G Mining Ventures Secures 20-Year Mining License for Oko West Gold Project

G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) has received a 20-year Mining License from the Guyana Geology and Mines Commission for its 100%-owned Oko West Gold Project. The license authorizes development, operation, and commercial gold production at the site, with the approval effective December 5, 2025. This development represents the final major permitting milestone for the project, following the company's receipt of the Final Environmental Permit in September and the formal construction decision made in October. With all core regulatory requirements now complete, GMIN is advancing disciplined development activities as early works transition into full construction.

The significance of this 20-year license cannot be overstated as it provides long-term operational certainty for what is positioned to become a major gold production asset. The approval enables the company to proceed with confidence in its development timeline, which includes pre-production open-pit mining expected to commence in the first quarter of 2026. Initial fleet assembly is already underway, indicating the project's momentum toward production. This regulatory clearance comes at a critical time for the gold mining sector, where secure, long-term operating permits in mining-friendly jurisdictions like Guyana are increasingly valuable assets.

The Oko West Gold Project represents a substantial component of GMIN's growth strategy to become a mid-tier precious metals producer. The company's access to capital and proven development expertise positions it to capitalize on the value uplift from successful mine development. The project's advancement through the permitting process demonstrates the company's ability to navigate complex regulatory environments while maintaining project momentum. For investors and stakeholders, this milestone reduces execution risk and provides greater visibility into the project's path to production and revenue generation.

The broader implications extend to Guyana's mining sector, where the approval of a major 20-year mining license signals continued support for responsible resource development. The project's progression from permitting to construction phase represents a significant economic development opportunity for the region, with potential for job creation and infrastructure development. As GMIN moves forward with construction activities, the company's disciplined approach to development will be critical in meeting its production timeline while maintaining environmental and social responsibility standards. The full details of this development are available in the company's official announcement at https://ibn.fm/RMknR.