Gmv Minerals - GMVMF STOCK NEWS

GMV Minerals Inc. has completed its initial drill program on the Daisy Project in Lander County, Nevada. The company drilled five targets with 643m of RC and tricone drilling, intercepting various claystone horizons and claystone with felsic ash to lapilli tuffs. 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, including 10 Certified Reference Standards. Results will be released once received and checked. No lost time accidents occurred, and all disturbed sites were graded and reseeded.

GMV Minerals is focused on developing precious metal assets in Arizona and Nevada. The company has a 100% interest in the Mexican Hat Property in Arizona, with an NI 43-101 inferred resource estimate of 36,733,000 tonnes grading 0.58 g/t gold at a 0.2 g/t cut-off, containing 688,000 ounces of gold.

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.

GMV Minerals Inc. successfully closes a non-brokered private placement, raising $406,000 through the issuance of 2,706,667 Units at $0.15 per Unit. The funds will be used to advance exploration activities at the Mexican Hat gold property and the Daisy Creek Lithium project.

GMV Minerals Inc. successfully closes the second tranche of its non-brokered private placement, raising $80,250 from the issuance of 535,000 units at $0.15 per unit. The total private placement raised $301,350 with the issuance of 2,009,000 units. The company paid finder's fees totaling $14,286 in cash and 95,240 warrants. The net proceeds will be used for exploration activities at the Mexican Hat gold property and Daisy Creek Lithium project.

GMV Minerals Inc. closes the first tranche of a non-brokered private placement, raising $221,100 from the issuance of 1,474,000 units at $0.15 per unit. The total placement aims to raise up to $300,000 with the issuance of 2,000,000 units. The offering includes common shares and warrants, with finder's fees paid in cash and warrants. A related party transaction was disclosed, with net proceeds intended for exploration activities at the Company's gold and lithium projects in Arizona.

GMV Minerals Inc. (GMVMF) announces amendments to the Option Agreement with Western Property Holdings, for the Daisy Creek Project in Nevada. The cash option payment and share installment have been reduced, with deferred payments and work requirements. The Company expresses gratitude for the support and flexibility provided by WPH. Additionally, incentive stock options have been granted to directors, officers, and consultants.

GMV Minerals Inc. announces an initial drill program at Daisy Creek property to test for Lithium Claystone mineralization. The program follows geophysical analysis and historical data, targeting depths <200m where previous drill holes found elevated lithium. The Company plans to file a Notice of Intent for drilling and aims to replicate successful drill locations for further exploration.