Tocantinzinho is a permitted, high-grade open pit gold deposit in the Tapajos district in Para state, Brazil operated by G Mining that has an expected mine life of 10.5 years with an estimated annual gold production of 196 Koz over the first five years at a $666 per ounce cash cost and a target for production of H2-2024. Construction is ongoing. Recent exploration has identifified a new target called Deja Vu, 12km west of the TZ pit. TZ is open at depth and down plunge where exploration below the pit included significant intercepts of 1.26 g/t gold over 39.5 meters and 2.45 g/t gold over 60 meters.
Interest: 0.75% GVR Royalty
Location: Para State, Brazil
Project Status: Development
Counterparty: G Mining Ventures