GMV Minerals Inc. Announces Drill Mobilization at Mexican Hat GOLD Project

280 - 1090 West Georgia Street

Vancouver, British Columbia. V6E 3V7

GMV MINERALS INC. ANNOUNCES DRILL MOBILIZATION AT

MEXICAN HAT GOLD PROJECT

VANCOUVER, BC, June 24, 2021 – GMV Minerals Inc. (the “Company” or “GMV”) (TSX -V: GMV)

(OTCQB: “GMVMF”) announces drill mobilization at its 100% owned Mexican Hat Gold project located 72

miles SE of Tucson, Az. 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. for this release within the meaning of NI 43 -101 and has

reviewed the technical content of this release and has approved its content.

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, located in Cochise County, Arizona, USA. The project was initia lly

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. GMV. Recently

updated its National Instrument inferred mineral resource to 36,733,000 tonnes grading 0.58  g/t gold at a

0.2 g/t cut-off, containing 688,000 ounces of gold.

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]

Cautionary Statement Regarding Forward-Looking Information

This news release includes certain "forward -looking stat ements" under applicable Canadian securities

legislation. Forward-looking statements include estimates and statements that describe the Company’s future

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plans, objectives or goals, including words to the effect that the Company or management expects a stat ed

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”. 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. There

can be no assurance that such statements will prove to be accurate, as act ual 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.