VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 7, 2014) - Global Minerals Ltd. (TSX VENTURE:CTG)(OTCBB:GMLFF) is pleased to announce the discovery of a new high-grade extension of the Strieborná vein at its 100% owned silver/copper property in Slovakia. The extension was discovered during the collection of a bulk sample for metallurgical purposes and has been explored by a combination of drifting on the vein as well as three cross-cuts which fully intersect it. Highlights include: Average grade of 348 grams silver per tonne and 1.55% Cu across 5.5 meters in cross-cut 1 Average grade of 496 grams silver per tonne and 2.21% Cu across 5.0 meters in cross-cut 3 Average grade of 434 grams silver per tonne and 1.85% Cu across... [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 11, 2014) - Global Minerals Ltd. (TSX VENTURE:CTG)(OTCBB:GMLFF) is pleased to announce that Mr. Tim McCutcheon has been appointed as CEO and Director of the Company, effective immediately. William Pincus, former CEO and President, has resigned his posts and has become Executive Chairman of the Company. Mr. McCutcheon is a mining and finance professional with over 18 years [...]
Global Minerals is pleased to announce that it has received the initial operating permit for mining, milling and concentrate production at its 100%-owned Strieborná high-grade silver/copper/antimony project in Slovakia. The permits have been granted after approval of an Environmental Impact Assessment and Plan of Operations reviewed by the appropriate local authorities and made available for public comment.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 27, 2014) - Global Minerals Ltd. (TSX VENTURE:CTG)(OTCBB:GMLFF) is pleased to provide an update of recent activities at its 100-percent owned Strieborná silver/copper/antimony deposit in eastern Slovakia. Underground development is progressing to open up areas of the mineralization for further metallurgical testing and to support process design and maintenance of the current infrastructure and water treatment system. Results from this work will be incorporated into a Preliminary Economic Assessment (PEA). Level 6 Development to intersect the vein In early March the Company began drifting towards the vein on Level 6. The Company expects to intersect the vein within 75 to... [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 20, 2014) - Global Minerals Ltd. (TSX VENTURE:CTG)(OTCBB:GMLFF) is pleased to announce that Mr. Larry Childress has been appointed to the Company's Board of Directors. Mr. Childress has been a successful entrepreneur initially in oil and gas exploration and later in real estate development and banking. He graduated from the Missouri School of Mines (now the Missouri [...]
Global is pleased to announce that it has closed its previously announced non-brokered financing and has issued a total of 13,024,000 post-consolidation units for aggregate proceeds of $3,256,000, at a price of $0.25 per Unit. Each Unit is comprised of one post-consolidation common share and one share purchase warrant, exercisable to purchase one post-consolidation common share for two years at a price of $0.35. The [...]
Global Minerals Ltd. ("Global" or the "Company") (TSX VENTURE:CTG) is pleased to announce that it has received the approval of the TSX Venture Exchange to the consolidation of its issued and outstanding common shares on the basis of one new common share for every five common shares currently issued and outstanding. The Company's shares will commence trading on the TSX Venture Exchange on a consolidated basis on February [...]
Global is pleased to announce that, due to strong response from investors, the Company has increased its non-brokered private placement financing to $3.5 million from the previously approved $3 million as set out in the Company's news release dated January 13, 2014. The amended financing will be completed through the issuance of 12,000,000 post-consolidation units to be issued at a price of $0.25 per Unit. Each Unit will [...]
Global Minerals Ltd. is pleased to announce that it is proposing to consolidate all of its issued and outstanding securities on a five for one basis pursuant to the policies of the TSX Venture Exchange and the requirements of the British Columbia Business Corporations Act. In addition, the Company is proposing to conduct a non-brokered financing
Global is pleased to announce that it is proposing to consolidate all of its issued and outstanding securities on a five for one basis pursuant to the policies of the TSX Venture Exchange and the requirements of the British Columbia Business Corporations Act. In addition, the Company is proposing to conduct a non-brokered financing of up to $2.0 million, comprised of up to 8,000,000 post-consolidation units to be issued [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 18, 2013) - Global Minerals Ltd. (TSX VENTURE:CTG)(OTCBB:GMLFF) is pleased to announce the results of a resource estimate update of its 100% owned Strieborná high-grade silver/copper/antimony vein project in Slovakia. Highlights from the resource update include: Contained silver in Measured and Indicated resources has increased by 37% over the previous estimate and tonnage jumped 19%. Measured and Indicated resources are 2,290,000 tonnes at 266 g/t Ag, 1.2% Cu and 0.85% Sb (20 Moz Ag, 61 Mlb Cu and 43 Mlb Sb). The current resource estimate is reported at a cut-off grade of 10... [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/06/13 -- Global Minerals Ltd. (TSX VENTURE: CTG)(OTCBB: GMLFF) is pleased to announce the results of 12 new drill holes from its now-completed underground drill program at its 100% owned Strieborna silver/copper project in Slovakia.
Highlights from the drilling include:
-- Drill hole STR-06-13-022 intercepted 11.7 m containing 507 g/t Silver and 1.8 % Copper [...]