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GMV Minerals Inc
Summary
| Project: | Mexican Hat | |
|---|---|---|
| Deposit: | Mexican Hat | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 9/16/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-9-2019: GMV Minerals Inc announces an Exploration/Drilling Update report for its Mexican Hat deposit at the Mexican Hat project. Drilling results incl. 30.5m @ 1.47g/t Au from 33.5m. VANCOUVER, BC, SEPTEMBER 10, 2019– GMV Minerals Inc. (the “Company” o | |
| Resources: | (Resource, Inf.): 32.876Mt @ 0.616g/t Au for 651000oz Au contained at Mexican Hat | |
| CP/QP: | [Overall Report]: D.R. Webb (Not stated) | |
| ABSTRACT: | VANCOUVER, BC, SEPTEMBER 10, 2019– GMV Minerals Inc. (the “Company” or “GMV”) (TSX-V: GMV) is pleased to announce that the Company has received the final assays from its recent eleven hole drill program at its 100% controlled Mexican Hat gold deposit located in SE Arizona. The 2019 spring drill program focused specifically on drill testing areas within the pit model produced by IMC (Independent Mining Consultants, Inc.) in the autumn of 2018. Due to the absence of drill holes in certain areas of the proposed pit, these areas were classified as waste tonnage and GMV management determined that this assumption should be tested. Please see the chart below. Mr. Ian Klassen, CEO commented, “I am pleased to report that our recent drill program designed to test certain waste areas within the proposed pit has been a success. For example, we are delighted that a step out drill hole in this program (MHRC19-01) was successful in confirming economically significant mineralization in the second pit located to the southeast. Currently, the GMV exploration team is assessing future drill targets which will be designed to increase the conceived pit life by several years of production”. | |
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