BROSSARD, QC, Oct. 14,
2024 /PRNewswire/ - G Mining Ventures Corp.
("GMIN" or the "Corporation" or "we") (TSX:
GMIN, OTCQX: GMINF) regrets to report that a fatality has occurred
at its Oko West Gold Project in Guyana.
Louis-Pierre Gignac, President
& Chief Executive Officer, stated: "We are deeply
saddened by the tragic accident. Our sincere condolences and
support are with our colleague's family, friends, and
coworkers during this difficult time."
The fatality was related to a road incident, which occurred on
October 13, 2024. Details regarding
the cause of death are currently under investigation. The colleague
was a contractor employed by Hopkinson Mining Security Services
Inc., a partner of GMIN. GMIN's country leadership is on-site to
cooperate with and assist the authorities fully in their
investigations. We want to assure our stakeholders that we are
committed to a thorough and transparent investigation. Grief
counsellors will be made available to those who need support.
The Corporation will provide additional information as
appropriate and is committed to ensuring that employees and
partners receive the care they need.
Safety is a top priority at GMIN. The Corporation is committed
to understanding the circumstances surrounding this incident to
enhance its safety protocols and ensure the well-being of all
employees and contractors. As the incident occurred in an isolated
area of the site, it did not impact the broader operations, and the
site remains open.
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 Gold Mine ("TZ") in Brazil and Oko West Project in Guyana, both mining friendly and prospective
jurisdictions.
Additional Information
For further information on
GMIN, please visit the website at www.gmin.gold or contact:
Jessie
Liu-Ernsting
Vice President, Investor Relations and
Communications
647.728.4176
ir@gmin.gold
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 (i) the Corporation's
commitment to a thorough and transparent investigation, and to
enhance its safety protocols and ensure the well-being of all
employees and contractors; and (ii) more generally,
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 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. Such assumptions include, without
limitation, those relating to the price of gold and currency
exchange rates, 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 stated objectives for
Tocantinzinho and Oko West, 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.
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, 2024, for the financial
year ended December 31, 2023, 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.
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SOURCE G Mining Ventures Corp
