GMV Minerals Inc. -> eine zweite Guyana Goldfield - 500 Beiträge pro Seite

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Rich in Experience. Rich in Discovery

GMV Minerals Inc. is a junior exploration company focused on the exploration and discovery of gold assets in Guyana, South America. The Company's exploration properties encompass approximately 535,000 acres, forming one of the largest in the resource-rich country.

GMV's property portfolio is unique in that its claims lie directly adjacent or in very close proximity to virtually every major hard rock discovery in the country. The Company is fully financed and intends to carry out an extensive ground and air geophysical program as well as mapping, sampling and drilling in 2010 and 2011.


About Guyana

Guyana is located on the northern east coast of South America. A former colony of the British, Dutch, and French, it achieved independence from the United Kingdom in 1966 and became a Republic in 1970. It is the only English speaking country in South America.

Guyana has a mining friendly government and an extensive history of gold and mineral production. In the late 80's Guyana's mining sector experienced rapid growth, attracting foreign investors from a number of countries including the United States, Canada, Brazil, Norway and Australia.

Historically, an estimated 3,000 kg of gold was being extracted each year. Today, gold is currently the country's largest export, with current exploration underway by large, medium and small TSX companies such as Guyana Goldfields, IAMGOLD, Sandspring Resources, Sacre Couer Minerals and others.

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Michael Berry: $1,600 Gold in Reach
Source: Brian Sylvester of The Gold Report (7/15/11)

Companies Mentioned: Canamex Resources Corp. - Freeport-McMoRan Copper & Gold Inc. - GMV Minerals Inc. - Grande Portage Resources Ltd. - Guyana Goldfields Inc. - Quaterra Resources, Inc. - Redhawk Resources - Sacre Coeur Minerals - Sandspring Resources Ltd. - Southern Silver Exploration Corp.


TGR: On Thursday, the price of gold for delivery in August flirted with $1,600/oz., going as high as $1,594.90/oz. before closing at $1,589.30. What is causing this continued upward climb and what does it mean for juniors going forward?

MB: There is just a tremendous amount of uncertainty regarding the debt ceiling and the U.S. credit rating. That is pushing gold and silver prices higher, which is positive for gold miners and exploration stocks. Look for $1,700/oz. gold by the end of the year.

TGR: What happens if there is no third round of quantitative easing and our elected officials come to an agreement on the debt ceiling? Does the gold price climb lose its momentum?

MB: Nothing is standing in the way of gold and silver going higher. There will be some accommodation on the debt ceiling and something will be done to try to keep the economy moving just because no one wants to see higher interest rates. In the meantime, investors have come to the realization that precious metals play an important role in the portfolios of individuals, institutions and countries, which are now buying large quantities of gold. It will continue to hit new highs as the 250-day moving average is increasing beautifully.

TGR: In the second quarter, we witnessed a significant sell-off in speculative positions in both gold and silver. Do you believe a portion of that speculative money could find its way into copper?

MB: There's tremendous pent-up demand for copper around the world because of emerging economies. It is also much more difficult to make world-class discoveries today. I think copper prices will be very strong. Metals like zinc are also really starting to look very attractive to the exploration industry. There's a lot of potential for discovery investment flows into some of the base metals, including copper and zinc, and some of the special metals such as manganese, vanadium and graphite.

TGR: Any discussion about copper has to include China. Beijing recently raised interest rates to fight inflation, but the economic indicators in China continue to improve and that ultimately means greater demand for copper there. Will supply disruptions converging with greater demand push the copper price above $5/lb. this summer?

MB: That is certainly possible. I can remember when copper was $0.65/lb., so obviously there is real upward momentum. Copper is a "quality of life" metal. Infrastructure can't be built-out without copper. I think that prices are going to be quite strong as we approach the fall season.

It is interesting to note that the Chinese started buying again as the price of copper fell in the last couple of months. Their demand is crucial. They are also bidding for copper companies around the world. I think we're in the third inning of a very long commodity supercycle in the world. Copper rightly will take its place in that cycle. Copper miners in Indonesia and Chile are experiencing labor problems as well.

TGR: Recently, China's Jinchuan Group trumped a $1B bid for the African-focused copper company Metorex Limited (JSE:MTX; LSE:MTX). Do you expect Chinese firms to take more runs at companies as a means to lower the cost of copper?

MB: I do, but I think the primary motivation of the Chinese is going to be infrastructure build out. It's a huge country with a growing middle class. Somewhere around $4 copper is probably very cheap to the Chinese.

But it will be more than just the Chinese that come into this game. Companies like Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) are going to get involved because there just hasn’t been a lot of new high-grade discoveries that have been turned into reserves. It's a very interesting game that's being played. Africa is in play in terms of natural resources. No doubt.

TGR: Given the jurisdiction risk in Africa, could there be a bit of a premium on western copper plays?

MB: The Murkowski Bill, which passed in a unanimous, bi-partisan vote but hasn't been signed by the president yet, should help ease exploration in U.S. Some of the discovery progress in Arizona and Nevada now is going to become increasingly sought after by companies like Freeport, Rio Tinto PLC (NYSE:RIO; Paris: RTZ.PA), even Barrick Gold Corp. (TSX:ABX; NYSE:ABX), and of course some of the smaller copper companies. I think there's going to be a premium on what's happening in the U.S., Canada and, to a lesser extent, Mexico.

TGR: Which companies do you think could benefit?

MB: One that I've followed for years and in which I own a big position is Quaterra Resources Inc. (TSX.V:QTA, NYSE.A:QMM). It just exercised its option to acquire the Yerington Mine, which was mined from about 1952 to 1978 by Anaconda. It's the most significant land position in the Yerington District. Adjacent to it is Nevada Copper Corp. (TSX:NCU), which has a huge skarn find. Rio Tinto has a 13% position in Entree Gold Inc. (TSX:ETG), which acquired the Anne Mason Property in Nevada, also adjacent to the Yerington Mine.

Yerington is the newest and safest copper district in the U.S. It could realize 50 Blb. to 60 Blb. of copper. Anaconda mined 1.7 Blb. during its 25-year life. Quaterra went through the rigorous process of taking this mine and property out of bankruptcy. It now controls water rights and about 8 Blb. of copper. No one understands this story, so the QMM stock is very cheap. I estimate that Yerington, the Bear Deposit and its nearby open pit MacArthur mine are worth $3 to $4 per share of Quaterra.

Another company that I follow closely is Redhawk Resources (TSX.V:RDK; Fkft:QF7; OTCQX:RHWKF). Redhawk sits in the Copper Creek area of southern Arizona, actually Pinal County, where several big copper porphyries are located. It is drilling a huge defined copper and moly resource there. The stock is trading around $0.50, so companies like Freeport, BHP Billiton Ltd. (NYSE:BHP; OTCPK:BHPLF) and Asarco Grupo Mexico, whose Hayden smelter is just a few miles away by road, are likely to take a big interest in Redhawk.

TGR: That property has been thoroughly explored before. Is it getting a second look because of where copper prices are right now?

MB: There has been a lack of new high-grade discoveries lately, so companies are coming back and readdressing some of the properties where maybe $0.65/lb. copper didn't work, but $4/lb. copper works beautifully. These are places that already have a lot of infrastructure and safety isn't a risk as in Africa or Indonesia.

TGR: Redhawk said in its scoping study that it's going to need about $400M to build the mine and mill there. Is it going to have to do a joint venture or an off-take agreement?

MB: I would imagine that Redhawk will not raise that kind of money, but it may not have to build one. Several mills operate in the area, including Asarco's Hayden mill, which would be a natural fit. There's good transportation infrastructure and Pinal County is all about mining culture. My guess is that the company will strike a deal to use someone's existing facilities or perhaps be acquired.

TGR: Quaterra and Redhawk are fairly mature. Do you have any earlier-stage prospects?

MB: Southern Silver Exploration Corp. (TSX.V.SSV; Fkft:SEG), southeast of Tucson, Ariz., is in the early stages of exploring for copper porphyries, specifically a Resolution-type target, jointly with Freeport-McMoRan. I think it has a good chance for a discovery at this stage on its Dragoon project. Freeport thinks enough of it to be drilling it at this stage.

It's trading at about $0.17 a share, so it's certainly what some of us would call a "penny dreadful." But I like the management and I like their properties and they have several in addition to the Arizona copper target.

TGR: You recently went to Guyana with a group of Chinese investors. Guyana is starting to see some major gold projects come into development, such as Guyana Goldfields Inc.'s (TSX:GUY) Aurora Project and Sandspring Resources Ltd.'s (TSX.V:SSP) Toroparu Project. However, I see a few challenges facing companies looking to develop mines in Guyana. One is a severe lack of infrastructure and a pristine rain forest environment. Another is a shared border with Venezuela where several gold projects have been nationalized by the Hugo Chavez regime. Also, the Guyanese government is relatively unfamiliar with mining.

MB: You're probably right about some of those concerns. There is a lack of infrastructure. For example, when we flew into the jungle to see GMV Minerals Inc. (TSX.V:GMV), we helicoptered in for about 70 miles. GMV has a huge land position. I think it has perhaps one of the better chances to make a significant discovery. I like the management team under Ian Klassen very much. They just have a good idea of what's going on down there.

I don't believe that Venezuela is a factor at all. I don't foresee any problem with the Venezuelan government interfering in the internal affairs of Guyana.

There are some health risks. Malaria and yellow fever are a problem there. But I still think the glass is half full for Guyana. Especially, if foreign companies—primarily Canadian companies—bring their expertise, talent and jobs for the locals.

TGR: Is the government mining-friendly?

MB: We met with the Prime Minister and it's fair to say that in every developing country there are going to be nationalist undertones. But the government is welcoming in exploration and development. Some of the big companies, like Teck Resources Ltd. (NYSE:TCK; TSX:TCK.A, TCK.B) and Barrick, are now looking carefully at Guyana primarily because Venezuela is so inhospitable. The government seems to know what it's doing with mining law. I don't foresee that the taxes will be more significant there than anywhere else in the world.

TGR: One of GMV's properties is right beside Guyana Goldfield's Aurora Project. Is that property likely to become GMV's flagship operation?

MB: GMV has done the geophysics and flown almost the entire country and analyzed the data carefully. No other company has this database. The company has a better idea of where the gold veins are located than anyone else there. The property it's working on now has tremendous potential. We were there when it drilled its first hole. It's going to be a while before we really know much about GMV, but I really like its potential because it has a lot of targets to drill. I believe the company will farm out some of the properties and drill the best ones.

TGR: Can you tell us about Ian Klassen, GMV's head, and his team?

MB: He's an experienced hand in Guyana. He's really done a thorough job of working with prominent local mining families, soil sampling, ground geophysics and airborne geophysics. He's kept costs to $50/m on the drilling, which are relatively cheap. He's just announced a deal with Canamex Resources Corp. (TSX.V:CSQ; FSE:CX6) for several million shares, where Canamex will take a GMV property that is about 10% of its land position. He's very good at monetizing some of the company's holdings that couldn't be utilized in the near term due to the large size of its land holdings. Ian's had a lot of experience in Ottawa with the Canadian government and is moving forward with Grande Portage Resources, Ltd. (TSX.V:GPG) on the Herbert Glacier where they have reported visible gold intersections. He's ready to create value for GMV shareholders.

TGR: You visited Sandspring's Toroparu gold-copper deposit in Guyana on your previous trip. That junior recently released the results of its infill drill program. Did you see those results?

MB: I did. The company is getting one and two gram gold and has a copper credit. It just needs to step out and keep drilling and it will find a lot more gold. There's a lot of opportunity for the companies already in Guyana with camps set up. Sandspring has about 10 Moz. in various resource classifications from measured and indicated to inferred. I expect that it will get higher grades as it keeps drilling. I've owned that stock for about two years.

TGR: Sandspring shares reached $3 late last year, but fell back below $2.50. What's going to be the next catalyst to push Sandspring stock above $3?

MB: The next catalyst could be the discovery of a higher grade system. Most of the share prices of these gold juniors, even the ones with NI 43-101 resources, came off significantly in the past few months. It wouldn't surprise me to see Sandspring go back above $3. If the company keeps drilling and keeps adding resources, it's going to get a significant premium on a takeout from a major player at some point in time.

TGR: Are there any other Guyana-focused juniors that you're following?

MB: Sacre Coeur Minerals (TSX.V:SCM) was part of a controversial takeout by OAO Severstal (LSE:SVST; RT:CHMF) that ultimately fell through. The stock is very cheap. Coming down from a high of $1.57, it was recently trading at around $0.40. The company's property is very close to GMV and Sandspring's properties in eastern Guyana.

TGR: Recently, the Peruvian government rescinded Bear Creek Mining Corp.'s (TSX.V:BCM) permit for the Santa Ana Silver Project in Peru. Since then, the company's share price has plummeted to about one-third of its previous value. Did that move send some shockwaves through the mining investment community in South America?

MB: Peru and Guyana are on the same continent, but they're almost totally different in every respect. The Peruvian decision has sent shockwaves through the mining community there. There's a lot of gravitation to places like Colombia and Guyana and away from places like Venezuela and Peru. However, Peru, Ecuador and Chile have some of the great deposits and a lot of investors are willing to take that risk.

When something like this happens, there are shockwaves and shockwaves scare investors. The Peruvian government is smart enough to know that they need to attract money into the country. I'm sure that Bear Creek will handle it well and its stock price will come back over time.

TGR: Is there a risk of anything like that happening in Guyana?

MB: There is an election forthcoming in Guyana and things could change. I don't think that they will change for the worse in Guyana. The country recognizes the need to have their country developed, to have capital coming in, to increase investment and infrastructure. I expect the election will be favorable for mining and offshore oil work.

TGR: Any parting thoughts for us, Dr. Berry?

MB: Canadian Nobel Prize winner Michael Spence has written a book on the coming convergence of the emerging world. I think we have between 20 and 30 years. He thinks we have 50 years of this convergence of emerging country quality of life. If that is true, we have the next three to five decades of converging lifestyles. That means that the commodity and natural resource sectors, in particular the mining sector, will be a wonderful place to be invested. And we're going to be there with the discovery investing opportunity. We're going to focus and push very hard toward that down the road.

TGR: Thanks, Dr. Berry.

Dr. Michael Berry has lived in the U.S. for 36 years, but was raised in Canada. A math major at the University of Waterloo in Ontario, he earned an MBA at the University of Connecticut and obtained a Ph.D. specializing in quantitative analysis and investment finance from Arizona State University. He has specialized in the study of behavioral strategies for investing and has been published in a number of academic and practitioner journals. His definitive work on earnings surprise, with David Dreman, was published in the Financial Analysts Journal. While he was a professor of investments at the Colgate Darden Graduate School of Business Administration at the University of Virginia, Michael spent considerable time with some world-renowned geologists on the Carlin Trend. While a professor, he published a case book, Managing Investments: A Case Approach.

Dr. Berry also held the Wheat First Endowed Chair at James Madison University in Virginia, and managed small- and mid-cap value portfolios for Milwaukee-based Heartland Advisors and Chicago-based Kemper Scudder. His Morning Notes publication, distributed worldwide, provides analyses of emerging geopolitical, technological and economic trends, as well as identifying opportunities for the Discovery Investing strategy he developed. Dr. Berry has presented testimony to a subcommittee of the Natural Resource Committee and U.S. House of Representatives.

Want to read more exclusive Gold Report interviews like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our Exclusive Interviews page.

DISCLOSURE:
1) Brian Sylvester of The Gold Report conducted this interview. He personally and/or his family own shares of the following companies mentioned in this interview: None.
2) The following companies mentioned in the interview are sponsors of The Gold Report: Redhawk Resources Inc., Guyana Goldfields Inc., Sandspring Resources Ltd., GMV Minerals Inc.
3) Michael Berry: I personally and/or my family own shares of the following companies mentioned in this interview: Quaterra Resources, GMV Minerals, Sandspring and Redhawk Resources. I personally and/or my family am paid by the following companies mentioned in this interview: Redhawk, GMV Minerals.
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[hbg55]

....auch dieses baby erwacht HEUTE, nachdem die CSQ- rakete
mit nachfolg. TOP- news nen 150%- igen kurssprung hinlegt..........

Canamex Intersects 360 Feet of 0.119 Oz/Ton Gold (118 Meters of 4.08 G/Tonne) Including 5 Feet of 3.864 Oz/Ton (1.6 Meters of 132.5 g/t) at Bruner Gold Project, Nevada...


http://tmx.quotemedia.com/article.php?newsid=52809903&qm_sym…




....ZUR ERINNERUNG: GMV gehört seit nem JV- deal in 06.2011 ein
schönes 3,75- paket an CSQ !!!!

[hbg55]

Antwort auf Beitrag Nr.: 43.400.007 von hbg55 am 18.07.12 18:18:22

zwar nicht top- akt., aber dennoch bestückt mit ner reihe aufhorchens-
werter dates, wie.......in folg. presi aus 06.2011......

a. größter priv. landholder in guayana mit 700k acres (seite 16)

b. ca 70% der stücke befinden sich in händen von instis ( seite 21)


http://www.gmvminerals.com/i/pdf/GMV_CP.pdf


noch meeeehr infos zu entdecken auf HP....

http://www.gmvminerals.com/s/Home.asp

[hbg55]

Antwort auf Beitrag Nr.: 43.400.120 von hbg55 am 18.07.12 18:47:39

MIR unbegreiflich, wie wert mit solch assets akt. nur grad mal
mit knapp cad-mios 4,- bewertet werden kann





RT....cad 0,065

[hbg55]

Antwort auf Beitrag Nr.: 43.400.151 von hbg55 am 18.07.12 18:56:00

zur besseren einschätzung des wertes nachfolg. mal der 3- jahres- chart, der
wunderbar darstellt, daß wir grad vor ner trend- UMKEHR stehen........





untermauert wird dies nicht nur durch heutige TOP- news von CSQ, sondern
auch von jüngster expl.- UPDATE.......


GMV Minerals Inc. Announces Update

VANCOUVER, June 19, 2012 /CNW/ - GMV Minerals Inc. (the "Company" or "GMV") (TSX-V: GMV) today announced that a 15+ man crew is presently working on the A-16 Prospecting License ("PL") which lies adjacent to and directly south of Guyana Goldfields Inc. Aurora deposit, referred to locally as the "Aurora Back".

Two geologists are on site mapping and sampling, and continuing other follow-up work.

Structural, magnetic, and radiometric data on A-16 defined by airborne and follow-up geophysical surveys [see Press Release dated March 1, 2012] are believed to indicate excellent potential for gold mineralization......


http://tmx.quotemedia.com/article.php?newsid=52129629&qm_sym…

[hbg55]

Antwort auf Beitrag Nr.: 43.400.574 von hbg55 am 18.07.12 20:43:38

int. an GMV nimmt weiter zu......

[hbg55]

Antwort auf Beitrag Nr.: 43.400.151 von hbg55 am 18.07.12 18:56:00

woooow..........geht weiter UPPPPP

mit inzwischen 1,5mio vol. stehen wir inzwischen kurz vor der
cad 0,10- barriere

[hbg55]

goldpreis stabilisiert sich derweil OBER- halb der marke von
usd 1600,- oz...........akt.....1604,80

[hbg55]

Antwort auf Beitrag Nr.: 43.400.151 von hbg55 am 18.07.12 18:56:00

....und dieses benachbarte AURORA- deposit von GUY mit seiner
measured and indicated resource von inzwischen 6.54 mio oz gold
könnte auch für GMV noch zum renner werden.......bin jedenfalls
mächtig gespannt auf die ergebn. der akt. expl.

http://tmx.quotemedia.com/article.php?newsid=52264899&qm_sym…


auf nachfolg. map schön vorstellbar, daß GMV mit seinen 700k acres
akt. größter landholder von guyana ist !!!!

[runn64]

Antwort auf Beitrag Nr.: 43.433.954 von hbg55 am 28.07.12 13:44:20

bin mal mit kleinen posi im club....

[hbg55]

Antwort auf Beitrag Nr.: 43.439.119 von runn64 am 30.07.12 21:56:19

welcome r64 - gibt entschieden schlechtere optionen.....grad nach
neuerlichem CSQ- höhenflug !!!

[runn64]

Antwort auf Beitrag Nr.: 43.439.156 von hbg55 am 30.07.12 22:11:02

... interessante storys gibt es mehr als genug
diese aber hat mich schon ein wenig mehr gereizt

habe einige jahre während des studiums in Rumänien verbracht
die studenten aus Guayana waren eine echte sensation,
denn die einheimischen haben nie zuvor farbige
gesehen...und die wiederrum keinen schnee

mal schauen ob uns hier auch eine sensation erwartet
riesige liegenschaften im relativ stabilen pol.umfeld

[buffee]

Antwort auf Beitrag Nr.: 43.433.954 von hbg55 am 28.07.12 13:44:20

Moin nochmal,

ich habe GMV im letzten Jahr ausgegraben. Zu dem Zeitpunkt war der gesamte Sektor wesentlich höher bewertet und in den letzten 12 Monaten massiv gelitten und ist derzeit extrem unterbewertet. Selbst Schwergewichte wie Guyana Goldfields gibt es zur Zeit zu extrem günstigen Ausverkaufspreisen.

GMV ist eine der größten Stories in Guyana und vergleichsweise noch sehr gut finanziert und sollte noch um die 3 Mio Cash besitzen. Eine kurzfristige Finanzierung steht ersteinmal nicht im Raum bzw aber spätestens nach der positiven Meldung von Goldvorkommen in der Region um die Claims von Guyana Goldfields. Dies sollte nur ein Frage der Zeit sein, denn GMV sitzt auf den vielversprechendsten Claims in Guyana und über die STÄRKSTEN single Ankerinvestoren wie z.B. Alphonso der bereits Sandspring und Guyana Goldfields goldreiche Claims übertragen hat und immer noch ein grossteil der Aktien besitzt. GMV sitzt auf Gold die Frage ist nur WANN gibt es den ersten positiven Bohrerfolg...den wird es geben ohne Zweifel....Alle bestehenden Investoren werden GMV weiterhin finanzieren und die Stange halten insbesondere Sprott, Libra und Alphonso.

Die Entwicklung von Canamex alleine schon ein kleiner positiver Träger, jedoch wird sich GMV ähnlich wie Canamex schnell Richtung 30-40 Cent oder höher bewegen, sobald ein kleinerer Goldfund bestätigt wird. Die market Cap ist für das Potential, die Ankerinvestoren und die Story ein absoluter Witz (3,8 Mio). Schon ein zweiter kleinerer technischer Ausbruch über die 10 Cent wird GMV auch OHNE Goldfunde in den nächsten Wochen schnell Richtung 20-25 Cent pushen.

[hbg55]

tschuldigung b., für verspätet antwort & thx für deinen int. beitrag !!!!


DEM ist eigtl. nixxxx aus meiner sicht hinzufügen, ausssser nachfolg. PR
von gestern............


GMV Minerals Inc. discovers strong gold anomaly 2.6 km long by 0.6 km wide

VANCOUVER, Oct. 18, 2012 /CNW/ - GMV Minerals Inc. (the "Company" or "GMV") (TSXV: GMV) is pleased to announce that it has successfully outlined a strong gold geochemical anomaly on its A-16 Prospecting License ("PL") which lies adjacent to and directly south of Guyana Goldfields Inc.'s Aurora deposit.

During the past few months multiple crews of geological professionals and a field staff of approximately 20 have mapped, sampled and hand augered 2,441 samples on the A-16 PL. The geochemical sampling by hand augers was done at 50-metre intervals on E-W lines spaced 100 metres apart N-S. The grid was concentrated on structural trends and granite-greenstone contacts defined by geophysical data. In-fill auger sampling at 25 metres helped define two principal and several secondary targets within the gold anomaly. Recently, the gold anomaly has been extended further south and east based on hand auger assays results, which have just been received

The Company has also completed a 45-hole Trado (a small portable mechanical auger) grid around the highest priority drill target as defined by the hand auger sampling with holes set at 25 metres along four E-W lines spaced 50 metres apart N-S. This Trado program is designed to more reliably test the anomaly at depth to reduce sampling inaccuracies due to alluvial gold and surficial weathering influences. It is expected that this deeper sampling will define the drill target if results are as encouraging as the shallow auger sampling has indicated. Core drilling if warranted, will follow as soon as possible after assays have been received. The majority of the Trado holes (36) were drilled to a depth of 7 metres, with the remaining being completed between 3-6 metres depending on ground conditions and water table.

Structural, magnetic, and radiometric (U, Th, K) data on A-16 defined by airborne and follow-up geophysical surveys [see Press Release dated March 1, 2012] indicated potential for gold mineralization on A-16. Located just north of A-16, the Aurora deposit is aligned to the northwest and situated at the distal end of a regional scale potassic alteration zone, which extends southeast onto A-16. Potassic alteration within Guyana is often associated with gold mineralization. Alluvial gold has been recovered in numerous historic dredging operations on A-16 and active alluvial mining is being conducted very near the area being Trado sampled by GMV geologists.

The gold anomaly trends northwest-southeast and is open-ended to the southeast and east with the most recent assays extending the trend. At present, sampling has indicated an anomaly 2.6 kms long by 0.6 km, or 2.0 km2 within an area of interpreted structural complexity as defined by the airborne geophysical survey. The limits of the anomaly are defined by samples collected at 50-metre intervals on lines spaced 100-metres apart which include 686 assayed auger samples, 235 (34%) of which have Au values above detection limits. Detection limits within the data set is defined as any value greater than 0.005 ppm Au by 30-gram fire assay analysis. The anomalous Au values cross-varied terrains including ridges, flats, low-lying and swampy areas. There are several large and small areas of alluvial dredge tailings within the anomaly including the largest at 0.05 km2 located near the GMV camp on A-16. Selected pulp samples have been re-submitted for assay using a smaller sieve size to see if that may assist in defining the targets. In-fill sampling at 25 metres by 25 metres spacing has further defined gold targets within the greater anomaly. Results from the Trado sampling will be used to locate final drill pad locations.

In-fill geochemical grid sampling has defined several targets within the greater gold anomaly including a primary one located approximately 1 kms south-east from the GMV camp. In addition to anomalous gold, elevated Mo, Fe and S, indicative of an acidic intrusive body showing a sulphide response, define this target. Acidic granitic rocks with numerous quartz veins have been mapped on the surface and correlate well with the gold target. The anomalous gold values are associated with elevated Ca, K, Na, P, Sr, Ni, and Mg. Trado in-fill sampling at 25-metre intervals over the peak anomaly has been completed to further define drill targets. The Trado auger holes, which average 7 metres in depth, were drilled as deep as possible at each location. Two samples were collected from the top metre of each hole (top 50 cm and bottom 50 cm), with the bottom 50 cm of each subsequent metre being sampled. A total of 337 samples have been submitted to Acme Analytical labs in Georgetown and results are expected in November. It will take several weeks to mobilize the drill and establish a trail into the proposed sites and during that period Trado sampling will be ongoing.

Cash on Hand

Presently, the Company has a cash balance of approximately $2 million in addition to marketable securities of approximately $250,000.

This news release has been prepared and approved by Robert (Bob) Lunceford, a geologist with more than 25 years of experience and a Qualified Person as defined under NI 43-101.

About GMV Minerals Inc.

GMV Minerals Inc. is a junior exploration company focused on the discovery of gold assets in Guyana, South America where it holds mineral rights to nearly 900 sq. miles. The Company is conducting a variety of advanced exploration programs during 2012.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release or has in any way passed upon the merits of the transaction and has neither approved nor disproved the contents of this press release.

SOURCE: GMV Minerals Inc.

GMV Minerals Inc.
Ian Klassen
Tel: [phone]


www.gmvminerals.com
Email: [e-mail]



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1. posi bietet

[hbg55]

Antwort auf Beitrag Nr.: 43.731.274 von hbg55 am 19.10.12 15:54:04

....scheint, als würden da paaaaar wach geworden sein - mit schönem vol.
gehen wir mit TH bzw. folg. LASTS ins WE............


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[allida]

October 18, 2012
GMV Minerals Inc. Discovers Strong Gold Anomaly 2.6 KM Long by 0.6 KM Wide
VANCOUVER, BC, OCTOBER 18, 2012 -- GMV Minerals Inc. (the "Company" or "GMV") (TSXV: GMV) is pleased to announce that it has successfully outlined a strong gold geochemical anomaly on it's A-16 Prospecting License ("PL") which lies adjacent to and directly south of Guyana Goldfields Inc.'s Aurora deposit.

During the past few months multiple crews of geological professionals and a field staff of approximately 20 have mapped, sampled and hand augered 2,441 samples on the A-16 PL. The geochemical sampling by hand augers was done at 50-metre intervals on E-W lines spaced 100 metres apart N-S. The grid was concentrated on structural trends and granite-greenstone contacts defined by geophysical data. In-fill auger sampling at 25 metres helped define two principal and several secondary targets within the gold anomaly. Recently, the gold anomaly has been extended further south and east based on hand auger assays results, which have just been received

The Company has also completed a 45-hole Trado (a small portable mechanical auger) grid around the highest priority drill target as defined by the hand auger sampling with holes set at 25 metres along four E-W lines spaced 50 metres apart N-S. This Trado program is designed to more reliably test the anomaly at depth to reduce sampling inaccuracies due to alluvial gold and surficial weathering influences. It is expected that this deeper sampling will define the drill target if results are as encouraging as the shallow auger sampling has indicated. Core drilling if warranted, will follow as soon as possible after assays have been received. The majority of the Trado holes (36) were drilled to a depth of 7 metres, with the remaining being completed between 3-6 metres depending on ground conditions and water table.

Structural, magnetic, and radiometric (U, Th, K) data on A-16 defined by airborne and follow-up geophysical surveys [see Press Release dated March 1, 2012] indicated potential for gold mineralization on A-16. Located just north of A-16, the Aurora deposit is aligned to the northwest and situated at the distal end of a regional scale potassic alteration zone, which extends southeast onto A-16. Potassic alteration within Guyana is often associated with gold mineralization. Alluvial gold has been recovered in numerous historic dredging operations on A-16 and active alluvial mining is being conducted very near the area being Trado sampled by GMV geologists.

The gold anomaly trends northwest-southeast and is open-ended to the southeast and east with the most recent assays extending the trend. At present, sampling has indicated an anomaly 2.6 kms long by 0.6 km, or 2.0 km2 within an area of interpreted structural complexity as defined by the airborne geophysical survey. The limits of the anomaly are defined by samples collected at 50-metre intervals on lines spaced 100-metres apart which include 686 assayed auger samples, 235 (34%) of which have Au values above detection limits. Detection limits within the data set is defined as any value greater than 0.005 ppm Au by 30-gram fire assay analysis. The anomalous Au values cross-varied terrains including ridges, flats, low-lying and swampy areas. There are several large and small areas of alluvial dredge tailings within the anomaly including the largest at 0.05 km2 located near the GMV camp on A-16. Selected pulp samples have been re-submitted for assay using a smaller sieve size to see if that may assist in defining the targets. In-fill sampling at 25 metres by 25 metres spacing has further defined gold targets within the greater anomaly. Results from the Trado sampling will be used to locate final drill pad locations.

In-fill geochemical grid sampling has defined several targets within the greater gold anomaly including a primary one located approximately 1 kms south-east from the GMV camp. In addition to anomalous gold, elevated Mo, Fe and S, indicative of an acidic intrusive body showing a sulphide response, define this target. Acidic granitic rocks with numerous quartz veins have been mapped on the surface and correlate well with the gold target. The anomalous gold values are associated with elevated Ca, K, Na, P, Sr, Ni, and Mg. Trado in-fill sampling at 25-metre intervals over the peak anomaly has been completed to further define drill targets. The Trado auger holes, which average 7 metres in depth, were drilled as deep as possible at each location. Two samples were collected from the top metre of each hole (top 50 cm and bottom 50 cm), with the bottom 50 cm of each subsequent metre being sampled. A total of 337 samples have been submitted to Acme Analytical labs in Georgetown and results are expected in November. It will take several weeks to mobilize the drill and establish a trail into the proposed sites and during that period Trado sampling will be ongoing.

Cash on Hand

Presently, the Company has a cash balance of approximately $2 million in addition to marketable securities of approximately $250,000.

This news release has been prepared and approved by Robert (Bob) Lunceford, a geologist with more than 25 years of experience and a Qualified Person as defined under NI 43-101.