GMV Minerals Inc. announced that, once drill permitting has been completed, it will conduct the first of two diamond drill programs on its wholly-owned Mexican Hat Property, Cochise County, Arizona, USA. In consultation with technical advisors, including DRW Geological Consultants Ltd., RESPEC, Tetra-Tech Canada, and IMDEX Inc., three areas of the Mexican Hat mineral resource were found to contain probable extensions of the principal mineralized structure that hosts and controls the Mexican Hat gold deposit. These areas are defined geophysically and possess geochemically anomalous soils that are enriched in gold and gold pathfinder elements. Eight drill holes are designed to test these targets with up to 3,050 m of total drilling. This step out exploration phase will include testing the principal mineralized structure from 100 m to 900 m away from previously drilled Mineral Resources, potentially increasing the footprint of the deposit by 70% in strike. The Mexican Hat's principal controlling structure is exposed on surface and is traced by numerous surface trenches and 124 drill holes. Significant gold mineralization was encountered in 117 of these. The western- most drill holes intersected 0.58 gpt gold over 3.0m in MHRC 17-8 and 0.66 gpt gold over 6.1 m in MHRC 19-1 leaving the zone to be open for expansion west of this location. The principal controlling structure has been drilled from surface where it dips 59 o to a depth of 250 m below surface where the dip appears to have flattened to 24 o. Additional drilling to the north will test to see if the structure continues to flatten. The five highest-grade composites within this structure average 37.6 gpt gold over 3 m lengths demonstrating that there are some higher-grade domains that can be identified. The subsidiary structures that appear as splays off of this principal structure (Zones 1 to 6 inclusive) extend up to 220 m into the hanging wall and contain 67.5% of the total tonnage of the deposit. The Company is also aware of the potential for these splays to extend above the principal controlling structure to relatively shallow depths. Pathfinder elements that are very elevated within the soils around the Mexican Hat deposit include certain characteristic elements. The geophysical extension of the principal controlling structure shows evidence of isolated multi-element soil anomalies down slope, including many of the critical pathfinder elements.