GMV Minerals Inc. Files Notice of Intent to Drill Daisy Creek Project IN Lander County, Nevada
1050 - 1090 West Georgia Street
Vancouver, British Columbia. V6E 3V7
GMV MINERALS INC. FILES NOTICE OF INTENT TO DRILL DAISY
CREEK PROJECT IN LANDER COUNTY, NEVADA
VANCOUVER, BC, May 3, 2024 – GMV Minerals Inc. (the “Company” or “GMV”) (TSX -V: GMV)
(OTCQB: “GMVMF”) is pleased to announce that it has filed permitting documentation with the Bureau of
Land Management (BLM) for GMV’s Daisy Creek lithium/uranium project in Lander County, Nevada.
The Notice of Intent (NOI) covers a six hole drill program up to a total depth of 3000 feet and focuses on the
most prospective lithium targets as defined by recent geophysical work. Upon approval and receipt of permits,
GMV is targeting to drill its Daisy Creek project in June /July 2024 and will provide further updates as new
information comes available.
In addition, the Company has applied to the TSX Venture Exchange to extend the expiry date for 4,500,000 of
its outstanding unlisted common share purchase warrants (the “Warrants”). The Warrants, each of which is
currently exercisable to purchase one common share of the Company at $0.16 per share, were originally issued
by the Company as part of non -brokered unit private placement financing completed on June 8, 2022. The
Company will extend the original warrant expiry date of June 24, 2024 to 4:30 pm PST on June 24, 2025 subject
to TSX Venture Exchange approval.
The Company currently has an aggregate of 4,500,000 Warrants issued and outstanding pertaining to the above-
noted Private Placement, all of which are eligible for amendment, pursuant to the policies of the Exchange.
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, 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. In 2023, GMV acquired a total of 165 lode claims covering 3,408 acres in Lander
County, Nevada where it is exploring highly prospective claims for lithium.
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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 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 o r 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 eve nts 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 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.