GMV Minerals Inc V.GMV

Alternate Symbol(s): GMVMF

Metals & Mining Gold

GMV Minerals Inc. is an exploration company focused on developing precious metal assets in Arizona. The Company, 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, United States. It is focused on developing the asset and realizing the full mineral potential of the property through near-term gold production. The Mexican Hat Property is a low sulphidation, epithermal gold deposit in Tertiary volcanic rocks. Mexican Hat claims and exploration licenses cover approximately 4,800 acres. The property consists of 40 unpatented lode mining claims. Its Daisy Creek project is in Lander County, Nevada, where the Company controls or owns a total of approximately 165 lode claims covering 3,408 acres. Its wholly owned subsidiary is GMV Minerals (Nevada) LLC (GMV Nevada).

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GMV Minerals Inc

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Comment by redbadon Jun 19, 2012 11:47am

278 Views

Post# 20030109

RE: Update...thoughts?

One sentence, a little bit hidden:

Core sample assays from the drill holes did not return economic gold mineralization although intense silicification was intercepted which is often associated with gold mineralization elsewhere in the Guiana Shield of northeastern South America.

So, this time they did not hit gold, but of course it is not impossible that they are near, or not...

Redbad

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