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    <title>Globex Mining Enterprises Inc - Latest Press Releases on ReleaseWire</title>
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      <title>Update on Various Globex Optioned Assets</title>
      <link>http://www.releasewire.com/press-releases/update-on-various-globex-optioned-assets-823159.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Rouyn-Noranda, QC -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 06/20/2017 --  GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang &amp; Schwarz Stock Exchanges and GLBXF – OTCQX International) is pleased to update shareholders regarding various optioned and royalty projects.<br />
<br />
RJK Exploration Ltd. on June 19, 2017 reported additional results from their drilling on Globex&apos;s Maude Lake Property.   Drill results include 12.6 m grading 4.50 g/t Au in hole RJK-17-06.  Hole RJK 17-06 returned the following: (<a class="extlink"  target="_blank"  rel="nofollow noopener" title="Click here to view charts and graphs" href="https://upticknewswire.com/wp-content/uploads/2017/06/6-20-17-Option-Update.pdf">Click here to view charts and graphs</a>)<br />
<br />
Hole RJK-17-06 targeted a gold zone in historic hole 85-06 which intersected 17.56 g/t Au over 8.08 m.  The gold zone in hole RJK-17?-06 was intersected 15 m to the north of the gold intersection in historic hole 85-06.<br />
<br />
RJK is also drilling a deep hole in a hitherto untested area to test a large deep geophysical anomaly.<br />
<br />
Please see RJK&apos;s <a class="extlink"  target="_blank"  rel="nofollow noopener" title="press releases dated June 12 and 19, 2017 for details" href="http://www.rjkexplorations.com/news/">press releases dated June 12 and 19, 2017 for details</a>.<br />
<br />
Under the RJK/Globex agreement, RJK pays Globex an annual cash payment of $250,000.  The next payment is due on July 16, 2017.  Globex retains a 2.5 % Gross Metal Royalty on all production from the property.<br />
<br />
Tres-Or Resources Ltd. has released assay results from the first two drill holes of their drill program on Globex&apos;s Fontana Gold Property, northeast of Amos, Quebec. (<a class="extlink"  target="_blank"  rel="nofollow noopener" title="Click here to view charts and graphs" href="https://upticknewswire.com/wp-content/uploads/2017/06/6-20-17-Option-Update.pdf">Click here to view charts and graphs</a>)<br />
<br />
See Tres-Or Resources <a class="extlink"  target="_blank"  rel="nofollow noopener" title="press release dated May 31, 2017 for details" href="http://www.tres-or.com/news">press release dated May 31, 2017 for details</a>.<br />
<br />
Globex retains a 3% Gross Metal Royalty on the Fontana claims and continues to receive option payments as per the option agreement.<br />
<br />
On June 14, 2017 Sayona Mining Ltd. announced an updated JORC-compliant Mineral Resource on the Authier Lithium Project.  Contained Lithium oxide increased 21%.  The following resource was announced: (<a class="extlink"  target="_blank"  rel="nofollow noopener" title="Click here to view charts and graphs" href="https://upticknewswire.com/wp-content/uploads/2017/06/6-20-17-Option-Update.pdf">Click here to view charts and graphs</a>)<br />
<br />
Globex retains a 1% Gross Metal Royalty on one claim over the center of the proposed open pit as well as royalties on other portions of the property.  Visit Sayona&apos;s website <a class="extlink"  target="_blank"  rel="nofollow noopener" title="www.sayonamining.com.au" href="http://www.sayonamining.com.au">www.sayonamining.com.au</a> for details.<br />
<br />
Chalice Gold Mines Ltd. has renewed work on their East Cadillac Gold Project which includes Globex&apos;s Nordeau East and West Properties.    Globex optioned the Nordeau properties to Chalice in exchange for cash payments totaling $590,000 over 4 years, expenditures of $2.5 million and a 3% Gross Metal Royalty.<br />
<br />
On March 7, 2017, Chalice published results of a NI 43-101 Technical Report and Mineral Resource Estimate by MRB &amp; Associates (John Langton, P.Geo, Abderrazak Ladidi, P.Geo) dated February 12, 2017 on the East Cadillac Gold Project with an updated mineral resource estimate on the Nordeau West Gold Zone as follows: (<a class="extlink"  target="_blank"  rel="nofollow noopener" title="Click here to view chart and graph" href="https://upticknewswire.com/wp-content/uploads/2017/06/6-20-17-Option-Update.pdf">Click here to view chart and graph</a>)<br />
<br />
The Technical Report and Resource Estimate is available on SEDAR and on Globex&apos;s website.<br />
<br />
Manganese X Energy Corp. has started a 1,600 metre drill program on Globex&apos;s Houlton Woodstock Manganese Royalty Property in New Brunswick.  In particular, the Sharpe and Moody Hill areas are being targeted where wide space drill holes in 2016 intersected manganese oxide grades such as 16.73% MnO over 32.85 m and 13.87 % MnO over 52.6 m.  (See Manganese X press release dated May 25, 2017 for details.)  Globex retains a 3% Gross Metal Royalty on all production from the property.<br />
<br />
Enerspar Corp.  is currently finalizing plans for their summer work program on the Johan Beetz Feldspar Property purchased from Globex.  Feldspar has many uses including the expanding tempered glass market.  Globex retains a 2.5% Gross Metal Royalty on all production from the property.    <br />
<br />
Visit the Enerspar Corp. website at <a class="extlink"  target="_blank"  rel="nofollow noopener" title="www.Enerspar.com" href="http://www.Enerspar.com">www.Enerspar.com</a> for more details on the property.<br />
<br />
Enforcer Gold Corp. is actively exploring on Globex&apos;s Montalembert high grade gold property.  On June 6, 2017, they announced the start of a 45 line-km IP survey over the main Galena and No 2 vein gold bearing vein systems.  Other work including additional stripping to extend the Galena and No2 veins, channel sampling, property-wide prospecting and geochemical sampling, 5,000 m to 8,000 m of core drilling and 1,000 m of RC drilling are planned.    Globex retains a 3.5% Gross Metal Royalty on all production from the property but a 6% Gross Metal Royalty on the first 150,000 ounces of gold produced.  See Globex press release dated November 17, 2016 for full option terms.<br />
<br />
On April 25, 2017, Khalkos Exploration Inc. announced that it has purchased 3 claims from Globex.  On May 23, 2017, Khalkos entered into an option agreement with Dundee Precious Metals Inc. wherein Dundee may earn up to 71% interest in Khalko&apos;s Malartic property which includes Globex&apos;s three royalty claim by expenditures totalling $6 million.    It is expected that exploration expenditures will include work on Globex&apos;s 2% Gross Metal Royalty claims.<br />
<br />
Great Thunder Gold Corp has engaged a P.Geo to identify drill targets and apply for drill permits on Globex&apos;s Chubb and Bouvier Lithium Properties, south of Amos, Quebec.  Both properties have surface exposures and drill hole intersections of lithium bearing spodumene.  Globex retains a 2% Gross Metal Royalty on all production from the claims.<br />
<br />
On May 18, 2017, Nyrstar NV published a JORC disclosure conformable resource update to December 31, 2016 on their mines including the Middle Tennessee Mines (Gordonsville, Elmwood and Cumberland Mines) on which Globex retains a 1.4% Royalty at current zinc prices.<br />
<br />
The resource is based upon a Mineral and Ore Reserve Statement by Independent Competent Persons J. Morton Shannon, P.Geo (APGO and APEGBC) for the Mineral Resources and Gary Methven, P.Ing. (APEGBC), for the Ore Reserves, both of AMC Mining Consultants (Canada) Limited.<br />
<br />
The published resource is the following: (<a class="extlink"  target="_blank"  rel="nofollow noopener" title="Click here to view chart and graph" href="https://upticknewswire.com/wp-content/uploads/2017/06/6-20-17-Option-Update.pdf">Click here to view chart and graph</a>)<br />
<br />
Nyrstar is currently reactivating the Middle Tennessee mining and milling operations.  It was reported in Nyrstar&apos;s first quarter report that "the Middle Tennessee mine is re-starting ahead of its previously communicated schedule with mill processing operations to be commenced in Q2 2017 and full capacity of 50 Kt per annum of zinc in concentrate to be reached by November 2017."  Globex expects to begin receiving royalty payments before year end.<br />
<br />
The Sayona Mining Limited, Chalice Gold Mines Limited and Nyrstar NV resource and reserve calculations reported herein were undertaken by qualified persons in their respective reporting jurisdictions.    The resource and reserve calculations have not been reviewed by a qualified person for Globex under National Instrument 43?101.  This being the case, we are required to indicate that the resources and reserves are not being considered by Globex as current and should not be relied upon.<br />
<br />
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.<br />
<br />
About Globex<br />
Globex Mining Enterprises Inc. is a North American focused exploration and development project generator which seeks to create shareholder value by acquiring mineral properties, undertaking limited exploration and therefore readying them for optioning, joint venturing, or outright sale. Our current mineral portfolio consists of approximately 145 early to mid-stage exploration, development and royalty properties which contain Base Metals (copper, nickel, zinc, lead), Precious Metals (gold, silver, platinum, palladium), Specialty Metals and Minerals (manganese, titanium oxide, iron, molybdenum, lithium, rare earths and associated elements) and Industrial Minerals (mica, silica, potash, feldspar, pyrophyllite as well as talc and magnesite).<br />
<br />
We Seek Safe Harbour.<br />
<br />
Forward Looking Statements:  <br />
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 <a class="extlink"  rel="nofollow noopener"  target="_blank"  title="http://www.sedar.com" href="http://www.sedar.com">http://www.sedar.com</a>.<br />
<br />
Foreign Private Issuer 12g3 – 2(b) CUSIP Number  379900 50 9<br />
<br />
For further information, contact:<br />
Jack Stoch, P.Geo., Acc.Dir.<br />
President &amp; CEO<br />
Globex Mining Enterprises Inc.<br />
Tel.:  819-797-5242<br />
Fax:  819-797-1470<br />
info@globexmining.com<br />
<a class="extlink"  target="_blank"  rel="nofollow noopener" title="www.globexmining.com" href="http://www.globexmining.com">www.globexmining.com</a><br />
86, 14th Street Rouyn-Noranda, Quebec Canada  J9X 2J1<br />
<br />
Source: <a class="extlink"  target="_blank"  rel="nofollow noopener" title="Uptick Newswire" href="https://upticknewswire.com/update-on-various-globex-optioned-assets">Uptick Newswire</a></p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/update-on-various-globex-optioned-assets-823159.htm">http://www.releasewire.com/press-releases/update-on-various-globex-optioned-assets-823159.htm</a></p></div><h2>Media Relations Contact</h2><p>Jack Stoch<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/823159">Click to Email Jack Stoch</a><br />Web: <a rel="nofollow" href="http://www.globexmining.com">http://www.globexmining.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=823159&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 20 Jun 2017 12:46:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/update-on-various-globex-optioned-assets-823159.htm</guid>
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      <title>Grab Samples Grade Up to 13.06 G/t Au at Francoeur/Arntfield All Directors Re-Appointed and Resolutions Approved</title>
      <link>http://www.releasewire.com/press-releases/grab-samples-grade-up-to-1306-gt-au-at-francoeurarntfield-all-directors-re-appointed-and-resolutions-approved-815023.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Rouyn-Noranda, QC -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 06/01/2017 --  GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang &amp; Schwarz Stock Exchanges and GLBXF – OTCQX International).<br />
<br />
On May 30, 2017, Globex provided shareholders with our principal observations and conclusions from our initial review of Francoeur and Arntfield Gold Mine property data.<br />
<br />
As indicated in the press release, field visits were undertaken to a number of outcrops areas directly east and approximately 220 m to 330 m along strike of the drill hole FS-16-35 shallow gold intersection of 1.19 g/t Au over 40.19 m reported in a press release of January 25, 2017.<br />
<br />
Two samples from an old trench found approximately 240 m east of our drill hole returned assays of 13.06 g/t Au and 1.68 g/t Au.  Further to the east grab samples from various outcrops were for the most part anomalous in gold with individual assays of up to 4.08 gpt Au.<br />
<br />
At the same time, Globex geologists located, 750 m southeast of our drill hole, an old trench partially exposed over a 20 m length which in grab samples returned the following assays as well as a number of highly anomalous values, 10.18 g/t Au, 10.15 g/t Au, 9.53 g/t Au, 6.79 g/t Au and 1.54 g/t Au. (Note: Grab samples are selective by nature and are unlikely to be representative of average grades.<br />
<br />
These samples represent part of the surface expression and envelope of the Francoeur Number 1 gold zone which was selectively mined underground at a small scale in the late 30&apos;s early 40&apos;s.  It is instructive that surface material with such high gold values was deemed not worth following up upon and mining and demonstrates the potential of exploring for a large tonnage low grade near surface gold deposit.<br />
<br />
Globex has requested a permit to do three 100 m long trenches in the area of Globex&apos;s wide gold drill hole intersection.  In addition, Globex will map, strip and channel sample large outcrop area to the east of the drill hole where grade samples returned numerous signification gold assays. Globex has also initiated preliminary surface visits to areas along the Francoeur-Wasa shear zone where historical trenching and surface sampling has indicated gold values as demonstrated in this press release.<br />
<br />
Globex is also pleased to announce that all of the nominees listed in its management proxy circular dated April 21, 2017 were re-elected as directors at Globex&apos;s annual and special meeting of shareholders held yesterday in Rouyn-Noranda.<br />
<br />
At the meeting, a ballot was conducted for the election of directors.   The following individuals were re-elected as directors of Globex, with the following results:<br />
<br />
Name of Nominee          Votes for        %     Votes Withheld    %<br />
Jack Stoch	         11,243,913	99.95	    5,900        0.05<br />
Dianne Stoch	         11,244,863	99.96	    4,950	 0.04<br />
Chris Bryan	         11,238,413	99.90	    11,400	 0.10<br />
Ian Atkinson	         11,204,913	99.60	    44,900       0.40<br />
Johannes H C van Hoof	 11,244,913	99.96	    4,900	 0.04<br />
<br />
Director biographies are available in the Management section of Globex&apos;s website at <a class="extlink"  target="_blank"  rel="nofollow noopener" title="www.globexmining.com" href="http://www.globexmining.com">www.globexmining.com</a>.<br />
<br />
At the meeting, Globex&apos;s shareholders also adopted a resolution ratifying and approving Globex&apos;s Amended and Restated Shareholder Rights Plan, as required by the Toronto Stock Exchange. Shareholders also re-appointed Deloitte LLP, Chartered Professional Accountants as Globex&apos;s auditor.<br />
<br />
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.<br />
<br />
We Seek Safe Harbour.<br />
<br />
Foreign Private Issuer 12g3 – 2(b)<br />
CUSIP Number 379900 50 9<br />
<br />
For further information, contact:<br />
Jack Stoch, P.Geo., Acc.Dir. President &amp; CEO<br />
Globex Mining Enterprises Inc.<br />
86, 14th Street Rouyn-Noranda, Quebec Canada J9X 2J1<br />
Tel: 819-797-5242<br />
Fax: 819-797-1470 info@globexmining.com <br />
<a class="extlink"  target="_blank"  rel="nofollow noopener" title="www.globexmining.com" href="http://www.globexmining.com">www.globexmining.com</a><br />
<br />
Forward Looking Statements: <br />
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 <a class="extlink"  target="_blank"  rel="nofollow noopener" title="www.sedar.com" href="http://www.sedar.com">www.sedar.com</a>.<br />
<br />
Source: <a class="extlink"  target="_blank"  rel="nofollow noopener" title="Uptick Newswire" href="https://upticknewswire.com/grab-samples-grade-13-06-gt-au-francoeurarntfield-directors-re?appointed-resolutions-approved">Uptick Newswire</a></p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/grab-samples-grade-up-to-1306-gt-au-at-francoeurarntfield-all-directors-re-appointed-and-resolutions-approved-815023.htm">http://www.releasewire.com/press-releases/grab-samples-grade-up-to-1306-gt-au-at-francoeurarntfield-all-directors-re-appointed-and-resolutions-approved-815023.htm</a></p></div><h2>Media Relations Contact</h2><p>Jack Stoch<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/815023">Click to Email Jack Stoch</a><br />Web: <a rel="nofollow" href="http://www.globexmining.com">http://www.globexmining.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=815023&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Thu, 01 Jun 2017 14:23:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/grab-samples-grade-up-to-1306-gt-au-at-francoeurarntfield-all-directors-re-appointed-and-resolutions-approved-815023.htm</guid>
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      <title>Globex Update: Francoeur Mine Property, Quebec</title>
      <link>http://www.releasewire.com/press-releases/globex-update-francoeur-mine-property-quebec-813976.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Rouyn-Noranda, QC -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 05/30/2017 --  GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang &amp; Schwarz Stock Exchanges and GLBXF – OTCQX International) wishes to provide an update as regards our Francoeur/Arntfield gold property located in Dasserat and Beauchastel Townships, Quebec. The property covers approximately 7.5 km of the gold localizing Francoeur-Wasa Shear Zone and includes the Francoeur and Arntfield Gold Mines.<br />
<br />
On January 25, 2017, Globex announced a near surface gold intersection grading 1.19 gpt Au over a true width of 40.19 m (132 ft).<br />
<br />
Since then Globex has been compiling and studying historical data and visiting outcrop areas with a large tonnage low grade gold mine scenario in mind. Our initial conclusions are the following:<br />
<br />
Historical exploration and mining was focused on narrow high grade gold shears and veins which could be mined by traditional underground mining methods.<br />
<br />
In the vast majority of cases, assaying of drill holes was confined to defined targets such as quartz veins and highly altered, heavily mineralized zones.<br />
<br />
Country rock, even weakly to moderately altered or mineralized rock, was in many cases not assayed. Globex&apos;s assaying of such material returned 1.15 gpt Au over 40.19 m true width in our drill hole FS-16-35. (See press release dated January 25, 2017)<br />
<br />
In some cases, in drilling or surface trenching, where wide sections of core were assayed, wide zones of low grade gold values were defined but ignored as uneconomic for example: ( 2.40 gpt Au over 32 m, 1.71 gpt Au over 8.38 m and 1.71 gpt Au over 17.98 m).<br />
<br />
Mining undertaken on the Francoeur Mine property was confined to higher grade targets and country rock was not assayed. Core was logged but not retained.<br />
<br />
Only shallow mining was undertaken on the various Arntfield gold zones and where mining occurred, it was confined to narrow gold bearing quartz veins.<br />
<br />
Field visits to a number of outcrop areas along the Francoeur-Wasa gold localizing shear zone have confirmed wide zones of silicification, disseminated sulphide mineralization (often very heavy), hematization and other alterations typically found in association with gold mineralization. In addition, numerous historical individual grab samples taken from these outcrops report gold assays up to 22 gpt Au.<br />
<br />
Globex has requested a permit to do three 100 m long trenches in the area of Globex&apos;s wide gold drill hole intersection. In addition, Globex will map, strip and channel sample large outcrop area to the east of the drill hole where grade samples returned numerous signification gold assays. Globex has also initiated preliminary surface visits to areas along the Francoeur- Wasa shear zone where historical trenching and surface sampling has indicated gold values. We expect to be able to report initial grab sample results shortly.<br />
<br />
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.<br />
<br />
We Seek Safe Harbour.<br />
Foreign Private Issuer 12g3 – 2(b) CUSIP Number 379900 50 9<br />
<br />
For further information, contact:<br />
Jack Stoch, P.Geo., Acc.Dir. President &amp; CEO<br />
Globex Mining Enterprises Inc.<br />
86, 14th Street<br />
Rouyn Noranda, Quebec Canada J9X 2J1<br />
Tel.: 819-797-5242<br />
Fax: 819-797-1470<br />
info@globexmining.com<br />
<a class="extlink"  target="_blank"  rel="nofollow noopener" title="www.globexmining.com" href="http://www.globexmining.com">www.globexmining.com</a><br />
<br />
Forward Looking Statements<br />
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 <a class="extlink"  target="_blank"  rel="nofollow noopener" title="www.sedar.com" href="http://www.sedar.com">www.sedar.com</a>.<br />
<br />
SOURCE: <a class="extlink"  target="_blank"  rel="nofollow noopener" title="Uptick Newswire" href="https://upticknewswire.com/globex-update-francoeur-mine-property-quebec">Uptick Newswire</a></p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/globex-update-francoeur-mine-property-quebec-813976.htm">http://www.releasewire.com/press-releases/globex-update-francoeur-mine-property-quebec-813976.htm</a></p></div><h2>Media Relations Contact</h2><p>Jack Stoch<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/813976">Click to Email Jack Stoch</a><br />Web: <a rel="nofollow" href="http://www.globexmining.com">http://www.globexmining.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=813976&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Tue, 30 May 2017 10:32:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/globex-update-francoeur-mine-property-quebec-813976.htm</guid>
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      <title>Work Starts on Globex's High Grade Gold Property</title>
      <link>http://www.releasewire.com/press-releases/work-starts-on-globexs-high-grade-gold-property-812524.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Rouyn-Noranda, QC -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 05/25/2017 --  GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang &amp; Schwarz Stock Exchanges and <a class="extlink"  target="_blank"  rel="nofollow noopener" title="OTCMKTS:GLBXF" href="http://otcmarkets.com/stock/GLBXF/quote">OTCMKTS:GLBXF</a>) is pleased to update shareholders as regards planned work to be undertaken by Enforcer Gold Corp. on Globex&apos;s Montalembert, high grade gold property. (See Globex Press Releases dated Nov 17, 2016, Dec 20, 2016, March 31, 2017).<br />
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An airborne VLF-EM survey was flown over the property in March to help define structural features such as folding, shearing and faulting which may control the emplacement of gold mineralization.<br />
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A comprehensive field program is now planned including:<br />
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- Extending  stripping,  previous  undertaken  by  Globex,  along  strike  in  both  directions  on  the  Galena  and Number 2 quartz/gold bearing veins;<br />
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- Undertaking channel sampling along the newly exposed vein extensions;<br />
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- Performing IP surveys over the known vein systems;<br />
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- Doing prospecting over the property;<br />
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- Ground follow-up of airborne geophysical anomalies;<br />
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- 5,000 to 8,000 meters of large diameter diamond drilling;<br />
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- Targeted 1,000 meters of reverse circulation drilling.<br />
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The drilling will initially be targeted at four high priority areas. Enforcer has committed over $2.2 million to the 2017 exploration program.<br />
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Globex has optioned 100% interest in the Montalembert property to Enforcer in exchange for $2.7 million in option payments, 8.5 million Enforcer shares and $15 million in exploration expenditures over a 4 year period. Should Enforcer acquire the property, Globex will retain a Gross Metal Royalty of 6% on the first 150,000 ounces of gold produced (9,000 ounces) and 3.5% GMR thereafter.<br />
<br />
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<br />
<br />
We seek Safe Harbor.<br />
<br />
Foreign Private Issuer 12g3 – 2(b) CUSIP Number 379900 50 9<br />
<br />
For further information, contact:<br />
Jack Stoch, P.Geo., Acc.Dir. President &amp; CEO<br />
Globex Mining Enterprises Inc.<br />
86, 14th Street Rouyn-Noranda, Quebec Canada  J9X 2J1<br />
Tel.: 819-797-5242<br />
Fax: 819-797-1470 <br />
<a class="extlink"  target="_blank"  rel="nofollow noopener" title="info@globexmining.com" href="mailto:info@globexmining.com">info@globexmining.com</a><br />
<a class="extlink"  target="_blank"  rel="nofollow noopener" title="www.globexmining.com" href="http://www.globexmining.com">www.globexmining.com</a><br />
<br />
Forward Looking Statements<br />
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 <a class="extlink"  target="_blank"  rel="nofollow noopener" title="www.sedar.com" href="http://www.sedar.com/">www.sedar.com</a>.<br />
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Please find below three photos of high grade gold from surface samples collected by Enforcer last week.<br />
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<a class="extlink"  target="_blank"  rel="nofollow noopener" title="Picture One" href="https://upticknewswire.com/wp-content/uploads/2017/05/GLBXF-Pic-1.jpg">Picture One</a><br />
<a class="extlink"  target="_blank"  rel="nofollow noopener" title="Picture Two" href="https://upticknewswire.com/wp-content/uploads/2017/05/GLBXF-Pic-2.jpg">Picture Two</a><br />
<a class="extlink"  target="_blank"  rel="nofollow noopener" title="Picture Three" href="https://upticknewswire.com/wp-content/uploads/2017/05/GLBXF-Pic-3.jpg">Picture Three</a><br />
<br />
SOURCE: <a class="extlink"  target="_blank"  rel="nofollow noopener" title="Uptick Newswire" href="https://upticknewswire.com/work-starts-globexs-high-grade-gold-property">Uptick Newswire</a></p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/work-starts-on-globexs-high-grade-gold-property-812524.htm">http://www.releasewire.com/press-releases/work-starts-on-globexs-high-grade-gold-property-812524.htm</a></p></div><h2>Media Relations Contact</h2><p>Jack Stoch<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/812524">Click to Email Jack Stoch</a><br />Web: <a rel="nofollow" href="http://www.globexmining.com">http://www.globexmining.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=812524&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Thu, 25 May 2017 15:53:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/work-starts-on-globexs-high-grade-gold-property-812524.htm</guid>
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    <item>
      <title>Globex Update: Houlton-Woodstock Manganese Project</title>
      <link>http://www.releasewire.com/press-releases/globex-update-houlton-woodstock-manganese-project-812526.htm</link>
      <description><![CDATA[<div class="newsleft"><div class="newsbody"><p>Rouyn-Noranda, QC -- (<a rel="nofollow" href="http://www.releasewire.com/">ReleaseWire</a>) -- 05/25/2017 --  GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang &amp; Schwarz Stock Exchanges and <a class="extlink"  target="_blank"  rel="nofollow noopener" title="OTCMKTS:GLBXF" href="http://otcmarkets.com/stock/GLBXF/quote">OTCMKTS:GLBXF</a>) is pleased to inform shareholders that Manganese X Energy Corp will be starting their second drill program on the Houlton-Woodstock manganese property near Woodstock, New Brunswick. The drill program will total approximately 1,600 m on the Sharpe and Moody hill areas where previous drilling in 2016 intersected MnO grades such as 16.73% over 32.85 m (107.8 ft) and 13.89% over 52.6 m (172.5 ft).<br />
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In addition, core samples from previous drilling have been sent for laboratory scale leaching tests to determine manganese recovery and sulphuric acid consumption.<br />
<br />
Under the agreement between Globex and Manganese X, Globex retains a 3% Gross Metal Royalty on all production. Globex recently received an additional stock payment of 1 million Manganese X shares per the agreement.<br />
<br />
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.<br />
<br />
We Seek Safe Harbour.<br />
Foreign Private Issuer 12g3 – 2(b) CUSIP Number 379900 50 9<br />
<br />
For further information, contact:<br />
Jack Stoch, P.Geo., Acc.Dir. President &amp; CEO<br />
Globex Mining Enterprises Inc.<br />
86, 14th Street Rouyn-Noranda, Quebec Canada J9X 2J1<br />
Tel.: 819-797-5242<br />
Fax: 819-797-1470<br />
info@globexmining.com<br />
<a class="extlink"  target="_blank"  rel="nofollow noopener" title="www.globexmining.com" href="http://www.globexmining.com">www.globexmining.com</a><br />
<br />
Forward Looking Statements<br />
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 <a class="extlink"  target="_blank"  rel="nofollow noopener" title="www.sedar.com" href="http://www.sedar.com">www.sedar.com</a>.<br />
<br />
SOURCE: <a class="extlink"  target="_blank"  rel="nofollow noopener" title="Uptick Newswire" href="https://upticknewswire.com/globex-update-houlton?woodstock-manganese-project">Uptick Newswire</a></p><p>For more information on this press release visit: <a rel="nofollow" href="http://www.releasewire.com/press-releases/globex-update-houlton-woodstock-manganese-project-812526.htm">http://www.releasewire.com/press-releases/globex-update-houlton-woodstock-manganese-project-812526.htm</a></p></div><h2>Media Relations Contact</h2><p>Jack Stoch<br />Email: <a rel="nofollow" href="http://www.releasewire.com/press-releases/contact/812526">Click to Email Jack Stoch</a><br />Web: <a rel="nofollow" href="http://www.globexmining.com">http://www.globexmining.com</a><br /></div><div><p><img src="https://cts.releasewire.com/v/?sid=812526&amp;s=f&amp;v=f" width="1" height="1" alt=""><span></span></p></div>]]></description>
      <pubDate>Thu, 25 May 2017 15:53:00 -0500</pubDate>
      <guid>http://www.releasewire.com/press-releases/globex-update-houlton-woodstock-manganese-project-812526.htm</guid>
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