Mr. Jack Stoch reports

ASSAYS ON DUQUESNE WEST PROPERTY CONTINUE TO SUPPORT OPEN PIT POTENTIAL

Globex Mining Enterprises Inc. has provided a further update on work undertaken by Emperor Metals Inc. on the Duquesne West property in Quebec, under option from Globex.

In a press release today, Emperor reported that it completed drilling and assaying of 19 holes (8,166 metres) in 2024, as well as assaying approximately 8,000 metres of historical core stored by Globex. One hundred per cent of the assays from the 2024 drilling have been reported but only 55 per cent of the historical core assays.

John Florek, the president of Emperor, commented: "With intercepts like 43.9 m at 0.74 g/t Au (gold) in previously unsampled historical core and 2.5 m of 8.62 g/t Au, we are growing more confident in adding incremental ounces outside the known lenses. We are identifying new zones with both high-grade and lower-grade potential for open-pit mining, while also expanding these zones, critical for realizing our open-pit mining vision. We continue to extend the potential open-pit footprint, both at the margins and at depth."

This press release was written by Jack Stoch, PGeo, president and chief executive officer of Globex, in his capacity as a qualified person under National Instrument 43-101.

We seek Safe Harbor.