G Mining Ventures' Oko West Gold Project Shows Strong Economic Potential in Feasibility Study

G Mining Ventures Corp. has unveiled a comprehensive feasibility study for its Oko West Gold Project in Guyana, revealing robust economic prospects for a large-scale mining operation. The study projects total gold production of 4.3 million ounces over a 12.3-year period, with an impressive average annual production of 350,000 ounces. This substantial production profile establishes the project as a significant contributor to global gold supply and represents a major development in Guyana's mining sector.

The project demonstrates compelling financial metrics, including an all-in sustaining cost of $1,123 per ounce. Based on a gold price of $2,500 per ounce, the project carries an after-tax net present value of $2.2 billion and a 27% after-tax internal rate of return, indicating significant potential for investor returns. These strong economic indicators highlight the project's viability and attractiveness in the current gold market environment, particularly given the favorable cost structure relative to projected gold prices.

Strategic planning is well underway, with final environmental permits anticipated in the second quarter of 2025. The company aims to make a construction decision in the second half of 2025, positioning the Oko West Project for near-term development. This timeline suggests that production could commence within the next few years, contributing to global gold supply and regional economic development in Guyana.

Located in Region 7 of Guyana, the project represents a significant investment in a mining-friendly jurisdiction. The comprehensive feasibility study underscores G Mining Ventures' commitment to developing sustainable and economically viable precious metal projects. The project's development aligns with growing global demand for gold as both an investment asset and industrial commodity, while also supporting economic diversification and job creation in the host country.

The Oko West Gold Project's scale and economic characteristics position it as a potential tier-one gold asset, capable of generating substantial returns for investors while contributing to local economic development. The project's progression through the feasibility stage represents a critical milestone in the development pipeline, bringing it closer to construction and eventual production. As global gold demand continues to evolve, projects like Oko West play a crucial role in maintaining adequate supply to meet market needs while providing investment opportunities in the precious metals sector.