We Seek Safe Harbour. Foreign Private Issuer 12g3 – 2(b)
PRESS RELEASE
Globex Mining Enterprises Inc.
“At Home in North America”
48,852,706 shares issued and outstanding
February 7, 2017
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.
We Seek Safe Harbour. Foreign Private Issuer 12g3 – 2(b)
CUSIP Number 379900 50 9
For further information, contact:
Jack Stoch, P.Geo., Acc.Dir.
President & CEO
Globex Mining Enterprises Inc.
86, 14th Street
Rouyn‐Noranda, Quebec Canada J9X 2J1
Tel.: 819.797.5242
Fax: 819.797.1470
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. A more detailed discussion of the
risks is available in the “Annual Information Form” filed by Globex on SEDAR at www.sedar.com
Gold Intersections up to 5.37 gpt Au over 14 m at Maude Lake Property
Rouyn‐Noranda, Quebec, Canada. GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange,
G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz Stock Exchanges and GLBXF –
OTCQX International) is pleased to inform shareholders that RJK Explorations Ltd. (TSXV:RJX.A, OTC:RJKAF)
has received assays from four holes (578 m) of its 5,000 m drill program at Globex’s Maude Lake Gold
Property, northeast of Matheson, Ontario. The Maude Lake property is under option to RJK for annual cash
payments of $250,000 per year adjusted for inflation and a 2.5% Gross Metal Royalty (GMR), 1% of which
may be purchased for $2,000,000. Once production is achieved, the GMR may not be less than $250,000
per annum.
In a press release dated February 7, 2017, RJK announced the following results from drill holes at the “5
Zone”.
Hole From (m) To (m) Core Length (m)* Gold (gpt)
RJK17‐01 74.40 77.7 3.30 2.10
119.90 121.8 1.90 11.82
Including 119.90 120.4 0.50 36.84
And 121.25 121.8 0.55 5.95
RJK17‐02 98.50 101.0 2.50 9.05
Including 98.50 99.4 0.90 5.88
And 99.40 100.3 0.90 17.42
RJK17‐04 89.00 103.0 14.00 5.37
Including 89.00 90.0 1.00 12.49
And 98.00 103.0 5.00 9.86
RJK17‐03 was drilled to test adjacent stratigraphy and contained no significant values.
*True widths are unknown.
Globex is pleased with the results of the first phase of drilling which “was successful in further defining the
5 Zone”.