Home > Development, Diaspora News, Foreign Relations, Guyana > GMV Minerals Inc. exploration program in Guyana underway

GMV Minerals Inc. exploration program in Guyana underway

September 20, 2010 Leave a comment Go to comments

Fifth Avenue Research Corporation has published a review of GMV Minerals Inc. (GMV.V), offering insight on opportunities to invest in a gold company in Guyana with blue sky potential.

GMV Minerals Inc.(GMV.V) is a mineral exploration company active since 2008. The company recently refocused its efforts on gold exploration and changed its principal business to sourcing and exploring mineral properties in Guyana. GMV Minerals Inc. has approximately 535,000 acres of land and forms one of the largest and most strategically focused exploration properties in Guyana.

The full equity review may be found at http://www.fifthavenueresearch.com/research/GMV.pdf

GMV Minerals Inc. has a strong management team with more than 30 years experience in mineral exploration throughout North and South America. The company’s country manager, Mr. Alfro Alphonso, has sold his previous property holdings to Guyana Goldfields Inc. (GUY.TO), Sandspring Resources Ltd. (SSP.V) and Sacre-Coeur Minerals, Ltd. (SCM.V)

Gold-bearing gravel and alluvium is presently being exploited by artisanal miners at several locations, on GMV Minerals Inc. claims, yielding production of up to 75,000 ounces of gold per year.

The management team is currently reviewing the properties in Guyana and an active exploration program is underway. GMV Minerals Inc. is conducting exploration starting at a depth of 100 feet and some of these properties are currently producing alluvial gold.

GMV Minerals Inc. has strong institutional support with Libra Advisors, LLC owning ~36.12% and Sprott Asset Management LP owning ~12.6% of the stock on a fully diluted basis assuming warrants are exercised.

GMV Minerals Inc. is uniquely positioned in that its property portfolio (535,000 acres) encompasses claims that are either directly adjacent or near various hard rock discoveries in Guyana.

For further information, contact GMV Minerals Inc. or Fifth Avenue Research Corporation.

GMV Minerals Inc.

Gord James, Investor Relations

Tel: 604.649.3077

Ian Klassen, President

Tel: 604.899.0106

klassen@gmvminerals.com

Fifth Avenue Research Corp.

Navroop Saran, P.Eng,

tel.604.614.2471

nsaran@fifthavenueresearch.com

About Fifth Avenue Research Corp.

Filth Avenue Research Corp. specializes in providing technical research reports to retail and institutional investors on various equities. Our team consists of industry professionals who believe in fundamental in-depth research. Such research allows individuals to determine the risks and rewards of specific equities. Fifth Avenue also fosters close client relationships regarding potential equities, to help maximize public awareness of a company’s growth potential. For more information visit http://www.fifthavenueresearch.com

Disclosure

Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements.

Fifth Avenue Research is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this report. For making specific investment decisions, readers should seek their own advice. For full disclosure please visit: http://www.fifthavenueresearch.com/disclaimer.html

For full details on (GMV) GMV. (GMV) has Short Term PowerRatings at TradingMarkets. Details on (GMV) Short Term PowerRatings is available at This Link.

For full details on (GMVMF) GMVMF. (GMVMF) has Short Term PowerRatings at TradingMarkets. Details on (GMVMF) Short Term PowerRatings is available at This Link.

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