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Global Minerals Ltd. is focused on the development of its 100%-owned Strieborná silver-copper-antimony deposit in eastern Slovakia, located in a historic mining district near the town of Roznava. The current NI 43-101 resource occurs within a mineralized structure 1.2km long and 600m deep with an average thickness of 3.4m, and is open in various directions along the vein. The project has excellent infrastructure including railway access, paved highways, sufficient electrical power and a work force experienced in underground operations. The company has acquired 136 sq km of exploration concessions in the surrounding region. Prospect generation and exploration in this under-explored area will be parallel with Strieborná development.
The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Deborah Bacal, Proactive Investors
"Global Minerals Ltd. says Strieborná drilling extended the strike of mineralization ahead of the updated resource. . .two holes are the deepest of the infill and expansion drill program, and intersected some of the widest mineralized portions of the Strieborná vein, with the drilling showing that these wide zones now extend at least 75m farther to the southwest than was previously known. . .and because of the extensive existing infrastructure, the company expects the project could move into production in relatively short order and at a low cost."
Thibaut Lepouttre, Caesars Report
"Global Minerals Ltd. reported a very encouraging first batch of results earlier this month, with intercepts of 5.6m of 453 g/t silver and 1.8% copper, and 4.9m of 390 g/t silver and 1.1% copper. . .the company has a very aggressive timeline and wants to start development work as early as next year. . .we are quite confident William Pincus and his team will be able to make this high-grade, past-producing mine the next producing silver mine on the European continent."
Simon Rees, Mining Weekly
"Global Minerals Ltd.'s purchase of the existing tailings facility was formally announced on March 12. Throughput was estimated at 750 tpd, although the company's plan to extend the tailings dyke would allow for an increase in capacity."
"We like Global Minerals Ltd.'s Strieborná project, as it's already well advanced with limited downside risk. Underground drilling is ongoing, metallurgical studies are advancing and a new resource estimate and PEA are on the way. . .we initiate coverage on the company with a Buy recommendation."
The Gold Report Interview with Henk Krasenberg
"Global Minerals Ltd. is reviving a former copper-silver producer in Slovakia and aims to become the first real silver producer in Europe. . .[Copper prices] will be a contributing factor but I think Global Mineral's share price will be more dependent on the company's continuous drilling and testing and coming closer to a production decision. The impact of the silver prices will be greater than that of copper. . .financing is on its way. I think that there are good possibilities to get the financing for Strieborná in Europe."
Global Minerals Ltd. Content
CTG: 2011 Precious Metals Summit CEO Presentation
Creamer Media's Mining Weekly Interview with CEO William Pincus (3/18/13)
an Interview with Bill Pincus, CEO of Global Minerals
CEO Bill Pincus Present at the Precious Metals Summit 2012
about CTG's Unique Strieborna Deposit on SmallCaps.us
CTG's Latest Fact Sheet
for CTG's Latest Corporate Presentation
CTG's Mine Rehabilitation Photos
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