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GMV Minerals Inc. Commences Drilling at Daisy Creek Project in Lander County, Nevada

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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) ha avviato le operazioni di perforazione presso il suo progetto di litio/uranio Daisy Creek, situato nella contea di Lander, in Nevada. L'azienda ha ingaggiato Harris Exploration Drilling and Associates Inc. per condurre il programma iniziale di perforazione. Il programma prevede circa sei fori provenienti da sei posizioni diverse, per un totale di ~3500 piedi. L'obiettivo è testare i target di litio più promettenti definiti dai recenti studi geofisici, studi di campo e informazioni storiche.

GMV Minerals è un'azienda di esplorazione pubblicamente quotata, focalizzata sullo sviluppo di risorse di metalli preziosi in Arizona e Nevada. L'azienda possiede il Mexican Hat Property in Arizona, con una risorsa inferita di 688,000 once d'oro. Nel 2023, GMV ha acquisito 165 diritti minerari che coprono 3,408 acri nella contea di Lander, Nevada per l'esplorazione del litio.

GMV Minerals Inc. (TSXV:GMV)(OTCQB:GMVMF) ha comenzado la perforación en su proyecto de litio/uranio Daisy Creek en el condado de Lander, Nevada. La compañía ha contratado a Harris Exploration Drilling and Associates Inc. para llevar a cabo el programa inicial de perforación. El programa consistirá en aproximadamente seis agujeros desde seis configuraciones diferentes, totalizando ~3500 pies. Su objetivo es probar los objetivos de litio más prometedores definidos por recientes trabajos geofísicos, estudios de campo e información histórica.

GMV Minerals es una empresa de exploración que cotiza en bolsa y se centra en desarrollar activos de metales preciosos en Arizona y Nevada. La empresa es propietaria de la propiedad Mexican Hat en Arizona, con un recurso inferido de 688,000 onzas de oro. En 2023, GMV adquirió 165 reclamos mineros que cubren 3,408 acres en el condado de Lander, Nevada para la exploración de litio.

GMV Minerals Inc. (TSXV:GMV)(OTCQB:GMVMF)가 네바다 주 랜더 카운티에 위치한 다이지 크릭 리튬/우라늄 프로젝트에서 드릴 작업을 시작했습니다. 회사는 초기 드릴 프로그램을 수행하기 위해 Harris Exploration Drilling and Associates Inc.를 고용했습니다. 이 프로그램은 약 3,500 피트에 해당하는 6개의 서로 다른 설정에서의 6 개 구멍으로 구성됩니다. 이는 최근의 지구물리학적 작업, 현장 연구 및 역사적 정보를 바탕으로 정의된 가장 유망한 리튬 목표를 테스트하기 위한 것입니다.

GMV Minerals는 애리조나와 네바다에서 귀금속 자산 개발에 중점을 둔 상장 탐사 회사입니다. 이 회사는 애리조나에 있는 Mexican Hat Property를 소유하고 있으며, 688,000 온스의 금 추정 자원이 있습니다. 2023년, GMV는 리튬 탐사를 위해 네바다 주 랜더 카운티에서 3,408 에이커를 커버하는 165개의 채굴 권리를 인수했습니다.

GMV Minerals Inc. (TSXV:GMV)(OTCQB:GMVMF) a commencé des forages sur son projet de lithium/uranium Daisy Creek dans le comté de Lander, au Nevada. La société a engagé Harris Exploration Drilling and Associates Inc. pour réaliser le programme initial de forage. Ce programme comprendra environ six trous provenant de six installations différentes, totalisant ~3500 pieds. L'objectif est de tester les cibles de lithium les plus prometteuses définies par des travaux géophysiques récents, des études de terrain et des informations historiques.

GMV Minerals est une société d'exploration cotée en bourse qui se concentre sur le développement d'actifs de métaux précieux en Arizona et au Nevada. La société possède la propriété Mexican Hat en Arizona, avec une ressource présumée de 688 000 onces d'or. En 2023, GMV a acquis 165 droits miniers couvrant 3 408 acres dans le comté de Lander, Nevada pour l'exploration du lithium.

GMV Minerals Inc. (TSXV:GMV)(OTCQB:GMVMF) hat mit der Bohrung in seinem Lithium/Uran-Projekt Daisy Creek im Lander County, Nevada, begonnen. Das Unternehmen hat Harris Exploration Drilling and Associates Inc. beauftragt, das anfängliche Bohrprogramm durchzuführen. Das Programm umfasst ungefähr sechs Löcher aus sechs verschiedenen Standorten, die insgesamt ~3500 Fuß ergeben. Ziel ist es, die vielversprechendsten Lithiumziele zu testen, die durch kürzlich durchgeführte geophysikalische Arbeiten, Feldstudien und historische Informationen definiert wurden.

GMV Minerals ist ein an der Börse notiertes Explorationsunternehmen, das sich auf die Entwicklung von Edelmetallressourcen in Arizona und Nevada konzentriert. Das Unternehmen besitzt die Mexican Hat Property in Arizona mit einer geschätzten Ressource von 688.000 Unzen Gold. Im Jahr 2023 erwarb GMV 165 Bergbauansprüche, die 3.408 Acres im Lander County, Nevada abdecken, zur Lithiumexploration.

Positive
  • Commencement of drilling at the Daisy Creek lithium/uranium project
  • Engagement of experienced drilling contractor Harris Exploration
  • Initial drill program of ~3500 feet targeting prospective lithium areas
  • Diversified portfolio with gold project in Arizona and lithium claims in Nevada
  • Inferred resource of 688,000 ounces of gold at Mexican Hat Property
Negative
  • None.

VANCOUVER, BC / ACCESSWIRE / September 10, 2024 / GMV Minerals Inc. (the "Company" or "GMV") (TSXV:GMV)(OTCQB:GMVMF) is pleased to announce that it has commenced 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 totaling ~3500 feet. The program is designed to test the most prospective lithium targets as defined by the most recent geophysical, field work and historical information.

Dr. D.R. Webb, Ph.D., P.Geo., P.Eng. is the Q.P. 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 Inc. is a publicly traded exploration company focused on developing precious metal assets in Arizona. GMV, through its 100% owned subsidiary, has a 100% interest in a Mining Property Lease commonly referred to as the Mexican Hat Property, located in Cochise County, Arizona, USA. The project was initially explored by Placer Dome (USA) in the late 1980's to early 1990's. 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 g/t 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.

ON BEHALF OF THE BOARD OF DIRECTORS
________________________________________
Ian Klassen, President

For further information please contact:
GMV Minerals Inc.
Ian Klassen
Tel: (604) 899-0106
Email: Klassen@gmvminerals.com

Cautionary Statement Regarding Forward-Looking Information

This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties as described in the Company's filings with Canadian securities regulators. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: GMV Minerals, Inc.



View the original press release on accesswire.com

FAQ

What is GMV Minerals' stock symbol on the OTCQB?

GMV Minerals' stock symbol on the OTCQB is GMVMF.

How many holes are planned for GMV Minerals' initial drill program at Daisy Creek?

GMV Minerals plans to drill approximately six holes from six different setups, totaling ~3500 feet in their initial drill program at Daisy Creek.

Where is GMV Minerals' Daisy Creek project located?

GMV Minerals' Daisy Creek project is located in Lander County, Nevada.

What is the inferred resource estimate for GMV Minerals' Mexican Hat Property?

The inferred resource estimate for GMV Minerals' Mexican Hat Property is 36,733,000 tonnes grading 0.58 g/t gold at a 0.2 g/t cut-off, containing 688,000 ounces of gold.

How many lode claims did GMV Minerals acquire in Lander County, Nevada in 2023?

In 2023, GMV Minerals acquired a total of 165 lode claims covering 3,408 acres in Lander County, Nevada.

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