G Mining Ventures Provides Update on Gurupi Project Licensing Process in Brazil Following Court Ruling

Core Viewpoint - G Mining Ventures Corp. has received a favorable ruling from the 8th Federal Environmental and Agrarian Court in Brazil, which resolves a long-standing permitting issue for the Gurupi Gold Project, allowing the company to advance the project with regulatory clarity [1][2][3]. Regulatory Developments - The Court annulled the preliminary and installation licenses issued in 2011 to a previous operator, confirming GMIN's ability to initiate a new environmental licensing process [2][8]. - The ruling eliminates historical legal and permitting liabilities, providing a clean regulatory path for the Gurupi Project's development [8]. Strategic Path Forward - GMIN is set to implement a disciplined, multi-year exploration program, which will include environmental studies and stakeholder engagement [5][8]. - The company aims to unlock the long-term potential of the Gurupi Project, which is part of a larger ~1,900 km² land package that includes both greenfield and brownfield exploration targets [6][5]. Exploration and Resource Estimates - The most recent mineral resource estimate for Gurupi includes 1.83 million ounces of indicated resources and 0.77 million ounces of inferred resources [9]. - An initial exploration budget of USD $2–4 million has been allocated for 2025, focusing on regional soil sampling, trenching, and mapping [7]. 2025 Outlook - GMIN will focus on advancing the Gurupi Project through updated technical, environmental, and social studies, enabling a structured approach to development [8][10]. - The company is also working towards obtaining the final environmental permit for the Oko West project and making a construction decision in the second half of 2025 [10].