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G2 Drills 43m @ 1.9 g/t Au & 51m @ 1.2 g/t Au in New Discovery Zone

TORONTO, April 01, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“ G2 ” or t...

articleG2 Goldfields, Inc.April 1, 20253/company/g2-goldfields-inc/news/g2-drills-43m-19-gt-au-and-51m-12-gt-au-in-new-discovery-zone
G2 Drills 43m @ 1.9 g/t Au & 51m @ 1.2 g/t Au in New Discovery Zone

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[{"type":"text","content":"G2 Drills 43m @ 1.9 g/t Au & 51m @ 1.2 g/t Au in New Discovery Zone\n\n\n\n TORONTO, April 01, 2025 (GLOBE NEWSWIRE) --\n \n G2 Goldfields Inc.\n \n (“\n \n G2\n \n ” or the “\n \n Company\n \n ”) (TSX: GTWO; OTCQX: GUYGF) announces additional diamond drilling results further expanding on the Company’s new discovery at the OKO Project, Guyana. Drilling has encountered wide intersections of near-surface, oxidized gold mineralization. Significantly, this new discovery lies only several miles away from the Company’s flagship gold resources at the Oko Main Zone and Ghanie (comprised of\n \n 1.5 million ounces of gold\n \n\n Indicated\n \n and\n \n 1.6 million ounces of gold\n \n\n Inferred\n \n , respectively) and thus, may have a significant impact on the scale and economics of a potential mining complex. G2 holds an expansive portfolio of highly prospective gold projects in Guyana.\n \n\n The first eight holes of the new discovery (total meterage of 800) were announced by G2 in a press release dated March 18, 2025, and assay results from a further four holes (total meterage of 352.5) are reported hereunder. All holes intercepted significant mineralization. Highlights include Hole AMD 12 which returned\n \n 1.9 g/t Au over 43.7 meters\n \n including a high-grade intercept of\n \n 7.9 g/t Au over 7.5m\n \n . Significantly, the entire gold intercept in Hole AMD 12 lies within highly oxidized near surface saprolite. Additionally, Hole AMD 10 returned\n \n 1.2 g/t Au over 51.0 meters\n \n . All gold intercepts reported in Table 1 originate within 20 meters of surface.\n \n\n\n TABLE 1 – Assay Results\n \n\n\n\n\n HOLE ID\n \n\n FROM\n \n\n TO\n \n\n INT (M)\n \n\n AU (G/T)\n \n\n COMMENT\n \n\n\n\n AMD 9\n \n\n 32.0\n \n\n 40.5\n \n\n 8.5\n \n\n 4.7\n \n\n hard rock\n \n\n\n\n\n Incl.\n \n\n\n\n 33.3\n \n\n\n\n 36.0\n \n\n\n\n 2.7\n \n\n\n\n 13.0\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n AMD 10\n \n\n 15.0\n \n\n 66.0\n \n\n\n 51.0\n \n\n\n\n 1.2\n \n\n\n oxides to 57m downhole\n \n\n\n\n\n Incl.\n \n\n\n\n 27.0\n \n\n\n\n 34.5\n \n\n\n\n 7.5\n \n\n\n\n 3.4\n \n\n\n oxides\n \n\n\n\n And\n \n\n 60.0\n \n\n 64.5\n \n\n 4.5\n \n\n 2.4\n \n\n hard rock\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n AMD 11\n \n\n 33.0\n \n\n 54.0\n \n\n 21.0\n \n\n 1.5\n \n\n oxides\n \n\n\n\n AMD 11\n \n\n 69.5\...

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