Core Viewpoint - G Mining Ventures Corp. has received the final regulatory approval for the Oko West Gold Project, positioning it as a cornerstone asset for the company and enabling the commencement of pre-production activities in early 2026 [1][4]. Regulatory Approval - The Guyana Geology and Mines Commission granted a Mining License for the Oko West Gold Project, effective December 5, 2025, valid for twenty years [2][3]. - This approval completes the main regulatory requirements necessary for full construction and long-term operations of the project [2][3]. Project Development Timeline - The Mining License follows the receipt of the Final Environmental Permit on September 2, 2025, and the formal construction decision made on October 23, 2025 [3]. - Early works have commenced under the Interim Environmental Permit and will continue under the Final Environmental Permit, facilitating a smooth transition into full construction [3]. Company Commitment and Future Plans - The company emphasizes its commitment to responsible development and aims to establish Oko West as a world-class mining operation that provides economic and social benefits to Guyana [4]. - Pre-production open-pit mining is expected to begin in the first quarter of 2026, with the assembly of initial mining equipment already in progress [4]. Company Overview - G Mining Ventures Corp. focuses on the acquisition, exploration, and development of precious metal projects, aiming to become a mid-tier precious metals producer [5]. - The company is anchored by the Tocantinzinho Mine and the Gurupi Project in Brazil, alongside the Oko West Project in Guyana, all located in mining-friendly jurisdictions [5].
G Mining Ventures Receives Mining License for Oko West Gold Project
Globenewswire·2025-12-08 11:45