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GCM Mining Announces Second Quarter 2022 Results Webcast

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GCM Mining Corp. (TSX: GCM, OTCQX: TPRFF) is set to release its second quarter and first half 2022 results on August 11, 2022, after market close. A conference call and webcast will take place on August 12, 2022, at 9:00 a.m. ET to discuss these results. GCM Mining is recognized as a mid-tier gold producer operating in Latin America, with a strong focus on high-grade gold and silver production in Colombia. In 2021, Segovia Operations produced 206,389 ounces of gold, and the company is advancing its Toroparu Project, expected to produce over 200,000 ounces annually starting in 2024.

Positive
  • Segovia Operations produced 206,389 ounces of gold in 2021.
  • Toroparu Project is fully funded and expected to start production in 2024, producing over 200,000 ounces of gold annually.
Negative
  • None.

TORONTO, Aug. 02, 2022 (GLOBE NEWSWIRE) -- GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that it will release its second quarter and first half 2022 results after market close on Thursday, August 11, 2022 and will host a conference call and webcast on Friday, August 12, 2022 at 9:00 a.m. Eastern Time to discuss the results.

Webcast and call-in details are as follows:

 Live Event link:https://edge.media-server.com/mmc/p/yswncieo
 Canada/ International Toll:1 (647) 484-8332 PIN: 19483475#
 Canada Toll Free:1 (866) 455-3403 PIN: 19483475#
 United States Toll:1 (404) 400-0571 PIN: 19483475#
 United States Toll Free:1 (866) 374-5140 PIN: 19483475#
 Colombia Toll:+57 601 485-0348 PIN: 19483475#
 Colombia Toll Free:+57 800 519-0788 PIN: 19483475#
 Conference ID:EV00136622
   

A replay of the webcast will be available at www.gcm-mining.com from Friday, August 12, 2022 until Friday, September 9, 2022.

About GCM Mining Corp.

GCM Mining is a mid-tier gold producer with a proven track record of mine building and operating in Latin America. In Colombia, the Company is a leading high-grade underground gold and silver producer with several mines in operation at its Segovia Operations. Segovia produced 206,389 ounces of gold in 2021. In Guyana, the Company is advancing its fully funded Toroparu Project, one of the largest undeveloped gold/copper projects in the Americas, which is expected to commence production of more than 200,000 ounces of gold annually in 2024. GCM Mining has equity interests in Aris Gold Corporation (~44%; TSX: ARIS; Colombia – Marmato, Soto Norte; Canada - Juby), Denarius Metals Corp. (~32%; TSX-V: DSLV; Spain – Lomero-Poyatos and Colombia – Guia Antigua, Zancudo) and Western Atlas Resources Inc. (~26%; TSX-V: WA: Nunavut – Meadowbank).

Additional information on GCM Mining can be found on its website at www.gcm-mining.com and by reviewing its profile on SEDAR at www.sedar.com.

Cautionary Statement on Forward-Looking Information:

This news release contains "forward-looking information", which may include, but is not limited to, statements with respect to timing for dissemination of second quarter and first half 2022 financial results and other anticipated business plans or strategies. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of GCM Mining to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risk Factors" in the Company's Annual Information Form dated as of March 31, 2022 which is available for view on SEDAR at www.sedar.com. Forward-looking statements contained herein are made as of the date of this press release and GCM Mining disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

For Further Information, Contact:
Mike Davies
Chief Financial Officer
(416) 360-4653
investorrelations@gcm-mining.com


FAQ

What are the key dates for GCM Mining's second quarter results?

GCM Mining will release its second quarter results on August 11, 2022, and discuss them in a conference call on August 12, 2022.

Where can I find GCM Mining's second quarter financial results?

GCM Mining's financial results will be available on their website after the release date, August 11, 2022.

What is GCM Mining's production output in 2021?

In 2021, GCM Mining's Segovia Operations produced 206,389 ounces of gold.

What is the Toroparu Project's significance for GCM Mining?

The Toroparu Project is expected to commence production in 2024, contributing over 200,000 ounces of gold annually.

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