VANCOUVER, June 9 /CNW/ - GMV Minerals Inc. (TSX.V: "GMV") ("the Company" or "GMV") is pleased to announce that it has started drilling at its 100% owned Nechako Gold property in central British Columbia. Pursuant to the Company's release dated May 20, 2008, GMV will drill test Grid 2 and Grid 1 where 3D-IP data has outlined numerous highly anomalous zones. The Company expects to drill Grid 2 for 2-3 weeks and then will move to Grid 1 for approximately 2 weeks. The first hole, NEC08-01 is collared in the northern portion of the large chargeability anomaly in the eastern portion of the grid and will be drilled to a depth of approximately 400 metres to test the full extent of the chargeability anomaly.
Data from grid 3 will be evaluated when received. It is expected shortly.
All samples will be sawn in half with a diamond saw with one half returned to the core tray as a permanent record of the sample interval and the other half prepared and assayed at ALS Chemex in North Vancouver, B.C. All samples will be analysed for 33 elements by ICP methods with four-acid digestion and a mass spectroscopy finish. Gold analysis will be completed by fire assay of a 30-gram pulp with a gravimetric finish with the results expressed in grams/tonne.
Wesley Raven, P. Geo., VP Exploration, is the qualified person and takes responsibility for the technical disclosure in this news release.
GMV Minerals Inc.
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GMV Minerals Inc. is a mineral exploration company focused primarily on epithermal style gold and silver projects in central British Columbia. The Company is well financed and has no debt. GMV Minerals has amassed a sizeable land position upon which it has completed an extensive amount of work to date. Recent exploration programs conducted on the 100% owned Nechako claims has successfully identified several corresponding conductivity and related resistivity geophysical anomalies located at depth which display the characteristics of an epithermal style mineralized body.
ON BEHALF OF THE BOARD OF DIRECTORS
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Alistair MacLennan, President/CEO
Statements about the Corporation's future expectations and all other statements in this press release other than historical facts are "forward looking statements". Such forward-looking statements are based on numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Corporation to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements.
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