GMV Minerals Begins Environmental Studies For Mexican Hat Project

GMV Minerals (TSXV: GMV) continues to prove out its Mexican Hat project in Cochise County, Arizona. The company yesterday announced that it has begun environmental baseline studies, the results of which will be used to support the development of the gold project.

Work on the environmental studies for the project have commenced with the appointment of SRK Consulting to conduct the studies. The firm is to perform desktop reviews and the required fieldwork for the studies.

More specifically, the baselines studies are expected to provide the required environmental analysis for the development of a potential mine. Included aspects of the study include project design, regulatory permitting, and a national environmental policy act analysis for the project.

“The initiation of field-level baseline data studies with SRK marks the next step in the development of the Mexican Hat gold project. By integrating baseline data collection into this stage of planning, GMV will maximize the value to the benefit of both our shareholders and the local community.”

Ian Klassen, CEO of GMV Minerals

GMV Minerals last traded at $0.335 on the TSX Venture.


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.

Video Articles

Why $50 Silver, $4000 Gold Might Be Closer Than Anyone Thinks | Bradley Langille – GoGold Resources

Why Silver’s True Price Could Be Much Higher | Joaquín Marias – Argenta Silver

Gold Enters A ‘Stronger For Longer’ Phase | Richard Young – i-80 Gold

Recommended

Emerita Resources Intersects Further Mineralization At El Cura, Expanding Deposit

ESGold Sees ANT Survey Reveal Vertically Continuous System To 1,200 Metres Depth

Related News

Victory Metals Closes $18.0 Million Financing, Proceeds With Nevada King Merger

Victory Metals (TSXV: VMX) this morning announced the closing of its final tranche of its...

Monday, January 18, 2021, 09:18:44 AM

Superior Gold Produces 19,379 Gold Ounces In Q3 2021

Superior Gold Inc. (TSXV: SGI) released today its production results for Q3 2021, highlighting gold...

Tuesday, October 12, 2021, 09:55:00 AM

SSR Mining Produces 196,094 Gold Equivalent Ounces, Posts US$366.5 Million In Revenue For Q1 2021

SSR Mining Inc. (TSX: SSRM) reported today its financial results for the first quarter of...

Thursday, May 6, 2021, 08:49:36 AM

New Found Gold Drills 430.17 G/T Gold Over 5.25 Metres At Golden Joint

New Found Gold Corp. (TSXV: NFG) announced today the assay results from four holes drilled...

Wednesday, June 30, 2021, 08:44:23 AM

Novo Resources Takes 50% Interest In Queens Gold Project

Novo Resources (TSX: NVO) has acquired a 50% stake in the Queens gold project in...

Monday, March 22, 2021, 08:56:19 AM