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G Mining Ventures Issues Production Guidance for Tocantinzinho Gold Mine, Updates Oko West Project Timeline

By Burstable Editorial Team

TL;DR

G Mining Ventures forecasts increasing gold production at its Tocantinzinho mine, offering investors potential growth with cost improvements projected for 2027.

G Mining Ventures outlines detailed operational guidance for 2026-2027, including production targets, cost structures, and capital expenditures for its Brazilian and Guyanese projects.

G Mining Ventures' development of gold mines in Brazil and Guyana contributes to economic growth in mining-friendly regions through job creation and infrastructure investment.

G Mining Ventures plans to produce up to 235,000 ounces of gold annually by 2027 from its South American mines, with first production from Guyana expected next year.

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G Mining Ventures Issues Production Guidance for Tocantinzinho Gold Mine, Updates Oko West Project Timeline

G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) has provided detailed operational guidance for its 100%-owned Tocantinzinho Gold Mine in Pará State, Brazil, forecasting significant gold production increases over the next three years. The company projects gold production of 160,000 to 190,000 ounces in 2026, with output weighted toward the second half of the year as higher-grade ore becomes available. Production is expected to increase substantially in 2027 to between 200,000 and 235,000 ounces, representing a potential year-over-year increase of up to 47% at the upper end of guidance ranges.

The company's cost projections indicate cash operating costs of $736 to $865 per ounce in 2026, with all-in sustaining costs ranging from $1,230 to $1,444 per ounce. Material cost improvements are projected for 2027, driven primarily by a full-year contribution from Phase 2 ore at the Tocantinzinho operation. These cost projections provide investors with clear visibility into the company's operational efficiency targets as it ramps up production at its flagship Brazilian asset.

Capital expenditure guidance includes sustaining capital of $69 million to $81 million in 2026 for the Tocantinzinho mine, along with growth capital of $514 million to $568 million to advance the company's Oko West Gold Project in Guyana. The Oko West project remains on track for first gold production in the second half of 2027, positioning G Mining Ventures to potentially operate two producing gold mines by late 2027. The company's full press release containing these projections is available at https://ibn.fm/5u2mI.

For investors seeking additional information about the company, G Mining Ventures maintains a newsroom at https://ibn.fm/GMINF where updates are regularly posted. The guidance announcement provides market participants with concrete metrics to evaluate the company's growth trajectory and operational efficiency targets over the coming years. The projected production increases at Tocantinzinho, combined with the development timeline for Oko West, suggest G Mining Ventures is positioning itself for substantial production growth between 2026 and 2028.

The company's focus on mining-friendly jurisdictions in Brazil and Guyana represents a strategic approach to jurisdictional risk management in the mining sector. The guidance indicates G Mining Ventures expects to transition from a single-asset producer to a multi-asset mining company within the next three years, with potential combined annual production exceeding 400,000 ounces of gold by 2028 if both projects meet their targets. This growth trajectory could position the company as a significant mid-tier gold producer in the Americas region.

The capital expenditure projections for Oko West development, ranging from $514 million to $568 million, indicate the scale of investment required to bring the Guyanese project into production. These figures provide transparency about the company's funding requirements and development timeline for market participants evaluating the company's growth strategy and capital allocation priorities over the coming years.

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Burstable Editorial Team

Burstable Editorial Team

@burstable

Burstable News™ is a hosted solution designed to help businesses build an audience and enhance their AIO and SEO press release strategies by automatically providing fresh, unique, and brand-aligned business news content. It eliminates the overhead of engineering, maintenance, and content creation, offering an easy, no-developer-needed implementation that works on any website. The service focuses on boosting site authority with vertically-aligned stories that are guaranteed unique and compliant with Google's E-E-A-T guidelines to keep your site dynamic and engaging.