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Positive construction decision approved by the Board of Directors on Tocantinzinho Gold Project

G Mining Ventures Announces Formal Construction Decision for Tocantinzinho Gold Project and Provides Project Development Update

G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSXV:GMIN) (OTCQX:GMINF) is pleased to announce that its Board of Directors has made a formal decision to proceed with the construction of the Tocantinzinho Gold Project ("TZ" or the "Project"). Additionally, GMIN is pleased to provide an update on developments on the Project, including the receipt of essential installation license extensions, recruitment, engineering, procurement, early works activities, and the appointment of additional key personnel

By AP News
Published - Sep 12, 2022, 06:48 AM ET
Last Updated - Jun 11, 2024, 03:52 AM EDT
  • Positive construction decision approved by the Board of Directors on Tocantinzinho Gold Project
  • Extension to key installation licenses received
  • Advancing procurement and commitments for long lead items, with $136 million committed to date (29% of total) in line with budget, with detailed engineering 30% complete
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