G Mining Ventures Corp. Clears Regulatory Hurdle for Gurupi Gold Project in Brazil

G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) has achieved a pivotal milestone in the development of its Gurupi Gold Project in Brazil. A Brazilian federal court's decision to annul outdated 2011 permits related to the project has effectively closed a longstanding public civil action. This ruling not only eliminates legacy permitting risks but also allows the company to initiate a new environmental licensing process, marking a significant step forward in the project's disciplined development.

The Gurupi Gold Project, encompassing a district-scale asset of approximately 1,900 km², is reported to host 1.83 million ounces (Moz) of indicated and 0.77 Moz of inferred gold resources. With the regulatory hurdle now cleared, G Mining Ventures Corp. is poised to advance its exploration program, with a budget of USD $2–4 million earmarked for 2025. The company has also reaffirmed its broader strategic objectives, which include securing environmental permits and making a construction decision at its Oko West Project later this year.

This development is significant for the mining industry and investors alike, as it underscores the company's ability to navigate complex regulatory environments and advance its projects in mining-friendly jurisdictions. The Gurupi Gold Project's progress is a testament to G Mining Ventures Corp.'s commitment to responsible mining practices and its potential to emerge as a mid-tier precious metals producer. For more details on the press release, visit https://ibn.fm/Ii8YE.