G Mining Ventures Corp. Reports Significant Gold Production Increase in Q2 at Tocantinzinho
G Mining Ventures Corp. achieved a 20% increase in gold production in Q2 2025 at its Tocantinzinho Gold Mine, nearing nameplate throughput and improving recovery rates.
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) announced a notable increase in gold production for the second quarter of 2025, with 42,587 ounces produced at its Tocantinzinho Gold Mine in Pará, Brazil. This represents a 20% increase over the first quarter's output. The processing plant's performance was a key factor, averaging 12,890 tonnes per day over a 30-day period and reaching 86% of its nameplate capacity with a quarterly throughput average of 11,100 tpd. Recovery rates saw an improvement to 90.3%, up from 87.7% in the previous quarter, while mining rates increased by 18% to 47,900 tpd.
CEO Louis-Pierre Gignac attributed the quarter's success to the effective upgrade of the SAG mill liners and confirmed the company's trajectory towards meeting its 2025 production goals. The quarter also stood out for its safety record, with no lost time or recordable incidents reported. For more details on the press release, visit https://ibn.fm/cur2k.