G Mining Ventures Announces Robust Feasibility Study for Oko West Gold Project in Guyana

G Mining Ventures Corp. has released a comprehensive feasibility study for its Oko West Gold Project in Guyana, demonstrating strong economic viability for a large-scale mining operation. The study projects total gold production of 4.3 million ounces over a 12.3-year mine life, with average annual production reaching 350,000 ounces. This substantial production profile establishes the project as a significant contributor to Guyana's mining industry and global gold supply.

The financial metrics presented in the feasibility study are particularly compelling, with an all-in sustaining cost of $1,123 per ounce. Using a conservative gold price assumption of $2,500 per ounce, the project delivers an after-tax net present value of $2.2 billion and an impressive 27% after-tax internal rate of return. These robust financial indicators suggest substantial potential returns for investors and stakeholders in the project.

Strategic development planning is progressing rapidly, with final environmental permits expected in the second quarter of 2025. The company has targeted the second half of 2025 for making a final construction decision, positioning the Oko West Project for near-term development. This timeline reflects the advanced stage of project planning and the company's commitment to moving forward with development.

Located in Region 7 of Guyana, the project represents a major investment in what is considered a mining-friendly jurisdiction. The comprehensive feasibility study available at https://gminingventures.com underscores G Mining Ventures' dedication to developing sustainable and economically viable precious metal projects. The successful advancement of this project could significantly impact local economic development while contributing to global gold production.