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GMV Minerals Begins Drilling at the Mexican Hat Gold Deposit in S.E. Arizona
VANCOUVER, BC / ACCESS Newswire / April 16, 2026 / GMV Minerals Inc. (the "Company" or "GMV"...
About this update from Gmv Minerals Inc
[{"type":"text","content":"GMV Minerals Begins Drilling at the Mexican Hat Gold Deposit in S.E. ArizonaVANCOUVER, BC / ACCESS Newswire / April 16, 2026 / GMV Minerals Inc. (the \"Company\" or \"GMV\") (TSXV: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, 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'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, PresidentFor further information please contact:GMV Minerals Inc.Ian KlassenTel: (604) 899-0106Email: [email protected] Statement Regarding Forward-Looking InformationThis 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 i...