G Mining Ventures Announces Robust Feasibility Study for Oko West Gold Project in Guyana

G Mining Ventures Corp. has unveiled a comprehensive feasibility study for its Oko West Gold Project in Guyana, revealing robust economic prospects for a large-scale mining operation. The study projects total gold production of 4.3 million ounces over a 12.3-year period, with an impressive average annual production of 350,000 ounces. This production profile establishes the project as a substantial contributor to global gold supply and represents a major development in Guyana's emerging mining sector.

The project demonstrates compelling financial metrics, including an all-in sustaining cost of $1,123 per ounce. Based on a gold price of $2,500 per ounce, the project carries an after-tax net present value of $2.2 billion and a 27% after-tax internal rate of return, indicating significant potential for investor returns. These strong economic indicators highlight the project's viability and competitive positioning within the global gold mining industry, particularly given current market conditions and gold price expectations.

Strategic planning is well underway, with final environmental permits anticipated in the second quarter of 2025. The company aims to make a construction decision in the second half of 2025, positioning the Oko West Project for near-term development. This timeline reflects the advanced stage of project planning and the company's commitment to moving forward with development once all necessary approvals are secured.

Located in Region 7 of Guyana, the project represents a significant investment in a mining-friendly jurisdiction. The comprehensive feasibility study underscores G Mining Ventures' commitment to developing sustainable and economically viable precious metal projects. The Oko West Gold Project's development is expected to bring substantial economic benefits to the region while establishing Guyana as an important emerging gold producer on the global stage.