GMV Minerals Completes 2026 Mexican Hat Drill Program with Promising Results

GMV Minerals Inc. has concluded its 2026 drilling program at the Mexican Hat Gold project in Arizona. Conducting 25 diamond drill holes across 24 platforms, the company achieved a thorough exploration over 4,775 meters. The primary goal was to refine resource definition and gather data for open-pit slope engineering, successfully intersecting significant gold mineralization.

Notable results include 12.64 gpt gold over 4.88 m in drill hole MHC26-14, marking one of the highest intersections reported. This boosts the accuracy of the resource model, reinforcing continuity at the deposit. An updated NI 43-101 Mineral Resource estimate is anticipated soon, building on a previous assessment from 2020.

The Mexican Hat Gold Deposit features metasomatic gold within Cenozoic volcanic rocks. Its unique geological structure aids in metallurgical performance, with prior tests showing gold recovery up to 98%. Consequently, GMV plans to incorporate these findings into a revised mineral resource estimate.