Global Minerals Ltd.

Global Minerals Ltd.

March 28, 2007 19:17 ET

Global Minerals Ltd.: Front Range Project Update

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 28, 2007) - Global Minerals Ltd. (TSX VENTURE:CTG)(FRANKFURT:DFP) announces that during the quarter a major milestone was reached when the first loads of gold-silver flotation concentrate were shipped to the Met Mex smelter in Torreon, Mexico. Forty tons of concentrate produced from development ore was shipped and the net proceeds of the sale are expected to be in excess of US$100,000. This represents the first significant gold and silver production from the Gold Hill district in over fifty years.

Mill production appears to be sustainable at 50 tons per day. Unfortunately a bearing failure on the primary crusher caused a one month outage during the quarter. Repairs are underway and production is expected to resume by month end.

On the mining side, five stopes are available for production with a sixth stope under construction. New development continued on the Freiburg drift where the results from recent diamond drilling indicate potential for multi ounce stope material.

Since the start of production the operation has won several awards including the MSHA Sentinels of Safety Award (Mine & Mill), the CMA Pollution Prevention Program Award and the Colorado DRMS Hardrock Reclamation Award.

In addition to gold production starting, both surface and underground (long and short range) drill programs are planned to guide drift and stope development. Approximately 8,000 feet of surface drilling and an additional 5,000 feet of underground drilling are scheduled.

Senior management would like to congratulate the management and staff of the mine and mill for their hard and patient work in creating a safe, award-winning operation.

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.

Contact Information