Market Herald logo

Subscribe

Be the first with the news that moves the market
  • GMV Minerals Inc. (GMV) commences drill mobilization at the Mexican Hat Gold Project
  • The project is located 72 miles SE of Tucson, Az. and GMV Minerals is 100 per cent funded for this expansion drill program
  • NASCO Industrial Services and Supply has been engaged to drill up to 3000 metres of diamond drill core on the Mexican Hat gold project
  • GMV Minerals Inc. is a publicly-traded exploration company focused on developing precious metal assets in Arizona.
  • GMV Minerals Inc. (GMV) is trading at C$0.34 as of 1:51 pm ET on June 23

GMV Minerals Inc. (GMV) has commenced drill mobilization at its 100 per cent owned Mexican Hat Gold Project.

The project is located 72 miles SE of Tucson, Az. and GMV Minerals is 100 per cent funded for this expansion drill program.

NASCO Industrial Services and Supply has been engaged to drill up to 3000 metres of diamond drill core on the company’s Mexican Hat gold Project.

GMV Minerals expects the drilling program to commence within the next seven days.

On June 15, Ian Klassen, CEO of GMV Minerals, commented,

“There are not many gold projects like Mexican Hat in the southwestern United States, and we are very eager to resume drilling on the project this summer.”

“We will be immediately focused on expanding the resource with drilling to test the structures to the southeast and the potential to the north,” added Klassen.

GMV Minerals Inc. is a publicly-traded exploration company focused on developing precious metal assets in Arizona.

GMV, through its 100 per cent owned subsidiary, has a 100 per cent 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 1980s to early 1990s.

GMV is focused on developing the asset and realizing the full mineral potential of the property through near-term gold production.

GMV Minerals Inc. (GMV) is trading at C$0.34 as of 1:51 pm ET on June 23.

More From The Market Herald

" Tanzanian Gold Corporation (TSX:TNX) to become TRX Gold Corporation

Tanzanian Gold Corporation (TNX) will change its name to TRX Gold Corporation effective May 27, 2022.

" Foremost Lithium (CSE:FAT) working on battery-grade lithium hydroxide product

Foremost Lithium Resource & Technology (FAT) has contracted XPS Expert Process Solutions to create a ready-to-sell battery-grade lithium hydroxide product.

" Cirrus (CSE:CI) executes definitive agreement to consolidate Lordsburg Porphyry Copper Mining District

Cirrus Gold Corp (CI) has signed a purchase agreement to acquire the Lordsburg Property in New Mexico.

" HPQ Silicon Resources’ (TSXV:HPQ) PUREVAP Quartz Reduction Reactor pilot plant is now functional

HPQ Silicon Resources (HPQ) has received confirmation from PyroGenesis Canada that the PUREVAP Quartz Reduction Reactor pilot plant is now functional.