Uncovering Gold: G-Mining Ventures Reflects on 2024 Success with 63,566 Ounces of Production!
Description:
All amounts are in USD unless stated otherwise Tocantinzinho Gold Mine completed on time and on budget, ramping up to nameplate capacity 2024 gold production of 63,566 ounces Acquired and is fast-tracking the development of the Oko West Gold Project, a globally significant gold discovery with excellent potential to support a large, long-life mine complex Acquired the CentroGold Project, an advanced exploration asset in Brazil with a significant existing JORC-compliant resource base 94% appreciation in share price during calendar 2024, outperforming the gold price (+26%) and GDXJ (+13%) BROSSARD, QC , Jan. 8, 2025 /PRNewswire/ – (“GMIN” or the “Corporation”) (TSX: GMIN) (OTCQX: GMINF) celebrates a number of key milestones achieved at GMIN’s 100% owned Tocantinzinho Gold Mine (“TZ” or the “Mine”) in the State of Pará, Brazil, and the Oko West Gold Project (“Oko West” or the “Project”) in Guyana. Among the key development and corporate activities accomplished in 2024, GMIN is particularly pleased to report gold (“Au”) production of 40,147 ounces (“oz”) during the fourth quarter, and full-year gold production since first pour of 63,566 oz.
How this will affect you:
As a consumer or investor, the success of G-Mining Ventures in 2024 reflects positively on the industry as a whole. With the increase in gold production and acquisition of new projects, there may be potential opportunities for investment and growth in the gold market. This could lead to increased job opportunities and economic growth in regions where these projects are located.
How this will affect the world:
The success of G-Mining Ventures in 2024 highlights the importance of gold mining in contributing to global economic development. The acquisition of new projects and the increase in gold production indicate a growing demand for gold, which plays a significant role in various industries including jewelry, technology, and finance. This success also signifies the potential for sustainable mining practices and responsible resource management in the industry.
Conclusion:
In conclusion, G-Mining Ventures’ achievements in 2024 demonstrate a commitment to excellence, innovation, and growth in the gold mining sector. The successful development of the Tocantinzinho Gold Mine, Oko West Gold Project, and CentroGold Project signifies a bright future for the company and the industry as a whole. As G-Mining Ventures continues to thrive, the benefits of their success will be felt by investors, communities, and the global economy.
