- G Mining (GMIN) hosted investor and analyst site visits to its Tocantinzinho Gold Project
- Detailed engineering is 62 per cent complete, allowing for project procurement to progress to completion
- The project remains on track and on budget for commercial production in H2-2024
- CEO Louis-Pierre Gignac met with Shoran Devi to discuss these results
- G Mining Ventures (GMIN) opened trading at $0.95 per share
G Mining (GMIN) hosted investor and analyst site visits to its Tocantinzinho Gold Project.
Tocantinzinho measures 996 km2 and is the largest known gold deposit in the Tapajós Gold Province. Tapajós is a vastly underexplored gold province with an estimated 15-30 Moz of gold produced in alluvium/saprolites in the region.
The company also announced advancements for the project’s development, which include detailed engineering, procurement, equipment delivery, workforce ramp-up, construction, and progress on open pit mining.
Detailed engineering is 62 per cent complete, allowing for project procurement to progress to completion. The project remains on track and on budget for commercial production in H2-2024.
Overall, Project procurement has progressed to 88 per cent completion. Expenditures and commitments to date total $235 million.
CEO Louis-Pierre Gignac met with Shoran Devi to discuss these results.
G Mining Ventures is a mineral exploration company with properties in Québec and Brazil.
G Mining Ventures (GMIN) opened trading at $0.95 per share.