G Mining Ventures (GMIN) Corporate Presentation summary

Strategic vision and growth model

• Aims to become the next intermediate gold producer through disciplined project development and a repeatable buy, build, operate strategy, leveraging a world-class management team and proven mine-building expertise in mining-friendly jurisdictions.

• Portfolio includes Tocantinzinho (Brazil, commercial production), Oko West (Guyana, feasibility stage), and Gurupi (Brazil, advanced exploration), all with significant exploration upside.

• Targets doubling gold production to over 500,000 ounces per year by 2028, with multiple near-term catalysts and a compelling re-rating opportunity.

Operational and financial performance

• Q1 2025 gold production was 35,578 oz at an AISC of $960/oz, generating $36M in free cash flow and $69M in adjusted EBITDA; cash balance stood at $149M with net cash of $37M.

• Q1 realized gold price was $2,766/oz; revenue was $98M, net income $24M, and free cash flow margin 37%.

• Q1 operating costs were $602/oz, with total cash costs at $689/oz and site-level AISC at $835/oz, tracking below full-year guidance.

• Added to S&P/TSX, GDX, and GDXJ indices in Q1 2025.

Asset portfolio and project highlights

• Tocantinzinho: Commercial production began September 2024; 2025 guidance is 175,000–200,000 oz at AISC $903–$1,033/oz, with 2.03 Moz P&P reserves and 2.18 Moz M&I resources.

• Oko West: DFS published April 2025; planned average production 350,000 oz/year at AISC $1,123/oz over 12 years, with 4.6 Moz P&P reserves and 5.4 Moz M&I resources.

• Gurupi: Acquired from BHP in Q4 2024; Q1-25 resource update shows 1.8 Moz indicated and 0.8 Moz inferred; focus on expanding resources and exploration.