Company Name: GMV Minerals Inc.

GMV Minerals Inc. (TSXV: GMV / OTCQB: GMVMF) Updated PEA Demonstrates Scalability and Flexibility

GMV Minerals Inc. research report: On November 3, 2020, GMV Minerals (“company”, GMV”) announced results of an updated Preliminary Economic Assessment (“PEA”) on its Mexican Hat gold project in southeast Arizona. Management decided to update a previously completed 2018 PEA to account for higher gold prices and evaluate the economics of a lower throughput/lower initial CAPEX scenario.

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