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G2 Extends High Grade Gold Mineralization at Oko: OKD-54 intersects 6.7 m @ 10.5 g/t Au & 3.2 m @ 8.4 g/t Au
TORONTO, Aug. 11, 2020 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (TSXV: GTWO) (the “Company” or “G2”) is pleased to announce multiple high-grade drilling intercept
About this update from G2 Goldfields, Inc.
[{"type":"text","content":" TORONTO, Aug. 11, 2020 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (TSXV: GTWO) (the “Company” or “G2”) is pleased to announce multiple high-grade drilling intercepts from the Company’s ongoing drilling program at the 19,200-acre Oko-Aremu property, Region 7, Guyana. G2 Goldfields has completed 63 diamond drill holes to date, totalling 13,971 metres. Drilling has shown that within the Oko mine area, high-grade gold mineralization is hosted in (i) shallow, north plunging zones, and (ii) in steeply dipping limbs of tightly folded carbonaceous sediments. The Company emphasizes that only a small part of the property has been drilled to date, with drilling imminent on significant new zones, including the 4 km long Aremu Mine Zone. Oko Main Drilling Zone Diamond drilling has intercepted the best mineralized section to date with hole OKD-54 intercepting three zones of mineralization including 6.7 m @ 10.5 g/t Au, 3.2 m @ 8.4 g/t Au, and 10.1 m @ 2.1 g/t Au. This hole extended high-grade gold mineralization to 210 metres vertical depth, 95 metres down dip from previously reported hole OK-35 (25 m @ 2.2 g/t Au and 4.8 m @ 10.6 g/t Au. See press release dated May 26, 2020). OKD-54 is situated on the northernmost section of the 750-metre-long Oko Main Zone, with mineralization remaining open to the north and south. A cross-section of holes OKD-54 and OKD-35 is displayed as Figure 1 or available at the following link: Click Here. Highlights of six most recent drill results are available in Table 1 or at the following link https://g2goldfields.com/wp-content/uploads/2020/08/PRAugust_Table1.pdf. A list of completed drill hole locations is available at the following link https://g2goldfields.com/wp-content/uploads/2020/07/DrillHoleLocations.pdf. Table 1 HOLE FROM (m) TO (m) INTERVAL (m) GRADE (g/t Au) OKD-49 57.1 59.0 2.0 1.0 77.1 77.5 0.4 2.0 157.9 160.5 2.7 2.2 OKD-50 100.0 107.0 7.0 0.4 47.1 50.0 2.9 2.7 OKD-51 122.0 122.4 0.4 13.3 181.6 182.7 1.1 2.6 OKD-52 146.7 153.5 6.8 2.7 Incl. 151.5 153.1 1.6 6.8 OKD-52 283.4 285.0 1.6 6.9 Incl. 283.4 284.1 0.7 15.3 OKD-53 59.0 60.9 1.9 6.0 OKD-54 135.0 141.0 6.0 2.4 149.0 159.1 10.1 2.1 Incl...