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. 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 as the company advances toward higher-grade Phase 2 mineralization.
The company expects stronger production in the second half of 2026 as it moves into higher-grade zones, supporting full-year guidance of 160,000 to 190,000 ounces. The Tocantinzinho mine, located in Brazil's Para State, is a key asset for G Mining Ventures, which also holds the Gurupi Project in Brazil and the Oko West Project in Guyana. The company is positioning itself to become a mid-tier precious metals producer by leveraging strong access to capital and proven development expertise.
Investors can view the full press release at https://ibn.fm/COcbP. For the latest news and updates relating to GMINF, visit the company’s newsroom at https://ibn.fm/GMINF.
The announcement underscores the company's progress at Tocantinzinho, which began commercial production in mid-2024. The mine's performance in Q1 2026, while below peak capacity due to stripping activities, aligns with the mine plan. The increase in strip ratio is a temporary measure to expose higher-grade ore, which is expected to boost production and grades in subsequent quarters. This strategic approach is designed to optimize long-term mine life and profitability.
G Mining Ventures continues to benefit from its experienced management team, which has a track record of successful mine development. The company's focus on mining-friendly jurisdictions in Brazil and Guyana provides a stable operating environment. With the Tocantinzinho mine ramping up and exploration ongoing at its other projects, GMIN is well-positioned to deliver value for shareholders. The Q1 production report, while reflecting a transitional phase, provides a clear roadmap for the remainder of 2026.
