G Mining Ventures Reports Second Quarter 2026 Results – Strong Quarterly Free Cash Flow Reflects Solid Operational Performance

BROSSARD, Quebec, Aug. 12, 2026 (GLOBE NEWSWIRE) — G Mining Ventures Corp. (“ GMIN ” or the “ Corporation ”) (TSX: GMIN, OTCQX: GMINF) today reported its financial and operating results for the second quarter ended June 30, 2026. Unless otherwise indicated, all dollar amounts are in U.S. dollars.

Our project pipeline continues to advance rapidly. At Oko, construction continues to advance on schedule and on budget, keeping us firmly on the path toward first gold pour in the second half of 2027, and Gurupi’s development roadmap continues to take shape. The acquisition of G2 Goldfields Inc. (“ G2 ”) consolidates the Oko district into a globally significant tier-one gold mining complex in a world class geological district.

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Gold Production and Gold Sales During Q2 2026, the Corporation sold 37,439 ounces of gold, consisting of 32,673 ounces sold into the spot market and 4,766 ounces delivered into the gold stream. Gold production in the second quarter was higher than planned, driven by a higher-grade sequence and stable mill performance. Gold recoveries in the mill improved to 91.9% in the quarter, up from 90.3% in Q1 2026. Plant feed grades averaged 1.23 grams per tonne (g/t) gold during the quarter, up from 1.03 g/t in Q1 2026

For the first six months of 2026, total gold sales were 71,215 ounces, comprised of 61,214 ounces sold into the spot market and 10,001 ounces delivered into the gold stream. Gold production in 2026 was in line with the planned processing of lower-grade ore in the first half of the year as mining focused on accelerated waste stripping and pit advancement to access higher-grade Phase 2 mineralization.