G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) announced it has received a 20-year Mining License from the Guyana Geology and Mines Commission, authorizing development, operation, and commercial gold production at its 100%-owned Oko West Gold Project. The approval, effective Dec. 5, 2025, marks the final major permitting milestone for the project, following the Final Environmental Permit in September and the formal construction decision in October. With all core regulatory requirements complete, GMIN is advancing disciplined development activities as early works transition into full construction. Pre-production open-pit mining is expected in Q1 2026, with initial fleet assembly underway.
This licensing milestone is significant for G Mining Ventures as it removes a key regulatory hurdle, allowing the company to proceed with full-scale development of the Oko West Gold Project. The project, located in the mining-friendly jurisdiction of Guyana, is one of two key assets for GMIN, alongside the TZ Gold Mine in Brazil. The company is positioning itself to become a mid-tier precious metals producer by leveraging its development expertise and access to capital. The 20-year license provides long-term operational certainty, which is critical for securing financing and advancing construction timelines.
The Oko West Gold Project has been the focus of extensive exploration and feasibility studies, and the receipt of the mining license now enables GMIN to move from planning to execution. The company expects pre-production open-pit mining to commence in the first quarter of 2026, with initial fleet assembly already underway. This development is expected to contribute to Guyana's growing mining sector and provide economic benefits through job creation and local investment. For investors, the completion of permitting reduces project risk and sets the stage for future cash flows from gold production.
For more details on the announcement, the full press release is available at https://ibn.fm/RMknR. Further updates and news regarding GMINF can be found in the company's newsroom at https://ibn.fm/GMINF.
