Globex Mining Enterprises Inc. to provide shareholders with a synopsis of results from a second series of grab samples taken on our Turner Falls Rare Earth Property in the same general area. An additional 23 samples were analysed, many of which were found to be highly anomalous in rare earths, Yttrium (Y) and Zirconium (Zr). The anomalous grab samples were taken over a strike length of approximately 1600 metres and a width of approximately 100 metres, wherever permitted by outcrop exposure and do not represent an average grade for the area but rather an area of exceptionally anomalous assay values. Eight samples stand out in the calculation of Total Rare Earth Oxides (TREO) and Total Rare Earth Oxides plus Yttrium Oxide (TREO + Y2O3) versus Heavy Rare Earth Oxides plus Yttrium Oxide (HREO + Y2O3).

Globex Mining Enterprises Inc. expected to report Q3 2010 results on November 9, 2010. This event was calculated by Capital IQ (Created on August 22, 2010).

Globex Mining Enterprises Inc. provided an update of work undertaken on 942 hectares, 100% owned, Turner Falls Rare Earth project, 50 kilometres east -northeast of Kipawa, Quebec. Over the summer 22.2 kilometres of lines were cut over a small portion of the property and magnetometer and spectrometer surveys were undertaken. The grid was partially mapped and 26 grab samples were taken in areas of anomalous spectrometer readings. The anomalous grab samples were taken over a strike length of approximately 1600 metres and a width of approximately 100 metres, wherever permitted by outcrop exposure and do not represent an average grade for the area but rather an area of exceptionally anomalous assay values. Previous samplings in a more restricted area of the trend returned up to 4.57% TREO +Y2O5 and 1.58% HREO + Y2O5 with a HREO + Y2O5/TREO+ Y2O5 ratio of 34.6%. Sample preparation was done by Laboratoires Expert located at 127 Industrial Boulevard, Rouyn-Noranda, Quebec. Pulps were sent to Activation Laboratories Ltd. at 1336 Sandhill Drive, Ancaster,Ontario for fusion and analysis. Fused samples were diluted and analyzed by Perkin Elmer Sciex ELAN 6000 ICP/MS. Three blanks and five controls (three before sample group and two after) were analyzed per group of samples. Duplicates were fused and analyzed every 15 samples. The instrument was recalibrated every 40 samples. Eleven samples stand out in the calculation of Total Rare Earth Oxides (TREO) and Total Rare Earth Oxides plus Yttrium Oxide (TREO + Y2O3) versus Heavy Rare Earth Oxides plus Yttrium Oxide (HREO + Y2O3). Five samples also graded higher than 1% ZrO2 giving the following assays 13.38%, 4.34%, 2.51%, 1.46% and 1.15% and one sample assayed 0.65% Niobium Oxide (Nb2O5).

Globex Acquires a Manganese-Iron Asset in New Brunswick

Globex Options its Shortt Lake Gold/Rare Earth Property and Other News

Globex Options Bell Mountain Gold Project in Nevada to Laurion

Globex Raises Additional Exploration Funds

Globex Well Positioned in Gold Play

Globex and Drinkard Metalox Formalize Refractory Gold Processing Joint Venture

Globex Increases Interest in Timmins Talc-Magnesite Project

Globex Reports on Russian Kid (Rocmec 1) Gold Resource

Globex Reports High Rare Earth Assays

Globex's NI 43-101 Report on Talc-Magnesite Deposit Confirms Positive Outlook for Property

Globex Reports High Rare Earth Assays

Globex Reports on Russian Kid (Rocmec 1) Gold Resource

Globex Mining Enterprises Inc.: High Grade Gold Values-Lake Colnet Property, Quebec

Gold Results Reported From Globex Royalty Property by Rocmec at Russian Kid (Rocmec 1) Mine, Quebec

Globex Benefits From Claim Package Amalgamation

Globex's Nordeau Option Property/Plato Drill Results

Globex Options Stake in Duquesne West Gold Property

Globex's NI 43-101 Report on Talc-Magnesite Deposit Confirms Positive Outlook for Property

Globex Royalty Property Update: Rocmec 1 Gold Mine

Globex Royalty Property Update: Rocmec 1 Gold Mine