G Mining Ventures Reports Q1 2026 Gold Production of 31,846 Ounces, Plans Higher Output in H2

G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) reported preliminary first-quarter 2026 production results from its wholly owned Tocantinzinho Gold Mine in Brazil, with gold output of 31,846 ounces and sales of 33,776 ounces. The results reflect planned mining of lower-grade material as part of ongoing waste stripping and pit advancement, according to the company's press release.

The operation achieved average throughput of 11,811 tonnes per day, a processed grade of 1.03 g/t gold and recovery of 90.3%, while the strip ratio increased to 4.40x. The company is advancing toward higher-grade Phase 2 mineralization, which is expected to drive stronger production in the second half of 2026, supporting full-year guidance of 160,000 to 190,000 ounces.

This news matters because it provides a key update on the ramp-up of a major new gold mine in Brazil. The Tocantinzinho mine is a cornerstone asset for G Mining Ventures as it seeks to become a mid-tier precious metals producer. The lower Q1 production was anticipated due to mine sequencing, but the company's reaffirmation of full-year guidance signals confidence in the mine's long-term potential.

Investors should note that the company is well-positioned to grow into the next mid-tier precious metals producer by leveraging strong access to capital and proven development expertise, as stated in the release. The company is currently anchored in mining-friendly jurisdictions: Brazil, with the Tocantinzinho Gold Mine and the Gurupi Project, as well as Guyana, with the Oko West Project.

For more details, the full press release is available at https://ibn.fm/COcbP. The latest news and updates relating to GMINF are available in the company's newsroom at https://ibn.fm/GMINF.

The implications of this announcement are significant for shareholders and potential investors. The Q1 production numbers, while below the quarterly average needed to meet the midpoint of guidance, are consistent with the mine plan that expects higher grades in the second half. Successful execution could lead to increased cash flow and share price appreciation. Conversely, any delays in accessing higher-grade ore could pressure the stock.

G Mining Ventures Corp. is a mining company engaged in the development, operation and exploration of precious metal projects. GMIN trades on the TSX under the symbol 'GMIN'.