G Mining Ventures Reports 16% Increase in Q2 Gold Production, Reaffirms 2026 Guidance

G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) announced preliminary second-quarter gold production of 36,845 ounces from its wholly-owned Tocantinzinho Gold Mine in Brazil, marking a 16% increase compared to the first quarter. The company produced 68,691 ounces of gold year to date and sold 71,215 ounces, while maintaining its full-year production guidance of 160,000 to 190,000 ounces.

The improved output underscores the mine’s operational ramp-up. During the quarter, the mine processed ore at an average rate of 11,121 tonnes per day with an average gold recovery of 91.9%. Second-quarter mining reached a record 6.3 million tonnes as the company advanced waste stripping and pit development to access higher-grade Phase 2 mineralization. G Mining Ventures expects production to be weighted toward the second half of 2026, with approximately 62% of annual output forecast for the latter half.

The results highlight the progress at Tocantinzinho, which began commercial production earlier this year. The mine is a key asset for G Mining Ventures as it aims to become a mid-tier precious metals producer. The company also holds the Gurupi Project in Brazil and the Oko West Project in Guyana, both in mining-friendly jurisdictions.

G Mining Ventures plans to release its full second-quarter financial and operating results on August 12, followed by a conference call on August 13. Investors can access full details of the preliminary production report at https://ibn.fm/5MjpF.

The production increase is significant for shareholders and the broader mining sector, as it demonstrates the company’s ability to execute on its development plans and achieve operational milestones. With the mine ramping up and higher-grade ore expected in the second half, G Mining Ventures is positioned to meet its annual guidance and generate strong cash flows. The company’s stock trades on the TSX under the symbol ‘GMIN’ and on the OTCQX under ‘GMINF’.

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