District Metals Corp.

Global Minerals is pleased to announce the results of a positive Preliminary Economic Assessment for its 100%-owned Strieborná silver-copper-antimony deposit in Slovakia. The PEA envisions an underground mine and conventional flotation milling operation with an initial seven year mine life. Mining output is modeled at 300 tonnes per day for the first two years, increasing to 500 tpd starting from year three. Over the life of mine [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 20, 2014) - Global Minerals Ltd. (TSX VENTURE:CTG) is pleased to announce the release of its audited financial statements for the year ended June 30, 2014 (available on SEDAR). Key highlights include: Fiscal year 2014: Cash at year-end (30 June 2014) at $1,665,900 and no debt Working capital of [...]

Global announces it has increased and closed its previously announced non-brokered private placement and has issued 3,650,000 units at a price of $0.20 per Unit for aggregate proceeds of $730,000. Each Unit will be comprised of one common share and one-half of one share purchase warrant. Each whole Warrant is exercisable to purchase one common [...]

Global announces a non-brokered private placement of $700,000 through the issuance of 3,500,000 units at a price of $0.20 per Unit. Each Unit will be comprised of one common share and one-half of one share purchase warrant. Each whole Warrant is exercisable to purchase one common share at a price of $0.28 per share for a period of two years from [...]

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 [...]

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 [...]

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 [...]