Globex Reports High Rare Earth Assays

GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1M)(PINK SHEETS:GLBXF) informed shareholders that we have received assays from five surface samples taken on our Coconut Club showing discovered east of Kipawa, Quebex on Globex’s +20,000 ha, 100% owned Hunters Point uranium, gold, rare earth property.

The press release is quoted as saying:

Previous analysis of the samples showed that many of the assays were extremely anomalous and beyond the analytical capability of the method used: It could only measure up to 10,000 ppm or 1% on many of the rare earth elements. The following are the assays as reported by Activation Laboratories of Ancaster, Ontario. The Coconut Club showing is located within a 2.5 km long radiometric anomaly.

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