Tres-Or Resources Ltd. ("Tres-Or") (TSX VENTURE:TRS) and Globex Mining
Enterprises Inc. ("Globex") (TSX:GMX)(FRANKFURT:GIM)(OTCQX:GLBXF) are pleased to
announce that a definitive agreement for the acquisition of the Globex Fontana
Gold Project has been completed (refer to news release dated July 5, 2011).
Tres-Or has been granted an option (the "Option") to acquire the interests of
Globex in certain mineral claims in Quebec, being a 75% interest in 16 claims
and a 100% interest in a further 6 claims, collectively known as the Fontana
Gold Project. The interests of Globex in the Fontana Gold Project are subject to
a 3% gross metals royalty and the 16 claims held by Globex as to 75% are also
subject to a 15% net profits interest (the "NPI"), both in favour of Globex. The
Fontana Property is located 16km northeast of Amos in Duverny Township, Quebec
and is proximal to the Company's advanced Duvay Gold Project and contiguous to
the Company's East Mac property
(http://www.tres-or.com/images/Fontana-Map-LRG.jpg). 


In order to exercise the Option the Company is required to pay Globex $400,000
(of which $25,000 was previously paid as a non-refundable deposit) and is
required to purchase the NPI from Globex for a total of $1,200,000, payable in
increments over 84 months.


According to Quebec government reports describing the historic work carried out
on Fontana, gold mineralization was discovered in veins in the Fontana Fault in
the 1930's. Considerable work consisting of stripping, test pits, bulk testing
and drilling has occurred on the Fontana Gold Project in subsequent decades of
the 1940s, the 1980s, and 1990s. Gold mineralization is associated with pyrite
and chalcopyrite rich quartz veins in the principal fault structures and
associated fractures mapped on the property. Gold is often free gold and is
erratic in distribution. Tres-Or has sponsored detailed structural mapping as a
preliminary part of its evaluation and is compiling all the historic work
associated with several mineralized gold zones and the noncompliant NI 43-101
historic resource estimates on the property into its proprietary Geographic
Information System (GIS) database. 


Laura Lee Duffett, President and CEO of the Company, a qualified person by the
Standards of National Instrument 43-101, is overseeing the project and is
responsible for the content in this news release.


On behalf of the Board of Directors,

Laura Lee Duffett, President and CEO

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