Latest news with #NI-43-101
Yahoo
6 days ago
- Business
- Yahoo
G Mining Ventures Files NI 43-101 Technical Report for Oko West Gold Project in Guyana
BROSSARD, QC, June 9, 2025 /PRNewswire/ - G Mining Ventures Corp. ("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 feasibility study (the "FS" or the "Study") for its wholly owned Oko West gold project ("Oko West" or the "Project"), located in Guyana. The Technical Report, titled "Feasibility Study NI 43-101 Technical Report, Oko West Gold Project," has an effective date of April 28, 2025, with an issue date of June 06, 2025, and was authored by independent Qualified Persons and is in accordance with NI 43-101. The Qualified Persons ("QPs") are Paul Murphy, P. Eng. having overall responsibility for the Report including capital and operating costs. Neil Lincoln, P. Eng. having responsibility for metallurgy, recovery methods and process plant operating costs. Christian Beaulieu, MSc, of Minéralis Consulting Services is responsible for property description, geology, drilling, sampling and the mineral resource estimate. Alexandre Burelle, P. Eng. is responsible for the mining method and capital and operating costs related to the mine and the economic analysis. Kevin Leahy, of ERM Ltd., is responsible for the environment and permitting aspects. The full Technical Report is available under the Corporation's profile on SEDAR+ ( and on the Corporation's website at About G Mining Ventures Corp.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 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, other than statements of historical fact, 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, without limitation, those related to the section entitled "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 several 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. Such assumptions include, without limitation, 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.". Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that, notably but without limitation, (i) GMIN will achieve its objectives for Oko West, notably to bring the Project into commercial production, or (ii) GMIN will use TZ and Oko West to grow GMIN into the next intermediate producer, or (iii) the exploration upside of GMIN's properties will lead to additional mineral resources and reserves, as future events could differ materially from what is currently anticipated by the Corporation. In addition, there can be no assurance that Brazil and/or Guyana will remain mining friendly and prospective jurisdictions. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, 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, plans, objectives, expectations, anticipations, estimates, 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, but not limited to, the cautionary statements made in the relevant sections of the Corporation's (i) Annual Information Form dated March 27, 2025, for the financial year ended December 31, 2024, and (ii) Management Discussion & Analysis. The Corporation cautions that the foregoing list of factors that may affect future results is not exhaustive, and new, 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. View original content to download multimedia: SOURCE G Mining Ventures Corp Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
6 days ago
- Business
- Cision Canada
G Mining Ventures Files NI 43-101 Technical Report for Oko West Gold Project in Guyana
BROSSARD, QC, June 9, 2025 /CNW/ - G Mining Ventures Corp. (" 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 feasibility study (the " FS" or the " Study") for its wholly owned Oko West gold project (" Oko West" or the " Project"), located in Guyana. The Technical Report, titled "Feasibility Study NI 43-101 Technical Report, Oko West Gold Project," has an effective date of April 28, 2025, with an issue date of June 06, 2025, and was authored by independent Qualified Persons and is in accordance with NI 43-101. The Qualified Persons (" QPs") are Paul Murphy, P. Eng. having overall responsibility for the Report including capital and operating costs. Neil Lincoln, P. Eng. having responsibility for metallurgy, recovery methods and process plant operating costs. Christian Beaulieu, MSc, of Minéralis Consulting Services is responsible for property description, geology, drilling, sampling and the mineral resource estimate. Alexandre Burelle, P. Eng. is responsible for the mining method and capital and operating costs related to the mine and the economic analysis. Kevin Leahy, of ERM Ltd., is responsible for the environment and permitting aspects. The full Technical Report is available under the Corporation's profile on SEDAR+ ( and on the Corporation's website at About G Mining Ventures Corp. 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 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 Information All statements, other than statements of historical fact, 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, without limitation, those related to the section entitled "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 several 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. Such assumptions include, without limitation, 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.". Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that, notably but without limitation, (i) GMIN will achieve its objectives for Oko West, notably to bring the Project into commercial production, or (ii) GMIN will use TZ and Oko West to grow GMIN into the next intermediate producer, or (iii) the exploration upside of GMIN's properties will lead to additional mineral resources and reserves, as future events could differ materially from what is currently anticipated by the Corporation. In addition, there can be no assurance that Brazil and/or Guyana will remain mining friendly and prospective jurisdictions. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, 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, plans, objectives, expectations, anticipations, estimates, 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, but not limited to, the cautionary statements made in the relevant sections of the Corporation's (i) Annual Information Form dated March 27, 2025, for the financial year ended December 31, 2024, and (ii) Management Discussion & Analysis. The Corporation cautions that the foregoing list of factors that may affect future results is not exhaustive, and new, 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.
The Market Online
08-05-2025
- Business
- The Market Online
Lipari Mining hits milestone at Tchiuzo kimberlite pipe
A major diamond discovery is taking shape in northeastern Angola, as a newly unveiled resource estimate reveals millions of carats hidden beneath the surface of the Tchiuzo kimberlite pipe. Lipari Mining Ltd. (Cboe CA:LML) has achieved a significant milestone with the completion of an NI-43-101 compliant Mineral Resource Estimate for the Tchiuzo kimberlite pipe. This development marks a pivotal step in advancing the company's 75 per cent-owned Tchitengo Diamond Project, located in northeastern Angola. Establishing a flagship resource The Tchiuzo kimberlite pipe is the first among a cluster of 30 identified kimberlite pipes on the Tchitengo property to reach this advanced stage. The newly released resource estimate, independently prepared by Z Star Mineral Resource Consultants Ltd. of South Africa, confirms the commercial potential of the deposit: Indicated resource : 32.1 million tonnes (Mt) of kimberlite Containing 14.6 million carats Grade: 46 carats per hundred tonnes (cpht) Depth: ~220 metres : Inferred resource : 22.7 Mt of kimberlite Containing 8.5 million carats Grade: 38 cpht Depth: ~360 metres : The estimate is based on a 1 mm bottom cutoff size, aligning with commercial diamond recovery standards. Robust geological foundation The resource model integrates extensive historical and recent exploration data, including: SM Catoca drilling (2006–2009) : 8,925 metres of core drilling across 66 holes 447,534 kg of kimberlite processed Yielded 176 carats (grade: 39.3 cpht) : Lipari Phase I drilling (2024) : 19 confirmatory holes totaling 3,722.7 metres : Bulk sampling by SM Catoca (2007–2014) : 34,630 tonnes processed 17,245 carats recovered (grade: 48.6 cpht) : These efforts have confirmed the geological continuity and diamond grade distribution of the Tchiuzo pipe, which remains open at depth, offering further exploration upside. Stable location and historical investment The Tchitengo Project is strategically located just 19 km north of the prolific Catoca mine and 35 km from the Luele mine, two of Angola's largest diamond producers. The Tchiuzo pipe was originally discovered by SM Catoca and Alrosa in 2006, with more than US$35.6 million invested in exploration and development between 2006 and 2016. Geological insights Lipari's 2024 drilling campaign confirmed the presence of two primary kimberlite lithologies: Tuffaceous kimberlite : Central portion of the pipe : Central portion of the pipe Tuffaceous kimberlite breccia: Along the granite contact zone A block of volcanic breccia of sedimentary rock and a weathered saprolitic kimberlite layer were also identified, enhancing the geological model used for the NI 43-101 estimate. Leadership insights 'This NI 43-101 compliant mineral resource estimate marks a major milestone for Lipari as we execute our growth strategy in Angola. With this robust initial resource at Tchiuzo and a strong foundation of historical work, we now have a clear path forward to advance the project to feasibility,' Lipari Mining's President and CEO, Ken Johnson said in a release on these results. 'This resource helps unlock significant long-term potential and reinforces our belief in the broader Tchitengo kimberlite field, where 30 pipes have already been identified. With our deep explorational and operational experience in Brazil, we are well positioned to replicate success in Angola as we move toward evaluating the economics of the Tchiuzo mineral resources and further delineation drilling across the roughly 1000 km2 property.' In an exclusive interview with The Market Online's 'The Watchlist', CEO Johnson went into more detail, calling it a confirmation of work that was done in the past. 'From the time they discovered the pipe back in 2005, to 2013, they spent $35.6 million, drilling the deposit, trial mining it, recovered about 17,000 carats of diamonds,' he said. 'We have all that information and what we had to do was confirm that, so we carried out a drilling program last year.' Click the video below to watch the interview in full. Lipari plans to launch a bulk sampling program in Q3 2025, supported by the installation of a 15-tonne-per-hour kimberlite processing plant. The objective is to recover over 5,000 carats for valuation purposes, a key step in assessing the commercial viability of the Tchiuzo diamonds. In parallel, the company will continue to evaluate other kimberlite targets within the Tchitengo Project, many of which exhibit promising geophysical and geochemical signatures. Investor's corner The NI 43-101 compliant resource estimate for the Tchiuzo kimberlite pipe represents a major advancement for Lipari Mining Ltd., positioning the company to unlock significant value from one of Angola's most prospective diamond regions. This is sponsored content issued on behalf Lipari Mining Ltd., please see full disclaimer here.
