Star Metro - GMV Minerals Begins Drilling at the Mexican Hat Gold Deposit in S.E. Arizona

NYSE - LSE

CMSD	0.52%	23.25	$
BCE	0.5%	23.9	$
NGG	-0.58%	89.02	$
RBGPF	-1.84%	62.6	$
CMSC	0%	22.82	$
RIO	0.25%	100.73	$
AZN	-1.28%	185.005	$
RYCEF	3.07%	16.3	$
GSK	-1%	51.79	$
JRI	0.46%	13.05	$
BCC	-0.74%	78.69	$
RELX	0.38%	36.73	$
BP	-1.56%	46.65	$
VOD	1.86%	16.1	$
BTI	0.91%	59.34	$

GMV Minerals Begins Drilling at the Mexican Hat Gold Deposit in S.E. Arizona

THINGS TO KNOW 16.04.2026

GMV Minerals Begins Drilling at the Mexican Hat Gold Deposit in S.E. Arizona

VANCOUVER, BC / ACCESS Newswire / April 16, 2026 / GMV Minerals Inc. (the "Company" or "GMV") (TSXV:GMV)(OTCQB:GMVMF) is pleased to announce that drill mobilization went smoothly and that it has commenced drilling at the Mexican Hat Gold Deposit in SE Arizona. The first holes will focus on confirmatory core drilling of the deposit spanning 1,000 m in strike length, 400 m of true width from near surface at elevation 1,565 m to an elevation of 1,185 m. This will test approximately 90% of the mineralization providing confirmation of grade distribution allowing for the Inferred Mineral Resource to be confirmed and potentially be upgraded, and to collect geotechnical information to assist in modelling of the open pit.

Text size:

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, with an effective date of August 8, 2025.

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.

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: [email protected]

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". Forward-looking information contained in this news release include, but are not limited to, statements or information with respect to: the engagement of Machai, including the services to be provided and the grant of options to Machai, the anticipated drilling program on the Mexican Hat Project, including timing thereof, the results of the PEA, including the IRR and NPV, life of mine and production, capital expenditures, cost estimates; and the mine plan, future plans; mineral resources; and future gold prices. 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. Assumptions upon which forward-looking information contained in this news release is based, without limitation, include: ability to obtain approval of the TSXV, the services to be provided by Machai, results of the drill program on the Mexican Hat Project and future exploration; gold prices; accuracy of the results of the PEA, including key assumptions and methods used to determine mineral resources and the results of the PEA; the ability to obtain required permits and approvals; the ability to execute future plans; exchange rates; ability to obtain funding; and changes in regulatory or community environment. Risks, and uncertainties include: results of further drilling and exploration; risks related to mineral tenure, permits and approvals; risks related to the execution of future plans; changes in gold price and exchange rates; risks related to obtaining financing; foreign country risks; regulatory risks and liabilities; and those risks and uncertainties as further described in the Company's filings with Canadian securities regulators which can be found on SEDAR+ at www.sedarplus.ca under the Company's profile. 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 ACCESS Newswire

K.Morrison--SMC

Featured

India's cows offer biogas alternative to Mideast energy crunch

Across much of India, an energy crunch caused by the Iran war has prompted long queues for cooking gas cyclinders. That's not a problem for Gauri Devi.

BeMetals Announces Resumption of Trading on TSX Venture Exchange and Effective Date of Share Consolidation

VANCOUVER, BC / ACCESS Newswire / May 1, 2026 / BeMetals Corp. (TSXV:BMET)(OTCQB:BMTLF)(Frankfurt:1OI.F) ("BeMetals" or the "Company") announces that trading of its common shares on the TSX Venture Exchange (the "TSXV") will resume, effective at the open of market on May 5, 2026, and, further to its news release dated April 16, 2026, it has received approval from the TSX Venture Exchange to consolidate the Company's outstanding common shares on the basis of one new common share for every 10 common shares (the "Consolidation").

Abasca Resources to Participate in Core Days 2026 and Closes $2.5 Million Private Placement

HighlightsAbasca to participate in Core Days 2026 in La Ronge, Saskatchewan, May 11-13, 2026, reinforcing the Company's long-standing engagement with Northern Saskatchewan communitiesClosed $2.5 million non-brokered private placement, comprising 9,000,000 flow-through common shares at $0.25 and 1,250,000 non-flow-through common shares at $0.20Flow-through proceeds will fund Canadian exploration expenses on the Key Lake South Project, which hosts the Loki Flake Graphite Deposit (Figure 1)

Mkango Resources Limited Announces Year End 2025 Financial Statements and DFS

MKANGO RELEASES YEAR END 2025 FINANCIAL STATEMENTS AND FILES NI 43-101 DEFINITIVE FEASIBILITY STUDY REPORT FOR THE SONGWE HILL RARE EARTHS PROJECT IN MALAWI