G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) reported preliminary third-quarter 2026 production results from its wholly owned Tocantinzinho Gold Mine in Pará, Brazil, delivering 44,960 ounces of gold, a 22% increase over the second quarter. The company also sold 43,110 ounces during the period. The strong operational performance underscores the mine's ramp-up and supports the company's transition toward mid-tier producer status.
Average plant throughput reached 12,372 tonnes per day, with an average processed gold grade of 1.33 grams per tonne and a recovery rate of 92%. Year-to-date production totaled 113,651 ounces, positioning G Mining to achieve the midpoint of its full-year production guidance of 160,000 to 190,000 ounces. The company expects higher grades and production in the fourth quarter as mining advances into higher-grade Phase 2 mineralization.
For investors, the results signal that Tocantinzinho is performing in line with expectations and that G Mining remains on track to meet its annual targets. The 22% quarterly increase demonstrates operational momentum, while the 92% recovery rate highlights efficient processing. The company's ability to generate consistent gold production is critical as it seeks to grow into the next mid-tier precious metals producer.
G Mining Ventures Corp. is engaged in the development, operation and exploration of precious metal projects, with a focus on capitalizing on the value uplift from successful mine development. The company is anchored in mining-friendly jurisdictions: Brazil, with the Tocantinzinho Gold Mine and the Gurupi Project, and Guyana, with the Oko West Project. GMIN trades on the TSX under the symbol “GMIN”.
The latest news and updates relating to GMINF are available in the company’s newsroom at https://ibn.fm/GMINF. To view the full press release, visit https://ibn.fm/lyHAo.
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G Mining plans to release its third-quarter financial and operating results on Nov. 12, followed by a conference call and webcast on Nov. 13 at 9 a.m. ET. These results will provide further detail on the company's financial health and operational efficiency, which are key for assessing its ability to sustain production growth and generate shareholder value. With gold prices remaining a focal point for investors, G Mining's consistent output and progress toward guidance could enhance its appeal as a growth-oriented precious metals producer. The company's success at Tocantinzinho also serves as a proof of concept for its development expertise, which it aims to replicate at its other projects in Brazil and Guyana. As G Mining continues to advance its portfolio, the market will be watching closely for execution on its strategy to become a mid-tier gold producer.
