https://www.prnewswire.com/new…t-guidance-302355831.html
G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSX: GMIN) (OTCQX: GMINF) announces its 2025 operational and cost guidance for Tocantinzinho Gold Mine ("TZ"), along with planned capital expenditures to progress the Oko West Gold Project ("Oko West") in Guyana and the Gurupi exploration Project ("Gurupi") in Brazil.
Highlights
Production, unit cost and capital expenditure guidance for the full year 2025 are outlined in the table below.
Figure 1: Full Year 2025 Operational and Cost Guidance
Operational & Cost Guidance |
| 2025 |
Tocantinzinho Gold Mine |
|
|
Gold Production | k oz | 175 to 200 |
Total Cash Costs | $/oz Au sold | $590 to $655 |
All-in Sustaining Costs 1,2 | $/oz Au sold | $995 to $1,125 |
Sustaining Capital Expenditures |
|
|
Sustaining | M$ | $35 to $45 |
Near-mine exploration | M$ | $2 |
Capitalized Waste Stripping | M$ | $23 |
Total Sustaining | M$ | $60 to $70 |
Non-Sustaining Capital Expenditures |
|
|
TZ Regional Exploration | M$ | $9 |
Oko West Exploration | M$ | $8 |
Oko West Project Development | M$ | $200 to $240 |
Gurupi Project | M$ | $2 to $4 |
Total Non-Sustaining | M$ | $219 to $261 |
1. | See the non-IFRS financial measures section. |
2. | Guidance assumes a realized gold price of $2,350 and BRL/USD of 5.25 |
"We expect to build on GMIN's 2024 operational success in the year ahead, as TZ ramps up throughput, reaching nameplate capacity early in the year, generating meaningful free cash flow to advance development activities at Oko West," commented Louis-Pierre Gignac, President & Chief Executive Officer, "TZ will remain our focus in 2025 but will be complemented by Oko West development initiatives, including permitting and early works activities. We plan to increase our investment in greenfield and brownfield exploration across our portfolio to uncover low-cost, high-value ounces."