G Mining Ventures Reports Year-End 2025 Mineral Reserves and Resources; Gold Reserves Increase 221% to 6.52 Moz
Globenewswire·2026-03-12 10:30

Core Viewpoint - G Mining Ventures Corp. has reported a significant increase in its consolidated Mineral Reserves and Resources as of December 31, 2025, primarily due to the Oko West Feasibility Study, indicating strong growth potential for the company in the gold mining sector [1][6][9]. Summary by Category Mineral Reserves and Resources - As of December 31, 2025, G Mining Ventures reports Proven and Probable Mineral Reserves totaling 6.52 million ounces (Moz) of gold at an average grade of 1.60 grams per tonne (g/t), representing a 221% year-over-year increase [6][9]. - The total global Mineral Resources are reported as 9.17 Moz Measured and Indicated and 1.17 Moz Inferred across the company's portfolio [6][9]. Project-Specific Highlights - Tocantinzinho Project: - Proven and Probable Reserves of 1.87 Moz at an average grade of 1.17 g/t Au, supporting ongoing operations in Brazil [10][11]. - Achieved commercial production in H2 2024, processing approximately 189,000 ounces of gold in its first full year of operations [10]. - Oko West Project: - Reports Proven and Probable Reserves of 4.64 Moz at an average grade of 1.89 g/t Au following the completion of the 2025 Feasibility Study [6][11]. - The project has a robust 12.3-year mine life with an average annual production target of approximately 350,000 ounces, with first gold production expected in H2 2027 [11][12]. - Gurupi Project: - Reports 1.83 Moz of Indicated Resources and 0.77 Moz of Inferred Resources, with an updated Mineral Resource Estimate and Preliminary Economic Assessment targeted for H2 2026 [12][13]. Financial and Operational Outlook - The company is advancing its three-asset platform, which provides multiple pathways for production growth and portfolio diversification [2][12]. - The exploration budget for 2026 is set at $42–50 million, supporting a 110,000-meter drill program across its portfolio [14][12]. - The 2026 exploration budget for Gurupi totals $21 million, aimed at resource definition drilling and advancing the Environmental and Social Impact Assessment [12][14]. Future Catalysts - Key milestones include the completion of detailed engineering for Oko West by Q3 2026 and the filing of the Environmental and Social Impact Assessment for Gurupi in H2 2026 [13][12].

G Mining Ventures Reports Year-End 2025 Mineral Reserves and Resources; Gold Reserves Increase 221% to 6.52 Moz - Reportify