G Mining Ventures Provides Tocantinzinho Project Development Update and Announces Appointment of Key Senior Personnel

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May 26, 2022
  • Initiation of early works activities at Tocantinzinho in preparation for full construction
  • Deployment of "Self-Perform" execution model initiated with additions of key personnel
  • Advancing procurement and commitments for long lead items, forecast to total $47 million by June
  • Labor agreement with local union agreed to in principle
  • Expanded Tapajos land package by 45% totaling 996km2, providing additional exploration potential
  • Preparing for construction decision in H2-22