Mr. Ian Klassen reports

GMV MINERALS INC. INTERSECTS TWO THICK LITHIUM CLAYSTONE HORIZONS TESTING 1,250 HECTARES AT DAISY CREEK PROJECT IN LANDER COUNTY, NEVADA

Preliminary results from the four drill holes completed on GMV Minerals Inc.'s Daisy property are very encouraging with a thickening in the claystone horizons and increasing in the grade toward the south. The southernmost hole, DC24-1, intersected three distinct claystone horizons totalling 48.7 metres (m) of lithium enrichment starting 76.2 m downhole.

All holes were 5.5-inch RC (reverse circulation) holes drilled vertically.

DC24-4 was not drilled.

No significant uranium values were encountered.

Ian Klassen, president, states: "We are very pleased with the results showing a thickening and increasing grade to the south on our 100-per-cent-controlled Daisy Creek property. The 48.7 m of total claystone in DC24-1 with values over 1,000 ppm is economically interesting and the grades are increasing towards the deeper parts of the basin. These values well exceed the cut-off grade for most claystone projects in Nevada and similar to some that have been taken to feasibility studies in the Clayton Valley. Claystones typically have an SG of 1.7 gm/cc such that each cubic metre contains 1.7 tonnes of rock. Drill holes DC24-1, 2, and 3 are separated by 300 to 1,000 m, meaning substantial tonnages can be inferred quickly from each drill hole."

RC samples were collected into premarked bags from 10-inch runs, collected and dried before transporting them to the independent certified ALS Global's laboratory in Elko, Nev. They were further dried, crushed and pulverized using CRU-31, SPL-21 and PUL-31 procedures. The pulps were then shipped to ALS Global's laboratory in North Vancouver and were processed using ME-MS41 aqua regia digestion and mass spectrometry analysis. Six certified reference standards, CDN-Li1, were submitted, checked in reruns with internal laboratory standards together with selected samples and returned acceptable results.

Dr. D.R. 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 (USA) in 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 (g/t) gold at a 0.2-gram-per-tonne 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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