.

Globex is pleased with the work undertaken by Emperor so far and looks forward to their efforts at expanding the conceptual open-pit model further to the east.

In other company news, Globex has received a cash payment of $75,000 and 981,693 Maple Gold Mines Ltd. Shares as required under the Eagle Gold Mine option.

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