10:09 AM EST - GMV Minerals Inc. : announced that since completing its equity financing it has set in motion a variety of organizational/geological steps in Guyana, South America. An independent report has been filed today by GMV. The Report confirms that the Alphonso claims optioned by GMV encompass 454 medium and two large scale prospecting licenses totaling 484,227 acres or 775 Sq. Miles. Alluvial gold mining operations currently being conducted by Alfro Alphonso & Sons Mining from various camps on the Alphonso property recently generated gold production ranging from 60,000 to 75,000 gold ounces per year. The gold-bearing gravels presently being exploited suggest that mineralized bedrock and saprolite is proximal. GMV Minerals Inc.
shares V.GMV are trading even at $0.22.
