G Mining Ventures Achieves Nameplate Capacity at Tocantinzinho; Q2 2025 Production Results Released
G Mining Ventures Achieves Nameplate Capacity at Tocantinzinho; Q2 2025 Production Results Released
/PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSX: GMIN) (OTCQX: GMINF) is pleased to announce that its Tocantinzinho Gold Mine…
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BROSSARD, QC, July 8, 2025 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSX: GMIN) (OTCQX: GMINF) is pleased to announce that its Tocantinzinho Gold Mine ("TZ") in the State of Pará, Brazil reached a major operational milestone, with the processing plant operating at an average of 12,890 tonnes per day ("tpd") over 30 consecutive days. The Corporation also reports gold ("Au") production for the second quarter of 2025 of 42,587 ounces ("oz").
Second Quarter 2025 Production Highlights
- No lost time or recordable incidents in Q2 2025
- Q2-2025 gold production of 42,587 ounces, a 20% increase over Q1 2025
- Gold recovery improved to 90.3% (from 87.7% in Q1 2025)
- Average mining rate of ~47,900 tpd, an 18% increase from Q1 2025
- Average plant throughput of 11,100 tpd or 86% of nameplate
- April: 8,600 tpd (67% of nameplate)
- May and June: 12,300 tpd (96% of nameplate)