GMV Minerals hires Machai for digital marketing

Executive Summary

• GMV Minerals Inc. has engaged Machai Capital Inc. to provide digital marketing services for a five-month period, involving a cash payment of $300,000 plus GST and the issuance of stock options.
• The company announced the filing of an Updated Preliminary Economic Assessment (PEA) for its Mexican Hat Project in Arizona, highlighting strong economic metrics including a 66.1% pretax IRR at $2,500/oz gold and a $390.2 million pretax NPV.
• The PEA outlines a 10-year mine life with total production of 597,841 ounces, a capital expenditure of approximately $90 million, and a low strip ratio of 2.05.

Key Details

• Marketing Agreement Terms:
  • Service Provider: Machai Capital Inc.
  • Scope: Digital marketing, advertising, public awareness, multiplatform campaigns, social media amplification, and targeted investor communications.
  • Duration: Five-month period commencing immediately (Jan 15, 2026).
  • Cash Consideration: $300,000 plus GST, paid from general working capital.
  • Equity Consideration: Stock options to purchase up to 300,000 common shares granted to Machai.
  • Option Terms: Exercisable at $0.25 per share until January 18, 2028.
  • Regulatory Status: Subject to TSX Venture Exchange approval.
• Additional Option Grants:
  • Granted incentive stock options to various directors, officers, and consultants to purchase up to 2,475,000 common shares.
  • Option Terms: Exercisable at $0.25 per share until January 18, 2031.
  • Regulatory Status: Subject to TSX Venture Exchange approval.
• Mexican Hat Project PEA Highlights (Effective Aug 8, 2025):
  • Base Case ($2,500/oz Gold):
    • Pretax IRR: 66.1% (After-tax: 50.2%).
    • Pretax NPV (5% discount): $390.2 million USD (After-tax: $268.3 million USD).
    • Payback Period: 1.53 years (After-tax: 1.82 years).
  • High Price Case (~$4,000/oz Gold):
    • Pretax IRR: 134.2% (After-tax: 104.2%).
    • Pretax NPV (5% discount): $1,055 million USD (After-tax: $744.4 million USD).
  • Production Profile:
    • Mine Life: 10 years.
    • Total Production: 597,841 ounces.
    • Average Annual Production: ~60,000 ounces.
  • Operational Metrics:
    • Processing Rate: ~10,000 tonnes/day of crushed mineralized material via conveyor stacking on a conventional heap leach pad.
    • Capital Expenditure: $89,997,000 USD (including $15.4 million USD contingency).
    • Strip Ratio: 2.05 (Low LOM).
  • Resource Estimate (NI 43-101 Inferred):
    • Tonnes: 36,733,000 tonnes.
    • Grade: 0.58 g/t gold.
    • Cut-off: 0.2 g/t.
    • Contained Gold: 688,000 ounces.
• Qualified Persons:
  • Dr. Dave Webb (DRW Geological Consultants Ltd.) – Resource/Reserve Estimate.
  • Brian Olson (Samuel Engineering Inc.) – Metallurgy/Process.
  • Steven Pozder (Samuel Engineering Inc.) – Economics/Infrastructure.
  • Thomas L. Dyer (Respec LLC) – Mine Design/Costs.
  • Francisco J. Barrios (BBA Consultants International LP) – Pad Design.
  • Dawn Garcia (Stantec Consulting Services Inc.) – Environmental.

Notable Quotes

• No direct quotes from the CEO or President were included in the provided text.