GLOBAL MINERALS ANNOUNCES BOARD CHANGES AND APPOINTMENTS
VANCOUVER, Nov. 2 /CNW/ - Global Minerals Ltd. (CTG: TSX-V) ("Global or the "Company") is pleased to announce that Mr. William Pincus has been appointed to the board of directors. The Company has also appointed Mr. William Bond as Vice-President, Exploration and Mr. Martin Zahorec as Country Manager and CEO of Global Minerals Slovakia.
Mr. Pincus has over 30 years of industry experience. He was Vice President of Sunshine Mining Company, overseeing the development of the 155-million-ounce Pirquitas silver deposit. Previously Mr. Pincus was Executive Vice President of the mining consulting firm, Pincock, Allen and Holt. Prior experience includes both FMC Gold (now Meridian Gold) and Atlas Corporation where he was involved in the successful exploration and acquisition of various precious metal projects. He graduated from the University of Colorado with a B.A. in geology in 1975 and received an M.Sc. in geology and an M.Sc. in mineral economics in 1981 and 1986, respectively, from the Colorado School of Mines. He is a Certified Professional Geologist.
Mr. Bond has been involved with precious metals exploration and production for 30 years, previously as Mines Operations Geologist for Homestake Mining Company, Chief Geologist for Asamera Minerals (U.S.) Inc., Chief Geologist for Sunshine Precious Metals, Inc., and Vice President of Exploration for Sunshine Mining & Refining Company. Mr. Bond was instrumental in the discovery and exploration of several major deposits including the 30-million-ounce West Chance silver deposit at the Sunshine Mine, the 155-million-ounce Pirquitas deposit and a multi-million-ounce gold deposit in Argentina. Mr. Bond earned a B.A. in geology from Winona State University and an M.S. in geology from the South Dakota School of Mines and Technology. He is a Professional Geologist registered by the State of Oregon.
Mr. Zahorec has over 20 years of mining, project management and exploration experience on projects in North America, Central and South America and Eastern Europe. He was born and raised in Slovakia and graduated with a degree in Geology from Comenius University in Bratislava, Slovakia in 1987.
Mr. Lawrence Dick has resigned as a director and the board wishes to thank Mr. Dick for his contributions to the Company while serving as a director.
About Global Minerals Ltd.
Global Minerals is focused on the advanced exploration and development of its primary asset, the Strieborna silver/copper/antimony deposit in Slovakia.
Strieborna is an advanced stage exploration project with current NI 43-101 compliant resources of 1.925 million tonnes (measured and indicated) at 231.7 g/t silver, 1.1% copper and 0.7% antimony and inferred resources of 1.500 million tonnes at 180 g/t silver, 0.9% copper and 0.6% antimony (AMC Pty, April 2008). The complete NI 43-101 Technical Report can be found on SEDAR at www.sedar.com.
Management is implementing plans to advance exploration and development of the Strieborna vein, parallel local veins and other known vein systems in the Rosnova District.
Esperanza Resources Corp. has made a strategic investment in Global Minerals Ltd. The investment will ultimately yield Esperanza, subject to shareholder approval, a 36.4% equity interest in Global.
This press release was prepared by George Heard, B. Sc., MBA, P. Eng, a qualified person in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.
ON BEHALF OF THE BOARD
George W. Heard
President and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information:
For further information about Global, visit www.globalminerals.com, or contact George Heard at 604.632.0085 or email [email protected].
Share this article