Global Minerals Ltd. - Front range project production & sales updated

About this update from District Metals Corp.

[{"type":"text","content":"\n\n\n\nTSX Venture Exchange Symbol: CTG\n\n\nFrankfurt Exchange Symbol: DFB\n\n\nVANCOUVER, Nov. 19 /CNW/ - Global Minerals Ltd. (CTG: TSX-V) (Frankfurt:\nDFP) the Company reports on the Front Range Project:\n\n\nGold & Silver Sales\n\n\nThree concentrate shipments have been delivered to the smelter in Mexico.\nYear-to-date revenue from concentrate sales has totaled $285,000. One partial\npayment is expected by December bringing the revenue total to over $305,000.\nAn additional forty tons of concentrate should be ready for shipment by\nmid-December. It is expected that this delivery will net an additional\n$125,000 to $150,000 in revenue before year-end.\n\n\nMine Production and Development\n\n\nAn additional mining crew and milling crew have been hired. The second\nmilling crew will allow the mill to operate around the clock raising mill\ncapacity to 50 tons per day. The second mining crew should raise mine\nproduction from 20 tons per day to 40 tons per day by the first quarter of\n2008. The new mining crew is still in training, however, production has\nalready increased forty percent since the end of September.\n\n\nGeology & Sampling\n\n\nOn the cash vein, assay results varied from .025 to 2.31 opt (ounce per\nton) gold with silver ranging from .07 to 17.41 opt. Assays on the Freiburg\nvein ran 1.72 opt gold, 20.59 opt silver and 3.84 opt gold, 20.77 opt silver.\nSampling on the Deerkson vein varied from .187 to 6.86 opt gold with .09 to\n12.54 opt silver.\n\n\nUnderground sampling was conducted on the Cash, Freiburg, and Deerkson\nveins. The Cash and Freiburg veins are in production and the Deerkson vein is\nbeing prepared for mining. The Cash, Deerkson, Freiburg veins were sampled\nunderground in the immediate perimeter areas to stopes and headings under\ndevelopment. These samples were from approximately 1 inch wide and deep\nchannels cut in-situ at the 51 locations using a diamond saw to provide a more\nconsistent cut as opposed to using a chisel and hammer. These samples were cut\nacross the mineralized vein exposures and generally included all adjacent\naltered Boulder Creek Granite host rock. At the development face samples were\ncut at the sill, breast and back heights. The samples were fire assayed in the\ncompany's on site laboratory and check assayed by Loring Labs in Calgary. They\ngive an indication of...

More updates from District Metals Corp.