Q3 and Q4 2023 Corporate Highlights slide image

Q3 and Q4 2023 Corporate Highlights

Future Cash Flow Opportunities Retained Exposure to Tocantinzinho (TZ) Project $ G Mining Ventures (GMIN-TSX) (Tocantinzinho) ~18% equity ownership of G Mining • TZ Feasibility Study (1) Highlights • • • Market cap C$770M (Jan. 15, 2024) Graduated from TSXV to TSX on January 11, 2024(2) Deferred cash payment to Eldorado of $60M will be paid on the first anniversary of TZ commercial production G Mining has the option to defer 50% (at a cost of $5M), in which case US$30M is payable on the 1st anniversary of TZ commercial production, and US$35M is payable on the 2nd anniversary Project remains on track and on budget for commercial production in H2 2024 • • After-tax NPV 5% of $622 million and after-tax IRR of 24% at $1,600/oz gold price LOM of 10.5 years with average annual gold production of 174,700 ounces at AISC of $681/oz Initial capital cost of $458 million • Total project is 76% complete (3) • Construction is 73% complete(3) • 193km powerline construction completed and energized ahead of schedule (1) eldorado gold (2) G Mining Ventures Corp. published a Feasibility Study for the TZ Project on February 9, 2022 (LINK) As per G Mining Ventures Corp. press release dated January 8, 2024 (3) As per G Mining Ventures Corp. investor presentation dated January 14, 2024 (LINK) Obidos Santarem Itaituba TOCANTINZINHO PROJECT Jacareacanga 163) Tocantinzinho Project Pará, Brazil Tocantinzinho Mining Claims Highway Belem Braganca Breves Tucurui Maraba Abaetetuba Source: G Mining Ventures VRIFY: LINK Conceicao do Araguaia 100 200 300 km WGS 84, Mercator 43
View entire presentation