G Mining Ventures Begins Site Prep at Oko West Gold Project, Guyana

G Mining Ventures has commenced site preparation activities at its Oko West gold project in Guyana, marking a significant development in its path towards production. The company has received an Interim Environmental Permit, allowing for initial construction activities, including a barge landing and a permanent camp area. CEO Louis-Pierre Gignac emphasized that these early-stage efforts aim to expedite the project, with a feasibility study expected to be published in mid-2025. The project has an estimated after-tax net present value of $1.4 billion and anticipates average annual gold production of 353,000 ounces over 12.7 years. A formal construction decision is projected for the second half of 2025, contingent on the feasibility study's outcome and financing. G Mining Ventures is positioned to evolve into a mid-tier gold producer as it advances its project development.