| Announcement Date: | 2022-09-19 |
|---|---|
| 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. 3.7m at 58g/t Au from 647.1m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | TORONTO, Sep. 19, 2022 (GLOBE NEWSWIRE) — G2 Goldfields Inc. (“G2” or the “Company”) (TSXV: GTWO; OTCQX: GUYGF) continues to expand and define high grade gold mineralization at the Company’s 19,200-acre OKO project, Guyana. The Company has completed 131 diamond drill holes to date of which a further eight holes are reported herein. Drilling is focussing on expanding and further defining the Company’s initial resource estimate of 974,000 oz (@ 9.25 g/t Au) inferred and 220,000 oz (@ 8.63 g/t Au) indicated (see press release dated April 26, 2022). G2 Goldfields intends to release an updated resource estimate in Q1 2023. Highlights of the current drill results include the following A complete list of assay results from the current drilling is available here. Reported intercepts vary between 72% and 87% of the true widths of mineralization. Discussion DDH OKD-120 – 9.5 g/t Au over 7.8m This intercept pierced the northern part of Shear Zone 3 and adds confidence to the high-grade nature of this zone. |
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