Properties

-   TIN NEGOURAN CONSESSIONS 1,2,3 & 4

-   ADRAR - EMOLES CONSESSIONS 3 & 4

• The concessions are located in a district with a history of continuous uranium production since the 1960’s. • Uranium mineralization in the district is sandstone-hosted, tabular to roll-front type, similar to the uranium deposits of the Colorado Plateau and deposits found in Wyoming in the United States. • In the 1970’s a number of high-grade surface deposits were identified on  Global's concessions by International Resources S.A., Tokyo, Japan ("IRSA"). IRSA commenced development of an initial open pit in the early 1980's, but the project was abandoned and returned to the government of Niger when uranium prices collapsed. • The concessions have historically been under-explored with only 52 drill holes known to be completed. • Global has an approximate 60 km strike length of favourable sandstone stratigraphy underlying the concession area. • The concession area is accessible by road. From North America, visitors fly to the capital, Niamey, then fly by local charter to Agadez, and drive approximately 150 km from Agadez to property. Tin-Negouran Concessions •  Airborne geophysics identifies numerous anomalies •  Ground field work and mapping zeros in on drill targets •  Extensive drill program, now in excess of 22,000 meters in 766 drill holes has outlined 5 areas of surface uranium mineralization •  Gamma probe and wet assays ongoing in order to define a mineable reserve and complete a NI 43-101 report •  Initial studies indicate potential for open pit, heap leach operation Adrar-Emoles Concessions •  Located near Areva’s large Imouraren uranium deposit •  Good infrastructure •  Previous drilling by Cogema (now Areva) identified “hot” areas for follow-up drilling •  Data compilation completed •  Drill targets identified •  Drilling to commence in May 2008 Exploration Program   • Global initiated its exploration program in April, 2007. The program included completion of airborne radiometric, drilling in the vicinity of known surface pits. Magnetic and electromagnetic surveys over the 2,000 square kilometre project area and geological and imagery analysis to be integrated with the new geophysical data.   • Review of the economic potential of the high-grade pits identified by the Japanese.    • Completion of a NI 43-101 compliant, initial technical report by fall of 2008. Terms of the Concession Agreements • Global must spend US $2.25 million on each of the six concessions over the next 3 years. • Government of Niger has a 10% carried interest and may elect to participate on a pro-rata basis for up to an additional 30% interest in any mining project.