G Mining Ventures Reports 20% Gold Production Increase at Tocantinzinho Mine in Q2 2025
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.
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G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) announced significant operational achievements in its second quarter 2025 results, with gold production reaching 42,587 ounces at the Tocantinzinho Gold Mine in Pará, Brazil. This represents a substantial 20% increase compared to the first quarter, highlighting the company's improving operational efficiency and steady progress toward its annual production targets. The performance underscores G Mining Ventures' strategic focus on operational excellence as it works to establish itself as a mid-tier precious metals producer in the mining sector.
The processing plant demonstrated strong performance during the quarter, 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 showed notable improvement, increasing to 90.3% from 87.7% in the previous quarter, while mining rates surged by 18% to 47,900 tpd. These operational metrics reflect the successful implementation of technical improvements and optimization efforts at the mine site, contributing to the overall production growth and efficiency gains.
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 impressive safety record, with no lost time or recordable incidents reported, demonstrating the company's commitment to maintaining high safety standards while achieving production milestones. The Tocantinzinho Gold Mine's performance in a mining-friendly jurisdiction, combined with G Mining Ventures Corp.'s access to capital and development expertise, positions the company for continued growth and success in the precious metals sector.
Curated from InvestorBrandNetwork (IBN)
