Additional Drill Results on Optioned Globex
PRESS RELEASE
Globex Mining Enterprises Inc.
“At Home in North America”
55,695,336 shares issued and outstanding
December 14 2022
Additional Drill Results on Optioned Globex
Eagle Gold Mine Property
Rouyn-Noranda, Quebec, Canada. GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN –
Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTM zero, Düsseldorf and Quotrix
Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to provide a short update on
drilling by Maple Gold Mines Ltd. (MGM -TSXV) on the Eagle Gold Mine property under option from Globex . (See
Globex Press Release dated July 19, 2021).
On December 7, 2022, Globex issued a press release in which we reported that Maple intersected 11.39 g/t Au over 3
m including 24.4 g/t Au over 1 m in a mineralized horizon parallel to the main Eagle -Telbel gold mine horizon.
Yesterday, Maple reported results from additional drilling in the same horizon, including the following core lengths and
assays from shallow to deeper ( see cross section below) confirming continuity of the mineralized “South Mine
Horizon”:
EM-22-015: 6.1 m grading 1.6 g/t Au including 1.0 m grading 2.8 g/t Au
EM-22-016: 7.3 m grading 3.1 g/t Au including 3.6 m grading 4.0 g/t Au and 4.2 m grading 1.7 g/t Au
EM-22-013: 10.4 m grading 2.3 g/t Au including 3.2 m grading 5.0 g/t Au
EM-22-005: 7.5 m grading 4.0 g/t Au including 3.0 m grading 6.4 g/t Au
All intervals are downhole lengths. True widths are estimated to be between 35% (for steeper holes) to 80% (for
shallower angle holes) of downhole lengths.
See Maple Gold Press Release for details.
Additional assays are pending.
This press release was written by Jack Stoch, 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
LEI 529900XYUKGG3LF9PY95
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.
2
Figure 1: Geologic plan view map depicting Eagle drill plan, Eagle-Telbel deposits
Figure 2: Cross section highlighting new assay results