G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) reported preliminary first-quarter 2026 production results from its wholly owned Tocantinzinho Gold Mine in Brazil, with gold output of 31,846 ounces and sales of 33,776 ounces. The figures reflect planned mining of lower-grade material as part of ongoing waste stripping and pit advancement aimed at accessing higher-grade ore later in the year.
The operation achieved average throughput of 11,811 tonnes per day, with a processed grade of 1.03 g/t gold and recovery of 90.3%. The strip ratio increased to 4.40x as the company advances toward higher-grade Phase 2 mineralization, which is expected to drive stronger production in the second half of 2026. This trajectory supports full-year guidance of 160,000 to 190,000 ounces.
The Tocantinzinho mine, located in Brazil's Para state, commenced commercial production in 2024 and is designed to process approximately 10,000 tonnes per day. The current quarter's higher strip ratio is a temporary measure to expose the Phase 2 ore body, which contains significantly higher grades. Management emphasized that the mine plan remains on track, with mill throughput exceeding design capacity.
G Mining Ventures is positioning itself as a mid-tier precious metals producer through its portfolio of assets in mining-friendly jurisdictions. Beyond Tocantinzinho, the company is advancing the Gurupi Project in Brazil and the Oko West Project in Guyana. The company trades on the TSX under the symbol "GMIN" and on the OTCQX under "GMINF."
For investors, the Q1 2026 results underscore the cyclical nature of open-pit mining, where waste stripping temporarily dilutes grades before accessing higher-value ore. The ability to maintain full-year guidance despite lower Q1 output reflects confidence in the mine's operational plan. The company's strong access to capital and proven development expertise are key factors supporting its growth strategy.
The latest news and updates relating to GMINF are available in the company's newsroom at https://ibn.fm/GMINF. The full press release can be viewed at https://ibn.fm/COcbP.
