• GMV Minerals Inc. (GMV) commences drill mobilization at the Mexican Hat Gold Project
  • The project is located 72 miles SE of Tucson, Az. and GMV Minerals is 100 per cent 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 Mexican Hat gold project
  • GMV Minerals Inc. is a publicly-traded exploration company focused on developing precious metal assets in Arizona.
  • GMV Minerals Inc. (GMV) is trading at C$0.34 as of 1:51 pm ET on June 23

GMV Minerals Inc. (GMV) has commenced drill mobilization at its 100 per cent owned Mexican Hat Gold Project.

The project is located 72 miles SE of Tucson, Az. and GMV Minerals is 100 per cent 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.

GMV Minerals expects the drilling program to commence within the next seven days.

On June 15, Ian Klassen, CEO of GMV Minerals, commented,

“There are not many gold projects like Mexican Hat in the southwestern United States, and we are very eager to resume drilling on the project this summer.”

“We will be immediately focused on expanding the resource with drilling to test the structures to the southeast and the potential to the north,” added Klassen.

GMV Minerals Inc. is a publicly-traded exploration company focused on developing precious metal assets in Arizona.

GMV, through its 100 per cent owned subsidiary, has a 100 per cent 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 1980s to early 1990s.

GMV is focused on developing the asset and realizing the full mineral potential of the property through near-term gold production.

GMV Minerals Inc. (GMV) is trading at C$0.34 as of 1:51 pm ET on June 23.

More From The Market Online

A promising player in the energy revolution

As demand for sustainable energy sources has intensified, Argentina Lithium & Energy is ready to capitalize on the surging lithium market.

Buzz on the Bullboards: The top stocks in energy, mining and EVs

TSX propelled by energy gains, industrials got attention from the EV market, while investors navigate another week of mining sector activity.
Laurion Mineral Exploration Ishkõday gold project

Top-performing mining stock adds three new gold zones

Laurion Mineral Exploration (TSXV:LME), a top-performing junior gold stock, shares assay results from its 2024 drilling program in Ontario.

How to interpret movements in the price of gold

With gold doubling since 2019, it's a good time for a refresher on what gold price fluctuations tell us about current and future investments.