G Mining Ventures' Oko West Gold Project Shows Strong Economic Potential in Feasibility Study

G Mining Ventures Corp. has unveiled a comprehensive feasibility study for its Oko West Gold Project in Guyana, revealing robust economic prospects for a large-scale mining operation. The study projects total gold production of 4.3 million ounces over a 12.3-year period, with an impressive average annual production of 350,000 ounces. This substantial production profile positions the project as a significant contributor to global gold supply and represents a major development opportunity in the Guyanese mining sector.

The project demonstrates compelling financial metrics, including an all-in sustaining cost of $1,123 per ounce. Based on a gold price of $2,500 per ounce, the project carries an after-tax net present value of $2.2 billion and a 27% after-tax internal rate of return, indicating significant potential for investor returns. These strong economic indicators suggest the project could generate substantial value for stakeholders while operating efficiently in the competitive gold mining industry. The favorable cost structure relative to the projected gold price provides a comfortable margin that enhances the project's resilience to market fluctuations.

Strategic planning is well underway, with final environmental permits anticipated in the second quarter of 2025. The company aims to make a construction decision in the second half of 2025, positioning the Oko West Project for near-term development. This timeline reflects the advanced stage of project planning and the company's commitment to moving forward with development once all necessary approvals are secured. The project's progression through regulatory processes demonstrates the systematic approach being taken to ensure all development requirements are met.

Located in Region 7 of Guyana, the project represents a significant investment in a mining-friendly jurisdiction. The comprehensive feasibility study underscores G Mining Ventures' commitment to developing sustainable and economically viable precious metal projects. The Oko West Gold Project's development would contribute to economic growth in the region while adhering to responsible mining practices. The project's scale and economic potential make it an important asset not only for the company but also for Guyana's developing mining industry and the broader gold market.