G Mining Ventures Reports Year-End 2025 Mineral Reserves and Resources; Gold Reserves Increase 221% to 6.52 Moz

Original announcement by tmx on

Company
G Mining Ventures Corp.
Ticker
GMIN
Exchange
TSX
Region
Unavailable
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Resource update
Extracted
2026-08-23 14:53:17 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

G Mining Ventures reported a 221% year-over-year increase in gold reserves, reaching 6.52 Moz Proven and Probable at an average grade of 1.60 g/t Au as of December 31, 2025. This growth was primarily driven by the completion of the Oko West Feasibility Study, which added 4.64 Moz of P&P reserves, alongside global mineral resources totaling 9.17 Moz Measured and Indicated and 1.17 Moz Inferred. The company also highlighted the conversion of 2.40 Moz of Inferred Resources to Indicated at Oko West and provided updates on the advancement of its Tocantinzinho and Gurupi projects.

Reasoning: G Mining Ventures reported a 221% increase in gold reserves to 6.52 Moz, driven by the completion of the Oko West Feasibility Study which added 4.64 Moz of P&P reserves. The company also updated its global resources to 9.17 Moz M&I and 1.17 Moz Inferred, with significant conversion of Inferred to Indicated at Oko West, and provided positive development updates for its three gold projects.

Positive factors

  • Significant increase in gold reserves (221% year-over-year)
  • Large total P&P reserves (6.52 Moz) and M&I resources (9.17 Moz)
  • Oko West Feasibility Study completed, adding substantial reserves and outlining robust mine life
  • Oko West advancing towards first gold production in H2 2027
  • Conversion of 2.40 Moz Inferred Resources to Indicated category at Oko West
  • Tocantinzinho supporting ongoing operations and cash generation
  • Gurupi advancing through technical studies with significant exploration budget
  • NI 43-101 compliant estimates with QP sign-offs

Negative factors

  • Depletion at Tocantinzinho due to production
  • Gurupi MRE Qualified Person is not independent of the corporation
  • Multiple cut-off grades for different materials and projects, requiring careful comparison

Facts used in scoring: 25

Atlas analysis — G Mining Ventures Corp.: G Mining Ventures Reports Year-End 2025 Mineral Reserves and Resources; Gold Reserves Increase 221% to 6.52 Moz. measured 23986000 tonnes; indicated 23669000 tonnes; inferred 342000 tonnes

Classification and evidence

Tonnage Growthpositive

Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.

Why it applies: Proven and Probable Mineral Reserves increased by 221% year-over-year to 6.52 Moz.

Evidence · text

“Proven and Probable Mineral Reserves total 6.52 Moz of gold at an average grade of 1.60 g/t Au as of December 31, 2025, representing a 221% year-over-year increase.”

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The mineral reserves and resources are prepared in accordance with National Instrument 43-101.

Evidence · text

“prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“ NI 43-101 ”)”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Qualified Persons are named for the Gurupi, Tocantinzinho, and Oko West estimates.

Evidence · text

“The Qualified Person for the Gurupi MRE is Pascal Delisle, P.Geo. (OGQ #1378)... The Qualified Person for the Mineral Resources Estimate is Julie-Anaïs Debreil, Ph.D., P.Geo (OGQ #2106)... The qualified person for the Mineral Reserve estimate is Alexandre Burelle, P.Eng. (OIQ #5019855)”

Category Upgradepositive

Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Why it applies: 2.40 Moz of Inferred Resources were converted into the Indicated category at Oko West.

Evidence · text

“conversion of 2.40 Moz of Inferred Resources (YE 2024) into the Indicated category”

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: The Oko West Feasibility Study was completed, which typically supports a DFS-level estimate.

Evidence · text

“Following the completion of the 2025 Feasibility Study, Oko West reports 4.64 Moz of Proven and Probable Reserves”

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: An updated Preliminary Economic Assessment (PEA) is targeted for Gurupi in H2 2026.

Evidence · text

“an updated Mineral Resource Estimate (“ MRE ”) and a Preliminary Economic Assessment (“ PEA ”) targeted for H2 2026.”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document reports year-end 2025 consolidated mineral reserves and resources.

Evidence · text

“G Mining Ventures Reports Year-End 2025 Mineral Reserves and Resources”

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: Cut-off grades are disclosed for Gurupi, Tocantinzinho, and Oko West projects for both resources and reserves.

Evidence · text

“The cut-offs used to report Contact and Blanket Mineral Resources are 0.34 g/t Au in transition and 0.35 g/t Au in rock; for Chega Tudo are 0.36 g/t Au in transition and 0.37 g/t Au in rock.”

Non-Independent QPnegative · Story-specific tag

No canonical definition is currently available.

Why it applies: The Qualified Person for the Gurupi MRE is not considered independent of the corporation.

Evidence · text

“The Qualified Person for the Gurupi MRE is Pascal Delisle, P.Geo. (OGQ #1378) and is not considered “independent” of the corporation within the meaning of section 1.5 of NI 43-101.”

Extracted facts

Stored fact records: 25. Some facts used in scoring do not have a stored record.

Resource Estimates (25)

measuredTocantinzinho · goldTonnes: 23986000Grade: 1.2Grade Unit: g/tContained Metal: 927000Contained Unit: ozView all details
Link to this fact

Identity

Project
Tocantinzinho
Commodity
gold
Region
brazil
Reported Region
Pará State, Brazil
Ticker
GMIN

Resource Data

Category
measured
Tonnes
23986000
Grade
1.2
Grade Unit
g/t
Contained Metal
927000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: Measured Resources represent the highest confidence category, providing a robust foundation for the project. The estimate is NI 43-101 compliant with QP sign-off and disclosed cut-off grades.

Positive factors

  • Measured Resource
  • NI 43-101 compliant
  • QP/CP Signed
  • Cut-off Disclosed

Evidence · table

“1.20”

Context: 23,986

indicatedTocantinzinho · goldTonnes: 23669000Grade: 1.32Grade Unit: g/tContained Metal: 1001000Contained Unit: ozView all details
Link to this fact

Identity

Project
Tocantinzinho
Commodity
gold
Region
brazil
Reported Region
Pará State, Brazil
Ticker
GMIN

Resource Data

Category
indicated
Tonnes
23669000
Grade
1.32
Grade Unit
g/t
Contained Metal
1001000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: Indicated In-Pit Resources provide reasonable geological confidence for the project. The estimate is NI 43-101 compliant with QP sign-off and disclosed cut-off grades.

Positive factors

  • Indicated Resource
  • NI 43-101 compliant
  • QP/CP Signed
  • Cut-off Disclosed

Evidence · table

“1.32”

Context: 23,669

inferredTocantinzinho · goldTonnes: 342000Grade: 1.28Grade Unit: g/tContained Metal: 14000Contained Unit: ozView all details
Link to this fact

Identity

Project
Tocantinzinho
Commodity
gold
Region
brazil
Reported Region
Pará State, Brazil
Ticker
GMIN

Resource Data

Category
inferred
Tonnes
342000
Grade
1.28
Grade Unit
g/t
Contained Metal
14000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: Inferred In-Pit Resources are speculative and have lower geological confidence. While part of an overall positive update, this category carries higher risk.

Negative factors

  • Inferred Resource

Evidence · table

“1.28”

Context: 342

indicatedOko West · goldTonnes: 80259000Grade: 2.1Grade Unit: g/tContained Metal: 5407000Contained Unit: ozView all details
Link to this fact

Identity

Project
Oko West
Commodity
gold
Region
guyana
Reported Region
Guyana
Ticker
GMIN

Resource Data

Category
indicated
Tonnes
80259000
Grade
2.1
Grade Unit
g/t
Contained Metal
5407000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: Oko West shows a substantial Indicated Resource, benefiting from the conversion of Inferred to Indicated, which significantly de-risks the project. The estimate is NI 43-101 compliant with QP sign-off and disclosed cut-off grades.

Positive factors

  • Indicated Resource
  • NI 43-101 compliant
  • QP/CP Signed
  • Cut-off Disclosed
  • Category Upgrade

Evidence · table

“2.10”

Context: 80,259

inferredOko West · goldTonnes: 5127000Grade: 2.36Grade Unit: g/tContained Metal: 390000Contained Unit: ozView all details
Link to this fact

Identity

Project
Oko West
Commodity
gold
Region
guyana
Reported Region
Guyana
Ticker
GMIN

Resource Data

Category
inferred
Tonnes
5127000
Grade
2.36
Grade Unit
g/t
Contained Metal
390000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: While the Inferred Resource is part of a positive update, this category has lower geological confidence. However, the conversion of Inferred to Indicated is a positive sign for future upgrades.

Negative factors

  • Inferred Resource

Evidence · table

“2.36”

Context: 5,127

indicatedGurupi · goldTonnes: 43512000Grade: 1.31Grade Unit: g/tContained Metal: 1830000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gurupi
Commodity
gold
Region
brazil
Reported Region
Maranhão State, Brazil
Ticker
GMIN

Resource Data

Category
indicated
Tonnes
43512000
Grade
1.31
Grade Unit
g/t
Contained Metal
1830000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: Gurupi's Indicated In-Pit Resource is a significant component of the company's portfolio, but the QP for this MRE is not independent, which slightly lowers confidence. The estimate is NI 43-101 compliant with disclosed cut-off grades.

Positive factors

  • Indicated Resource
  • NI 43-101 compliant
  • Cut-off Disclosed

Negative factors

  • Non-Independent QP

Evidence · table

“1.31”

Context: 43,512

inferredGurupi · goldTonnes: 18518000Grade: 1.29Grade Unit: g/tContained Metal: 770000Contained Unit: ozView all details
Link to this fact

Identity

Project
Gurupi
Commodity
gold
Region
brazil
Reported Region
Maranhão State, Brazil
Ticker
GMIN

Resource Data

Category
inferred
Tonnes
18518000
Grade
1.29
Grade Unit
g/t
Contained Metal
770000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: Gurupi's Inferred In-Pit Resource is speculative and has lower geological confidence, further impacted by the non-independent QP for this MRE.

Negative factors

  • Inferred Resource
  • Non-Independent QP

Evidence · table

“1.29”

Context: 18,518

measuredTotal · goldTonnes: 23986000Grade: 1.2Grade Unit: g/tContained Metal: 927000Contained Unit: ozView all details
Link to this fact

Identity

Project
Total
Commodity
gold
Ticker
GMIN

Resource Data

Category
measured
Tonnes
23986000
Grade
1.2
Grade Unit
g/t
Contained Metal
927000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: The total Measured Resources across the portfolio provide a high-confidence base for the company's assets, contributing to the overall positive update.

Positive factors

  • Measured Resource
  • NI 43-101 compliant
  • QP/CP Signed
  • Cut-off Disclosed

Evidence · table

“1.20”

Context: 23,986

indicatedTotal · goldTonnes: 147440000Grade: 1.74Grade Unit: g/tContained Metal: 8238000Contained Unit: ozView all details
Link to this fact

Identity

Project
Total
Commodity
gold
Ticker
GMIN

Resource Data

Category
indicated
Tonnes
147440000
Grade
1.74
Grade Unit
g/t
Contained Metal
8238000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: The substantial total Indicated Resources, boosted by Inferred to Indicated conversion, significantly de-risk the company's portfolio and are a key positive outcome of this update.

Positive factors

  • Indicated Resource
  • NI 43-101 compliant
  • QP/CP Signed
  • Cut-off Disclosed
  • Category Upgrade

Evidence · table

“1.74”

Context: 147,440

inferredTotal · goldTonnes: 23987000Grade: 1.52Grade Unit: g/tContained Metal: 1174000Contained Unit: ozView all details
Link to this fact

Identity

Project
Total
Commodity
gold
Ticker
GMIN

Resource Data

Category
inferred
Tonnes
23987000
Grade
1.52
Grade Unit
g/t
Contained Metal
1174000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: While the total Inferred Resources are still significant, this category carries lower geological confidence. However, the overall trend of Inferred conversion to Indicated is positive.

Negative factors

  • Inferred Resource

Evidence · table

“1.52”

Context: 23,987

provenTocantinzinho · goldTonnes: 25545000Grade: 1.14Grade Unit: g/tContained Metal: 939000Contained Unit: ozView all details
Link to this fact

Identity

Project
Tocantinzinho
Commodity
gold
Region
brazil
Reported Region
Pará State, Brazil
Ticker
GMIN

Resource Data

Category
proven
Tonnes
25545000
Grade
1.14
Grade Unit
g/t
Contained Metal
939000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: Proven Reserves represent the highest confidence category with demonstrated economic viability, supporting ongoing operations. While there is depletion, the estimate is NI 43-101 compliant with QP sign-off and disclosed cut-off grades.

Positive factors

  • Proven Reserve
  • NI 43-101 compliant
  • QP/CP Signed
  • Cut-off Disclosed

Negative factors

  • Depletion at Tocantinzinho due to production

Evidence · table

“1.14”

Context: 25,545

probableTocantinzinho · goldTonnes: 24240000Grade: 1.2Grade Unit: g/tContained Metal: 935000Contained Unit: ozView all details
Link to this fact

Identity

Project
Tocantinzinho
Commodity
gold
Ticker
GMIN

Resource Data

Category
probable
Tonnes
24240000
Grade
1.2
Grade Unit
g/t
Contained Metal
935000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: Probable In-Pit Reserves contribute to the economic viability of the operating mine. The estimate is NI 43-101 compliant with QP sign-off and disclosed cut-off grades.

Positive factors

  • Probable Reserve
  • NI 43-101 compliant
  • QP/CP Signed
  • Cut-off Disclosed

Negative factors

  • Depletion at Tocantinzinho due to production

Evidence · table

“1.20”

Context: 24,240

probableOko West · goldTonnes: 76555000Grade: 1.89Grade Unit: g/tContained Metal: 4642000Contained Unit: ozView all details
Link to this fact

Identity

Project
Oko West
Commodity
gold
Region
guyana
Reported Region
Guyana
Ticker
GMIN

Resource Data

Category
probable
Tonnes
76555000
Grade
1.89
Grade Unit
g/t
Contained Metal
4642000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: The significant Probable Reserves at Oko West, resulting from the Feasibility Study, are a major positive driver for the company, demonstrating strong economic viability and supporting the project's development.

Positive factors

  • Probable Reserve
  • NI 43-101 compliant
  • QP/CP Signed
  • Cut-off Disclosed
  • Tonnage Growth
  • DFS-Supporting

Evidence · table

“1.89”

Context: 76,555

provenTotal · goldTonnes: 25545000Grade: 1.14Grade Unit: g/tContained Metal: 939000Contained Unit: ozView all details
Link to this fact

Identity

Project
Total
Commodity
gold
Ticker
GMIN

Resource Data

Category
proven
Tonnes
25545000
Grade
1.14
Grade Unit
g/t
Contained Metal
939000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: The total Proven Reserves contribute to the overall significant increase in the company's reserve base, providing a high-confidence foundation for future production.

Positive factors

  • Proven Reserve
  • NI 43-101 compliant
  • QP/CP Signed
  • Cut-off Disclosed
  • Tonnage Growth

Evidence · table

“1.14”

Context: 25,545

probableTotal · goldTonnes: 100795000Grade: 1.72Grade Unit: g/tContained Metal: 5577000Contained Unit: ozView all details
Link to this fact

Identity

Project
Total
Commodity
gold
Ticker
GMIN

Resource Data

Category
probable
Tonnes
100795000
Grade
1.72
Grade Unit
g/t
Contained Metal
5577000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: The substantial total Probable Reserves are a key driver of the 221% increase in overall reserves, significantly enhancing the company's production potential and economic outlook.

Positive factors

  • Probable Reserve
  • NI 43-101 compliant
  • QP/CP Signed
  • Cut-off Disclosed
  • Tonnage Growth

Evidence · table

“1.72”

Context: 100,795

provenTocantinzinho · goldTonnes: 7135000Grade: 0.73Grade Unit: g/tContained Metal: 167000Contained Unit: ozView all details
Link to this fact

Identity

Project
Tocantinzinho
Commodity
gold
Ticker
GMIN

Resource Data

Category
proven
Tonnes
7135000
Grade
0.73
Grade Unit
g/t
Contained Metal
167000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: Proven Reserves in stockpiles contribute to the overall reserve base, providing flexibility for operations. The estimate is NI 43-101 compliant with QP sign-off and disclosed cut-off grades.

Positive factors

  • Proven Reserve
  • NI 43-101 compliant
  • QP/CP Signed
  • Cut-off Disclosed

Negative factors

  • Depletion at Tocantinzinho due to production

Evidence · table

“0.73”

Context: 7,135

provenTocantinzinho · goldTonnes: 18410000Grade: 1.3Grade Unit: g/tContained Metal: 772000Contained Unit: ozView all details
Link to this fact

Identity

Project
Tocantinzinho
Commodity
gold
Ticker
GMIN

Resource Data

Category
proven
Tonnes
18410000
Grade
1.3
Grade Unit
g/t
Contained Metal
772000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: Proven In-Pit Reserves are a high-confidence component of the operating mine, supporting ongoing production. The estimate is NI 43-101 compliant with QP sign-off and disclosed cut-off grades.

Positive factors

  • Proven Reserve
  • NI 43-101 compliant
  • QP/CP Signed
  • Cut-off Disclosed

Negative factors

  • Depletion at Tocantinzinho due to production

Evidence · table

“1.30”

Context: 18,410

probableOko West · goldTonnes: 62374000Grade: 1.57Grade Unit: g/tContained Metal: 3156000Contained Unit: ozView all details
Link to this fact

Identity

Project
Oko West
Commodity
gold
Region
guyana
Reported Region
Guyana
Ticker
GMIN

Resource Data

Category
probable
Tonnes
62374000
Grade
1.57
Grade Unit
g/t
Contained Metal
3156000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: Significant Probable In-Pit Reserves at Oko West, derived from the Feasibility Study, are a major positive for the project's economic viability and future production.

Positive factors

  • Probable Reserve
  • NI 43-101 compliant
  • QP/CP Signed
  • Cut-off Disclosed
  • Tonnage Growth
  • DFS-Supporting

Evidence · table

“1.57”

Context: 62,374

probableOko West · goldTonnes: 14181000Grade: 3.26Grade Unit: g/tContained Metal: 1486000Contained Unit: ozView all details
Link to this fact

Identity

Project
Oko West
Commodity
gold
Region
guyana
Reported Region
Guyana
Ticker
GMIN

Resource Data

Category
probable
Tonnes
14181000
Grade
3.26
Grade Unit
g/t
Contained Metal
1486000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: Probable Underground Reserves at Oko West add a high-grade component to the project's economic viability, further enhancing its production profile.

Positive factors

  • Probable Reserve
  • NI 43-101 compliant
  • QP/CP Signed
  • Cut-off Disclosed
  • Tonnage Growth
  • DFS-Supporting

Evidence · table

“3.26”

Context: 14,181

measuredTocantinzinho · goldTonnes: 7135000Grade: 0.73Grade Unit: g/tContained Metal: 167000Contained Unit: ozView all details
Link to this fact

Identity

Project
Tocantinzinho
Commodity
gold
Region
brazil
Reported Region
Pará State, Brazil
Ticker
GMIN

Resource Data

Category
measured
Tonnes
7135000
Grade
0.73
Grade Unit
g/t
Contained Metal
167000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: Measured Resources in stockpiles provide a high-confidence component to the overall resource base. The estimate is NI 43-101 compliant with QP sign-off and disclosed cut-off grades.

Positive factors

  • Measured Resource
  • NI 43-101 compliant
  • QP/CP Signed
  • Cut-off Disclosed

Evidence · table

“0.73”

Context: 7,135

measuredTocantinzinho · goldTonnes: 16851000Grade: 1.4Grade Unit: g/tContained Metal: 760000Contained Unit: ozView all details
Link to this fact

Identity

Project
Tocantinzinho
Commodity
gold
Region
brazil
Reported Region
Pará State, Brazil
Ticker
GMIN

Resource Data

Category
measured
Tonnes
16851000
Grade
1.4
Grade Unit
g/t
Contained Metal
760000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: Measured In-Pit Resources are a high-confidence component of the resource base, providing a strong foundation for future planning. The estimate is NI 43-101 compliant with QP sign-off and disclosed cut-off grades.

Positive factors

  • Measured Resource
  • NI 43-101 compliant
  • QP/CP Signed
  • Cut-off Disclosed

Evidence · table

“1.40”

Context: 16,851

indicatedOko West · goldTonnes: 73035000Grade: 2Grade Unit: g/tContained Metal: 4689000Contained Unit: ozView all details
Link to this fact

Identity

Project
Oko West
Commodity
gold
Region
guyana
Reported Region
Guyana
Ticker
GMIN

Resource Data

Category
indicated
Tonnes
73035000
Grade
2
Grade Unit
g/t
Contained Metal
4689000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: Oko West shows a substantial Indicated In-Pit Resource, benefiting from the conversion of Inferred to Indicated, which significantly de-risks the project. The estimate is NI 43-101 compliant with QP sign-off and disclosed cut-off grades.

Positive factors

  • Indicated Resource
  • NI 43-101 compliant
  • QP/CP Signed
  • Cut-off Disclosed
  • Category Upgrade

Evidence · table

“2.00”

Context: 73,035

inferredOko West · goldTonnes: 1542000Grade: 1.06Grade Unit: g/tContained Metal: 52000Contained Unit: ozView all details
Link to this fact

Identity

Project
Oko West
Commodity
gold
Region
guyana
Reported Region
Guyana
Ticker
GMIN

Resource Data

Category
inferred
Tonnes
1542000
Grade
1.06
Grade Unit
g/t
Contained Metal
52000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: While the Inferred In-Pit Resource is part of a positive update, this category has lower geological confidence. However, the conversion of Inferred to Indicated is a positive sign for future upgrades.

Negative factors

  • Inferred Resource

Evidence · table

“1.06”

Context: 1,542

indicatedOko West · goldTonnes: 7223000Grade: 3.09Grade Unit: g/tContained Metal: 718000Contained Unit: ozView all details
Link to this fact

Identity

Project
Oko West
Commodity
gold
Region
guyana
Reported Region
Guyana
Ticker
GMIN

Resource Data

Category
indicated
Tonnes
7223000
Grade
3.09
Grade Unit
g/t
Contained Metal
718000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: Oko West shows a high-grade Indicated Underground Resource, benefiting from the conversion of Inferred to Indicated, which significantly de-risks the project. The estimate is NI 43-101 compliant with QP sign-off and disclosed cut-off grades.

Positive factors

  • Indicated Resource
  • NI 43-101 compliant
  • QP/CP Signed
  • Cut-off Disclosed
  • Category Upgrade

Evidence · table

“3.09”

Context: 7,223

inferredOko West · goldTonnes: 3585000Grade: 2.93Grade Unit: g/tContained Metal: 337000Contained Unit: ozView all details
Link to this fact

Identity

Project
Oko West
Commodity
gold
Region
guyana
Reported Region
Guyana
Ticker
GMIN

Resource Data

Category
inferred
Tonnes
3585000
Grade
2.93
Grade Unit
g/t
Contained Metal
337000
Contained Unit
oz

Review

Needs Review
No
Historical
No

Dates

Event date
2026-03-12T00:00:00.000Z

Reasoning: While the Inferred Underground Resource is part of a positive update, this category has lower geological confidence. However, the conversion of Inferred to Indicated is a positive sign for future upgrades.

Negative factors

  • Inferred Resource

Evidence · table

“2.93”

Context: 3,585

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.