G Mining Ventures Corp. announced that it has completed its first exports of doré bars from GMIN's 100%-owned Tocantinzinho Gold Project ("TZ" or the "Project") in the State of Pará, Brazil, to a refinery in Switzerland. The Project remains on time and budget for commercial production in the second half of 2024.

The start of production coincides with an environment of record high gold prices, where every ounce sold by GMIN was in excess of $2,400 per ounce, significantly above budget. The construction team has been demobilized, as they have handed over the Project to the operations team. Mine to mill reconciliation remains on target with the Mine Plan from the Feasibility Study dated February 09, 2022.

The commissioning of all areas of the process plant is complete with plant feed reaching a peak of 10 thousand tonnes ("kt") per day ("pd") during the second half of July. Gold production for July was 4,232 ounces with an average gold recovery of 85.1%. Focus now is on continued ramp up of the process plant to full production and target recoveries, forecast to be reached in Second half 2024.

The Project remains on track and budget for commercial production in Second half 2024.