G Mining Ventures Reports Strong Q2 Free Cash Flow Driven by Solid Operational Performance

G Mining Ventures Corp. (TSX: GMIN, OTCQX: GMINF) has released its financial and operating results for the second quarter ended June 30, 2026. The company reported a strong quarter, highlighted by solid operational performance, disciplined cost control, and robust free cash flow. These results underscore the efficient operations at its Tocantinzinho Gold Mine.

During the second quarter, G Mining Ventures' Tocantinzinho (TZ) Gold Mine in Pará State, Brazil, produced 36,845 ounces of gold, marking a significant 16% increase over the first quarter of 2026. Mining activities also reached a quarterly record of 6.3 million tonnes (Mt), a 15% increase from Q1 2026. Louis-Pierre Gignac, President and Chief Executive Officer, commented that the strong results were driven by better-than-planned production and disciplined cost control, leading to robust margins and solid quarterly free cash flow. Total cash costs per ounce sold were reported at $1,046, while All-In Sustaining Costs (AISC) stood at $1,690 per ounce sold.

The company continues to advance its operational sequencing towards higher-grade Phase 2 mineralization, a strategic move expected to lead to a significant increase in grade and production during the second half of the year. Furthermore, the planned commissioning of additional haul trucks and a front-end loader in Q3 2026 is anticipated to further boost mining rates. G Mining Ventures also maintained a strong safety record, reporting zero Lost Time Injuries across its TZ, Oko, and Gurupi projects during the quarter.

In the global gold mining sector, operational efficiency and cost management are paramount. G Mining Ventures' performance this quarter demonstrates its enhanced competitiveness within the industry. The strong production from its Tocantinzinho mine in Brazil and the progress on its Oko project in Guyana and Gurupi project in Brazil position the company as a key mid-tier gold producer. Despite fluctuations in gold prices across markets, GMIN's robust operational fundamentals offer a stable outlook for investors.

The company reiterated its full-year production guidance of 160,000 to 190,000 ounces of gold for 2026. Approximately 62% of the annual production is expected to occur in the second half of the year, driven by access to higher-grade Phase 2 mineralization. Additionally, construction at the Oko project remains on schedule and within budget, with the first gold pour targeted for the second half of 2027. The acquisition of G2 Goldfields Inc. aims to consolidate the Oko district into a globally significant gold mining complex, further enhancing the company's future growth potential.