G Mining / GMIN (TSX)

G Mining Ventures Declares Commercial Production at Tocantinzinho Gold Mine, by @newswire

BROSSARD, QC, Sept. 3, 2024 /CNW/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSX: GMIN) (OTCQX: GMINF) is pleased to announce…

ceo.ca

• Tocantinzinho reaches commercial production on time and on budget in less than two years
• Tocantinzinho engineered to have a 10.5-year mine life with an average annual gold production of 174,700 ounces, and an average annual gold production of 196,200 for the first five full years
• Nameplate throughput expected by Q1 2025
• Share price outperformed GDXJ by +120% since the construction decision in September 2022

BROSSARD, QC, Sept. 3, 2024 /CNW/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSX: GMIN) (OTCQX: GMINF) is pleased to announce that it has reached commercial production on time and on budget at its 100%-owned Tocantinzinho Gold Mine ("TZ" or the "Mine") located in the State of Pará, Brazil. Commercial production is defined as a period of 30 consecutive days of operations during which the mill operated at a minimum of 60% of nameplate throughput of 12,890 tonnes per day ("tpd"). During August 2024, the mill operated at 76% of nameplate throughput, processing a total of 304,312 ore tonnes (9,817 tpd) at a recovery rate of 88%.

https://bpd-space.nyc3.cdn.digitaloceanspaces.com/scp/240903-scp-gmin-commericalprod.pdf

G Mining Ventures Delivers PEA for High-Grade Oko West Gold Project in Guyana, by @newswire

All amounts are in USD unless stated otherwise

ceo.ca

• After-tax NPV_5% of $1.4 billion, IRR of 21% and payback of 3.8 years at $1,950/oz base case gold price (long-term consensus)
• After-tax NPV_5% of $2.5 billion, IRR of 31% and payback of 2.0 years at $2,500/oz spot gold price
• Average annual gold production of 353,000 ounces at an AISC of $986/oz for 12.7 years
• Startup capital cost of $936 million and sustaining capital of $537 million over the life of mine
• ESIA submission targeted by year end while progressing towards a Feasibility Study for Q1-2025
• An average of 1,260 direct permanent jobs to be created from the Oko West Project

G Mining Ventures to Acquire the CentroGold Project from BHP, by @newswire

BROSSARD, QC, Sept. 9, 2024 /CNW/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSX: GMIN) (OTCQX: GMINF) is pleased to announce…

ceo.ca

• GMIN to acquire the CentroGold Project in Brazil's prospective Gurupi Gold Belt from BHP
• CentroGold contains 1.7 million ounces of indicated and 0.6 million ounces of inferred JORC-compliant gold resource that is open for expansion in all directions and at depth
• District-scale land package comprises 47 tenements covering ~1,900 km² and offers potential for multiple new discoveries
• CentroGold to provide long-term growth following Tocantinzinho ramp-up and Oko West development
• Accretive transaction adds to GMIN's project pipeline with no upfront cost

Zitat von Sorgenfrei

https://ceo.ca/@newswire/g-min…re-the-centrogold-project

• GMIN to acquire the CentroGold Project in Brazil's prospective Gurupi Gold Belt from BHP
• CentroGold contains 1.7 million ounces of indicated and 0.6 million ounces of inferred JORC-compliant gold resource that is open for expansion in all directions and at depth
• District-scale land package comprises 47 tenements covering ~1,900 km² and offers potential for multiple new discoveries
• CentroGold to provide long-term growth following Tocantinzinho ramp-up and Oko West development
• Accretive transaction adds to GMIN's project pipeline with no upfront cost

G Mining hat nichts dafür gezahlt. Es sieht so aus, als ob BHP GMIN einen Vermögenswert gekauft hat, um eine Lizenzgebühr darauf zu erhalten.

https://bpd-space.nyc3.cdn.digitaloceanspaces.com/scp/240910-scp-gmin-pea.pdf