GMV Minerals Inc. Announces Clarification

VANCOUVER, Oct. 21, 2011 /CNW/ - GMV Minerals Inc. (the "Company" or "GMV") (TSXV: GMV) wishes to clarify that, further to the news release issued earlier today by Guyana Frontier Corp. (TSXV: GYG), nothing in the transfer and assignment of Guyana Frontier Corp.'s rights to Guyana Au Corp. alters or changes the economic terms for or the rights of GMV Minerals to earn a 100% interest in the exploration claims under the original agreement as originally announced April 9, 2010.

About GMV Minerals Inc.

GMV Minerals Inc. is a junior exploration company focused on the discovery of gold assets in Guyana, South America where it holds mineral rights to nearly 1000 sq. miles. The Company is conducting a variety of advanced exploration programs during 2011.

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 or has in any way passed upon the merits of the transaction and has neither approved nor disproved the contents of this press release.