GMV Minerals Options Daisy Creek Lithium Project


VANCOUVER - GMV Minerals Inc. has entered into an option agreement with Western Property Holdings, LLC for Exclusive option to acquire the Daisy Creek Property, Nevada, consisting of 82 lode mining claims comprising 1,694.12 acres.

The Daisy Creek Lithium Property is located in Lander County in north central Nevada. The claims are located near several operating gold mines and access to power, water and paved highways are nearby. The area was prospected by several oil and mining companies for uranium in the early 1970s, staked by Phillips Uranium in 1977, and drilled in the 1980s. Drilling by Phillips did not identify uranium but, instead, lithium in at least two drill holes with Li values up to 2% in clay-altered volcanic tuffs.