Green Light for Gold: G Mining Ventures Secures Landmark Permit for Oko West Project!
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- September 03, 2025
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G Mining Ventures Corp. (TSX: GMIN) is celebrating a monumental achievement, having officially received the final Environmental Permit for its flagship Oko West Gold Project in Guyana. This pivotal approval from the Environmental Protection Agency (EPA) of Guyana marks a crucial turning point, signaling a clear path forward for the rapid development and construction of what is set to become a significant new gold mine.
The granting of this permit is far more than just a regulatory formality; it represents the culmination of extensive environmental impact assessments, rigorous planning, and G Mining's unwavering commitment to sustainable and responsible mining practices.
This milestone significantly de-risks the project, providing the necessary assurance to accelerate financing efforts and move swiftly towards construction commencement.
Louis-Pierre Gignac, President & CEO of G Mining Ventures, expressed immense satisfaction, stating, "Receiving the final Environmental Permit is a transformative moment for the Oko West Project and a testament to the diligent work of our team and our collaborative relationship with the Guyanese authorities.
This approval underscores our dedication to operating at the highest environmental standards while creating substantial value for all stakeholders."
The Oko West Gold Project itself is poised to be a major player in the global gold market. Backed by a robust Definitive Feasibility Study, the project boasts an estimated pre-production capital cost of US$346 million.
Its strategic location in Guyana, a region with a rich mining history and significant geological potential, further enhances its appeal. The project is designed with modern, efficient practices, aiming for high recovery rates and low operating costs.
With this critical permit secured, G Mining Ventures is now focusing on the final stages of pre-production.
Key priorities include finalizing the mining license, securing comprehensive project financing, and advancing detailed engineering. The company anticipates moving into full construction shortly thereafter, with an ambitious timeline to bring Oko West into production, contributing significantly to Guyana's economy and GMIN's shareholder value.
This achievement not only solidifies G Mining's position as an emerging gold producer but also reinforces Guyana's reputation as an attractive jurisdiction for responsible mining investment.
The Oko West Project is set to generate numerous employment opportunities, stimulate local economies, and establish new benchmarks for environmentally conscious resource development in the region.
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