Mr. Jack Stoch reports

EMPEROR CONTINUES OPEN PIT MODEL DEFINITION

Globex Mining Enterprises Inc. optionee Emperor Metals Inc. has reported additional drill results from its 14-hole drill program on Globex's 50-per-cent-owned Duquesne West gold property on the Porcupine-Destor gold localizing break, north of Rouyn-Noranda, Que., in Duparquet township. Emperor optioned the property as announced by Globex on Oct. 12, 2022.

Emperor is testing its open-pit concept which shows the proposed pit with a potential depth of 400 metres and a footprint of 1.8 kilometres by 0.8 kilometres. "Initial exploration in 2024 will strategically focus on the area of the phase 1 pit design."

Over 3,000 metres of historical core has also been sampled and will be sent for assay. Approximately 25 per cent of samples sent from the current 14-hole drill program have yet to be received.

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

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