G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) reported preliminary second-quarter gold production of 36,845 ounces from its wholly-owned Tocantinzinho Gold Mine in Brazil, representing a 16% increase over the first quarter's output. The company also reaffirmed its full-year 2026 production guidance of 160,000 to 190,000 ounces, with production expected to be weighted toward the second half of the year.
Year to date, the company has produced 68,691 ounces of gold and sold 71,215 ounces. During the quarter, the mill processed ore at an average rate of 11,121 tonnes per day with an average gold recovery of 91.9%. The mining operation achieved a record 6.3 million tonnes moved in the quarter as the company advanced waste stripping and pit development to access higher-grade Phase 2 mineralization.
According to the company, approximately 62% of the annual gold production is forecast for the second half of 2026, positioning the mine for stronger output in the coming months. The full second-quarter financial and operating results are scheduled for release on August 12, 2025, followed by a conference call on August 13.
The results underscore the operational ramp-up at Tocantinzinho, which began commercial production in late 2024. The mine is a key asset for G Mining Ventures as it seeks to establish itself as a mid-tier precious metals producer. The company maintains a portfolio of projects in mining-friendly jurisdictions, including the Gurupi Project in Brazil and the Oko West Project in Guyana.
For further details, the full press release is available at https://ibn.fm/5MjpF. More information about G Mining Ventures and its operations can be found in the company's newsroom at https://ibn.fm/GMINF.
