Mr. Ian Klassen reports
GMV MINERALS INC. COMMENCES DRILLING AT DAISY CREEK PROJECT IN LANDER COUNTY, NEVADA
GMV Minerals Inc. has begun drilling at its Daisy Creek lithium-uranium project in Lander county, Nevada. The company has engaged Nevada-based Harris Exploration Drilling and Associates Inc. to commence its initial drill program at the Daisy Creek project. Harris Exploration has decades of successful drill exploration experience spanning across the Americas on all types of projects.
Ian Klassen, president, remarked, "We are pleased to be drill testing the Daisy Creek project and to be doing so with Harris Exploration, a highly reputable and experienced company that is very familiar with this type of geology."
The company's initial reverse circulation drill program will be approximately six holes from six different set-ups totalling approximately 3,500 feet. The program is designed to test the most prospective lithium targets, as defined by the most recent geophysical fieldwork and historical information.
Dr. David Ralph Webb, PhD, PGeo, PEng, is the qualified person for this release, within the meaning of National Instrument 43-101, and has reviewed the technical content of this release and has approved its content.
About GMV Minerals Inc.
GMV Minerals is a publicly traded exploration company focused on developing precious metal assets in Arizona. GMV, through its 100-per-cent-owned subsidiary, has a 100-per-cent interest in a mining property lease commonly referred to as the Mexican Hat property, located in Cochise county, Arizona, United States. The project was initially explored by Placer Dome from the late 1980s to early 1990s. GMV is focused on developing the asset and realizing the full mineral potential of the property through near-term gold production. The company's NI 43-101 resource estimate (inferred) is 36,733,000 tonnes grading 0.58 gram per tonne gold at a 0.2 g/t cut-off, containing 688,000 ounces of gold. In 2023, GMV acquired a total of 165 lode claims, covering 3,408 acres, in Lander county, Nevada, where it is exploring highly prospective claims for lithium.
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