Globex Mining Enterprises Inc. updated shareholders regarding recently announced drill results on the Harricana Project, Main Fontana Gold Zone located in Duverny township, Quebec on which Globex maintains a two percent (2%) Net Smelter Royalty, one percent (1%) NSR of which may be purchased for $2,000,000 prior to commercial production. The royalty covers 105 claims and cells totaling 4,147 hectares. Kiboko Gold Inc. has reported assay results from 26 holes totaling 3,449 metres which are part of an ongoing systematic 11,000 metre, 67-hole verification program in the Main Fontana Gold Zone.

Highlights reported are as follows: 8.7 g/t Au over 9 m (RCFON22-021), including 22.2 g/t Au over 3 m; 23.9 g/t Au over 3 m (RCFON22-026), including 35.4 g/t Au over 2 m; 47.2 g/t Au over 1 m (DDFON22-004); 7.2 g/t Au over 2 m (RCFON22-006), including 14.0 g/t Au over 1 m; 8.4 g/t Au over 1 m (RCFON22-018); 3.3 g/t Au over 2 m (RCFON22-002); 3.2 g/t Au over 2 m (RCFON22-022); 2.3 g/t Au over 2.5 m (DDFON22-007); 5.2 g/t Au over 1 m (RCFON22-026); and 5.2 g/t Au over 1 m (RCFON22-004). Drill results are pending upon an additional 31 holes.