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GMV.V ·

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

Exploration Programs

1050 - 1090 West Georgia Street

Vancouver, British Columbia. V6E 3V7

GMV Minerals Begins Drilling at the Mexican Hat Gold

Deposit in S.E. Arizona

VANCOUVER, BC, April 16, 202 6 - GMV Minerals Inc. (the "Company" or "GMV") (TSX -V: 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.

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, loca ted 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]

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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 r ates; 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.