GMV Minerals Inc. Announces Drilling Update
280 - 1090 West Georgia Street
Vancouver, British Columbia. V6E 3V7
GMV MINERALS INC. ANNOUNCES DRILLING UPDATE
VANCOUVER, BC, June 04, 2019 – GMV Minerals Inc. (the “Company” or “GMV”) (TSX-V: GMV) is
pleased to announc e that the Company has extende d its current drill program to test the mineralized
extensions at its 100% controlled Mexican Hat gold deposit in SE Arizona. The Company is pleased to
confirm that it has completed five holes and expects to drill up to a further ten holes to tes t areas within the
existing pit model that was used for the Company’s Preliminary Assessment (see NR December 19, 2018)
where it is anticipated that some of what is currently undrilled and therefor e considered waste can be
converted into mineralized material, as we ll as adjacent to the pit model where the known mineralization is
open for expansion.
The Company further confirms that a dditional surficial geochemical sampling has been completed and is
expected to extend the existing grid into areas where established ge ochemical and geophysical anomalies can
be better defined. A total of 417 RC samples and 129 soil samples have been submitted for analyses to date
with results expected to commence being received in late June.
Lastly, the Company announces that, subject to TSX Venture Exchange approval, it has granted incentive
stock options to various directors, officers and consultants to purchase up to 500,000 common shares
exercisable on or before June 3, 2024 at a price of $0.15 per share.
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 develop ing 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 project, located 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 recently updated its inferred mineral resource to 32,876,000 t onnes grading 0.616 g/t gold at a
0.2 g/t cut-off, containing 651,000 ounces of gold.
ON BEHALF OF THE BOARD OF DIRECTORS
________________________________________
Ian Klassen, President
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.
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For further information please contact:
GMV Minerals Inc.
Ian Klassen
Tel: (604) 899-0106
Email: [email protected]
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S.
NEWSWIRE SERVICES —
This news release may contain forward -looking statements based on assumptions and judgments of management of the Company
regarding future events or results. Such state ments are subject to a variety of risks and uncertainties which could cause actual
events or results to differ materially from those reflected in the forward -looking statements. The Company disclaims any intention
or obligation to revise or update such statements except as may be required by law.