G Mining Ventures Reports Record Q1 Results, Reaffirms Production Guidance

G Mining Ventures Corp. announced record first-quarter financial results with $80.4 million net income and $56.2 million free cash flow, driven by strong gold prices at its Tocantinzinho mine, while reiterating full-year production guidance of 160,000-190,000 ounces.

SD Metrowire Staff
Business
G Mining Ventures Reports Record Q1 Results, Reaffirms Production Guidance

G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) reported record first-quarter 2026 financial results, including net income of $80.4 million and free cash flow of $56.2 million, driven by strong margins at its Tocantinzinho mine amid higher realized gold prices. The company produced 31,846 ounces of payable gold during the quarter, maintained full-year production guidance of 160,000 to 190,000 ounces, and ended the period with total available liquidity of $637.2 million to support ongoing growth initiatives, including advancement of the Oko West project and its proposed acquisition of G2 Goldfields.

The Tocantinzinho mine, located in Brazil, continues to demonstrate operational excellence, contributing to the company's robust financial performance. G Mining Ventures is positioned to grow into the next mid-tier precious metals producer by leveraging strong access to capital and proven development expertise. The company is anchored in mining-friendly jurisdictions: Brazil, with the Tocantinzinho Gold Mine and the Gurupi Project, as well as Guyana, with the Oko West Project.

The record quarterly results underscore the company's ability to capitalize on favorable gold prices, which have bolstered margins and cash flow. With total available liquidity of $637.2 million, G Mining Ventures is well-equipped to fund its growth initiatives, including the development of the Oko West project in Guyana and the planned acquisition of G2 Goldfields.

Investors can access the full press release for more details at https://ibn.fm/67ezF. For the latest news and updates relating to GMINF, the company's newsroom is available at https://ibn.fm/GMINF.

This announcement is significant for investors tracking the precious metals sector, as it demonstrates G Mining Ventures' operational strength and financial stability. The company's ability to generate substantial free cash flow while maintaining production guidance highlights its potential for sustained growth. The continued development of the Oko West project and the G2 Goldfields acquisition could further enhance its production profile and shareholder value.

Blockchain Registration

QR Code for Blockchain Registration