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 Oilminerdeluxeon Jul 10, 2024 1:42am

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Post# 36125707

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

Could be as easy as management is 100% convinced a major will take out their neighbor's higher grade deposit AND at the same time take out Gmin for a higher price. Makes sense to consolidate the whole district and everyon knows G2 will be taken out when they have drilled a bit more. If Gmin owns something that the acquirer wants, they will benefit too. The mine will most likely start with the ultra high grade that is on G2's side of the fence. Gmin's deposit fits right in there, imho. i can be very wrong of course, but seems logical to me.

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