ROUYN-NORANDA, QUEBEC--(Marketwire - July 23, 2008) - GLOBEX MINING ENTERPRISES INC.(TSX:GMX)(FRANKFURT,STUTTGART,BERLIN,MUNICH,XETRA:G1M)(OTCQX:GLBXF) is pleased to advise shareholders that First Metals Inc. (TSX:FMA) has announced that as of August 1, 2008 excavation of the ramp required to mine a 50,000 ton bulk sample from the Magusi copper, zinc, gold, silver massive sulphide deposit will commence. Excavation of the overburden cover at the portal site as well as construction of yard pads has been completed as has the upgrading of the access road. In addition, a major in-fill, diamond drill program has been completed on the Magusi property. All sulphide intersections have been logged, split and sampled for assaying. In addition drilling was undertaken on either side of the known mineral resource in order to aid in the...
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