G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) reported preliminary second-quarter production of 36,845 ounces of gold from its 100%-owned Tocantinzinho Gold Mine in Brazil, a 16% increase from the first quarter. Year to date, the company has produced 68,691 ounces of gold and sold 71,215 ounces while maintaining its full-year production guidance of 160,000 to 190,000 ounces. 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%.
The company said second-quarter mining reached a record 6.3 million tonnes as operations 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 about 62% of annual output forecast for H2, and plans to release its full second-quarter financial and operating results on Aug. 12, followed by a conference call on Aug. 13. For the full press release, visit https://ibn.fm/5MjpF.
This strong operational performance underscores G Mining Ventures' ability to ramp up production and execute its development strategy. The company is well-positioned to grow into the next mid-tier precious metals producer by leveraging strong access to capital and proven development expertise. Its portfolio includes the Tocantinzinho Gold Mine and the Gurupi Project in Brazil, as well as the Oko West Project in Guyana. More information on the company is available in its newsroom at https://ibn.fm/GMINF.
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