G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) has released its operational guidance for 2026 and 2027, detailing production expectations and cost estimates for its 100%-owned Tocantinzinho Gold Mine in Pará State, Brazil. The company also provided an update on the Oko West Gold Project in Guyana, which remains on schedule for first gold production in the second half of 2027.
For 2026, G Mining forecasts gold production between 160,000 and 190,000 ounces, with output weighted toward the second half of the year as higher-grade ore becomes accessible. In 2027, production is expected to increase to between 200,000 and 235,000 ounces. Cash operating costs for 2026 are projected at $736 to $865 per ounce, with all-in sustaining costs (AISC) ranging from $1,230 to $1,444 per ounce. The company anticipates material cost improvements in 2027, driven by a full-year contribution from Phase 2 ore.
Sustaining capital expenditures for 2026 are estimated at $69 million to $81 million. Growth capital for the Oko West project is projected at $514 million to $568 million, reflecting the company's commitment to advancing this key asset. The Oko West Gold Project in Guyana remains on track to deliver first gold in the second half of 2027.
These guidance figures highlight G Mining's strategy to ramp up production and reduce costs as operations mature. The Tocantinzinho mine, which began commercial production in 2024, is a cornerstone of the company's portfolio. The Oko West project, once operational, will further diversify G Mining's asset base and strengthen its position in the precious metals sector.
For further details, the full press release is available at https://ibn.fm/5u2mI. Updates on G Mining Ventures Corp. can be accessed via the company's newsroom at https://ibn.fm/GMINF.
