Globex Mining Enterprises Inc.

Globex Mining Enterprises Inc.

January 11, 2007 02:00 ET

Globex Mining Enterprises Inc.: Uranium Exploration and Options to Proceed

ROUYN-NORANDA, QUEBEC--(CCNMatthews - Jan. 11, 2007) - GLOBEX MINING ENTERPRISES INC. (TSX:GMX) (FRANKFURT, STUTTGART, BERLIN, MUNICH, XETRA:G1M) (PINK SHEETS:GLBXF) is pleased to inform shareholders that both Noront Resources Ltd. (TSX VENTURE:NOT) and Hawk Precious Minerals Inc. (HAWK-CNQ) have respectively completed initial airborne radiometric surveys on Globex's Hunters Point (uranium-gold) and Grand Calumet (uranium-fluorite) projects and have informed Globex that they will be entering into the second stages of the option agreements. In both cases, airborne anomalies indicative of radioactive material were detected which require further exploration.

Globex has received the cash components per the option agreements and delivery orders for 250,000 shares of Noront and 250,000 share of Hawk to Globex have been issued.

Globex looks forward to the next stage of exploration on both of these uranium projects.

This press release was written by Jack Stoch in his capacity as a Qualified Person (Q.P.).

We Seek Safe Harbour.

Foreign Private Issuer 12g3 - 2(b)

CUSIP Number 379900 10 3

16,470,950 shares issued and outstanding

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