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G Mining Ventures (GMIN) investor relations material
G Mining Ventures Corporate presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Portfolio and growth strategy
Portfolio spans Tocantinzinho in production, Oko under construction and Gurupi in advanced exploration; combined land package totals 2,950 km².
Growth strategy is to acquire or advance development-stage assets, build and operate them, then use exploration to extend mine life and support resource growth.
Oko’s illustrative combined life-of-mine average production potential is ~500 koz annually, including 350 koz from Oko West and 228 koz from Oko-Ghanie; combined timing and output remain subject to an updated feasibility study, and G2 resources are historical estimates.
Consolidated free cash flow is projected to exceed $1.2B in 2028 at $4,000/oz gold; the estimate includes Tocantinzinho and Oko West only.
Tocantinzinho operations
2025 production was 171,871 oz, with AISC of $1,155/oz and mine-site free cash flow of $255M.
Q2 2026 production was 36,845 oz, up 16% QoQ; mine-site free cash flow was $85M, or $2,301/oz produced.
2026 guidance is 160–190 koz at cash costs of $836–$965/oz and AISC of $1,330–$1,544/oz; 2027 guidance is 200–235 koz at cash costs of $633–$743/oz and AISC of $977–$1,146/oz.
Higher H2 2026 production is expected as mining accesses higher-grade Phase 2 ore; 2027 production is expected to rise 25% over 2026, with lower costs.
Mineralization remains open below the current pit, with potential for resource conversion or additions subject to further drilling, modelling and economic evaluation.
Oko construction and funding
First gold is targeted for H2 2027 and commercial production in early 2028; construction was reported on schedule and budget, at 36% complete by earned value as of the presentation.
As of June 30, 2026, $423M had been spent and $628M committed; detailed engineering was progressing toward Q3 completion and procurement was ~99% complete.
Oko is projected to be fully funded to first gold, with $1.288B in estimated sources, $550M of remaining Oko West capital costs and a projected $650M liquidity surplus. Sources include cash, a credit facility and estimated Tocantinzinho free cash flow at $4,000/oz gold.
The combined Oko project has 362 km² of land and is positioned as a district-scale development; infill drilling is converting resources, with a 55,000 m program 35% complete.
G2 permitting is planned as an expansion through a permit variance; EPA approval is expected to depend on completing requirements set through the permitting process.
- Higher-grade ore lifted Q3 output as Oko Gold advanced toward H2 2027 first gold.GMIN
Q3 2026 - Oko West nears first gold as exploration and expansion target 1M oz annual output.GMIN
Mining Forum Americas 2026 - On track for >500 koz gold production by 2028, fueled by Oko West and strong cash flow.GMIN
AGM 2026 presentation - Strong Q2 2026 results, record free cash flow, and major project progress amid higher cost guidance.GMIN
Q2 2026 - Transformational gold production growth to 700,000 oz by 2028, led by Tier-1 projects.GMIN
Corporate presentation - Significant construction progress and strategic acquisition drive project advancement and workforce unity.GMIN
Corporate presentation - On track for 500,000+ oz annual gold production by 2028, driven by flagship projects and exploration.GMIN
Corporate presentation - Record Q3 gold output, strong cash flow, and Oko West construction drive multi-asset growth.GMIN
Q3 2025 - Record gold output, low costs, and major project milestones drive robust 2024 results and 2025 outlook.GMIN
Q4 2024
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