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GMV Minerals Inc. - GMVMF STOCK NEWS

Welcome to our dedicated page for GMV Minerals news (Ticker: GMVMF), a resource for investors and traders seeking the latest updates and insights on GMV Minerals stock.

GMV Minerals Inc. is a publicly traded exploration company focused on developing precious metal assets in Arizona. Through its subsidiary, the company holds a 100% interest in the Mexican Hat Property in Arizona, previously explored by Placer Dome (USA). GMV is committed to realizing the mineral potential of the property for near-term gold production. The company recently updated its NI 43-101 resource estimate to 36,733,000 tonnes grading 0.58 g/t gold, with 688,000 ounces of gold at a 0.2 g/t cut-off. GMV is also actively exploring the Daisy Creek Project in Nevada for uranium and lithium mineralization. With ongoing drilling programs and strategic partnerships, GMV aims to advance its projects and unlock their full value.

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GMV Minerals Inc. Reaffirms Commitment to Mexican Hat Gold Project - Drill Permit Received for Nevada Project

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GMV Minerals Inc. (TSXV:GMV)(OTCQB:GMVMF) has provided an update on its Mexican Hat gold project in SE Arizona and its Daisy Creek project in Nevada. The company's PEA for Mexican Hat reports an Inferred Mineral Resource of 688,000 ounces of gold, with a potential 10-year mine life recovering 525,000 ounces. GMV plans to conduct a diamond drill program to upgrade the resource classification and gather geotechnical data. For the Daisy Creek project, GMV has received approval for its Notice of Intent from the BLM and plans to proceed with a 6-hole drill program to test for lithium claystone mineralization.

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GMV Minerals Inc. Files Notice of Intent to Drill Daisy Creek Project in Lander County, Nevada

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GMV Minerals Inc. has filed a Notice of Intent to drill Daisy Creek Project in Nevada and has applied to extend the expiry date for 4,500,000 common share purchase warrants. The company is targeting to drill in June/July 2024 and is focused on developing precious metal assets in Arizona.

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GMV Minerals Inc. Closes Non-Brokered Financing

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GMV Minerals Inc. successfully closes a non-brokered private placement, raising $406,000 through the issuance of 2,706,667 Units at $0.15 per Unit. The funds will be used to advance exploration activities at the Mexican Hat gold property and the Daisy Creek Lithium project.
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GMV Minerals Inc. Closes Second Tranche Non-Brokered Financing

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GMV Minerals Inc. successfully closes the second tranche of its non-brokered private placement, raising $80,250 from the issuance of 535,000 units at $0.15 per unit. The total private placement raised $301,350 with the issuance of 2,009,000 units. The company paid finder's fees totaling $14,286 in cash and 95,240 warrants. The net proceeds will be used for exploration activities at the Mexican Hat gold property and Daisy Creek Lithium project.
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GMV Minerals Inc. Closes First Tranche Non-Brokered Financing

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GMV Minerals Inc. closes the first tranche of a non-brokered private placement, raising $221,100 from the issuance of 1,474,000 units at $0.15 per unit. The total placement aims to raise up to $300,000 with the issuance of 2,000,000 units. The offering includes common shares and warrants, with finder's fees paid in cash and warrants. A related party transaction was disclosed, with net proceeds intended for exploration activities at the Company's gold and lithium projects in Arizona.
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GMV Minerals Secures Deferments Under Option Agreement for Daisy Creek Lithium Project

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GMV Minerals Inc. (GMVMF) announces amendments to the Option Agreement with Western Property Holdings, for the Daisy Creek Project in Nevada. The cash option payment and share installment have been reduced, with deferred payments and work requirements. The Company expresses gratitude for the support and flexibility provided by WPH. Additionally, incentive stock options have been granted to directors, officers, and consultants.
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GMV Minerals Defines Initial Drill Program to Test for Uranium and Lithium at the Daisy Creek Project in North Central Nevada

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GMV Minerals Inc. announces an initial drill program at Daisy Creek property to test for Lithium Claystone mineralization. The program follows geophysical analysis and historical data, targeting depths <200m where previous drill holes found elevated lithium. The Company plans to file a Notice of Intent for drilling and aims to replicate successful drill locations for further exploration.
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GMV Minerals Receives Helicopter-Borne High Resolution Magnetic and Radiometric Survey Results ---Multiple Priority Targets Identified at Its Daisy Creek Lithium Project

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GMV Minerals Inc. (TSXV: GMV) (OTCQB: GMVMF) has received completed geophysical surveys from Precision GeoSurveys Inc. on its Daisy Creek project in Nevada. The survey outlined the northern portion of the Daisy Creek caldera, identifying thirteen magnetic anomalies with associated radiometric anomalies. The company plans to initiate ground truthing of these anomalies and cross reference with surface disturbances prior to drilling, marking a significant step towards an upcoming drill program.
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GMV Minerals Retains Precision GeoSurveys Inc. to Fly Helicopter-Borne High Resolution Magnetic and Radiometric Survey at the Daisy Creek Project in North Central Nevada

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GMV Minerals Inc. contracts Precision GeoSurveys Inc. for a high-resolution survey at Daisy Creek project in Nevada.
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GMV Minerals Doubles Its Land Position at the Daisy Creek Lithium Project in North Central Nevada

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FAQ

What is GMV Minerals Inc. focused on?

GMV Minerals Inc. is focused on developing precious metal assets in Arizona.

What does GMV own in Arizona?

GMV owns a 100% interest in the Mexican Hat Property in Cochise County, Arizona.

Who previously explored the Mexican Hat Property?

The Mexican Hat Property was initially explored by Placer Dome (USA) in the late 1980s to early 1990s.

What is GMV's NI 43-101 resource estimate?

GMV's NI 43-101 resource estimate includes 36,733,000 tonnes grading 0.58 g/t gold, containing 688,000 ounces of gold at a 0.2 g/t cut-off.

What mineral potential is GMV exploring at the Daisy Creek Project?

GMV is exploring uranium and lithium mineralization at the Daisy Creek Project in Nevada.

What is GMV's goal for its projects?

GMV aims to advance its projects through ongoing drilling programs and strategic partnerships to unlock their full value.

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GMV Minerals Inc.

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GMVMF Stock Data

8.39M
83.84M
6.37%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
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