GMV Minerals is pleased to announce that further to receipt of additional geophysical depth analysis of its helicopter-borne high resolution magnetic and radiometric survey, the Company's exploration team has proposed an initial drill program of six holes at the Daisy Creek property. The program is designed to test the Daisy Property for prospective Lithium Claystone mineralization. The property was explored in the past [...]
GMV Minerals is pleased to announce that it has received the completed geophysical surveys from Precision GeoSurveys Inc. of Langley, British Columbia on its Daisy Creek project. The survey was designed to outline the northern portion of the Daisy Creek caldera where Phillips Uranium's historic drill results returned very impressive high-grade lithium values while testing uranium targets within the basin fill. GMV's [...]
GMV Minerals Inc. is pleased to announce that it has contracted Precision GeoSurveys Inc. of Langley, British Columbia to perform a helicopter-borne high resolution magnetic and radiometric survey at its Daisy Creek project. Ian Klassen, CEO, remarked: "We are very pleased to be working with Precision, a Canadian and global leader in airborne geophysics. The airborne survey, expected to start in the next two weeks, will [...]
GMV Minerals is pleased to announce that it has staked 83 additional lode claims adjacent to its land position at the Daisy Creek Lithium project. The Company now controls or owns a total of 165 lode claims covering 3,408 acres. Last month, GMV conducted a site visit with the vendors of the Daisy Creek property and observed the caldera complex to be as described, filled with relatively shallow-dipping interlaminated [...]
GMV Minerals is pleased to report that its non-brokered private placement has closed with the issuance of 10,009,864 Units at a price of $0.14 per Unit for gross proceeds of $1,401,381 with all securities issued having a four-month hold period which expires on October 3, 2023. Each Unit in this offering consists of one common share in the capital of the Company and one share purchase warrant . Each warrant entitles the [...]
GMV Minerals is pleased to announce that it has entered into an option agreement dated May 15, 2023 with Western Property Holdings, LLC for the exclusive option to acquire the Daisy Creek Property, consisting of 82 lode mining claims comprising 1,694.12 acres. The Daisy Creek Lithium Property is located in Lander County in north central Nevada. The claims are located near several operating gold mines and access to power [...]
GMV Minerals is pleased to announce the following update: The Company had a relatively quiet 2022 as it considered plans for an active drilling campaign in 2023 and it has been speaking to existing shareholders and strategic investors concerning potential capital solutions for the upcoming year. The Company continues to be very encouraged by its core project known as the Mexican Hat gold deposit located in SE Arizona. The [...]
GMV Minerals is pleased to report that its non-brokered private placement has closed with the issuance of 4,500,000 Units at a price of $0.10 per Unit for gross proceeds of $450,000 with all securities issued having a four-month hold period which expires on October 24, 2022. Each Unit in this offering consists of one common share in the capital of the Company and one share purchase warrant . Each warrant entitles the Unit [...]
GMV Minerals is pleased to announce that it has applied to the TSX Venture Exchange to extend the expiry date for 300,000 of its outstanding unlisted common share purchase warrants. The Warrants, each of which is currently exercisable to purchase one common share of the Company at $0.30 per share, were originally issued by the Company as part of non-brokered unit private placement financing completed in November 2020. The [...]
GMV Minerals announces that its drill has now been moved to the north of Mexican Hat Mountain to test the Principal Controlling Structure where it is associated with a very strong magnetic anomaly that is an extension to the underlying established resource. We are encouraged to have intersected strongly altered structures following magnetic lows, and have now focused on these same structures where there is a stronger [...]
GMV Minerals is pleased to announce that it has commenced drilling on its wholly-owned Mexican Hat Property. GMV has completed the first hole on its phase one expansion focused exploration program at the Mexican Hat. The first hole was collared approximately 65m east of the eastern-most drill hole from the boundary of the southeastern pit, targeting the trend as extrapolated from drilling and geophysical data. This is the [...]
GMV Minerals announces drill mobilization at its 100% owned Mexican Hat Gold project. The Company is 100% funded for this expansion drill program. NASCO Industrial Services and Supply has been engaged to drill up to 3000 metres of diamond drill core on the Company's Mexican Hat gold project. The Company expects the drilling program to commence within the next seven days. Dr. D.R. Webb, Ph.D., P.Geo., P.Eng. is the Q.P [...]