G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) reported record first-quarter 2026 financial results, including net income of $80.4 million and free cash flow of $56.2 million, driven by strong margins at its Tocantinzinho mine amid higher realized gold prices. The company produced 31,846 ounces of payable gold during the quarter, maintained full-year production guidance of 160,000 to 190,000 ounces, and ended the period with total available liquidity of $637.2 million to support ongoing growth initiatives, including advancement of the Oko West project and its proposed acquisition of G2 Goldfields.
The strong financial performance underscores the company's operational efficiency and the favorable gold price environment. The Tocantinzinho mine, located in Brazil, continues to deliver robust margins, positioning G Mining Ventures as a significant player in the precious metals sector. The company's ability to generate substantial free cash flow early in its fiscal year provides a solid foundation for future growth.
Liquidity of $637.2 million, comprising cash and undrawn credit facilities, gives G Mining Ventures the flexibility to advance key projects. The Oko West project in Guyana is a notable development asset, and the proposed acquisition of G2 Goldfields could further expand the company's portfolio. These initiatives align with G Mining's strategy to grow into a mid-tier precious metals producer.
The company's reiterated production guidance indicates management's confidence in operational stability. Achieving the lower end of the range would still represent significant production growth compared to prior periods. For more details, the full press release is available at https://ibn.fm/67ezF.
G Mining Ventures Corp. is a mining company engaged in the development, operation, and exploration of precious metal projects. The company is focused on capitalizing on value uplift from successful mine development, leveraging strong access to capital and proven expertise. Key assets include the Tocantinzinho Gold Mine and the Gurupi Project in Brazil, as well as the Oko West Project in Guyana.
The company trades on the TSX under the symbol "GMIN" and on the OTCQX under "GMINF". Investors can find the latest news and updates in the company's newsroom at https://ibn.fm/GMINF.
