G Mining Ventures Corp. T.GMIN

Alternate Symbol(s): GMINF

Metals & Mining Gold

G Mining Ventures Corp. is a Canada-based intermediate gold producer. The Company is engaged in the acquisition, exploration and development of precious metal projects, to capitalize on the value uplift from mine development. The Company’s flagship Tocantinzinho Gold Project, covers 996 square kilometers (km2) land package, has access via 103 kilometers (km) of all-weather roads starting from the national highway, the BR-163, that links the industries in southern Brazil to the city of Belem in the north. Tocantinzinho is a permitted, construction ready, open-pit gold deposit containing 2.0 million ounces of reserves located in Para State, Brazil. Its Oko West Project is a gold discovery in northwest Guyana. It is located south of the Oko gold district, some 95 kilometers (km) west of Georgetown. The Oko West Project comprises a prospecting license with an area of approximately 44 km2.

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G Mining Ventures Corp. > Can someone explain the rationale for the RSD transaction?

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Comment by DrBill1on Jun 29, 2024 11:42pm

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Post# 36112459

RE:Can someone explain the rationale for the RSD transaction?

This Management Team has an expertise in engineering mines. They have critical knowledge and the personnel to execute a mine plan, making it happen in a cost-effective manner, within timelines and at or under budget. They are close to production and can now use these resources on the Guyana Project. Guyana and Brazil are close together and the deal makes economic sense.
Regards,
DrBill1241

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