G Mining Ventures

G Mining Ventures Corp (TSX:GMIN, OTCQX:GMINF) is entering a “new phase of value creation” after delivering a new preliminary economic assessment for its Oko West project in Guyana. “With a larger, higher-grade, and unencumbered asset in Oko West, we see G Mining entering a new phase of value creation,” the analysts wrote.» Mehr auf proactiveinvestors.com

G Mining Ventures Corp (TSX:GMIN, OTCQX:GMINF) revealed the results of a feasibility study for its Oko West Gold Project in Guyana, outlining a $2.2 billion after-tax net present value. The study confirms plans for a large-scale, low-cost open pit and underground mining operation with average annual production of 350,000 ounces of gold over a 12.3-year mine life.» Mehr auf proactiveinvestors.com

After-tax NPV5% of $2.2 billion, IRR of 27% and payback of 2.9 years at $2,500/oz base case gold price (long-term consensus) After-tax NPV5% of $3.2 billion, IRR of 35% and payback of 2.1 years at $3,000/oz gold price Average annual gold production of 350,000 ounces at an AISC of $1,123/oz for 12.3 years Initial capital cost of $972 million and sustaining capital of $650 million over the life of mine Early works construction progressing well after receipt of Interim Environmental Permit Final Environmental Permit expected in Q2-25, targeting construction decision in H2-25 An average of 1,270 direct permanent jobs to be created from the Oko West Project BROSSARD, QC , April 28, 2025 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSX: GMIN) (OTCQX: GMINF) is pleased to announce the results of its Feasibility Study (the "FS" or the "Study") for the development of its wholly-owned Oko West Gold Project (" Oko West " or the "Project"), located in Region 7, Guyana. Unless otherwise stated, all dollar amounts in this news release are expressed in U.S. dollars.» Mehr auf prnewswire.com