G Mining Ventures Reports 20% Gold Production Increase at Tocantinzinho Mine
TL;DR
G Mining Ventures Corp. reports a 20% increase in Q2 2025 gold production at Tocantinzinho, showcasing operational efficiency and potential for investor gains.
G Mining Ventures achieved 42,587 ounces of gold in Q2 2025, with processing at 86% capacity and recovery rates improving to 90.3%.
G Mining Ventures' progress in Brazil and Guyana supports local economies and advances sustainable mining practices for future generations.
Discover how G Mining Ventures' SAG mill upgrades led to a significant production boost and recovery rate improvement in Q2 2025.
Found this article helpful?
Share it with your network and spread the knowledge!
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) announced substantial operational improvements in its second quarter 2025 results, with gold production reaching 42,587 ounces at the Tocantinzinho Gold Mine in Pará, Brazil. This represents a significant 20% increase compared to the first quarter, highlighting the company's progress toward achieving its annual production targets. The enhanced performance underscores G Mining Ventures Corp.'s operational efficiency and strategic execution in developing its flagship asset.
The processing plant demonstrated strong performance, averaging 12,890 tonnes per day over a 30-day period and achieving 86% of its nameplate capacity with an average quarterly throughput of 11,100 tpd. Recovery rates improved substantially to 90.3%, up from 87.7% in the previous quarter, while mining rates increased by 18% to 47,900 tpd. These metrics indicate significant operational optimization across all aspects of the mining operation.
Louis-Pierre Gignac, CEO of G Mining Ventures Corp., attributed these advancements to the successful upgrades of the SAG mill liners and reaffirmed the company's trajectory toward meeting its 2025 production goals. The quarter was also marked by an exemplary safety record, with no lost time or recordable incidents reported, demonstrating the company's commitment to operational excellence and worker safety. The Tocantinzinho Gold Mine's performance serves as validation of G Mining Ventures Corp.'s strategic focus on operational efficiency and its pathway to becoming a mid-tier precious metals producer.
Located in a mining-friendly jurisdiction in Brazil, the Tocantinzinho Gold Mine benefits from G Mining Ventures Corp.'s access to capital and development expertise, positioning the company for continued growth and success in the precious metals sector. The strong quarterly results provide confidence in the company's ability to maintain this positive momentum throughout 2025 and beyond, establishing a solid foundation for future expansion and development opportunities within the region.
Curated from InvestorBrandNetwork (IBN)
