$GMV.V

2 stories mentioning GMV.V

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GMV Minerals Begins Drilling at the Mexican Hat Gold Deposit in S.E. Arizona

GMV Minerals (GMV.V) on Thursday said that drill mobilization "went smoothly" and that it has begun drilling at the Mexican Hat Gold Deposit in SE Arizona.The company said that the first holes will focus on confirmatory core drilling of the deposit spanning 1,000 metres in strike length, 400 metres of true width from near surface at elevation 1,565 metres to an elevation of 1,185 metres.It added that this will test approximately 90% of the mineralization providing confirmation of grade distribution allowing for the Inferred Mineral Resource to be confirmed and potentially be upgraded, and to collect geotechnical information to assist in modelling of the open pit.Shares in GMV edged up in Canada trade yesterday.

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Mining & Metals66d ago

GMV Minerals Says Drilling Due to Start at Mexican Hat Project, Arizona

GMV Minerals (GMV.V) Friday said drilling at its Mexican Hat Gold project in Arizona will start in the next week and is expected to last approximately two months.A statement noted 30 holes will be drilled, amounting to near 7,000 meters of diamond drill core. The drilling program is primarily infill designed to confirm and upgrade the resource model from an inferred mineral resource, the statement said.GMV confirms that it is fully funded for the 2026 drill and field season.GMV shares closed up $0.005, to $0.20, on Thursday on the TSX Venture Exchange.

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