GMV Minerals Inc GMVMF

Primary Symbol: V.GMV

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 > Financing closed

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Comment by diggin78on Jul 24, 2024 8:10am

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Post# 36145769

RE:Financing closed

I think we got an answer this morning-keep drilling and further defining the resource. They emphasized the improved economics of a potential mine based on the current gold price. It looks like this mine will probably get built if the POG holds up. I'll be buying more after the 2/3 share price decline this year. The risk/reward here is just too enticing.

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