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GMV MINERALS INC. ANNOUNCES EXPLORATION PROGRAM
GMV MINERALS INC. ANNOUNCES EXPLORATION PROGRAM
About this update from Gmv Minerals Inc
[{"type":"text","content":"\n\n\n\n Sep. 1, 2010 (Canada NewsWire Group) -- \n\n \n \n \nTR.cnwUnderlinedCell TD {\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell {\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell {\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell {\n BORDER-BOTTOM: #000000 3px solid\n}\n\n/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/\n\nVANCOUVER, Sept. 1 /CNW/ - GMV Minerals Inc. (the "Company" or "GMV") (TSX-V:GMV) is pleased to announce that since completing its equity financing it has set in motion a variety of organizational/geological steps in Guyana, South America.\nAn independent National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") report entitled "Geological Report and Summary of Field Examination, Alphonso Property, Barima-Waini Administrative Region Number 1, Cuyni-Mazruni Administrative Region Number 7, Republic of Guyana" dated July 15, 2010 and authored by R.A. Lunceford, M.Sc., CPG (the "Report"), has been filed today on SEDAR by GMV. The Report confirms that the Alphonso claims optioned by GMV encompass 454 medium and 2 large scale prospecting licenses totaling 484,227 acres or 775 Sq. Miles. Alluvial gold mining operations currently being conducted by Alfro Alphonso & Sons Mining from various camps on the Alphonso property recently generated gold production ranging from 60,000 to 75,000 gold ounces per year. The gold-bearing gravels presently being exploited suggest that mineralized bedrock and saprolite is proximal.\nOther indications of gold mineralization are based on geochemical sampling by the Guyana Geological Mines Commission and junior and senior mining companies previously active in the region. Regional magnetic and mineral occurrence data also suggest that the permits are located along prospective structures. The extent and significance of the gold bearing gravel now being worked, and other regional data represents initial information that will be used to develop refined geological parameters for focused exploration of the Alphonso claims. The information available for the Alphonso property is not suf...