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on GMV Minerals, Inc. (NASDAQ:GMVMF)

GMV Minerals Commences Drilling at Mexican Hat Gold Deposit

VANCOUVER, BC — GMV Minerals Inc. has announced the start of drilling at their Mexican Hat Gold Deposit in Southeastern Arizona. The drill mobilization proceeded without issues, signaling the commencement of confirmatory core drilling over a 1,000-meter strike length and 400-meter true width. This drilling aims to confirm approximately 90% of the mineralization, possibly upgrading the Inferred Mineral Resource, and gathering crucial geotechnical data for open pit modeling.

The Mexican Hat project, fully owned by GMV through its subsidiary, is located in Cochise County, Arizona. Historically explored by Placer Dome in the 1980s and 1990s, the project targets near-term gold production. The current NI 43-101 resource estimate outlines 36,733,000 tonnes grading 0.58 g/t of gold. This places the resource at 688,000 ounces of gold, as of August 2025.

Dr. D.R. Webb, serving as the Qualified Person, has validated the technical content of this announcement.

R. E.

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