All amounts are in USD unless stated otherwise
BROSSARD, QC, Feb. 20, 2025 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSX: GMIN) (OTCQX: GMINF) is pleased to provide an update on year-end 2024 mineral reserves and mineral resources ("MRMR") and announce the updated mineral resource estimate ("MRE") for its 100% owned
advanced exploration-stage Gurupi Project ("Gurupi")
prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101")
Year-End 2024 Mineral Reserves and Mineral Resources Update
2024 Year-End ("YE") Consolidated MRMR Highlights:
Table 1: GMIN Consolidated MRMR Estimate YE 2024 (Resources inclusive of Mineral Reserves)1
1. A full list of underlying assumptions can be found in the Appendix A section below
The Gurupi Project (formerly known as the CentroGold Project) comprises 47 contiguous tenements covering ~2,100 km2 situated along +80 km of known mineralized trend
The Project is located approximately 380 km southeast of Belém
The mineral resource estimate ("MRE") is contained within three deposits: Blanket and Contact (Cipoeiro area) and Chega Tudo
The MRE is based on 715 diamond drill holes
totaling 126,193m performed between 1995 and 2019
This MRE includes 32 infill drillholes that were not included in the database for the previous Pre-Feasibility Study completed by past operator
Although Blanket and Contact deposits are spatially close
only a few drillholes tested the continuity of the grade in between the two
representing an opportunity for growth of the mineral resources in the future.
Exploration efforts will focus on data compilation and interpretation
conducting a high-resolution survey across 720 km²
and completing soil sampling to follow up on historic gold showing and newly defined targets
These activities aim to assess and evaluate the land package's value
A budget of $2 to 4 million has been allocated for the project in 2025
Table 2: Gurupi Project Mineral Resource Estimate1
has updated its Mineral Resources and Reserves following the integration of grade control data and infill diamond drillholes
The improved understanding of the deposit through these activities has led to a revision in resource estimates
successfully replacing reserves and reinforcing long-term operational planning
An additional 3,700 m of drilling validated the northwest extension of the TZ deposit in 2024
adding this 300 m extension in the presented Mineral Resources
a total of 73 koz were processed (1.7 Mt at 1.32 g/t Au) and 128 koz were stockpiled (4.8 Mt at 0.81 g/t Au) for a total of 201 koz (6.6 Mt at 0.95 g/t Au). Total remaining reserves at year end 2024 stand at 2.03 Moz (51.1 Mt at 1.24 g/t Au)
near-mine exploration of $2 million is planned to test the extension at depth and on the northwest limb of the deposit. A regional exploration budget of $9 million is planned for 2025 to test 23 targets within a 5 km radius with the primary goal to identify additional deposits
Table 3: TZ Mineral Reserves Estimate YE 20241
Table 4: TZ Mineral Resources Estimate YE 2024 (inclusive of Mineral Reserves)1
and formed the basis for the Preliminary Economic Assessment ("PEA") announced on September 9
2024 (titled "Preliminary Economic Assessment NI 43-101 Technical Report – Oko West Gold Project"
The exploration effort in 2024 since acquiring the project has been to convert inferred resources to indicated
The infill drilling since the PEA will support an updated resource estimate and inaugural mineral reserve estimate as part of the upcoming Feasibility Study on track for completion in Q2 2025
The long-term exploration strategy will continue to focus on exploration along strike to the south
at depth and in the northwest of the property.
Table 5: Oko West Mineral Resources Estimate YE 20241
1. A full list of underlying assumptions can be found in the Appendix A section
A total of 49,000 m from 170 holes of drilling have been completed in 2024
of which 15,097 m from 55 holes since the merger with Reunion Gold on July 16th
This extensive drilling successfully achieved three purposes: (i) conversion of UG resources in Block 4
(ii) close spaced drilling to support statistical tests and interpolation parameters to be used in the estimation of the OP resources within Block 4
(iii) testing the continuity of the mineralization near surface and at depth in block 5 & 6
The results demonstrate the predictability of the PEA resource model and will support a good conversion rate of inferred material into indicated material
Highlights of intercepts include the following listed below
The $8 million Oko West exploration program planned in 2025 will support the objective of expanding the mineral resource inventory to improve future mine plans and extend the mine's operational life
The program will focus on increasing resources within the pit footprint
exploring underground mineralization in Blocks 5 and 6
evaluating additional mineralized saprolite material
and identifying new deposits across the land package
Fourth Quarter and Full Year 2024 Results Conference Call and Webcast
GMIN will release its fourth quarter and full year 2024 results on Friday
GMIN's senior management will host a conference call on Friday
at 9:00 AM (E.S.T.) to discuss the Corporation's financial and operating results
Participants may join the conference call using the following call-in details:
A live webcast of the conference call will be available at https://edge.media-server.com/mmc/p/txa37kh5
A replay of this conference call – via phone and webcast – will be available until April 28, 2025. Replay details will be provided on the GMIN website after the call at: https://gmin.gold/investors/presentations-and-events/
the Corporation will focus on the following activities:
Technical Report Preparation and Qualified Persons
The scientific and technical information in this news release relating to the MRE on the Gurupi project has been reviewed and approved by Mr
and a "qualified person" within the meaning of NI 43-101 and not independent of the Corporation pursuant to Section 1.5 of NI 43-101
The Qualified Person ("QP") relating to the Oko West Gold project mineral resource estimate is Christian Beaulieu
For readers to fully understand the information in this news release
they should read the technical report in its entirety
The technical report is intended to be read as a whole
and sections should not be read or relied upon out of context
The scientific and technical information in this news release relating to mineral reserves and mineral resources has been reviewed and approved by Julie-Anaïs Debreil
Vice President Geology & Resources of GMIN
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) is a mining company engaged in the acquisition
exploration and development of precious metal projects to capitalize on the value uplift from successful mine development
GMIN is well-positioned to grow into the next mid-tier precious metals producer by leveraging strong access to capital and proven development expertise
GMIN is currently anchored by the Tocantinzinho Gold Mine in Brazil and Oko West Project in Guyana
both mining friendly and prospective jurisdictions
GMS a specialized mining consultancy firm based in Brossard
offering a wide range of services to both underground and open pit mining projects
GMS possesses the capabilities to develop a resource from the exploration phase
GMS self-performs project development with an objective of building fit-for-purpose and cost effectively
The Mineral Resources described above have been prepared in accordance with the standards of the Canadian Institute of Mining
Metallurgy and Petroleum ("CIM") (2014) and the best practices described by CIM (2019).
Rounding of values to the '000s may result in apparent discrepancies.
Mineral resources are inclusive of mineral reserves.
The classification has been classified as Measured
Indicated and Inferred Mineral Resources according to drill spacing. The density has been applied based on measurements taken on drill core and assigned in the block model by weathering type and lithology
Tonnage has been expressed in the metric system
and gold metal content has been expressed in troy ounces
The tonnages have been rounded to the nearest 1,000 tonnes
and the metal content has been rounded to the nearest 1,000 ounces
Totals may not add up due to rounding errors
These Mineral Resources assume no mining dilution and losses
Project specific MRMR disclosures are as follows:
The Qualified Person (QP) for the Gurupi MRE is Pascal Delisle
Delisle is a member of the Ordre des géologues du Québec (no
1378) and is not considered "independent" of the company within the meaning of section 1.5 of NI 43-101
The effective date of the Mineral Resource Estimate is February 3
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.
No Measured Mineral Resource has been estimated for Gurupi.
This MRE is based on subblock models with a main block size of 5 m x 5 m x 5 m
with subblocks of 1.25 m x 1.25 m x 1.25 m for Cipoeiro (Blanket and Contact deposits) and a main block size of 5 m x 5 m x 5 m
with subblocks of 2.5 m x 1.25 m x 2.5 m for Chega Tudo
and have been reported inside an optimized pit shell
Gold grades were interpolated with 1 m composites using Ordinary Kriging for all mineralized domains
Open pit optimization parameters and cut-off grades assumptions are as follows:
Total ore-based costs for Cipoeiro (Blanket and Contact deposits) of US$16.50/t for transition with a 85.0% processing recovery and US$17.00/t for rock based on 85.0% processing recovery
Total ore-based costs for Chega Tudo deposits of US$18.50/t for transition with a 88.9% processing recovery and US$19.00/t for rock based on 88.9% processing recovery
Cipoeiro overall open pit slope angles of 47° in transitional and 47° in rock
Chega Tudo deposits overall pit slope angles of 45° in transitional and 45° in rock
These Mineral Resources are not Mineral Reserves as they have not demonstrated economic viability
The quantity and grade of reported Inferred Mineral Resources in this news release are uncertain in nature and there has been insufficient exploration to define these resources as indicated or measured; however
it is reasonably expected that most of the Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration
The Qualified Person (QP) for this Mineral Resource Estimate (MRE) is Julie-Anaïs Debreil
Vice President Geology and Resources for G Mining Ventures
The effective date of the Tocantinzinho Mineral Resource Estimate is December 31
The ore modelling was completed using a numeric estimation in Leapfrog using a cut-off grade of 0.3 g/t Au with 40% probability and guided with structural trend
This MRE is based on a 5 m x 5 m x 10 m block model and is reported inside optimized pit shells
Gold grades in rock and saprolite were interpolated with 2 m composites using Ordinary Kriging
Open pit optimization parameters and cut-off grades assumptions for are as follows:
Gold price of US$1,950/oz for Mineral Resources and US$1,800/oz for Mineral Reserves
Total ore-based costs of US$14.30/t for artisanal miner tailings
US$16.89/t for saprolite and US$17.08/t for rock
Metallurgical recoveries are 85.4% for curima (tailings)
The cut-offs used to report open pit Mineral Resources is 0.29 g/t Au for curima (tailings)
and 0.33 g/t Au in rock. The cut-offs used to report open pit Mineral Reserves is 0.32 g/t Au for curima (tailings)
Overall slope angles of 36° in saprolite and 44 to 49° in rock depending on geotechnical domains
The qualified person (QP) for this Mineral Resource Estimate (MRE) is Christian Beaulieu
Consulting Geologist for G Mining Services Inc
The lower cut-offs used to report open pit Mineral Resources are 0.30 g/t Au in saprolite and alluvium/colluvium
Underground Mineral Resources are reported inside potentially mineable volume and include below cut-off material (stope optimization cut-off grade of 1.38 g/t Au)
No Measured Mineral Resource has been estimated
A minimum thickness of 3 m and minimum grade of 0.30 g/t Au was used to guide the interpretation of the mineralized zones
This MRE is based on a subblock model with a main block size of 5 m x 5 m x 5 m
and has been reported inside an optimized pit shell
transition and saprolite were interpolated with 1 m composites using Inverse Distance for domains AU_2A
and Ordinary Kriging for all other domains
Open pit optimization parameters and cut-off grade assumptions are as follows:
Total ore-based costs of US$14.51/t for saprolite and alluvium/colluvium
with a 96.0% processing recovery US$17.16/t for transition with a 95.0% processing recovery and US$19.80/t for rock based on 92.5% processing recovery
Inter-ramp angles of 30° in saprolite and alluvium/colluvium
Royalty rate of 8% for open pit and 3% for underground
Appendix B (drilling composite from Oko West)
Cautionary Statement on Forward-Looking Information
contained in this press release constitute "forward-looking information" and "forward-looking statements" within the meaning of certain securities laws and are based on expectations and projections as of the date of this press release
Forward-looking statements contained in this press release include
those related to (i) the publication of a Feasibility Study for Oko West in Q2 2025
featuring the inaugural reserve estimate and updated mineral resources; (ii) the TZ mill being expected to operate at nameplate capacity; (iii) the restart of exploration activities at Gurupi and the opportunity for growing mineral resources in the future; (iv) the evaluation of the Gurupi land package's value
notably with soil sampling and newly defined exploration targets; (v) the reinforcement of long-term operational planning at TZ; (vi) the predictability of the PEA resource model for Oko West
which is expected to support a good conversion rate of inferred material into indicated material; (vii) the release of a NI 43-101 compliant mineral resource estimate for Gurupi; and (viii) more generally
the sections entitled "2025 Catalysts" and "About G Mining Ventures Corp.".
Forward-looking statements are based on expectations
estimates and projections as of the time of this press release
Forward-looking statements are necessarily based upon a number of estimates and assumptions that
while considered reasonable by the Corporation as of the time of such statements
are inherently subject to significant business
economic and competitive uncertainties and contingencies
These estimates and assumptions may prove to be incorrect
those relating to the price of gold and currency exchange rates (notably the BRL/USD exchange rate)
as well as the underlying assumptions enumerated in Appendix A of this press release (namely the open pit optimization parameters
the ore modelling and the expectations that most of the Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration) and the items listed in the above section entitled "About G Mining Ventures Corp.".
Many of these uncertainties and contingencies can directly or indirectly affect
actual results to differ materially from those expressed or implied in any forward-looking statements
(i) GMIN's 2024 operational success at TZ will be repeated in 2025
or (ii) TZ will generate sufficient free cash flow to advance the Oko West Project
or (iii) near-mine and/or regional exploration will yield positive results
or (iv) the Oko West Feasibility Study will prove positive and the final permits will be obtained
or (v) an official construction decision for Oko West will be made in 2025
or (vi) the Oko West exploration program will lead to expanding its mineral resource inventory (and also to improving future mine plans and extending the (eventual) mine's operational life)
or (vii) gold mineral reserves will continue to replace ounces produced at TZ in the future
or (viii) regional exploration near TZ will identify additional deposits
or (ix) mineral resources will eventually demonstrate economic viability and be converted (in whole or in part) into mineral reserves
GMIN will achieve its stated objectives for TZ and Oko West or use TZ and Oko West to grow GMIN into the next mid-tier precious metals producer; as future events could differ materially from what is currently anticipated by the Corporation
there can be no assurance that Brazil and/or Guyana will remain mining friendly and prospective jurisdictions.
forward-looking statements involve inherent risks and uncertainties
projections and other forward-looking statements will not be achieved or that assumptions do not reflect future experience
Forward-looking statements are provided for the purpose of providing information about management's expectations and plans relating to the future
Readers are cautioned not to place undue reliance on these forward-looking statements as a number of important risk factors and future events could cause the actual outcomes to differ materially from the beliefs
assumptions and intentions expressed in such forward-looking statements
All of the forward-looking statements made in this press release are qualified by these cautionary statements and those made in the Corporation's other filings with the securities regulators of Canada including
the cautionary statements made in the relevant sections of the (i) Annual Information Form of G Mining TZ Corp
(then known as G Mining Ventures Corp.) dated March 27
(ii) Annual Information Form of G Mining Guyana Corp
(then known as Reunion Gold Corporation) dated April 25
and (iii) Management Discussion & Analysis
The Corporation cautions that the foregoing list of factors that may affect future results is not exhaustive
unforeseeable risks may arise from time to time
The Corporation disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements
except to the extent required by applicable law.
IRR of 27% and payback of 2.9 years at $2,500/oz base case gold price (long-term consensus) After-tax NPV5% of $3.2..
2025 /PRNewswire/ - G Mining Ventures Corp
("GMIN" or the "Corporation") (TSX: GMIN) (OTCQX: GMINF) announces that the..
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G Mining Ventures Corp (TSX: GMIN) (OTCQX: GMINF) has filed a technical report for its Gurupi Gold Project in Brazil
provides an updated mineral resource estimate for the 100% owned project
who serves as a qualified person under NI 43-101 standards
This voluntary filing aims to provide general updates about the Gurupi gold exploration project and is available on SEDAR+ and GMIN's website
GMIN is positioning itself to become a mid-tier precious metals producer
with operations anchored by the Tocantinzinho Mine in Brazil
supported by the Gurupi Project in Brazil and the Oko West Project in Guyana
G Mining Ventures Corp (TSX: GMIN) (OTCQX: GMINF) ha presentato un rapporto tecnico per il suo Gurupi Gold Project in Brasile
Il rapporto conforme agli standard NI 43-101
datato 3 febbraio 2025 e con data di emissione dell'8 aprile 2025
fornisce una stima aggiornata delle risorse minerarie per il progetto di proprietà al 100%
Il rapporto è stato redatto da Pascal Delisle
che funge da persona qualificata secondo gli standard NI 43-101
Questa presentazione volontaria mira a fornire aggiornamenti generali sul progetto di esplorazione dell'oro Gurupi ed è disponibile su SEDAR+ e sul sito web di GMIN
GMIN si sta posizionando per diventare un produttore di metalli preziosi di medio livello
con operazioni ancorate dalla Miniera Tocantinzinho in Brasile
supportate dal Progetto Gurupi in Brasile e dal Progetto Oko West in Guyana
G Mining Ventures Corp (TSX: GMIN) (OTCQX: GMINF) ha presentado un informe técnico para su Gurupi Gold Project en Brasil
fechado el 3 de febrero de 2025 y con fecha de emisión del 8 de abril de 2025
proporciona una estimación actualizada de los recursos minerales para el proyecto de propiedad al 100%
El informe fue preparado por Pascal Delisle
quien actúa como persona calificada bajo los estándares de NI 43-101
Esta presentación voluntaria tiene como objetivo proporcionar actualizaciones generales sobre el proyecto de exploración de oro Gurupi y está disponible en SEDAR+ y en el sitio web de GMIN
GMIN se está posicionando para convertirse en un productor de metales preciosos de nivel medio
con operaciones ancladas en la Mina Tocantinzinho en Brasil
respaldadas por el Proyecto Gurupi en Brasil y el Proyecto Oko West en Guyana
G Mining Ventures Corp (TSX: GMIN) (OTCQX: GMINF)는 브라질의 Gurupi Gold Project에 대한 기술 보고서를 제출했습니다
보고서는 G Mining Services Inc.의 P.Geo.인 Pascal Delisle에 의해 작성되었으며
이 자발적인 제출은 Gurupi 금 탐사 프로젝트에 대한 일반적인 업데이트를 제공하는 것을 목표로 하며
GMIN은 브라질의 Tocantinzinho 광산에 기반하여 중간 규모의 귀금속 생산업체로 자리매김하고 있으며
브라질의 Gurupi 프로젝트와 가이아나의 Oko West 프로젝트에 의해 지원받고 있습니다
G Mining Ventures Corp (TSX: GMIN) (OTCQX: GMINF) a déposé un rapport technique pour son Gurupi Gold Project au Brésil
daté du 3 février 2025 et avec une date d'émission au 8 avril 2025
fournit une estimation mise à jour des ressources minérales pour le projet détenu à 100 %
Le rapport a été préparé par Pascal Delisle
qui agit en tant que personne qualifiée selon les normes NI 43-101
Ce dépôt volontaire vise à fournir des mises à jour générales sur le projet d'exploration aurifère Gurupi et est disponible sur SEDAR+ et sur le site web de GMIN
GMIN se positionne pour devenir un producteur de métaux précieux de taille intermédiaire
avec des opérations ancrées par la mine Tocantinzinho au Brésil
soutenues par le projet Gurupi au Brésil et le projet Oko West en Guyane
G Mining Ventures Corp (TSX: GMIN) (OTCQX: GMINF) hat einen technischen Bericht für sein Gurupi Gold Project in Brasilien eingereicht
Februar 2025 und mit einem Ausgabedatum vom 8
liefert eine aktualisierte Schätzung der mineralischen Ressourcen für das zu 100 % im Besitz befindliche Projekt
der als qualifizierte Person gemäß den NI 43-101-Standards fungiert
Diese freiwillige Einreichung zielt darauf ab
allgemeine Updates zum Gurupi-Goldexplorationsprojekt bereitzustellen und ist auf SEDAR+ sowie der Website von GMIN verfügbar
um ein mittelgroßer Produzent von Edelmetallen zu werden
die durch die Tocantinzinho-Mine in Brasilien verankert sind
unterstützt durch das Gurupi-Projekt in Brasilien und das Oko West-Projekt in Guyana
("GMIN" or the "Corporation") (TSX: GMIN) (OTCQX: GMINF) announces that the Corporation has filed a technical report (the "Technical Report") prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") in respect of the updated mineral resource estimate for GMIN's 100% owned Gurupi Gold Project in Brazil
This Technical Report is being filed on a voluntary basis as a general update to provide information relating to the Gurupi gold exploration project and is not filed as the result of a requirement under NI 43-101
The Report is available on SEDAR+ (www.sedarplus.ca) and on GMIN's website (www.gmin.gold)
(TSX: GMIN) (OTCQX: GMINF) is a mining company engaged in the acquisition
GMIN is currently anchored by the Tocantinzinho Mine in Brazil
supported by the Gurupi Project in Brazil and the Oko West Project in Guyana — all with significant exploration upside and located in mining-friendly jurisdictions
Cautionary Statement on Forward-Looking InformationAll statements
contained in this press release constitute "forward-looking information" and "forward-looking statements" within the meaning of certain securities laws and are based on expectations and projections as of the date of this press release
those related to the section entitled "About G Mining Ventures Corp."
those relating to the price of gold and currency exchange rates
those outlined in the Technical Report and those underlying the items listed in the above section entitled "About G Mining Ventures Corp."
(i) GMIN will achieve its stated objectives for Gurupi
or (ii) use TZ and Oko West to grow GMIN into the next intermediate producer
as future events could differ materially from what is currently anticipated by the Corporation
there can be no assurance that Brazil and/or Guyana will remain mining friendly and prospective jurisdictions
Forward-looking statements are provided for the purpose of providing information about management's expectations and plans relating to the future
All of the forward-looking statements made in this press release are qualified by these cautionary statements and those made in the Corporation's other filings with the securities regulators of Canada including
the cautionary statements made in the relevant sections of the Corporation's (i) Annual Information Form dated March 27
and (ii) Management Discussion & Analysis
except to the extent required by applicable law
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G Mining Ventures ( (TSE:GMIN) ) has provided an update
has filed a NI 43-101 Technical Report for its Gurupi Gold Project in Brazil
updating the mineral resource estimate for the 100% owned project
This voluntary filing aims to provide stakeholders with updated information on the project’s exploration status
potentially enhancing the company’s operational transparency and market positioning
According to Spark, TipRanks’ AI Analyst
G Mining Ventures is in a developmental phase
with substantial investment in growth and no revenue generation yet
Operational challenges and high valuation present risks
but positive technical momentum and strategic initiatives to enhance production and efficiency offer potential for future growth
particularly the high debt levels and ongoing cash burn
To see Spark’s full report on TSE:GMIN stock, click here
is a mining company focused on the acquisition
and development of precious metal projects
The company aims to become a mid-tier precious metals producer by leveraging its access to capital and development expertise
It is currently anchored by the Tocantinzinho Mine in Brazil
with additional support from the Gurupi Project in Brazil and the Oko West Project in Guyana
Learn more about GMIN stock on TipRanks’ Stock Analysis page
Disclaimer & DisclosureReport an Issue
G Mining Ventures ( (TSE:GMIN) ) has provided an update
According to Spark, TipRanks’ AI Analyst
Disclaimer & DisclosureReport an Issue
miles of barbed wire enclose an island of pristine rainforest
leading deep into one of the last slices of protected forest in this part of the Brazilian Amazon — and signaling that it
The Gurupi Biological Reserve stretches 341,650 hectares (844,235 acres) across the southwestern corner of Brazil’s Maranhão state
this region of dizzying biodiversity offers habitat to countless species like the red brocket deer (Mazama americana)
the golden parakeet (Gauruba guarouba) and the Kaapori capuchin (Cebus kaapori)
one of the world’s most critically endangered primates
The reserve is also part of a crucial ecological corridor made up of seven protected areas
some of them home to Indigenous people living in voluntary isolation from the outside world
The Gurupi reserve is meant to shield especially vulnerable regions that lie beyond it from invasions and illicit exploitation
“What’s left of the Amazon forest in Maranhão is within this region,” said Caroline Yoshida
a technical adviser at the Institute of Society
a nonprofit working with Indigenous groups in an area comprised by an assemblage of protected areas called the Gurupi Mosaic
“The rest has been turned into farms already.”
the Gurupi reserve has been under pressure
cattle ranchers have turned forest into pasture and illegal loggers have laid waste to valuable tree varieties
razing swaths of land to make way for marijuana plantations
Researchers estimate the reserve has already lost about a third of its forest cover
while 70-80% has suffered selective cutting by loggers
“The process of occupation is ongoing; it’s still alive,” Yoshida said
slices of the Gurupi reserve have become prone to wildfires
some of which have spread into neighboring lands under protection
usually set by farmers using slash-and-burn methods to renew unproductive pastures or plantations
can easily burn out of control during the dry season
spreading far beyond the area that was initially set ablaze
In Maranhão, as in the rest of Brazil, the annual fire season is off to a dramatic start this year, fueling worries for what may lie ahead. The state has registered 3,484 hotspots in the first half of this year, according to data from Brazil’s National Institute for Space Research
While this is just slightly more than the number recorded over the same period last year
it represents a 20% jump on the number of fires recorded in 2022
With the Gurupi reserve parched by months of punishing drought and uneven rains
the fires could be especially bad this year
an environmental analyst at the Chico Mendes Institute for Conservation and Biodiversity (ICMBio)
the federal agency in charge of managing the area
“The rain came later — and there was much less of it this year,” said Mendonça
we are very worried about what might happen in the coming months.”
The first attempts to shield this slice of the Amazon from destruction can be traced to 1961
when Brazil’s government placed 1.6 million hectares (3.95 million acres) of the region under federal protection
The aim was to safeguard this remote swath of rainforest and the Indigenous people who relied on it for their survival
But keeping invaders at bay soon proved a challenge
as the region was gripped by frenzied development
the military dictatorship that came to power in the 1960s pushed to populate the Amazon
dubbing it “land without men for men without land.” Over the next two decades
it built a series of roads slicing through the rainforest
Migrants from other states arrived in droves
lured by promises of plentiful work and land they could raze
spanning 891 kilometers (554 miles) from Maranhao’s capital to the neighboring state of Pará
further intensified the wave of migration and created a new frontier of deforestation in the region
timber illegally extracted from areas under protection became the economic engine of nearby towns like Buriticupu
it was like the Wild West,” said Lieutenant Daniel Holanda dos Santos
who is part of the environmental battalion of Maranhão’s military police and participated in operations in the Gurupi Mosaic in the early 2000s
trying to take trucks full of timber out of the rainforest.”
some 47.1% of the area under federal protection was already populated by loggers
the government demarcated six Indigenous reserves in the 1980s
The remaining rainforest was also placed under federal protection with the creation of the Gurupi Biological Reserve
save for scientific research and conservation work
authorities succeeded in expelling some large landowners from the northern portion of the Gurupi
many of whom had been wrongly given plots of land by state agrarian reform agencies even after the reserve was created
there are still some 6,300 people living within the limits of the Gurupi
it’s supposed to be just forest and biodiversity,” Mendonça said
“But the reality is that there is occupation.”
Ananias Pereira da Silva founded the Vila Aeroporto settlement in the mid-1990s
at a time when there was just “bush and loggers” in the Gurupi reserve
“There was nothing there,” the 81-year-old pastor told Mongabay in an interview
we planted rice so we could feed ourselves.”
was settled there by the Maranhão Institute of Colonization and Lands
a state organ responsible for redistributing public lands to poor families for subsistence farming
constructing their village deep in the Gurupi reserve
“That area belonged to no one,” said Silva
whose family lives on 100 hectares (247 acres) within the Gurupi reserve
federal agencies have demanded that villages like Silva’s be relocated to areas outside the reserve
But state authorities have rebuffed such requests
arguing that Maranhão does not have enough public lands to resettle these communities
the communities within the reserve remain in limbo
president of the residents’ association in Vila Aeroporto
“Most of the people who live here in this area were born and raised here,” said Santos
who arrived in Gurupi reserve as a newborn in 1992
a 61-year-old rancher who raises 200 head of cattle on a 145-hectare (360-acre) plot of land inside the reserve
say they would give up their plots of land only if they are fairly compensated by authorities
“This reserve was illegally created on top of the people already here,” said Alves
who bought his plot of land from another settler in 2000
The legality of the reserve came under scrutiny in 2013
when a lawmaker proposed a bill that would have scrapped the reserve
arguing that federal authorities failed to follow due process and compensate large landholders at the time of the reserve’s creation
the proposed legislation failed to draw enough votes in Congress and was eventually shelved
some of the settlers are demanding a revision to the boundaries of the Gurupi reserve that would leave their communities outside the region under protection
But Mendonça said the idea of redrawing the limits of the reserve has “been discarded” since it would set a risky precedent
“It’s a huge risk to the reserve and to the biodiversity of the Amazon in Maranhão,” she said
As Brazilian agribusiness has gained more sway in the country’s legislative houses
attempts to reduce the size of conservation areas
Environmental advocates told Mongabay a review of the Gurupi reserve’s limits could open the door to a dramatic reduction of the area under protection
with lawmakers friendly to agricultural interests likely to push for previously degraded lands
ICMBio is committed to working with state authorities to relocate families that were wrongfully settled “within due legal process and respecting people’s constitutional rights,” Mendonça said
“We understand many of these people are vulnerable
they are fearful about the future,” she said
“But we have to work towards removing them
Because that’s what the law requires us to do.”
say they won’t give up their land at any cost
“They want to turn us into refugees,” said Silva
“But we’re not leaving; there’s no way we’re giving up this land.”
those who have lived here for decades are witnessing the climate changing
the rains poured down during the wet season
monkeys — they were all right over there,” she said
pointing to a patch of receding forest across the road
“It was wild here; it was all forest back then.”
But the wildlife has mostly vanished in recent years
as soy fields and cattle ranches have replaced much of the rainforest around her village
“The deforestation made everything vanish,” she said
They spray poison with their planes and all our plants die
Studies >show that
the annual dry season has become about a month longer over the past half-century
they are now more likely to be scarce and uneven
Even though tropical rainforests don’t naturally catch fire
a combination of deforestation and a drier climate has made the vegetation more prone to burning
blazes set by farmers would be snuffed out by the humidity
they can now spread with ease through the parched canopy and reach neighboring protected areas
memories are still fresh from an especially bad wildfire that invaded the reserve in 2015
The flames engulfed pristine forest that the Indigenous people who live here had fought hard for decades to protect from invaders
“We spent more than a month trying to put out the fire,” said Paula Guajajara
part of a group of women warriors of the forest
the community formed an Indigenous fire brigade made up of 15 men
The group has worked hard to reduce the risk of wildfires and educate relatives in the nine villages scattered across the 173,000-hectare (427,000-acre) territory about how climate change is altering the behavior of flames
often used by Indigenous people for subsistence planting and traditional rituals
fires coming in from neighboring areas like the Gurupi reserve remain a constant threat
who has been working as a firefighter on the brigade for nearly a decade
the group was forced to fight a major fire invading Carú from the Gurupi reserve
“The fires start in these areas where there’s pasture
so it takes time to get there and combat it.”
ICMBio has been deploying its own brigades for years
recruiting and training firefighters from nearby towns and from the settler communities themselves
across a vast region like this has posed a challenge
the agency has begun pushing for the creation of a volunteer brigade entirely made up of settlers occupying the reserve
The hope is that the brigade can teach others in the communities about the responsible use of fire
“We want them to understand that fire is as much a risk to them as it is for the forest,” she said
Image by Ricardo Ferreira Esteves via Wikimedia Commons CC BY-SA 4.0)
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The “fortress conservation” model is under pressure in East Africa
as protected areas become battlegrounds over history
and global efforts to halt biodiversity loss
Mongabay’s Special Issue goes beyond the region’s world-renowned safaris to examine how rural communities and governments are reckoning with conservation’s colonial origins
and trying to forge a path forward […]
At the four corners of the Amazon
indigenous peoples develop strategies to protect the forest
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In the Maranhão Amazon, the group of Forest Warriors
made up of indigenous people from the Guajajara people
realized another way of acting in the protection of their territory: by speaking
the group aims to protect the forests of the Gurupi Mosaic
made up of six Indigenous Lands and a biological reserve (Rebio do Gurupi)
Men from the Guajajara people had already formed the group Guardians of the Forest
which worked mainly with surveillance and monitoring expeditions
decided to act in another direction: raising awareness of the surroundings
with lectures on the territorial rights of indigenous peoples in the neighboring villages of their territory
they address the importance of environmental conservation of the forest and ecosystem services that extend to indigenous and non-indigenous people
The report is by João Guilherme Nunes Cruz
coordinator of the Indigenous Peoples Program of the Society
held between the 4th and 6th of August in Belém (PA)
Specialists from four regions of the Amazon met on the 4th
in a rare and very rich exchange about the realities of each territory
from the contact with this surrounding reality
the women realized the socioeconomic vulnerabilities of the non-indigenous population
the project “Traçando Novos Caminhos para o Bem Viver” was born
by the Wirazu association in partnership with ISPN and Philanthropy Network for Social Justice (RFJS)
The initiative offers families or individuals in these villages a small line of financing via microprojects for the development of productive initiatives such as vegetable gardens
reforestation/nursery and small animal breeding
Each selected microproject can receive financing of up to R$ 2
Cruz speaks of a sparsely forested territory
in one of the most destroyed areas of the Amazon
The native vegetation only resists in the protected areas
the surroundings have already been destroyed for the most part
Economic indices fall when socio-environmental ones also fall
came the example of the work of the indigenous people of the Uru-Eu-Wau-Wau Indigenous Land
through the report of advisor Israel Correa do Vale Junior
he showed a map of how indigenous people see their own territory
Unlike the cartographic representation of non-indigenous people
the map presented by him brought details that only indigenous people could indicate within their own territory: sacred places
“The main thing is to listen to them,” said Israel
It is the indigenous people who know the territory best and who travel through it more frequently
They are even the ones who provide the best intelligence information to combat invasions
through a platform from the NGO Kanindé (Sistema de Monitoramento de Deforestamento Kanindé
they are able to carry out real-time monitoring of deforestation alerts
Indigenous people are also being trained with the use of drones and information collection applications to verify alerts
Israel recalls the importance of this monitoring during the pandemic
All government protection actions were paralyzed
The Jupaú then used their traditional knowledge combined with technology and carried out expeditions in the territory
Oro Win and Cabixi) who inhabit this territory
in addition to isolated indigenous peoples
which originates in Mato Grosso and crosses the center of Pará
the geoprocessing analyst from the Instituto Socioambiental (ISA) Thaise Rodrigues shared the experience of protecting the Xingu+ Network
an articulation formed by 32 organizations of indigenous peoples
riverside communities and institutions that are part of the Xingu Corridor of Protected Areas
There are three axes of monitoring: remote
based on satellite images and through geoprocessing and remote sensing techniques; the collaborative
carried out by partners who work in the field; and the administrative and judicial
which monitors processes that may affect the territory and the rights of the peoples and traditional communities in the corridor
And that unfold into an advocacy component
supporting local associations and communicating with society as a whole
The networking of various organizations was fundamental in recent years, when deforestation in the region increased significantly and advanced into protected areas. According to the expert, it is Xingu corridor which are the Indigenous Lands and some of the most deforested Conservation Units in the entire Legal Amazon
It was in this scenario that the Xingu+ Network worked to ensure protection actions in the territories and the maintenance of the rights of their communities
On the Network platform, it is possible to access the map of the Xingu Observatory, with layers of deforestation, works and various other information. In addition, there is a works radar, with updates on licensing and other processes of the main works that affect the basin. check out here
shared the experience of territorial protection actions and monitoring of the health emergency in the Yanomami Indigenous Land
“There is a whole structure of crime that sustains environmental crime,” he said
excavator machines were found working inside the IT
they are not people who are fighting for their survival
Despite the considerable improvement since the beginning of this year, with inspection operations carried out at the beginning of the new government, the situation is still sensitive. Senra cited the report We are still suffering: an assessment of the first months of the Yanomami emergency
launched in early August by the associations Hutukara Yanomami Association (HAY)
Wanasseduume Ye'kwana Association (SEDUUME) and Urihi Yanomami Association
among the government's actions to achieve stabilization
those focused on “logistical bottlenecks” were the most effective in withdrawing invaders
especially controlling airspace and blocking large rivers
On January 30, the federal government created the Air Defense Identification Zone (Zida)
the measure was sustained for only six days
due to pressure exerted by parliamentarians from Roraima who are associated with illegal mining
the government kept three aerial “humanitarian corridors” open in order to lead to a spontaneous exit of criminals
The balance points out that this measure reduced the costs of combat actions
but also favored the “garimpos owners” who were able to remove part of their equipment without major damage
there are rumors that some of these “businessmen” are waiting for the weakening of inspections to return to operating in the territory
recalled that this exchange of experiences on the protection actions of different territories is important to form a more comprehensive accumulation of knowledge on the subject to make the measures to combat deforestation more effectively throughout the Amazon region
But he also recalled that more stable results from the actions depend on the development of a local economy based on sustainable activities
“While the local economies of many Amazonian municipalities are based on activities such as gold mining
illegal logging and the illegal occupation of public lands
command and control actions will always be mopping up the ice”
as they are the main source of employment in these places”
this new economy also depends on command and control
as activities such as the exploitation of non-timber forest products
do not compete economically with the activities they destroy
The most relevant news for you to form your opinion on the socio-environmental agenda
LAST ISSUE
CentroGold hosts an indicated resource of 1.7 million ounces of gold and an inferred resource of 0.6 million ounces
G Mining Ventures Corp. (TSE: GMIN)(OTCMKTS: GMINF) closed its acquisition of the CentroGold Project in Brazil from BHP Group Limited (ASX: BHP) (NYSE: BHP)
expanding the company’s portfolio in one of the world’s most prospective gold territories
It gives G Mining a 100 per cent interest in the tenements within the Gurupi Gold Belt
the company agreed to grant BHP a royalty structure comprising a 1.0 per cent Net Smelter Return (NSR) on the first 1 million ounces of gold produced from these tenements
escalating to a 1.5 per cent NSR for subsequent ounces
CentroGold currently hosts an indicated resource of 1.7 million ounces of gold and an inferred resource of 0.6 million ounces
The project spans approximately 1,900 square kilometers
comprising 47 tenements that are open for further exploration in all directions
CentroGold is located in the state of Maranhão in northern Brazil and covers 47 tenements across approximately 1,900 square kilometers
The project hosts several identified gold targets along a mineralized trend exceeding 80 km
These deposits currently contain 2.3 million ounces of JORC-compliant gold resources and remain open for expansion
released a pre-feasibility study for the Blanket and Contact deposits
The study projected a 10-year mine life with an average annual gold production of 100,000 to 120,000 ounces
This also includes 190,000 to 210,000 ounces per year during the first two years of production
Read more: High grades in Nicaragua expected to raise Calibre Mining’s mineral resource
Read more: Calibre Mining shuffles strength into its board for future growth
This acquisition aligns with G Mining’s strategy to grow into a mid-tier precious metals producer
leveraging its access to capital and expertise in mine development
“The addition of CentroGold to our portfolio not only diversifies our asset base but also positions us to capitalize on the rich gold resources in the Gurupi Gold Belt,” said Louis-Pierre Gignac
“This project has all the key attributes GMIN looks for in its next growth phase.”
G Mining Ventures is focused on expanding its presence in the gold mining sector in Latin America
G Mining will develop its CentroGold Project in Brazil using near-term free cash flow from the Tocantinzinho Gold Project
This growth strategy mirrors the approaches taken by other successful companies in the region, such as Calibre Mining Corp’s (TSE: CXB) (OTCMKTS: CXBMF)
which has made significant strides in gold production through its operations in Nicaragua and Nevada
Calibre Mining is a sponsor of Mugglehead news coverage
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The once-in-a-lifetime find is estimated to be worth up to C$470K
It is estimated to hold more than 60,000 tonnes of what is currently a very valuable commodity
They will have a 39% stake once Equinox completes the takeover
Defense Metals recently completed a preliminary feasibility study for the Wicheeda Rare Earth Element Project
Avialpes M1 (Annecy) has retired the sole corporate jet within its fleet
F-HSHB (msn 510-0259), operated by Avialpes since 2018, was active until May 1, 2024, flying between Salzburg and Annecy. The 15.1-year-old jet remained parked there until September 10, when it flew to Paris Le Bourget
It was subsequently reregistered as PS-BGP
Following the retirement of the Citation Mustang
Avialpes Jet now operates three Diamond DA-62s under its Air Operator's Certificate (AOC)
Avialpes Jet is the private jet division of Avialpes
which provides scenic flights and runs a flight school based in Annecy
which includes three Robin DR400s and a Cessna 182
The company owns other general aviation aircraft which are not included under its certificate
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The CentroGold project comprises 47 tenements that cover approximately 1,900km² area and include multiple gold targets
G Mining Ventures (GMIN) has signed an agreement to acquire the CentroGold Project located in Brazil’s Gurupi Gold Belt
This transaction includes granting BHP a net smelter return (NSR) royalty on gold production from the tenements
The CentroGold Project hosts significant gold resources and presents an opportunity for GMIN to expand its portfolio
Situated in the northern state of Maranhão
the CentroGold project comprises 47 tenements that cover approximately 1,900km² area and include multiple gold targets
include 2.3 million ounces of JORC-compliant gold across three open-pit deposits
A prefeasibility study by Oz Minerals in 2019
projected a mine life of ten years with substantial initial gold production rates
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GMIN plans to redesign the CentroGold project to align with its growth strategy and the current economic environment
This project has seen over 135,000m of core drilling
positioning it as an advanced-stage exploration asset
The acquisition terms include a 1.0% NSR royalty to BHP on the first one million ounces of gold produced and a 1.5% NSR thereafter
The deal is due to be completed in the first quarter of 2025
contingent on standard closing conditions and regulatory approvals
G Mining Ventures president and CEO Louis-Pierre Gignac said: “CentroGold boasts an attractive starting resource base on a large land package that covers ~ [approximately] 1,900km² with significant exploration upside
GMIN’s immediate focus, however, remains on ramping up the Tocantinzinho Gold Mine in Brazil and advancing the Oko West Gold Project in north-west Guyana towards a construction decision
G Mining Ventures corporate strategy senior vice-president Dušan Petković said: “The acquisition of CentroGold perfectly aligns with our strategy of acquiring high-quality
undervalued assets that GMIN is uniquely qualified to unlock
“2024 has been a transformational year for GMIN
headlined by two acquisitions that have grown our gold resource base from 2.1 million ounces measured and indicated to 8.1 million ounces
and from 50 thousand inferred to 2.2 million ounces
creating an exciting pipeline of near-term and longer-dated growth projects.”
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This includes the CentroGold Project ("CentroGold" or the "Project")
GMIN will grant BHP a 1.0% NSR royalty on the first 1 million ounces of gold produced at the tenements and a 1.5% NSR royalty on gold production thereafter (the "Transaction")
and comprises 47 tenements encompassing ~1,900 square kilometers ("km2")
The Project hosts multiple identified gold targets along a +80 km mineralized trend
which currently host 2.3 million ounces of JORC-compliant gold resources and remain open for expansion. In July 2019
released a pre-feasibility study on the Blanket and Contact deposits
The pre-feasibility study envisioned a 10-year mine life with an average annual gold production of 100,000 to 120,000 ounces per year
with 190,000 to 210,000 ounces of gold per year in the first two years of production
GMIN views the Project as an advanced-stage exploration asset with extensive exploration and engineering work completed to date
which includes over 135,000 meters of exploration core drilling
and development timeline will be redesigned to suit GMIN's long-term growth plans
ensuring resources are allocated in line with our strategy of maximizing value for all stakeholders
GMIN intends to build on CentroGold's existing geologic model and redesign the Project from first principles to better fit today's new permitting requirements and economic environment
GMIN plans to update the JORC-compliant gold resource to meet National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101")
The current corporate priorities that will take precedence are ramping up the Tocantinzinho Gold Mine in Brazil to nameplate capacity and advancing the Oko West Gold Project in Guyana toward a construction decision in H2-25
commented: "We are excited to acquire another prospective project and begin to grow into the multi-asset growth company we always envisioned to become
CentroGold boasts an attractive starting resource base on a large land package that covers ~1,900 km2 with significant exploration upside
This acquisition rounds out a high-quality portfolio of gold assets
which includes a producing mine in Tocantinzinho
and a high-potential exploration project in CentroGold
I believe this cash-flowing and high-growth portfolio offers our shareholders tremendous opportunity for value creation."
commented: "The acquisition of CentroGold perfectly aligns with our strategy of acquiring high-quality
2024 has been a transformational year for GMIN
creating an exciting pipeline of near-term and longer-dated growth projects
we are excited to demonstrate and realize our asset base's immense potential."
Blanket & Contact Reserve & Resource Estimate
GMIN has agreed to purchase the CentroGold Project from BHP in exchange for a 1.0% NSR royalty on the first 1 million ounces of gold produced at the Project and 1.5% NSR on gold production thereafter
The Transaction is expected to close in Q1-25 and is subject to customary closing conditions
including BHP receiving the appropriate approvals from the Vietnamese and Brazilian Competition bodies
RBC Capital Markets is acting as financial advisor to GMIN and its Board of Directors
Cassels & Graydon LLP and Mattos Filho
e Quiroga Advogados are acting as GMIN's legal advisors
President & Chief Executive Officer of GMIN
has reviewed the press release on behalf of the Corporation and has approved the technical disclosure contained in this press release
GMIN is currently anchored by the Tocantinzinho Gold Project in Brazil and Oko West Project in Guyana
For further information on GMIN, please visit the website at www.gmin.gold
For details on the estimation of mineral resources and reserves
parameters and methods used to estimate the mineral resources and mineral reserves
Canadian investors should refer to the ASX JORC Code Technical Reports for CentroGold and on file at www.asx.com.au and the Oz Minerals 2020 Annual Report
See Oz Minerals December 2020 Quarterly Report Presentation
See technical report titled "Gurupi province potential strengthened on CentroGold Pre-Feasibility Study" dated July 11
2019 and report titled "CentroGold Project Combined 'Blanket' and 'Contact' Mineral Resource as at 06 May 2019 and Ore Reserve as at 24 June 2019 Statement"
See Avanco Copper Chega Tudo ASX technical report titled "CentroGold Resources Increase 45% and Exceeds 1.8 Million Ounces" dated November 13 2017
Mineral resources which are not mineral reserves do not have demonstrated economic viability
Mineral resources are inclusive of mineral reserves
the two tables outlining the resource estimates" as well as the sections entitled "CentroGold Highlights" and "About G Mining Ventures Corp."
those outlined in the 2019 pre-feasibility study and those underlying the items listed on the above sections entitled "CentroGold Highlights" and "About G Mining Ventures Corp."
the Corporation will (i) CentroGold will provide long-term growth and prove an accretive transaction
(ii) any of CentroGold's targets will lead to additional resources and eventually to gold production
(iii) the expected mine life and annual gold production indicated in the 2019 pre-feasibility study will materialize
(iv) GMIN's expectations regarding CentroGold
as set out in the section entitled "CentroGold Highlights" will materialize
(v) GMIN will achieve its stated objectives for Tocantinzinho and Oko West
or (vi) use TZ and Oko West to grow GMIN into the next intermediate producer
the cautionary statements made in the relevant sections of the Corporation's (i) Annual Information Form dated March 27
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) has announced its inclusion in several major stock indices, marking a significant corporate milestone. The company will be added to the NYSE Arca Gold Miners Index (GDMX or GDX), MVIS Global Junior Gold Miners Index (GDXJ), S&P/TSX Composite index (GSPTSE) and iShares MSCI Canada ETF (EWC).
The rebalancing for GDX, GDXJ, and GSPTSE will occur on March 21, 2025, while the EWC rebalancing took place on February 28, 2025. The company, focused on precious metal projects, currently operates the Tocantinzinho Gold Mine in Brazil and is developing the Oko West Gold Project in Guyana, along with the advanced exploration Gurupi Project.
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) ha annunciato la sua inclusione in diversi importanti indici azionari, segnando un traguardo significativo per l'azienda. La società sarà aggiunta all'Indice NYSE Arca Gold Miners (GDMX o GDX), all'Indice MVIS Global Junior Gold Miners (GDXJ), all'indice S&P/TSX Composite (GSPTSE) e all'iShares MSCI Canada ETF (EWC).
Il ribilanciamento per GDX, GDXJ e GSPTSE avverrà il 21 marzo 2025, mentre il ribilanciamento dell'EWC è avvenuto il 28 febbraio 2025. L'azienda, focalizzata su progetti di metalli preziosi, attualmente gestisce la miniera d'oro Tocantinzinho in Brasile e sta sviluppando il progetto d'oro Oko West in Guyana, insieme al progetto di esplorazione avanzata Gurupi.
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) ha anunciado su inclusión en varios índices bursátiles importantes, marcando un hito corporativo significativo. La compañía será añadida al Índice NYSE Arca Gold Miners (GDMX o GDX), al Índice MVIS Global Junior Gold Miners (GDXJ), al índice S&P/TSX Composite (GSPTSE) y al iShares MSCI Canada ETF (EWC).
El reequilibrio para GDX, GDXJ y GSPTSE se llevará a cabo el 21 de marzo de 2025, mientras que el reequilibrio del EWC tuvo lugar el 28 de febrero de 2025. La empresa, centrada en proyectos de metales preciosos, actualmente opera la mina de oro Tocantinzinho en Brasil y está desarrollando el Proyecto de Oro Oko West en Guyana, junto con el avanzado Proyecto Gurupi de exploración.
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF)는 여러 주요 주식 지수에 포함되었다고 발표하며, 이는 중요한 기업 이정표를 의미합니다. 이 회사는 NYSE Arca Gold Miners Index (GDMX 또는 GDX), MVIS Global Junior Gold Miners Index (GDXJ), S&P/TSX Composite index (GSPTSE) 및 iShares MSCI Canada ETF (EWC)에 추가될 예정입니다.
GDX, GDXJ 및 GSPTSE의 리밸런싱은 2025년 3월 21일에 발생하며, EWC의 리밸런싱은 2025년 2월 28일에 이루어졌습니다. 이 회사는 귀금속 프로젝트에 집중하고 있으며, 현재 브라질의 Tocantinzinho 금광을 운영하고 있고, 가이아나의 Oko West 금 프로젝트와 고급 탐사 Gurupi 프로젝트를 개발하고 있습니다.
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) a annoncé son inclusion dans plusieurs grands indices boursiers, marquant une étape importante pour l'entreprise. La société sera ajoutée à l'Indice NYSE Arca Gold Miners (GDMX ou GDX), à l'Indice MVIS Global Junior Gold Miners (GDXJ), à l'indice S&P/TSX Composite (GSPTSE) et à l'iShares MSCI Canada ETF (EWC).
Le rééquilibrage pour GDX, GDXJ et GSPTSE aura lieu le 21 mars 2025, tandis que le rééquilibrage de l'EWC a eu lieu le 28 février 2025. L'entreprise, axée sur des projets de métaux précieux, exploite actuellement la mine d'or Tocantinzinho au Brésil et développe le projet d'or Oko West en Guyane, ainsi que le projet d'exploration avancée Gurupi.
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) hat seine Aufnahme in mehrere bedeutende Aktienindizes bekannt gegeben, was einen wichtigen Unternehmensmeilenstein darstellt. Das Unternehmen wird dem NYSE Arca Gold Miners Index (GDMX oder GDX), dem MVIS Global Junior Gold Miners Index (GDXJ), dem S&P/TSX Composite Index (GSPTSE) und dem iShares MSCI Canada ETF (EWC) hinzugefügt.
Die Neugewichtung für GDX, GDXJ und GSPTSE erfolgt am 21. März 2025, während die Neugewichtung des EWC am 28. Februar 2025 stattfand. Das Unternehmen, das sich auf Edelmetallprojekte konzentriert, betreibt derzeit die Tocantinzinho Goldmine in Brasilien und entwickelt das Oko West Goldprojekt in Guyana sowie das fortgeschrittene Explorationsprojekt Gurupi.
BROSSARD, QC, March 18, 2025 /PRNewswire/ - G Mining Ventures Corp. ("GMIN" or the "Corporation") (TSX: GMIN) (OTCQX: GMINF) is pleased to announce that common shares of the Corporation have recently been selected for inclusion in multiple major stock indices, including the NYSE Arca Gold Miners Index (GDMX or GDX), MVIS Global Junior Gold Miners Index (GDXJ), S&P/TSX Composite index (GSPTSE) and iShares MSCI Canada ETF (EWC).
The rebalance date for the NYSE Arca Gold Miners Index (GDMX or GDX), MVIS Global Junior Gold Miners Index (GDXJ) and S&P/TSX Composite index (GSPTSE) will be March 21, 2025. The rebalance date for iShares MSCI Canada ETF (EWC) was February 28, 2025.
For more information on the indices that GMIN shares are currently included in or will be added to, including methodology, composition and performance, please visit each Index's website:
GMIN is currently anchored by the Tocantinzinho Gold Mine in Brazil and Oko West Gold Project in Guyana
Cautionary Statement on Forward-Looking Information
those related to (i) the quoted comments of GMIN's President & CEO; and (ii) more generally
the section entitled "About G Mining Ventures Corp."
and those underlying the items listed in the above section entitled "About G Mining Ventures Corp."
(i) GMIN's self-perform approach will successfully advance the Oko West Project
or (ii) the Oko West feasibility study will be positive and lead to a construction decision
or (iii) the Corporation will continue to create value for its shareholders
or (iv) the Corporation's inclusion in several indices will increase the trading liquidity of its common shares
GMIN will achieve its stated objectives for TZ and Oko West or use TZ and Oko West to grow GMIN into the next mid-tier precious metals producer
View original content to download multimedia:https://www.prnewswire.com/news-releases/g-mining-ventures-announces-inclusion-to-multiple-indices-302405068.html
Perched at the easternmost edge of the Amazon rainforest is Maranhão
Originally covered in more than 110,000 square kilometers (42,471 square miles) of forest
more than 75 percent has been logged to make way for roads
croplands and cattle ranches over the last 60 years
Illegal logging continues to be a persistent problem
threatening already fragmented wildlife habitat and forcing indigenous tribes off their land
In a paper published in Land Use Policy this August
the Maranhão Amazon Forest Conservation Network urged the state government to establish a policy of zero deforestation and sustainable agroforestry to safeguard remaining forests and to better protect the states’ 6.9 million residents and improve their livelihoods
admits that “it is very challenging to implement a policy of zero deforestation,” but “it is possible and demonstrably in the public interest.”
the development of the Carajás iron mine in neighboring Pará state led to the construction of a railway through Maranhão
New pig iron processing facilities sprang up across the region
requiring large quantities of charcoal to fuel smelting
and putting further pressure on Maranhão’s dwindling forests
But local people have largely not seen the benefits of this economic development
The state has some of the worst social and economic indicators in Brazil
and rural poverty is strongly associated with land degradation there
70 percent of Maranhão’s surviving forest lies in legally protected areas
One of the larger of these is the Gurupi Biological Reserve
covering 270,000 hectares (1,043 square miles) of dense Amazonian forest around the Gurupí and Pindaré rivers
the Critically Endangered Black Bearded Saki (Chiropotes satanas)
which is listed as one of the world’s 25 most endangered primates
Despite its degradation, Maranhão still boasts a mosaic of varied habitat types, including the unique Maranhão Babaçu Forests — forming a transitional zone between the evergreen Amazonian rainforests to the east
and drier woodlands and savannas that lie to the west
“Gurupi and the surrounding indigenous lands represent the last significant fragment of Amazon” in Maranhão
an environmental analyst at the Chico Mendes Institute for Biodiversity Conservation (ICMBio)
a federal institution responsible for managing Brazil’s two million square kilometers (772,204 square miles) of protected areas
Despite its biological and economic importance
illegal logging in the Gurupi Biological Reserve and in the Awá
Alto Turiaçu and Araribóia indigenous territories
and indigenous groups say that government enforcement is dangerously lax
On August 31st, it was reported that an indigenous group, the Guajajara Guardians
“We’re occupying FUNAI to demand our rights to the land
and protection for the environment,” said a protest leader
The Brazilian government has forgotten us — it’s as if we don’t exist.”
“The Guardians are putting their lives on the line … but they desperately need help from the Brazilian authorities – resources for their expeditions and support from government agents who can arrest the loggers”
senior campaigner for Survival International
Illegal logging comes hand-in-hand with human rights abuses and violent encounters with indigenous people
“In every region of this mosaic of protected areas we have … a history of conflicts,” over land and timber
a volunteer on the advisory council of the Gurupi Biological Reserve
Perhaps the worst of the atrocities have been directed towards the Awá Indians. One of an estimated 240 indigenous tribes in Brazil, the Awá is unusual in that many of its members have never made contact with the outside world. Survival International has listed the Awá as the most threatened indigenous group on Earth
“The uncontacted Awá are one of the most vulnerable peoples on the planet,” says Shenker
When outsiders first made contact in the 1970s
the meetings were quickly followed by outbreaks of influenza
pneumonia and other illnesses for which the Awá had no resistance
Entire families were decimated in a matter of weeks
and many of those that survived understandably withdrew from further contact
their right to remain undisturbed is being repeatedly violated as loggers encroach on indigenous land and devastate the forest resources they rely upon
At the COP-21 sustainable innovation forum in Paris in 2015
Brazil made an international commitment to cut illegal deforestation in the Amazon to zero
and to restore 12 million hectares (46,332 square miles) of cleared forest by 2030
some government representatives in Maranhão have pursued legislation to reduce protection of protected areas and indigenous lands
While most of the states’ remaining forest lies in protected areas
around 20 percent exists as small fragments on privately owned rural properties
These fragments are steadily being degraded and lost
even though the owners of properties in Amazon forest are required under the federal Native Vegetation Protection Law to protect 80 percent of their land as a legal reserve
and are limited as to the area they can legally use for agriculture or cattle ranching
and by removing protections for some fragile environments such as lakes and periodic springs
The new code also relaxes requirements for land restoration on rural properties with a deficit of legal reserve land
by allowing landowners to compensate with native vegetation on another property
The compensating land could be located in another watershed or even another state
ignoring the impact of the loss of forest on local ecosystem services and on local biodiversity
the Maranhão Amazon Forest Conservation Network
a multi-institutional group of researchers
called for a policy of zero deforestation in the state
going well beyond the requirements of the 2012 Native Vegetation Protection Law
The network also called for the enforcement of environmental laws in existing protected areas and for the restoration of damaged forests
is to remove the cause of degradation — illegal logging and slash-and-burn agriculture — and allow natural succession to replace the original vegetation
a process which can take anywhere from 30 to 80 years
Recovering secondary forests now cover nearly 20,000 square kilometres (7,722 square miles) in the state — 27 percent of the deforested area — and those areas are seen as essential to the recovery of Maranhão‘s forests
Secondary forests also help maintain connectivity between patches of primary forest
“In a very degraded and fragmented landscape
[regenerating] secondary forests plays a fundamental role both in conserving biodiversity and in providing ecosystem services,” such as carbon sequestration and water regulation
However, these secondary forests are currently completely unprotected by law. But in 2015, Pará state instituted a ban on clearing older secondary vegetation in the middle and late stages of restoration
setting a precedent that Celentano hopes can be mirrored in Maranhão
The paper also advocates for the implementation of sustainable agroforestry systems
which pair agricultural plantings with a complementary mixture of local trees
as an alternative to native forest restoration
Such systems employ a mix of fruit and timber trees
resulting in a functioning ecosystem that enriches rather than degrades soil
while also producing valuable crops and commodities
sustainable agroforestry can replace subsistence slash-and-burn methods
and offer alternative livelihoods in rural areas
wildlife and forest habitat of Maranhão state
Remaining primary forest and indigenous land must be protected from illegal logging
and government incentives are needed that favor agroforestry techniques over slash-and-burn
Secondary forest fragments should be protected
and recovery programs targeted toward creating ecological corridors to connect up large primary forest fragments
such a proposal goes largely against the policies of large scale agribusiness and cattle ranching presently being applied by the Brazilian government under President Michel Temer
a sustainable agroforestry approach — which encourages zero deforestation — could change the lives of some of Brazil’s poorest farmers for the better
and may be the only hope for the Awá and other indigenous groups in Maranhão
Towards zero deforestation and forest restoration in the Amazon region of Maranhão state
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Brazil (AP) — Warriors wielding bows and arrows
elderly chieftains in face paint and nursing mothers gathered recently in a Brazilian village to debate a plan that some hope will hold at bay the loggers and other invaders threatening the nine tribes of the Tembe
The sustainable development plan is meant to help the Tembe profit from the Amazon forest without ruining it
They also want to keep outsiders away from their 1,080-square-mile (2,766-square-kilometer) Alto Rio Guama homeland that is officially protected but in practice under siege
Recent clashes saw the Tembe burning the trucks and equipment of illegal loggers on their territory
which is in a Brazilian state plagued by thousands of fires burning on cleared Amazon jungle lands
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(CSE: BRAS) ("Brascan" or the "Company") is pleased to update progress on the field program underway at Alegre Gold Project (the "Project") in Pará State northern Brazil
The Alegre Gold Project operates under an earn-in option agreement with field services provided by underlying claims holder Chapada Brasil Mineração (CBM)
The earn-in option allows Brascan to acquire 100% interest in the Alegre Gold Project
Field crews have completed the first high-resolution airborne magnetic survey over the most prospective gold producing areas of the Alegre Property
The survey used Avant Geofisica's airborne hybrid UAV (gas/electric drone) system flying at 50 m line spacing
This high-resolution survey detected several distinct linear anomalies suggestive of bedrock geological structures
some of which are closely associated with the large scale artisanal gold mines (garimpos) that have been producing gold in the area
Brascan has contracted a structural geology mapping specialist to map the garimpeiro pits and determine any relation to the linear features detected from the drone magnetic survey
The field crews have also advanced line-cutting for a ground grid for geophysics
geochemistry and geological mapping surveys
Brascan believes the gold mineralization targeted by the garimpeiros in weathered near-surface rocks
and likely extends into the bedrock following the structures defined from surface mapping and geophysical surveys
Detailed definition of these structures is expected to produce bedrock drill targets associated with the gold mineralization
Quartz veins in outcrop from field mapping program
Location of the Alegre Gold Project
Gold garimpo (inactive) of significant scale on the Alegre property
The Alegre project is located on the same gold mineralization trend as Goldmining Inc.'s advanced Cachoeira gold project 15 km to the north and Oz Minerals' CentroGold Project 30 km to the south (considered one of Brazil's largest undeveloped gold projects)
The mineral rights registry of the Agência Nacional de Mineração of Brazil shows that other adjacent neighbors to the Alegre Gold Project include subsidiaries of major gold producers Kinross and IAM Gold Corp
https://www.goldmining.com/projects/brazil/cachoeira/)https://www.ozminerals.com/en/where-we-work/gurupi/centrogold
The Alegre Gold Project (yellow) is located between Goldmining's Cachoeira Gold Project (green) to the north
and OZ Minerals' CentroGold Project to the south
within the same 100 km long structurally deformed volcaniclastic stratigraphic unit
stated "The Alegre Gold exploration program is progressing well based on regular reporting and Brascan expects to define drill targets."
Brascan is in active discussions to acquire several highly prospective gold properties with significant drill data."
and a QP by the standards of Canadian National Instrument 43-101
has reviewed the scientific and technical information that forms the basis for this news release and has approved the disclosure herein
For more information, investors should review the Company's filings that are available at www.sedar.com
This news release contains certain forward-looking statements that are "forward-looking information" within the meaning of applicable securities laws
All statements that are not historical facts
expectations or beliefs of future performance
including statements regarding the terms of the consulting arrangement are "forward-looking information"
These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it
Forward-looking statements are subject to a number of risks and uncertainties
including those detailed from time to time in filings made by the Company with securities regulatory authorities
which may cause actual outcomes to differ materially from those discussed in the forward-looking statements
These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements
The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information
Vizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, BC, focused on advancing its flagship, 100%-owned Panuco silver-gold project located in Sinaloa, Mexico. The Company recently completed... LEARN MORE
CentroGold is located in the state of Maranhão
and comprises 47 tenements encompassing ~1,900 square kilometers
which currently host 2.3 million ounces of JORC-compliant gold resources and remain open for expansion
with 190,000 to 210,000 ounces of gold per year in the first two years of production.
GMIN plans to update the Project's JORC-compliant gold resource to meet National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") in Q1 2025
The Corporation is pleased to announce the appointment of Vincent Benoit
Managing Partner and Chief Investment Officer of La Mancha Capital Advisory LLP ("La Mancha")
The GMIN Board of Directors is now comprised of 11 members
positioning La Mancha as a leading private investor in the gold mining sector
Benoit was chief financial officer and executive vice president of Corporate Development at Endeavour
and enhanced the balance sheet to fund organic growth
Endeavour's market capitalization was quadrupled by the time he left at the end of 2019
he re-joined La Mancha to oversee investments and fundraising
He led the development of the group's footprint in Africa and Europe and formed strategic partnerships with key European telecom players
Vincent holds an MSc from Kedge Business School and is a Chartered Accountant
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) is a mining company engaged in the acquisition
Additional InformationFor further information on GMIN, please visit the website at www.gmin.gold.
those related to (i) ; an gold resource at CentroGold remaining open for expansion in all directions and at depth; (ii) the acquired land package offering potential for multiple new discoveries; (iii) the Transaction being accretive for GMIN's project pipeline; (iv) the Project's 10-year mine life and production profile
as anticipated in its pre-feasibility study; (v) GMIN's plan to update the Project's JORC-compliant gold resource to meet NI 43-101 requirements; and (vi) more generally
Benoit's future contribution as a GMIN director as well as the section entitled "About G Mining Ventures Corp.".
those outlined in the PEA and those underlying the items listed in the above section entitled "About G Mining Ventures Corp."
(i) GMIN will achieve its stated objectives for the Project
or (ii) the Project will prove accretive to GMIN's project pipeline
or (iii) the 2.3 million ounces of JORC-compliant gold resources will meet the NI 43-101 requirements
or (iv) the Project's current resources will be expanded in all directions and at depth
(v) the Project will have a 10-year mine life or will be mined at all
or (vi) GMIN will use TZ and Oko West to grow into the next intermediate producer
(ii) Annual Information Form of Reunion Gold dated April 25
and (iii) the Corporation's (i) Annual Information Form dated March 27
Jessie Liu-Ernsting, Vice President, Investor Relations and Communications, 647.728.4176, [email protected]
March 21 (UPI) -- Researchers named a South American catfish species based on its resemblance to an alien bounty hunter from the original Star Wars film
"As a 7-year-old kid, I watched Star Wars in the theater and it was a life-changing experience for me," Jonathan Armbruster, a biological sciences professor at the Auburn University Museum of Natural History, said in a statement
Greedo has always been a personal favorite of mine."
Armbruster originally obtained specimens of the Peckoltia greedoi in 2005
Ten years later he and other researchers were evaluating the fish's characteristics when one of them made the Star Wars connection
said he and his colleagues often name species after each other
"I have named a few species after colleagues like Peckoltia lujani for my former student
and Peckoltia sabaji for a close friend and colleague
"I've also had former students name species for me."
Por um futuro em que as pessoas vivam em harmonia com a natureza
Photos and graphics © WWF or used with permission. Text available under a Creative Commons licence
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In the 21st century it is hard to think there were still parts of the earth left undiscovered.
But scientists have just 'found' 657 barrier islands along the world's coastlines.
Using satellite images, topographical maps and navigational charts they have identified a total of 2,149 such islands worldwide.
This is significantly higher than the 1,492 identified in a 2001 survey conducted without the aid of publicly available satellite imagery.
Previous identification issues included determining whether land was part of the mainland, or a distinct island.
The southern coastline of New York's Long Island is perhpas the best-known example of a barrier island.
Scientists are still unclear as to exactly how they are formed, and they are generally - but not always - found on coastal areas with low tide variation.
However, their importance to marine life is well documented.
They help protect low-lying mainland coasts against erosion and storm damage, and can be important wildlife habitats.
They make up roughly 10 per cent of the Earth's continental shorelines and 74 per cent are found in the northern hemisphere.
However, the 657 'new' islands haven't just appeared in the last decade. They have long existed but were overlooked or misclassified in past surveys, according to the study by researchers from Duke University and Meredith College, both in North Carolina.
Previously, for instance, scientists believed barrier islands couldn't exist in locations with seasonal tides of more than four metres.
Yet the new survey identifies the world's longest chain of barrier islands along a stretch of the equatorial coast of Brazil, where spring tides reach seven metres.
The 54-island chain extends 571kms along the fringe of a mangrove forest south of the mouth of the Amazon River.
Past surveys didn't recognise it as a barrier island coast partly because older, low-resolution satellite images didn't show a clear separation between the islands and mangrove, Meredith College researcher Matthew L Stutz said.
It also wasn't recognised because the chain didn't match the wave-tide criteria used to classify barrier islands in the U.S., where most studies have been conducted.
Scientists failed to consider that supplies of replenishing sand are so plentiful along the equatorial Brazilian coast that they can compensate for the erosion caused by higher spring tides.
The U.S. has the most barrier islands, with 405, including those along the Alaskan-Arctic shoreline.
The survey results appear in the current issue of Journal of Coastal Research. Barrier islands exist in every climate and in every tide-wave combination mOrrin H Pilkey, an environmental scientist from Duke University, said: 'This provides proof that barrier islands exist in every climate and in every tide-wave combination.
'We found that everywhere there is a flat piece of land next to the coast, a reasonable supply of sand, enough waves to move sand or sediment about, and a recent sea-level rise that caused a crooked shoreline, barrier islands exist.'
Unlike stationary landforms, barrier islands build up, erode, migrate and rebuild over time in response to waves, tides, currents and other physical processes in the open ocean environment.
The researchers said the survey's findings illustrate the need for a new way to classify and study barrier islands, one that takes into account the complex interplay of local, regional and global variables that shape where the islands form and how they evolve.
Mr Pilkey added: 'The potential for significant climate and sea level change this century underscores the need to improve our understanding of the fundamental roles these factors have played historically in island evolution, in order to help us better predict future impacts.
'Barrier islands, especially in the temperate zone, are under tremendous development pressure, a rush to the ocean-front that ironically is timed to a period of rising sea levels and shoreline retreat.'
A developed barrier island, held in place by seawalls, jetties or groins, can't migrate as 'it essentially becomes a sitting duck unable to respond to the changes occurring around it'.
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