Global Minerals Ltd. (TSX VENTURE:CTG)(OTCBB:GMLFF) is pleased to announce the
initial results from an on-going underground drill program at its 100% owned
Strieborna silver project in Slovakia. The program is designed to define and
expand resources in the upper portion of the mineral deposit in areas where
early mine development may be anticipated.




--------------------------------------------------------------------------
Table 1. Strieborna Underground Drill Results                             
                                                                          
--------------------------------------------------------------------------
                                          Interval                        
                                            Length                        
Hole ID               From          To     (meters)     Ag ppm        Cu %
--------------------------------------------------------------------------
STR-06-12-001       125.80      127.95        2.15       289.0        1.22
--------------------------------------------------------------------------
STR-06-12-002       124.55      127.50        2.95       233.8        0.99
--------------------------------------------------------------------------
STR-06-12-003       148.10      148.55        0.45      1420.0       11.25
--------------------------------------------------------------------------
STR-06-12-004       149.15      151.30        2.15   No significant values 
--------------------------------------------------------------------------
STR-06-12-005       122.90      124.95        2.05        28.3        0.21
--------------------------------------------------------------------------
STR-06-12-006       138.05      145.57        7.52       156.1        0.61
--------------------------------------------------------------------------
STR-06-12-007       142.53      149.65        7.12       297.1        1.21
--------------------------------------------------------------------------
STR-06-12-008       132.65      140.30        7.65        41.2        0.16
--------------------------------------------------------------------------
Cu analyses top-cut to 5% for one sample in STR-06-12-006                 
Assays for the intervals are weight averaged.                             
--------------------------------------------------------------------------



Drilling was conducted from the first of two drill stations on Level 6
approximately 180 meters below surface. The top of the deposit is approximately
35-50 meters below this level. The drill program will confirm the upper limits
of the deposit as well as the grade and continuity of the silver resource in
this area. Future resource estimates and development plans to exploit this high
grade area of the deposit will be based on this new information. 


An updated resource estimate is planned for Q3 2013 and will be incorporated
into engineering and economic studies being carried out by AGP Mining
Consultants on behalf of the Company.


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. It has excellent
expansion potential over and above the already well-defined resource.
Significant infrastructure at site include a working shaft and hoisting system,
extensive underground access through a series of drifts, crosscuts and tunnels
and associated surface facilities. Global is using all efforts to advance the
property into commercial production.


To view the map accompanying this press release please click on the following
link: http://media3.marketwire.com/docs/CTG0120.pdf


QUALIFIED PERSON: William Bond, M.Sc., Geol. and VP Exploration for Global is
the Qualified Person (QP) under NI 43-101 responsible for the Strieborna
exploration program. He has verified the drill results and other data disclosed
in this news release, including sampling, analytical and test data. Field work
has been conducted under his supervision. All samples were submitted to ALS
Minerals for analysis in Rosia Montana, Romania and Vancouver, Canada. Gold
samples were analyzed by fire assay and atomic absorption spectroscopy with a 30
gram nominal sample weight. Silver, Copper, and Antimony were analyzed by
induction coupled plasma - atomic emission spectroscopy (ICP-AES) using four
acid digestion methods. Mercury values were analyzed by induction coupled plasma
- atomic emission spectroscopy (ICP-AES) using an aqua regia leach. Quality
control and quality assurance protocols were incorporated with the submitted
samples which included standards, blanks, and duplicate analysis.


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, 2010 and other continuous disclosure
documents filed by Global since September 30, 2010 available at www.sedar.com,
for this detailed information, which is subject to the qualifications and notes
set forth therein.



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

Centenario Gold (TSXV:CTG)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024 Click aqui para mais gráficos Centenario Gold.
Centenario Gold (TSXV:CTG)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024 Click aqui para mais gráficos Centenario Gold.