G Mining Ventures Reports Third Quarter 2026 Results – Strong Free Cash Flow Driven by Solid Operational Performance; On Track to Achieve 2026 Production and Cost Guidance

(TSX:GMIN, OTCQX:GMINF) G Mining Ventures Corp. reported financial and operating results for the third quarter ended September 30, 2026. Tocantinzinho ("TZ") delivered gold production of 44,960 ounces in Q3 2026, a 22% increase over Q2 2026. Total cash costs were $960 per ounce sold, 8% lower than Q2, and AISC was $1,591 per ounce sold, 6% lower than Q2. Quarterly net income was $99.5 million or $0.36 per basic share, and adjusted net income was $88.8 million or $0.32 per basic share. Cash provided by operating activities before net change in working capital totaled $114.8 million, and free cash flow reached $80.0 million. Full-year production is tracking to the midpoint of the guided range of 160,000 to 190,000 ounces of gold for 2026. Full-year total cash costs per ounce and AISC per ounce guidance for 2026 remains unchanged at $836 to $965 and $1,330 to $1,544, respectively. Total capital expenditures guidance for 2026 (excluding capitalized exploration) remains unchanged at $583 to $649 million. Capitalized exploration is expected to be approximately $11 million above previous guidance for 2026 of $42 to $50 million. As of September 30, 2026, $556 million had been spent on the Oko Gold Project, representing 57% of the approved initial capital budget of approximately $973 million, with approximately $417 million remaining to be spent through completion. Total commitments reached approximately $714 million, or 73% of the approved capital budget. On August 28, 2026, the TSX accepted the Corporation’s notice of intention to launch a normal course issuer bid ("NCIB"). During Q3 2026, GMIN repurchased and cancelled 102,500 common shares for $3.6 million (C$5.1 million), at an average price of C$49.41 per share. As of September 30, 2026, cash and cash equivalents totaled $137.0 million and long-term debt was $31.2 million, resulting in a net cash position of $105.8 million. Mining rates averaged a record 74,209 tpd in Q3 2026, milling rates averaged 12,372 tpd, and grades processed averaged 1.33 g/t Au. Mill recoveries averaged 92.0% in Q3 2026. Sustaining capital expenditures at TZ in Q3 2026 were $14.8 million, Oko Gold development capital expenditures were $132.8 million, and capitalized exploration expenditures were $16.2 million. For the first nine months of 2026, TZ sustaining capital expenditures were $27.6 million, Oko Gold development capital expenditures were $352.7 million, and capitalized exploration were $30.0 million. For the three and nine months ended September 30, 2026, the Corporation sold 43,110 oz and 114,325 oz at an average realized gold price of $4,007/oz and $4,109/oz, respectively, contributing to revenues of $172.7 million and $469.8 million, respectively. Third quarter 2026 net income was $99.5 million ($0.36 per share) compared to $72.0 million ($0.30 per share) in Q2 2026. Adjusted net income was $88.8 million ($0.32 per share). Cash provided by operating activities was $45.95 million in Q3 2026. As of September 30, 2026, overall project progress at Oko Gold had reached 38.4% based on earned value. The on-site workforce at Oko Gold now exceeds 2,100 employees and contractors, with 3.3 million hours worked to date and over 78% local employment.

G Mining Ventures Extends High-Grade Mineralization at Gurupi and Confirms Continuity at Depth at TZ

(TSX:GMIN) G Mining Ventures Corp. provided an update on its exploration drilling activities at its wholly owned Gurupi Project in Maranhão state, Brazil, and the Tocantinzinho mine in Pará State, Brazil. At Gurupi, drilling continues to demonstrate extensions to known mineralization at the Blanket and Mandiocal deposits. Maiden drilling at the Grodiocal target at Gurupi has confirmed a new near-surface mineralized zone. The company is advancing exploration at both Gurupi and Tocantinzinho. The update covers activities at the Blanket, Mandiocal, and Grodiocal targets within the Gurupi Project. The company refers to the Gurupi Project as wholly owned. The Tocantinzinho mine is located in Pará State, Brazil. The announcement is focused on exploration drilling results and project updates. The company is listed on TSX under the ticker GMIN and on OTCQX under the ticker GMINF.

G Mining Ventures and G2 Goldfields Announce Closing of Arrangement

(TSX:GMIN, OTCQX:GMINF) G Mining Ventures Corp. has acquired all of the issued and outstanding common shares of G2 Goldfields Inc. (TSX:GTWO; OTCQX:GUYGF) under a plan of arrangement pursuant to the Canada Business Corporations Act. Each G2 Share was exchanged for 0.212 of a common share of GMIN and 0.50 of a common share of G3 Goldfields Inc. G2 has completed a spin-out transaction with G3 Goldfields Inc., and G3 has applied to list its common shares for trading on the Canadian Securities Exchange, subject to meeting listing requirements. It is expected that the G2 Shares will be delisted from the Toronto Stock Exchange and withdrawn from quotation on the OTCQX Best Market, and that G2 will cease to be a reporting issuer under applicable Canadian securities laws. The historical mineral estimates of the Oko-Ghanie Project are supported by a NI 43-101 technical report with an effective date of December 8, 2025. The company projects that upon completion of additional work, a press release will be issued to reflect the results for the combined mineral resources of the Oko-Ghanie Project and the Oko West Project, and a technical report will be issued within 45 days thereof in accordance with NI 43-101. Additional technical studies will continue with an intention to release a technical report in 2027.

G Mining and G2 Goldfields Provide Update on Arrangement with G Mining and Spin-Out of G3 Goldfields

(TSX:GMIN, OTCQX:GMINF, TSX:GTWO, OTCQX:GUYGF) G Mining Ventures Corp. and G2 Goldfields Inc. announced an update regarding the proposed plan of arrangement, under which GMIN will acquire all issued and outstanding G2 shares and G2 will spin out G3 Goldfields Inc. The parties are actively working through the remaining closing conditions, which are expected to be completed by the end of July 2026, with closing of the Arrangement to follow shortly thereafter. Holders of G2 shares will receive 0.212 of a common share of GMIN and 0.5 of a common share of G3 for each G2 share held as of the close of business on the business day immediately prior to the Effective Date. Total combined open pit and underground resources across all 5 discoveries to date include 1,910,300 oz. Au – Inferred contained within 17,970,000 tonnes @ 3.31 g/t Au and 1,620,600 oz. Au – Indicated contained within 15,571,000 tonnes @ 3.24 g/t Au, with the mineral resource prepared by Micon International Limited with an effective date of November 20, 2025. Following closing, G2 shares are expected to be de-listed from the Toronto Stock Exchange and will cease to be quoted on the OTCQX, and G2 will apply to cease to be a reporting issuer under applicable Canadian securities laws. G3 has applied to list the G3 shares for trading on the Canadian Securities Exchange following completion of the Arrangement, subject to meeting the listing requirements of the CSE. The company projects the completion of the Arrangement by the end of July 2026 and the creation of a tier-one gold mining hub in Guyana and one of the largest, lowest-cost gold operations in the Americas.

G Mining Ventures Reports Q2 2026 Preliminary Production Results

(TSX:GMIN, OTCQX:GMINF) G Mining Ventures Corp. reported preliminary production results for the quarter ended June 30, 2026, from its 100%-owned Tocantinzinho Gold Mine in Pará State, Brazil. TZ produced 36,845 ounces of gold in the second quarter of 2026, representing a 16% increase from Q1 2026. On a year-to-date basis, the Corporation has produced 68,691 ounces of gold and sold 71,215 ounces of gold. The average plant throughput for Q2 2026 was 11,121 tonnes per day, with an average grade processed of 1.23 g/t Au and gold recovery of 91.9%. The strip ratio for the quarter was 2.78x, and total tonnes mined reached 6,325 kt. The Corporation remains on track to achieve full-year production guidance of 160,000 to 190,000 ounces of gold, with approximately 62% of annual output forecast for H2 2026 as higher-grade Phase 2 mineralization is accessed. The planned commissioning of additional haul trucks and a front-end loader in Q3 2026 is expected to further support increased mining rates.

G Mining Ventures Publishes 2025 Sustainability Report

(TSX:GMIN) G Mining Ventures Corp. announced the publication of its 2025 Sustainability Report, outlining the Corporation's environmental, social and governance (“ESG”) performance for the year ended December 31, 2025. The Report states that TZ completed its first full year of commercial production, Oko West moved from permitting into construction, and Gurupi progressed the environmental and social work required to support its future development. GMIN delivered on 11 out of 13 commitments of its 2025 sustainability targets and achieved zero work-related fatalities across approximately 3.7 million hours worked. The company reports a Total Recordable Injury Frequency Rate of 0.23 at the Tocantinzinho Mine, 0.40 at the Oko West Project, and zero at the Gurupi Project. Economic contributions included ~$127.7 million in local procurement across Brazil and Guyana, with ~$67.5 million within the State of Pará and ~$59.1 million across Guyana, and more than $754,000 invested in community and social development initiatives. The company projects continued advancement of environmental and social management practices, aims to maintain or improve ESG performance over the life of its assets and operations, and targets Oko West to deliver first gold pour in H2-2027 and be brought into commercial production in 2028.

G Mining Ventures Reports First Quarter 2026 Results

G Mining Ventures Corp. (TSX:GMIN, OTCQX:GMINF) reported its financial and operating results for the first quarter of 2026, highlighting record operating margins and strong financial performance. Payable gold production at the Tocantinzinho Mine was 31,846 ounces, with total cash costs per ounce of $1,034 and all-in sustaining costs of $1,588. The company generated net income of $80.4 million and cash provided by operating activities of $69.7 million. At March 31, 2026, cash and cash equivalents totaled $287.2 million, with total available liquidity of $637.2 million. The company reiterated its full-year gold production guidance of 160,000 to 190,000 ounces for 2026.

G Mining Ventures Provides Q1 2026 Project Status Update on Oko West; Construction Advancing on Schedule and on Budget

G Mining Ventures Corp. (TSX:GMIN, OTCQX:GMINF) provided a Q1-2026 status update on its 100%-owned Oko West Gold Project, which is advancing on schedule and on budget. As of March 31, 2026, approximately US$292 million has been spent (~30% of initial capital), with US$525 million committed (~54% of initial capital), and overall project progress has reached 19.7% based on earned value. The first gold pour is targeted for the second half of 2027, with commercial production expected in January 2028. The on-site workforce has increased to 1,379 personnel, 82% of whom are Guyanese, and more than 1.6 million hours have been worked to date.