Starting off The Daily Dive for 2021 is that of Ian Klassen, CEO of GMV Minerals (TSXV: GMV) and a returning guest on the Dive. Ian sits down with host Cassandra Leah to discuss the junior mining environment within Arizona as well as the latest at GMV.
GMV Minerals is a junior gold explorer, who’s flagship property, the Mexican Hat Project, is located in southeast Arizona. The property currently has an inferred mineral resource of 688,000 ounces of gold, confirmed via a preliminary economic assessment recently conducted on the property. The PEA outlines a base case of a mine life of 10 years, with cost of production coming in at $951 per ounce, while the operation is expected to produce 52,000 ounces of gold per year via an open pit mine. The company is currently in the process of furthering the properties development as a result.
Catch the full interview below.
FULL DISCLOSURE: GMV Minerals is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover GMV Minerals on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
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