Mr. Ian Klassen reports
GMV MINERALS BEGINS DRILLING AT THE MEXICAN HAT GOLD DEPOSIT IN S.E. ARIZONA
GMV Minerals Inc. has commenced drilling at the Mexican Hat gold deposit in southeastern Arizona. The first holes will focus on confirmatory core drilling of the deposit spanning 1,000 metres in strike length, 400 metres of true width from near surface at elevation 1,565 metres to an elevation of 1,185 metres. This will test approximately 90 per cent of the mineralization, providing confirmation of grade distribution and allowing for the inferred mineral resource to be confirmed and potentially be upgraded and geotechnical information to be collected to assist in modelling of the open pit.
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 the 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 National Instrument 43-101 resource estimate (inferred) is 36,733,000 tonnes grading 0.58 gram per tonne gold at a 0.2-gram-per-tonne cut-off, containing 688,000 ounces of gold, with an effective date of Aug. 8, 2025.
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.
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