# G Mining discovers new gold deposit in Brazil Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/g-mining-discovers-new-gold-deposit-in-brazil--350373a4-9d13-49be-b20d-b27f3b0a8d4c Original source: https://www.northernminer.com/news/g-mining-discovers-new-gold-deposit-in-brazil/1003894886/ Publisher: northernminer Original announcement: 2026-09-16T14:43:55.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-16T16:49:46.406Z Atlas analysis updated: 2026-09-16T16:49:46.406Z - Company: G Mining Ventures - Ticker: GMIN - Exchange: Unavailable - Region: Brazil - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Resource update - Extracted: 2026-09-16 16:49:47 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary G Mining Ventures has announced a new near-surface gold discovery at the Grodiocal target within its Gurupi project in Brazil. The release also details successful extension drilling at the Blanket and Mandiocal deposits, alongside high-grade depth drilling at the Tocantinzinho mine. Reasoning: Significant new discovery at Grodiocal and strong extension/depth drilling results across multiple deposits within the Gurupi project. - Positive factor: New near-surface gold discovery at Grodiocal target - Positive factor: Mineralization extensions at Blanket and Mandiocal deposits - Positive factor: Strong drill results at Tocantinzinho mine - Positive factor: Expansion of Gurupi footprint Facts used in scoring: 12 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drilling at Blanket and Mandiocal has extended mineralization beyond previous resource limits. Evidence · text > At Blanket, new drilling has expanded mineralization about 250 metres beyond the 2025 resource estimate. **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. Why it applies: The Grodiocal target is described as a new discovery where no historical drilling had been completed. Evidence · text > Grodiocal sits along the prospective Chega Tudo trend, where no historical drilling had previously been completed. ## Extracted facts Stored fact records: 12. Some facts used in scoring do not have a stored record. ## Drill Results (10) ### GUR-26-068 [Link to this fact](https://atlas-staging.minestarters.com/news/g-mining-discovers-new-gold-deposit-in-brazil--350373a4-9d13-49be-b20d-b27f3b0a8d4c#fact-drill-facts-0) Gurupi · gold #### Identity - Hole ID: GUR-26-068 - Project: Gurupi - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: GMIN #### Geometry - Grade: 1.97 - Grade Unit: g/t - Intercept: 23 m - From: 51 m - To: 74 m - Intercept Depth: 51 m #### Classification - Program: exploration - Sample Type: drill - Group ID: GUR-26-068:51-74 #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: New discovery intercept at Grodiocal target. - Positive factor: Near-surface discovery Evidence · text > Hole GUR-26-068 at the Grodiocal target cut 23 metres grading 1.97 grams gold per tonne from 51 metres depth #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GUR-26-068 [Link to this fact](https://atlas-staging.minestarters.com/news/g-mining-discovers-new-gold-deposit-in-brazil--350373a4-9d13-49be-b20d-b27f3b0a8d4c#fact-drill-facts-1) Gurupi · gold #### Identity - Hole ID: GUR-26-068 - Project: Gurupi - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: GMIN #### Geometry - Grade: 4.24 - Grade Unit: g/t - Intercept: 9 m - From: 55 m - To: 64 m - Intercept Depth: 51 m #### Classification - Program: exploration - Sample Type: drill - Group ID: GUR-26-068:55-64 #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: Strong high-grade intercept within GUR-26-068. - Positive factor: High-grade sub-interval Evidence · text > including 9 metres of 4.24 grams gold from 55 metres #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GUR-26-066 [Link to this fact](https://atlas-staging.minestarters.com/news/g-mining-discovers-new-gold-deposit-in-brazil--350373a4-9d13-49be-b20d-b27f3b0a8d4c#fact-drill-facts-2) Gurupi · gold #### Identity - Hole ID: GUR-26-066 - Project: Gurupi - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: GMIN #### Geometry - Grade: 3.42 - Grade Unit: g/t - Intercept: 10 m - From: 23 m - To: 33 m - Intercept Depth: 23 m #### Classification - Program: exploration - Sample Type: drill - Group ID: GUR-26-066:23-33 #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: Solid grade intercept at Grodiocal. - Positive factor: Strong grade Evidence · text > GUR-26-066, cut 10 metres of 3.42 grams gold from 23 metres downhole #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GUD-26-026 [Link to this fact](https://atlas-staging.minestarters.com/news/g-mining-discovers-new-gold-deposit-in-brazil--350373a4-9d13-49be-b20d-b27f3b0a8d4c#fact-drill-facts-3) Gurupi · gold #### Identity - Hole ID: GUD-26-026 - Project: Gurupi - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: GMIN #### Geometry - Grade: 1.78 - Grade Unit: g/t - Intercept: 79.6 m - From: 146 m - To: 225.6 m - Intercept Depth: 146 m #### Classification - Program: exploration - Sample Type: drill - Group ID: GUD-26-026:146-225.6 #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: Wide intercept at Blanket deposit. - Positive factor: Significant width Evidence · text > hole GUD-26-026, which cut 79.6 metres grading 1.78 grams gold from 146 metres depth #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GUD-26-021 [Link to this fact](https://atlas-staging.minestarters.com/news/g-mining-discovers-new-gold-deposit-in-brazil--350373a4-9d13-49be-b20d-b27f3b0a8d4c#fact-drill-facts-4) Gurupi · gold #### Identity - Hole ID: GUD-26-021 - Project: Gurupi - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: GMIN #### Geometry - Grade: 1.28 - Grade Unit: g/t - Intercept: 63.5 m - From: 170 m - To: 233.5 m - Intercept Depth: 170 m #### Classification - Program: exploration - Sample Type: drill - Group ID: GUD-26-021:170-233.5 #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: Wide intercept at Blanket deposit. - Positive factor: Significant width Evidence · text > hole GUD-26-021, which intersected 63.5 metres of 1.28 grams gold from 170 metres downhole #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GUD-26-028 [Link to this fact](https://atlas-staging.minestarters.com/news/g-mining-discovers-new-gold-deposit-in-brazil--350373a4-9d13-49be-b20d-b27f3b0a8d4c#fact-drill-facts-5) Gurupi · gold #### Identity - Hole ID: GUD-26-028 - Project: Gurupi - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: GMIN #### Geometry - Grade: 1.32 - Grade Unit: g/t - Intercept: 48.4 m - From: 277 m - To: 325.4 m - Intercept Depth: 277 m #### Classification - Program: exploration - Sample Type: drill - Group ID: GUD-26-028:277-325.4 #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: Extension drilling at Mandiocal. - Positive factor: Significant width Evidence · text > Hole GUD-26-028 cut 48.4 metres at 1.32 grams gold from 277 metres downhole #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GUD-26-028 [Link to this fact](https://atlas-staging.minestarters.com/news/g-mining-discovers-new-gold-deposit-in-brazil--350373a4-9d13-49be-b20d-b27f3b0a8d4c#fact-drill-facts-6) Gurupi · gold #### Identity - Hole ID: GUD-26-028 - Project: Gurupi - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: GMIN #### Geometry - Grade: 3.55 - Grade Unit: g/t - Intercept: 5 m - From: 309 m - To: 314 m - Intercept Depth: 277 m #### Classification - Program: exploration - Sample Type: drill - Group ID: GUD-26-028:309-314 #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: High-grade sub-interval within GUD-26-028. - Positive factor: High-grade sub-interval Evidence · text > including 5 metres of 3.55 grams gold from 309 metres depth #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### BRZ-26-134 [Link to this fact](https://atlas-staging.minestarters.com/news/g-mining-discovers-new-gold-deposit-in-brazil--350373a4-9d13-49be-b20d-b27f3b0a8d4c#fact-drill-facts-7) Tocantinzinho · gold #### Identity - Hole ID: BRZ-26-134 - Project: Tocantinzinho - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: GMIN #### Geometry - Grade: 6.42 - Grade Unit: g/t - Intercept: 7.8 m - From: 382 m - To: 389.8 m - Intercept Depth: 382 m #### Classification - Program: exploration - Sample Type: drill - Group ID: BRZ-26-134:382-389.8 #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: High-grade intercept at depth in Tocantinzinho. - Positive factor: High grade Evidence · text > Hole BRZ-26-134 at Tocantinzinho cut 7.8 metres grading 6.42 grams gold from 382 metres downhole #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### BRZ-26-134 [Link to this fact](https://atlas-staging.minestarters.com/news/g-mining-discovers-new-gold-deposit-in-brazil--350373a4-9d13-49be-b20d-b27f3b0a8d4c#fact-drill-facts-8) Tocantinzinho · gold #### Identity - Hole ID: BRZ-26-134 - Project: Tocantinzinho - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: GMIN #### Geometry - Grade: 1.31 - Grade Unit: g/t - Intercept: 51 m - From: 382 m - To: 433 m - Intercept Depth: 382 m #### Classification - Program: exploration - Sample Type: drill - Group ID: BRZ-26-134:382-433 #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: Broader mineralized interval at Tocantinzinho. - Positive factor: Broad interval Evidence · text > within a broader 51-metre interval grading 1.31 grams gold #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### BRZ-25-121 [Link to this fact](https://atlas-staging.minestarters.com/news/g-mining-discovers-new-gold-deposit-in-brazil--350373a4-9d13-49be-b20d-b27f3b0a8d4c#fact-drill-facts-9) Tocantinzinho · gold #### Identity - Hole ID: BRZ-25-121 - Project: Tocantinzinho - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: GMIN #### Geometry - Grade: 4.62 - Grade Unit: g/t - Intercept: 10.5 m - From: 503 m - To: 513.5 m - Intercept Depth: 503 m #### Classification - Program: exploration - Sample Type: drill - Group ID: BRZ-25-121:503-513.5 #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: High-grade intercept at depth in Tocantinzinho. - Positive factor: High grade Evidence · text > Another hole, BRZ-25-121 returned 10.5 metres grading 4.62 grams gold from 503 metres depth #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/g-mining-discovers-new-gold-deposit-in-brazil--350373a4-9d13-49be-b20d-b27f3b0a8d4c#fact-resource-facts-10) Gurupi · gold #### Identity - Project: Gurupi - Commodity: gold - Region: brazil - Reported Region: Brazil - Ticker: GMIN #### Resource scope - Estimate type: resource - Resource group id: resource:5da80cb603f964392e2a #### Resource Data - Category: indicated - Tonnes: 43500000 - Grade: 1.31 - Grade Unit: g/t - Contained Metal: 1830000 - Contained Unit: oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: Existing indicated resource at Gurupi. - Positive factor: Large tonnage Evidence · text > Gurupi is estimated to hold 43.5 million indicated tonnes grading 1.31 grams gold for 1.83 million oz. of contained metal #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/g-mining-discovers-new-gold-deposit-in-brazil--350373a4-9d13-49be-b20d-b27f3b0a8d4c#fact-resource-facts-11) Gurupi · gold #### Identity - Project: Gurupi - Commodity: gold - Region: brazil - Reported Region: Brazil - Ticker: GMIN #### Resource scope - Estimate type: resource - Resource group id: resource:8a32af7e5275eab88cfb #### Resource Data - Category: inferred - Tonnes: 18500000 - Grade: 1.29 - Grade Unit: g/t - Contained Metal: 770000 - Contained Unit: oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-16T00:00:00.000Z Reasoning: Existing inferred resource at Gurupi. - Negative factor: Inferred category Evidence · text > plus 18.5 million inferred tonnes grading 1.29 grams gold for 770,000 oz. of contained metal, according to a 2025 resource #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.