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on GMV Minerals, Inc. (NASDAQ:GMVMF)

GMV Minerals Inc. Advances Exploration with New Drilling Project in Nevada

GMV Minerals Inc., a Vancouver-based exploration company, declared its filing of a permit with the Bureau of Land Management for a drilling project at Daisy Creek in Lander County, Nevada. This project aims to investigate lithium and uranium potentials through a series of six boreholes reaching up to 3000 feet in depth, targeting July 2024 for commencement.

The company's recent geophysical studies have identified significant lithium prospects within the area, prompting this planned drilling program. GMV also announced its request to the TSX Venture Exchange to extend the expiry date of 4.5 million unlisted common share purchase warrants, pending approval.

These warrants, part of a non-brokered private placement from June 2022, would have their validity extended by one year, prolonging potential investment inflow till June 2025. Dr. D.R. Webb, a qualified professional under NI 43-101, has reviewed and endorsed the technical aspects of this press release.

R. H.

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