G Mining Ventures Reports Third Quarter 2026 Results – Strong Free Cash Flow Driven by Solid Operational Performance; On Track to Achieve 2026 Production and Cost Guidance
Key Highlights
- ➤Q3 gold production 44,960 ounces, up 22% sequentially
- ➤Q3 free cash flow reached $80.0 million
- ➤2026 production guidance maintained at 160,000–190,000 ounces
- ➤2026 total cash cost and AISC guidance reiterated at $836–$965 and $1,330–$1,544
- ➤Oko Gold construction 57% funded, targeting first gold pour in H2 2027
Expert Statements
Louis-Pierre Gignac, President and Chief Executive Officer of G Mining Ventures Corp.
“TZ continues to perform well and remain closely aligned with the operating plan, reflecting the consistent execution of our team. Solid operational performance contributed to strong free cash flow, funding construction activities at Oko. We expect a further increase in throughput, mining rates, as well as higher grades, which will drive a significant increase in production in the fourth quarter, at lower costs, and remain on track to achieve our annual production and cost guidance.”
Louis-Pierre Gignac, President and Chief Executive Officer of G Mining Ventures Corp.
“We are making excellent progress across our project pipeline. At Oko, construction continues to advance on schedule and on budget, keeping us firmly on the path toward first gold pour in the second half of 2027. At Gurupi, the ESIA continues to progress and an updated MRE is expected to be complete before year-end, which will form the basis of a Preliminary Economic Assessment (“PEA”) targeted by the end of 2026.”
BROSSARD, QUÉBEC, Nov. 12, 2026 (GLOBE NEWSWIRE) -- G Mining Ventures Corp. (“GMIN” or the “Corporation”) (TSX: GMIN, OTCQX: GMINF) today reported financial and operating results for the third quarter ended September 30, 2026. Unless otherwise indicated, all dollar amounts are in U.S. dollars.
Louis-Pierre Gignac, President and Chief Executive Officer, commented : “TZ continues to perform well and remain closely aligned with the operating plan, reflecting the consistent execution of our team. Solid operational performance contributed to strong free cash flow, funding construction activities at Oko. We expect a further increase in throughput, mining rates, as well as higher grades, which will drive a significant increase in production in the fourth quarter, at lower costs, and remain on track to achieve our annual production and cost guidance. “We are making excellent progress across our project pipeline. At Oko, construction continues to advance on schedule and on budget, keeping us firmly on the path toward first gold pour in the second half of 2027. At Gurupi, the ESIA continues to progress and an updated MRE is expected to be complete before year-end, which will form the basis of a Preliminary Economic Assessment (“ PEA ”) targeted by the end of 2026.”
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