GMV Minerals Inc. (GMVMF) reports developments tied to exploration and development of precious-metal assets in Arizona. The company, traded on the TSX Venture Exchange and OTCQB, holds a 100% interest through a subsidiary in the Mexican Hat Property, a gold project in Cochise County, Arizona.
Recurring updates cover drilling at the Mexican Hat Gold Deposit, NI 43-101 resource and technical work, land access arrangements, environmental data collection, and financing activity for field programs. Company news also addresses private placements, unit-and-warrant terms, digital marketing engagements, and other capital or operational matters connected to advancing the project.
GMV Minerals Inc. (TSXV:GMV)(OTCQB:GMVMF) has commenced drilling at its Daisy Creek lithium/uranium project in Lander County, Nevada. The company has engaged Harris Exploration Drilling and Associates Inc. to conduct the initial drill program. The program will consist of approximately six holes from six different setups, totaling ~3500 feet. It aims to test the most prospective lithium targets defined by recent geophysical work, field studies, and historical information.
GMV Minerals is a publicly traded exploration company focused on developing precious metal assets in Arizona and Nevada. The company owns the Mexican Hat Property in Arizona, with an inferred resource of 688,000 ounces of gold. In 2023, GMV acquired 165 lode claims covering 3,408 acres in Lander County, Nevada for lithium exploration.
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.
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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