G Mining Ventures to Acquire the CentroGold Project from BHP

GMIN to acquire the CentroGold Project in Brazil's prospective Gurupi Gold Belt from BHP CentroGold contains 1.7 million ounces of indicated and 0.6 million ounces of inferred JORC-compliant gold resource that is open for expansion in all directions and at depth District-scale land package comprises 47 tenements covering ~1,900 km 2 and offers potential for multiple new discoveries CentroGold to provide long-term growth following Tocantinzinho ramp-up and Oko West development Accretive transaction adds to GMIN's project pipeline with no upfront cost BROSSARD, QC , Sept.

9, 2024 /PRNewswire/ - G Mining Ventures Corp. (" GMIN " or the " Corporation ") (TSX: GMIN) (OTCQX: GMINF ) is pleased to announce that it has entered into a purchase and sale agreement to acquire tenements in the Gurupi Gold Belt from wholly-owned subsidiaries of BHP Group Limited (" BHP ") (ASX: BHP, NYSE: BHP , LSE: BHP, JSE: BHG). This includes the CentroGold Project (" CentroGold " or the " Project ").



In consideration for the acquisition, GMIN will grant BHP a 1.0% NSR royalty on the first 1 million ounces of gold produced at the tenements and a 1.5% NSR royalty on gold production thereafter (the " Transaction ").

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