| Announcement Date: | 2022-10-18 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | G Mining Ventures Corp. |
| Project name: | Tocantinzinho |
| Location: | Brazil |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 279.8m at 1.48g/t Au from 181m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | BROSSARD, QC, October 18, 2022 – G Mining Ventures Corp. (“GMIN” or the “Corporation”) (TSXV: GMIN) (OTCQX: GMINF) is pleased to announce results from its recently concluded delineation core drilling program at its 100%-owned Tocantinzinho Gold Project (“TZ” or the “Project”), located in the State of Pará, Brazil. The campaign has successfully confirmed the continuity of higher-grade gold in the main pit area, confirmed that the mineralization extends below the existing pit shell, and increased the definition of areas to be mined during pre-production. Highlights of recent results are outlined below, where all intercepts are presented as calculated true width, unless stated otherwise The Tocantinzinho deposit consists of a vein stockwork system within a variably altered granite, named Smoky and Salami granite in reference to their colors. The deposit is sub-vertical, southeast trending with excellent grade continuity over approximately 900m in strike-length, 150 to 200m widths and vertical extents up to 400m. A total of 6,234m has been drilled this year at the deposit, with the principal objective to delineate the first years of production while testing the near surface limit of the tailings, saprolite and unit contacts (Figure 1). Out of the 28 drillholes, 9 have assays pending, 13 presented here have significant intercepts and the last 6 aimed to define |
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