G Mining Ventures Advances Oko West Gold Project with Permit

G Mining Ventures Propels Oko West Gold Project Forward

G Mining Ventures Corp. (GMIN) has received an interim environmental permit from the Environmental Protection Agency (EPA). This is a significant step for the corporation as it prepares for the development of its Oko West Gold Project. This crucial permit allows GMIN to initiate early construction activities, enhancing its operational timetable for the project.

Details on the Interim Environmental Permit

The Interim Environmental Permit, valid for one year, follows the submission of the Environmental Impact Assessment and Environmental Impact Statement (collectively known as ESIA). This collaboration with the EPA signifies a positive response to GMIN's commitment to environmental stewardship.

Early Works Activities Planned

With the permit secured and a "No Objection" letter from the Guyana Forestry Commission, G Mining intends to begin early works in the first half of 2025. Key activities include constructing various facilities essential for the project's operation.

Planned Construction Activities

In 2025, G Mining plans a series of early construction activities at the Oko West site:

• Barge Landing facility
• Main access road and internal roads
• Airstrip
• Permanent camp facility
• Water and sewage treatment plants
• Power generation and communication tower

Comments from Leadership

Louis-Pierre Gignac, President & CEO of G Mining, stated, "The approval of the Interim Environmental Permit is a pivotal moment for advancing the Oko West Project. We appreciate the collaborative spirit of Guyana's EPA and Forestry Commission, which helps align our efforts with community development in the region." He expressed enthusiasm for the early works and the ability to bolster the local workforce ahead of the main construction phase.

Public Access and Engagement

To promote transparency, G Mining Ventures has made the Oko EIA and EIS submissions accessible to the public at local libraries and the Regional Democratic Council Region 7 office. Interested parties can also find the information on GMIN's website. This openness aims to foster community engagement and support for the project.

Future Development Catalysts

As G Mining moves ahead, several key development milestones are anticipated:

• Commencement of early works in Q1 2025
• Publication of the Feasibility Study in Q2 2025
• Issuance of the full environmental permit by Q2 2025
• Formal construction decision in the second half of 2025
• Continuation of detailed engineering throughout 2025
• Exploration activities in both greenfield and brownfield sites

About G Mining Ventures Corp.

G Mining Ventures Corp. is committed to the acquisition, exploration, and development of precious metal projects. The corporation’s strategy focuses on enhancing its portfolio and advancing toward becoming a mid-tier producer in the mining sector. Anchored by the Tocantinzinho Gold Mine and the Oko West Project, G Mining is positioned favorably in mining-friendly areas.

Contact Information

For additional details about G Mining Ventures Corp., please visit their website or contact:

Jessie Liu-Ernsting
Vice President, Investor Relations and Communications
647.728.4176
ir@gmin.gold

Frequently Asked Questions

What is the purpose of the interim environmental permit?

The interim environmental permit allows G Mining Ventures to initiate early construction activities for the Oko West Gold Project.

When is G Mining planning to begin early works?

Early construction activities are expected to commence in the first half of 2025.

What early works will be conducted at Oko West?

Early works include constructing a barge landing facility, access roads, an airstrip, and various essential infrastructure.

How does G Mining engage with the public regarding the project?

G Mining provides access to project documents in local libraries and promotes transparency through its website.

What are some future milestones for the Oko West Project?

Future milestones include the publication of a feasibility study and formal construction decisions in 2025.

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