CTG Centenario Gold Corp

Global Minerals Ltd. (TSX VENTURE:CTG)(FRANKFURT:DFP) is pleased to announce
that it will commence a 5000 meter definition drilling program at its wholly
owned Strieborna high grade silver-copper project in Slovakia. The program will
be conducted from two underground platforms and focus on upgrading and expanding
the current resource for future feasibility studies.


Global has also contracted AGP Mining Consultants Inc. (AGP) to begin a series
of engineering trade-off studies to evaluate various development scenarios for
the project. The studies will evaluate underground mining scenarios and
processing alternatives that include floating a high-grade silver-copper
concentrate that could be sold to custom smelters. The goal is to incorporate
existing infrastructure including the recently rehabilitated inclined shaft and
1.6km haulage tunnel along with other possible ramp or shaft scenarios. Results
from these studies should be instrumental in testing the economics of the
project and ultimately be incorporated into future development study. AGP is a
respected mining consultancy based in Canada with engineers and geologists that
have many years of experience including various assignments in the same region
as the project. This experience has allowed AGP to develop an up-to-date cost
database and understanding of local operating conditions that will be applied to
the studies.


"We're very pleased to have AGP working on this project. Their experience in
central and eastern Europe, including underground operations like Strieborna,
will be beneficial to optimizing the project," stated Mr. Bill Pincus, Chief
Executive Officer for Global. "We've made great progress in the past year
rehabilitating the mine, advancing our understanding of the metallurgical
processing and investigating potential development scenarios. We're very excited
to begin applying these results to begin moving the project toward commercial
production."


About Strieborna

Strieborna is a high-grade silver-copper vein type deposit in an historic mining
district near the town of Roznava in Eastern Slovakia. The current resource
contains 1.9 Mt grading 232 g/t Ag and 1.1% Cu (14.3 Moz Ag and 48 Mlbs Cu) of
measured and indicated and 1.5 Mt grading 280 g/t Ag and 0.9% Cu (13.5 Moz Ag
and 30 Mlbs Cu) of inferred resources. Global is focused on expanding resources
and ultimately recommencing mining operations by taking advantage of the
existing infrastructure that includes a working inclined shaft and hoisting
system, extensive underground workings, electrical grid power and an experienced
local work force.


QUALIFIED PERSON: William Pincus, M.Sc., C.P.G. and CEO for Global, is the
Qualified Person (QP) under NI 43-101 responsible for the Strieborna program. He
has verified the results and other data disclosed in this news release.


FORWARD-LOOKING STATEMENTS AND FORWARD-LOOKING INFORMATION: This news release
contains certain "forward-looking statements" within the meaning of applicable
Canadian securities laws. Forward-looking statements and forward-looking
information are frequently characterized by words such as "plan", "expect",
"project", "intend", "believe", "anticipate", "estimate" and other similar
words, or statements that certain events or conditions "may" or "will" occur.


FORWARD-LOOKING STATEMENTS are based on the opinions and estimates of management
at the date the statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to
differ materially from those projected in the forward-looking statements. These
factors include the inherent risks involved in the exploration and development
of mineral properties, the uncertainties involved in interpreting drilling
results and other geological data, fluctuating metal prices, the possibility of
project cost overruns or unanticipated costs and expenses, uncertainties
relating to the availability and costs of financing needed in the future and
other factors. The Company undertakes no obligation to update forward-looking
statements if circumstances or management's estimates or opinions should change.
The reader is cautioned not to place undue reliance on forward-looking
statements.


Readers are advised that National Instrument 43-101 of the Canadian Securities
Administrators requires that each category of mineral reserves and mineral
resources be reported separately. Readers should refer to the annual information
form of Global for the year ended June 30, 2011 and other continuous disclosure
documents filed by Global since March 31, 2012 available at www.sedar.com, for
this detailed information, which is subject to the qualifications and notes set
forth therein.


For further information about Global, visit www.globalminerals.com.

FOR FURTHER INFORMATION PLEASE CONTACT: 
Global Minerals Ltd.
William Pincus
President and CEO
604-669-2355
wpincus@globalminerals.com


Global Minerals Ltd.
Ms. Lubica Parilakova
Manager Investor Relations
604-669-2355
lparilak@globalminerals.com
www.globalminerals.com

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