| Announcement Date: | 2022-03-22 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | G2 Goldfields Inc. |
| Project name: | Oko/Aremu |
| Location: | Guyana |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 7.4m @ 52.7g/t Au from 297.3m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | TORONTO, March 22, 2022 (GLOBE NEWSWIRE) — G2 Goldfields Inc. (“G2” or the “Company”) (TSXV: GTWO; OTCQX: GUYGF) continues to intersect some of the best diamond drill holes to date at the 19,200-acre OKO Project, Guyana. The Company has completed 116 diamond drill holes at the Oko Main Zone (OMZ) and expects to deliver a maiden resource estimate for the project in mid-April. G2 controls over 17 kilometres of highly prospective ground in this emerging district and has identified seven areas outside the OMZ for further exploration work including geochemistry, geological mapping, geophysics, and diamond drilling. Highlights from the current round of drilling at the OMZ includeThe recent drilling results further reveal the exceedingly high-grade nature of the OMZ deposit and demonstrate the level of accuracy in the Company’s geological model to date. The following results instil confidence in the continuity of mineralization which the Company consistently hit throughout its maiden drilling campaign. During the ongoing program, approximately 70% of reported holes have contained coarse |
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