Global Minerals Outlines Continued Progress At Strieborna

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[{"type":"text","content":"\n\n\n\nVANCOUVER, Feb. 23 /CNW/ - Global Minerals Ltd. (the "Company") (CTG:\nTSX-Venture Exchange, DFP: Frankfurt Exchange, OTC: GMLFF.PK) is pleased to\nprovide an update on recent developments relating to its Strieborna Silver -\nCopper Project near Roznava, Slovakia.\n\n\nA NI 43-101 compliant Technical Report, dated 22 April, 2008, summarized\nthe current resources of the Strieborna silver - copper vein deposit as\nfollows:\n\n-------------------------------------------------------------------------\n Estimated Average Grades\nMineral Average ------------------------------------------\nResource Horizontal Silver Copper Antimony Iron\nCategory Quantity Width (Ag) (Cu) (Sb) (Fe)\n ---------------------------------------------------------------\n Mt metres g/t % % %\n-------------------------------------------------------------------------\nMeasured 215 5.8 469.0 2.2 1.4 20.6\n-------------------------------------------------------------------------\nIndicated 1,710 3.4 202.0 1.0 0.6 33.2\n-------------------------------------------------------------------------\nInferred 1,500 3.2 280.0 0.9 0.6 33.6\n-------------------------------------------------------------------------\n\nNote: Quantity includes an estimated 35,000 tonnes of mined out\ndevelopment material.\n\nThis Technical Report is filed on SEDAR www.sedar.com, and is also\navailable on the company's web site www.globalminerals.com\n\nMine and Mill Site Land\n------------------------\n\n\nThe Company's subsidiary, Global Minerals Slovakia s.r.o. has purchased\ntwo parcels of land (totaling 1.9 hectares) to provide direct access to the\nStrieborna deposit, and has entered into negotiations with the City of Roznava\nfor a long-term lease of approximately 5 hectares of land in the City's\nnewly-established Industrial Park. This land would be used to site the\nCompany's processing and administration facilities, for storage of stockpiled\nre-processing ore feed and for storage of concentrate. It could also\naccommodate temporary storage of mill tailings before their final disposal\nunderground. Global Minerals Slovakia would be one of the anchor tenants in\nthe City's Industrial Park.\n\n\nStrategic Investor Application\n-------------------------------\n\n\nGlobal Minerals Slovakia has completed and submitted all necessary\ndocumentation for its application for &...

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