Globex Mining Enterprises Inc.

Globex Mining Enterprises Inc.

December 09, 2009 12:38 ET

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

ROUYN-NORANDA, QUEBEC, CANADA--(Marketwire - Dec. 9, 2009) - GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1M)(PINK SHEETS:GLBXF)is pleased to inform shareholders that Rocmec Mining Inc. has announced gold assay results from the first drill hole (RS-01-09) of the recently started drill campaign at the Russian Kid (Rocmec 1) mine in Dasserat Township Quebec.

Rocmec reported in their press release issued today that four gold zones were intersected. Intersections include 18.96 g/t Au over 0.96 m, 10.33 g/t Au over 0.49 m, 28.26 g/t Au over 0.07 m and 38.40 g/t Au over 0.05 m. The mineralization occurs in shear zones and narrow quartz-calcite veins typical of the mineralization intersected in previous drilling and reported by Rocmec in their NI 43-101 technical report of March 19, 2007.

The samples were analyzed for gold at SGS Lakefield's laboratory at Lakefield, Ontario.

Rocmec acquired the Russian Kid property from Globex in order to test and use their patented narrow vein mining method. A large bulk sample has already been mined from the property utilizing this method and a small mill has been installed underground to process material recovered from narrow high grade gold bearing veins.

Please see Rocmec's press release of today's date for details and additional information on the drill program.

Globex maintains a 5% Gross Metal Royalty on the first 25,000 ounces of gold produced from the Russian Kid mine (Rocmec 1) and a 3% Gross Metal Royalty on all production thereafter.

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.

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 Company's expectations and projections.

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