G Mining Ventures receives mining licence for Oko West

Executive Summary

• G Mining Ventures has received a 20-year mining license for its 100%-owned Oko West gold project in Region 7, Guyana, effective December 5, 2025.
• This approval represents the final major permitting milestone, completing all main regulatory requirements necessary for full construction and long-term commercial gold production.
• The project is now scheduled to begin pre-production open-pit mining in the first quarter of 2026, with initial mining equipment fleet assembly already underway.

Key Details

• License Details: Granted by the Guyana Geology and Mines Commission (GGMC); valid for 20 years; authorizes development, operation, and commercial gold production.
• Regulatory Context: The license follows the receipt of the final environmental permit on September 2, 2025, and the company's formal construction decision on October 23, 2025.
• Operational Status: Early works began under an interim environmental permit earlier in the year and continue under the final permit, allowing seamless transition into full construction.
• Future Timeline: Pre-production open-pit mining is expected to commence in Q1 2026.
• Current Activities: Assembly of the initial mining equipment fleet is currently underway.

Notable Quotes

• "Securing the mining licence reflects not only the technical robustness of Oko West but also the collaborative relationships we have established with Guyanese authorities, communities and partners... this milestone positions us to build Oko West into a world-class mining operation that delivers lasting economic and social benefits to Guyana." — Louis-Pierre Gignac, President and CEO