Gmv Minerals Stock Price, News & Analysis

GMV Minerals (TSXV:GMV / OTCQB:GMVMF) announced an increase of its non-brokered LIFE Exemption private placement from C$4.0M to up to C$4.55M via the sale of up to 22,750,000 Units at C$0.20 per Unit.

Each Unit includes one common share and one-half warrant (whole warrant exercisable at C$0.35 for 30 months). Finder compensation: 7% cash and finder warrants equal to 7% of Units placed exercisable at C$0.20 for 30 months. Net proceeds are earmarked for the Mexican Hat gold project (SE Arizona) and working capital. First tranche expected Dec 19, 2025; final closing no later than Jan 19, 2026, subject to TSXV acceptance.

GMV Minerals (TSXV:GMV / OTCQB:GMVMF) announced a non-brokered private placement of up to 20,000,000 Units at C$0.20 per Unit for aggregate gross proceeds of up to C$4,000,000 under the LIFE exemption.

Each Unit comprises one common share and one-half warrant (whole warrant exercisable at C$0.35 for 30 months). Finder fees equal 7% cash plus 7% finder warrants exercisable at C$0.20 for 30 months. Expected first tranche close: Dec 19, 2025; final close by Dec 30, 2025.

Net proceeds will fund exploration and development of the Mexican Hat gold project in Arizona; the company cites an NI 43-101 Inferred resource of 688,000 oz Au (effective July 17, 2024) and a PEA effective Aug 8, 2025.

GMV Minerals (OTCQB:GMVMF) received Bureau of Land Management drill permits for its 100% owned Mexican Hat gold project in SE Arizona, subject to posting required reclamation bonding.

GMV has contracted Harris Exploration Drilling for ~35 diamond holes totaling ~7,300 m, targeting start in early spring 2026 to test grade variability and validate resource categories across a 1,200 m deposit to ~100 m below modeled open pit.

The company references a Sept 8, 2025 PEA with a base-case pre-tax NPV5% of US$390.2M (after-tax US$268.3M), pre-tax IRR 66.1% (after-tax 50.2%), 10-year mine life and inferred resource of 688,000 oz gold.

GMV Minerals (OTCQB:GMVMF) has filed an updated Preliminary Economic Assessment (PEA) for its Mexican Hat Gold Project in Arizona. The Base Case projects a pre-tax IRR of 66.1% and NPV of US$390.2 million using a gold price of $2,500/oz. At current gold prices ($3,350/oz), returns increase to a pre-tax IRR of 106.8% and NPV of US$767 million.

The project features a 10-year mine life with total production of 597,841 ounces, averaging 60,000 ounces annually. Initial capital expenditure is estimated at US$90 million, with an all-in-sustaining cost of $1,545 per ounce. The company plans approximately 7,000 meters of in-fill drilling and various optimization studies to advance the project toward feasibility and permitting.

GMV Minerals (OTCQB:GMVMF) has announced positive results from an updated Preliminary Economic Assessment (PEA) for its Mexican Hat Gold Project in Arizona. The Base Case projects a pre-tax IRR of 66.1% and NPV of $390.2 million using a $2,500/oz gold price, with a 1.53-year payback period.

The project features a 10-year mine life with total production of 597,841 ounces, averaging 60,000 ounces annually. Initial capital expenditure is estimated at $89.9 million, with cash costs of $1,354 per ounce and all-in sustaining costs of $1,545 per ounce. The operation will process 10,000 tonnes per day through conventional heap leaching.

At current gold prices ($3,350/oz), the project demonstrates even stronger economics with a pre-tax IRR of 106.8% and NPV of $767 million.

GMV Minerals Inc. has extended its exclusive option to purchase unpatented mineral claims at the Mexican Hat Property in Arizona for an additional three years with a US$5,000 payment to Hernandez Trust. If GMV exercises the option, it must grant Hernandez Trust a 3% NSR royalty, with a buyback option for 1.5% at US$1.5 million. The company has also commissioned an updated Preliminary Economic Assessment (PEA) for the Mexican Hat Property, expected in Q3 2025, to reflect current gold prices and inflation. The assessment involves multiple consulting firms including Samuel Engineering, DRW Geological Consultants, Mine Development Associates, Tierra Group International, and Stantec Consulting Services, focusing on various aspects from metallurgical testing to environmental considerations.

GMV Minerals Inc. (GMVMF) has applied to extend the expiry date of 4,500,000 unlisted common share purchase warrants from June 2024 to June 24, 2026, pending TSX Venture Exchange approval. The warrants, originally issued in June 2022 as part of a non-brokered private placement, are currently exercisable at $0.16 per share.

GMV Minerals is focused on developing precious metal assets in Arizona through its Mexican Hat Property in Cochise County. The property, previously explored by Placer Dome in the late 1980s to early 1990s, has an NI 43-101 inferred resource estimate of 688,000 ounces of gold from 36,733,000 tonnes grading 0.58 g/t gold at a 0.2 g/t cut-off.

GMV Minerals Inc. (TSXV:GMV)(OTCQB:GMVMF) has successfully closed a non-brokered private placement, raising $675,000 through the issuance of 6,750,000 units at $0.10 per unit. Each unit includes one common share and one warrant, exercisable at $0.15 for three years.

The company will use the proceeds to advance exploration at its 100% owned Mexican Hat gold property in Arizona and for working capital. GMV has also engaged ImpactDeck for investor relations services at C$4,000 monthly from April 15, 2025, for an initial three-month term.

Additionally, GMV has granted 1,875,000 stock options to directors, officers, and consultants, exercisable at $0.15 per share for five years. The company's Mexican Hat Property holds an inferred resource of 688,000 ounces of gold from 36,733,000 tonnes grading 0.58 g/t gold at a 0.2 g/t cut-off.

GMV Minerals Inc (TSXV:GMV)(OTCQB:GMVMF) has announced plans to extend the expiry date of 10,009,864 outstanding unlisted common share purchase warrants to June 8, 2026, pending TSX Venture Exchange approval. The warrants, currently exercisable at $0.22 per share, were initially issued during a non-brokered unit private placement in June 2023.

The company owns 100% of the Mexican Hat Property in Cochise County, Arizona, through its subsidiary. This precious metal asset, previously explored by Placer Dome in the late 1980s to early 1990s, has an NI 43-101 inferred resource estimate of 36,733,000 tonnes grading 0.58 g/t gold at a 0.2 g/t cut-off, containing 688,000 ounces of gold. GMV aims to develop the asset for near-term gold production.