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Home > Economy & Finance > Bill Pincus, CEO of Global Minerals, Outlines Plans for Taking Strieborná Towards Production

Bill Pincus, CEO of Global Minerals, Outlines Plans for Taking Strieborná Towards Production

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Update interview with Mr. Bill Pincus President and CEO of Global Minerals Ltd. TSX Venture Exchange: CTG April 15, 2013
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Page 1: Bill Pincus, CEO of Global Minerals, Outlines Plans for Taking Strieborná Towards Production

Update interview with Mr. Bill Pincus

President and CEO of Global Minerals Ltd.

TSX Venture Exchange: CTGApril 15, 2013

Page 2: Bill Pincus, CEO of Global Minerals, Outlines Plans for Taking Strieborná Towards Production

Disclosure/Safe Harbour Statement

This interview and presentation may contain certain forward looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from Global Mineral Ltd’s (“the Company”) expectations and projections. Except for statements of historical fact relating to the Company, certain information contained herein constitutes “forward-looking statements”.

Page 3: Bill Pincus, CEO of Global Minerals, Outlines Plans for Taking Strieborná Towards Production

Strieborná Resource EstimateApril 2008

Page 4: Bill Pincus, CEO of Global Minerals, Outlines Plans for Taking Strieborná Towards Production

Existing Infrastructure

• Underground Access- Inclined shaft and internal vertical shaft- 3,000 meters of development tunnels 1.6 km haulage tunnel

• Surface Facilities- Offices- Power- Tailings Disposal Facility- Railroad nearby

Page 5: Bill Pincus, CEO of Global Minerals, Outlines Plans for Taking Strieborná Towards Production

Rehabilitation Haulage Tunnel

Before

After

Page 6: Bill Pincus, CEO of Global Minerals, Outlines Plans for Taking Strieborná Towards Production

The Slovak Republic

Page 7: Bill Pincus, CEO of Global Minerals, Outlines Plans for Taking Strieborná Towards Production

The Town of Rožnava

Page 8: Bill Pincus, CEO of Global Minerals, Outlines Plans for Taking Strieborná Towards Production

Underground Drilling Activities

Page 9: Bill Pincus, CEO of Global Minerals, Outlines Plans for Taking Strieborná Towards Production

Underground Drilling Activities

Page 10: Bill Pincus, CEO of Global Minerals, Outlines Plans for Taking Strieborná Towards Production

PEA

• Preliminary Economic Assessment, or PEA includes:

- Estimated value of the deposit

- Detailed mine plan

- Results of metallurgical test work

Expected Q3 2013

Page 11: Bill Pincus, CEO of Global Minerals, Outlines Plans for Taking Strieborná Towards Production

Strieborná CAPEX

• Expected to be well below $100 million

• Potential financing mechanisms:

- Supplier financing

- Convertible debt

- Revolving credit

- Commodity debt

- …

Page 12: Bill Pincus, CEO of Global Minerals, Outlines Plans for Taking Strieborná Towards Production

Balance SheetAmounts in $000's 12/31/2012 12/31/2011

Cash and Cash Eq. 6,587 12,329

Receivables 1,452 908

Property, plant and equipment 2,252 1,735

Mineral property 2,269 2,009

Total Assets 12,926 17,516

Accounts payable 463 524

Total Liabilities 524 617

Total Stockholder Equity 12,402 16,898

Most important balance sheet data for the periods ending December 31, 2012 and December 31, 2011.

Page 13: Bill Pincus, CEO of Global Minerals, Outlines Plans for Taking Strieborná Towards Production

The Path Forward

Page 14: Bill Pincus, CEO of Global Minerals, Outlines Plans for Taking Strieborná Towards Production

Major Shareholders

26%

11%

6%

57%

Esperanza ResourcesCorp

Geologic ResourcePartners, Llc

Sprott AssetManagement LP

Free Float

Page 15: Bill Pincus, CEO of Global Minerals, Outlines Plans for Taking Strieborná Towards Production

Conceptual Project Design

Page 16: Bill Pincus, CEO of Global Minerals, Outlines Plans for Taking Strieborná Towards Production

Stock Information

Ticker TSX CTG

Ticker Frankfurt DFPN

Current Price 0.165

52-week High – Low 0.53 – 0.165

Average Daily Volume (3 months) 190,000

Shares Outstanding 110,824,000

Fully Diluted 148,652,000

Market Cap 18.28 M

Website http://www.globalminerals.com


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