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Global Minerals (CTG.v) - near-term gold producer


drbubb

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Global Minerals is a growth company engaged in the acquisition, exploration, development and mining of high-grade, mid-size mineral deposits in the Americas & North Africa.

 

The company occupies a market niche by focusing on the development of advanced-stage, highly profitable, mid-tier size ore bodies. This segment of the mining industry has been abandoned by the major mining companies in their quest for "World Class" mineral deposits

 

daily ... update

 

 

weekly ... update

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Projects

 

COLORADO : PERMITTED MINE AND MILL

Recent consolidation of the district, that required over 40 years to complete

District contains over 18 independent past producing small high grade mines within approximately one square mile

Global’s Cash Mine has an operating permit

At present, the 50 ton per day mill has been fully reconditioned and is permitted

Global plans future expansion of the existing mill to 75-100 ton per day capacity

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NEVADA : THE RICH CARLIN TREND

The Carlin Trend in northeastern Nevada forms the largest and most productive accumulation of gold deposits in North America

Carlin Trend has produced 50-million oz. with another 57-million in reserve

Global has 6 major property portfolios totalling 10,000 acres in Nevada

Global’s exploration is targeted at the high grade feeder zones below shallow epithermal gold systems

Potential gold zones are pinpointed using leading edge geochemical and geophysical interpretive methods

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OTHER PROJECTS

Global owns claims covering 1,400 acres of Canada’s most prolific gold producing area, Red Lake, Ontario

Claims are 2 miles from Goldcorp’s new Red Lake Mine, one of the richest deposits in the world

Global vended its Tunisian interests in North Africa to Maghreb Minerals plc, newly listed on the London AIM

In coming to trade, Maghreb raised $7.3-million and has nearly completed a 5,000-metre drilling program in Tunisia, North Africa

Maghreb owns 5 exploration licenses covering 10,000 hectares and options on two government-run mines and mills in Tunisia

 

 

(More coming)

 

Overview in Canadian dollars as at September 30, 2006

 

Stock Exchange Listing: CTG:TSX-V

Shares Outstanding: 67,694,210

Share Price: $0.255 (December 08, 2006)

Market Capitalization: $17.3 million

Options: 8,796,000 + Warrants: 25,315,000

 

Corporate website : http://www.cgmltd.com/projects/

Yahoo quote........ : http://ca.finance.yahoo.com/q?m=c&s=ctg.v&d=v1

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