Reunion, G Mining Ventures in deal for Region Seven gold mine

Louis Gignac

-leading figures from former Omai Gold Mines Ltd have role

Reunion Gold Corporation (RGD) of Canada and G Mining Ventures (GMIN) have struck a deal for gold mining in Oko West in Region Seven.

The deal will see participation from several leading figures from the former Omai Gold Mines Limited (OGML) which extracted the precious metal over a number of years at its mine site near the Omai Creek.

​A press release yesterday from the two companies said that through the transaction, GMIN will acquire RGD’s flagship Oko West Project in the Cuyuni/Mazaruni, described as one of the most attractive mining jurisdictions on the continent.

“Oko West has emerged as a globally significant gold discovery over the last few years, with excellent potential to become a top tier deposit that could support a large, long-life mine complex to accelerate GMIN’s vision of building a leading intermediate gold producer. The GMIN team, including through the Gignac Family-owned G Mining Services (GMS), has an impressive track-record of executing world-class projects in the Guiana Shield region to generate industry leading returns for its stakeholders”, the release said.