Notice Of Intent To Drill Daisy Creek Project

VANCOUVER - GMV Minerals Inc. has filed permitting documentation with the Bureau of Land Management (BLM) for the Daisy Creek lithium/uranium project in Lander County, Nevada. The Notice of Intent (NOI) covers a six hole drill program up to a total depth of 3000 feet and focuses on the most prospective lithium targets as defined by recent geophysical work. Upon approval and receipt of permits, GMV is targeting to drill its Daisy Creek project in June/July 2024 and will provide further updates as new information comes available.

In addition, the Company has applied to the TSX Venture Exchange to extend the expiry date for 4,500,000 of its outstanding unlisted common share purchase warrants (the "Warrants"). The Warrants, each of which is currently exercisable to purchase one common share of the Company at $0.16 per share, were originally issued by the Company as part of non-brokered unit private placement financing completed on June 8, 2022. The Company will extend the original warrant expiry date of June 24, 2024 to 4:30 pm PST on June 24, 2025 subject to TSX Venture Exchange approval.