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 [...]
GMV Minerals is pleased to announce that it has received all the necessary drill permits from the State of Arizona and the Bureau of Land Management to proceed with its next phase of step-out drilling at its 100% owned Mexican Hat gold project. The Company is 100% funded for this drill program. NASCO Industrial Services and Supply has been engaged to drill up to 9000 feet of diamond drill core on the Company's Mexican Hat [...]
GMV Minerals is pleased to announce that its shareholders have exercised all outstanding warrants expiring on May 31, 2021 with net proceeds of $1,194,750 being added to the Company's treasury. The use of proceeds will be employed to accelerate the Company's expansion drill program on its 100% controlled Mexican Hat Gold project in SE Arizona. Ian Klassen, President and CEO of GMV Minerals, remarked, "We are delighted [...]
GMV Minerals Inc. is pleased to announce that it has commenced work on the environmental baseline studies to support the development of the Mexican Hat gold project in Cochise County, Arizona. The environmental baseline studies will provide important input into future project development plans, which include a Project design, a National Environmental Policy Act analysis and regulatory permitting. SRK Consulting Inc. is [...]
GMV Minerals is pleased to announce that its non-brokered private placement, announced on April 16th, 2021, has closed with the issuance of 1,000,000 units at a price of $0.22 per unit for gross proceeds of $220,000, with all securities issued having a four-month hold period which expires on August 24, 2021. As previously announced, each unit in this offering consists of one common share in the capital of the company and [...]
GMV Minerals is pleased to announce, subject to approval from the TSXV, a non-brokered private placement of up to 1,000,000 Units. The private placement offering will be at $0.22 per Unit, and will consist of one common share in the capital of the Company and one half of a share purchase warrant. Each full Warrant will be exercisable at $0.30 to purchase an additional common share for a period of 24 months following the [...]
GMV Minerals is pleased to announce that, GMV will be exhibiting at the PDAC VIRTUAL CONVENTION from March 8-11. President & CEO, Ian Klassen, will be at the booth to share the latest company updates and will be available to meet with attendees daily from 8am-12pm PST Monday, Mar 8th through to Thursday, March 11th. To register for the upcoming PDAC, click here. PRECIOUS METALS SUMMIT In addition, Mr. Klassen will be [...]
GMV Minerals is pleased to announce that, once drill permitting has been completed, it will conduct the first of two diamond drill programs on its wholly-owned Mexican Hat Property. In consultation with technical advisors, including DRW Geological Consultants Ltd., RESPEC, Tetra-Tech Canada, and IMDEX Inc., three areas of the Mexican Hat mineral resource were found to contain probable extensions of the principal [...]
GMV Minerals announces that its non-brokered private placement announced on February 8th, 2021, has closed with the issuance of 1,458,334 units at a price of 24 cents per unit for gross proceeds of $350,000, with all securities issued having a four-month hold period, which expires on June 17, 2021. Related parties to the company participated, subscribing for 219,167 common shares for proceeds to the company of $52,600 and [...]
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