Global Minerals Ltd. - Retraction of Recent News

    TSX Venture Exchange
    Symbol: CTG
    Frankfurt Exchange
    Symbol: DFB

    VANCOUVER, Feb. 7 /CNW/ - Global Minerals Ltd. (the "Company") - further
to its news release of today's date regarding the Metallurgical Report
completed for the Strieborna Mine, the Company retracts all quantified forward
looking production statements in the news release. The disclosure was
inappropriate as the Company does not have a compliant current resource

    Global Minerals is a Canadian-based company with focus on the
acquisition, exploration and development of mineral property interests.

    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.

    Global Minerals Ltd.

    "George Heard"

    George W. Heard
    President and CEO

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy of this release.

For further information:

For further information: about Global, visit, or contact
investor relations, Derek Sutherland, at (778) 786-1531 or email

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