Global Minerals Ltd. announced the initial results from an on-going underground drill program at its 100% owned Strieborna silver project in Slovakia. The program is designed to define and expand resources in the upper portion of the mineral deposit in areas where early mine development may be anticipated. Drilling was conducted from the first of two drill stations on Level 6 approximately 180 meters below surface.

The top of the deposit is approximately 35-50 meters below this level. The drill program will confirm the upper limits of the deposit as well as the grade and continuity of the silver resource in this area. Future resource estimates and development plans to exploit this high grade area of the deposit will be based on this new information.

An updated resource estimate is planned for third quarter of 2013 and will be incorporated into engineering and economic studies being carried out by AGP Mining Consultants on behalf of the Company.