Fluorite and REE Drilling Results Mount Muambe, Mozambique

Globe Metals & Mining (“Globe” or “the Company”; ASX: GBE) is pleased to announce our first batch of analytical results for the 2011 Main Fluorite/REE Zone drilling program (Figure 1) at the Mount Muambe Project. Highlights • Drill intersections from initial 8 RC holes show wide, high-grade, near surface fluorite zones: o MURC020: 21m @ 26.7% fluorite Inc: 9m @ 41.1% fluorite o MURC021: 30m @ 28.4