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GMV Minerals Inc. (TSXV:GMV) begins drill mobilization at Mexican Hat Gold Project

Mining
TSXV:GMV
24 June 2021 13:15 (EDT)

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.

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