It means that both the object and the image formed by a spherical mirror (concave or convex) are erect (I.e., upright). An erect image is always virtual. Thus, positive magnification indicates that the image formed by a spherical mirror is virtual.
Linear magnification (m): Linear magnification produced by a mirror is the ratio of the size of the image formed (denoted by h') to the ratio of the size of the object.