FAQ: G Mining Ventures' $973 Million Oko West Gold Project Construction Approval

What is the main announcement from G Mining Ventures Corp.?

G Mining Ventures Corp. has approved full construction of its 100%-owned Oko West Gold Project in Guyana following the completion of permitting and financing milestones, with an initial capital cost of $973 million.

Why is this construction approval significant for GMIN?

This marks a key step in GMIN’s transition to an intermediate gold producer and represents a major milestone in the company’s evolution, building on their proven track record of delivering projects safely, on time and on budget.

When is first gold production expected from the Oko West project?

First gold production is targeted for the second half of 2027.

Where is the Oko West Gold Project located?

The Oko West Gold Project is located in Guyana, which is described as a mining friendly and prospective jurisdiction.

What is the current status of the project’s development?

Detailed engineering is 36% complete, procurement commitments have reached $334 million (33% of total budget), and early works are advancing on schedule.

How is GMIN approaching the construction of this project?

GMIN is using the same disciplined, self-perform approach that successfully delivered the Tocantinzinho project safely, on time and on budget.

What other key assets does G Mining Ventures currently operate?

GMIN is currently anchored by the TZ Gold Mine in Brazil and the Oko West Gold Project in Guyana, both in mining friendly jurisdictions.

Where can investors find more information about GMIN?

The latest news and updates relating to GMINF are available in the company’s newsroom at https://ibn.fm/GMINF.

What is G Mining Ventures’ business strategy?

GMIN is engaged in the acquisition, exploration and development of precious metal projects to capitalize on the value uplift from successful mine development, positioning the company to grow into the next mid-tier precious metals producer.