Mr. Ian Klassen reports

GMV MINERALS INC. COMPLETES INITIAL DRILLING AT DAISY CREEK PROJECT IN LANDER COUNTY, NEVADA

GMV Minerals Inc., pursuant to its news release dated Sept. 10, 2024, has completed its initial drill program on the Daisy project, located in Lander county, Nevada.

The company drilled five targets with 643 metres (2,109 feet) of reverse-circulation and tricone drilling. All holes intercepted various claystone horizons and claystone with felsic ash to lapilli tuffs with a distinctive trend toward more abundant claystone in the central portions of the caldera. Abundant alteration was noted in some drill holes with both oxidized and sulphide-bearing horizons observed.

A total of 221 samples have been submitted to ALS Global for analysis in Elko, Nev., including 10 certified reference standards. The results will be released once they have been received and checked. No lost-time accidents occurred, and all disturbed sites were graded and reseeded with the recommended seed mix.

Dr. D.R. Webb, PhD, PGeo, PEng, is the qualified person for this release within the meaning of NI 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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