G Mining Ventures Unveils Promising Feasibility Study for Oko West Gold Project in Guyana

G Mining Ventures Corp. has revealed promising results from its feasibility study for the Oko West Gold Project, highlighting a substantial gold mining opportunity in Guyana. The study projects a total gold production of 4.3 million ounces over 12.3 years, with an anticipated average annual output of 350,000 ounces.

The project's economic potential is underscored by its competitive all-in sustaining cost (AISC) of $1,123 per ounce, positioning it favorably in the global gold mining landscape. Based on a gold price of $2,500 per ounce, the project demonstrates strong financial metrics, including an after-tax net present value of $2.2 billion and an impressive 27% after-tax internal rate of return.

Strategic planning indicates that final environmental permits are expected in the second quarter of 2025, with a construction decision targeted for the second half of the same year. This timeline suggests a methodical approach to developing the open-pit and underground mining operation.

The Oko West Project represents a significant investment in Guyana's mining sector, potentially contributing to the country's economic development while offering substantial returns for G Mining Ventures. The project's robust economics and projected long-term production profile make it an attractive venture in the precious metals industry.

With its comprehensive feasibility study, G Mining Ventures has positioned the Oko West Gold Project as a potentially transformative asset in its portfolio, showcasing the company's strategic approach to gold mining development in mining-friendly jurisdictions.