Business
Global Commences Drilling at High-Grade Silver Strieborna Project
Mar. 17, 2011 (Canada NewsWire Group) -- VANCOUVER, March 17 /CNW/ - Global Minerals Ltd. (...
About this update from District Metals Corp.
[{"type":"text","content":"\n\n\n Mar. 17, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nVANCOUVER, March 17 /CNW/ - Global Minerals Ltd. (CTG: TSX-V) is pleased to announce that drilling has commenced on the Company's\n high-grade silver Strieborna Project in Slovakia.  The 3,400 metre 12\n hole-program will explore the near surface projection of the high-grade\n Strieborna polymetallic veins.  The projected target area is not\n included in the NI 43-101 compliant resource estimate by AMC Pty. Ltd.\n (April 2008) which includes 1.9 million tonnes (Measured and Indicated)\n grading 231.7 g/t silver, 1.1% copper, and 0.7% antimony and 1.5\n million tonnes (Inferred) grading 180.0 g/t silver, 0.9% copper and\n 0.7% antimony.\n\n\nMore exploration and expansion drilling is planned to follow the current\n drill program in order to test for potential new veins as well as\n possible vein extensions in close proximity to the current resources\n and underground workings.  The 2011 programs are designed to increase\n resources and determine the economic viability of developing the\n project within two years.\n\n\nStrieborna, located in eastern Slovakia (a full-fledged member of the\n European Union) is the only known silver-copper-antimony deposit in\n Europe which could be brought into production in the near future.  The project is part of an historic mining district near the town of\n Roznava, known for its iron-ore production and the neighboring Maria\n Mine (now shut down). The resource ...