Global Minerals Ltd.

Global Minerals Ltd.

April 23, 2007 11:56 ET

Global Minerals JV Begins Phase II at Danny Boy

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 20, 2007) - Global Minerals Ltd. (TSX VENTURE:CTG)(FRANKFURT:DFP) and Grandcru Resources Corp. are pleased to announce that they have completed the first of two drill holes planned for the Danny Boy/Quarter Circle S Gold property located in Northern Nevada.

Grandcru Resources is the operator and is earning a 70% joint venture interest in the Danny Boy project subject to a 30% interest held by Global Minerals.

Following a successful phase one drilling program Grandcru Resources Corp. as operator decided to conduct phase two drilling. The first of two holes is now complete.

Hole number one was drilled to 1500 feet and encountered anomalous values of gold, arsenic, mercury, molybdenum, nickel, phosphorous, selenium and zinc. This metal suite and its association with petroleum residue in Paleozoic rocks is typical of the Carlin-type gold deposits mined in the region.

Carlin-type deposits have accounted for over 8.0 million ounces of gold production per year in Nevada. This equates to roughly 75% of US gold production and about 11% of world gold production per year.

Due to difficult drilling conditions the hole was not drilled through the Roberts Mountain thrust into more gold receptive lower-plate rocks. Assuming hole number two started in late March encounters metal values comparable to hole number one it will make the Danny Boy project area highly prospective for the discovery of a very large Carlin-type gold deposit.

Results for hole number two and subsequent exploration plans should be available during June 2007.

All technical content of this press release has been reviewed and approved by George W. Heard, President & CEO.

Global Minerals Ltd. is a Canadian-based company with a focus on the acquisition, exploration and development of mineral property interests.


George W. Heard, President & CEO

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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