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G2 Gold Drills Multiple High Grade Gold Intercepts at OKO
TORONTO, Dec. 08, 2021 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSXV: GTWO; OTCQX: GUYGF) announces diamond drilling has intersected visi
About this update from G2 Goldfields, Inc.
[{"type":"text","content":" TORONTO, Dec. 08, 2021 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSXV: GTWO; OTCQX: GUYGF) announces diamond drilling has intersected visible gold in multiple holes at the Company’s 19,200-acre OKO project, Guyana. To date, the Company has completed 102 diamond drill holes totalling 25,111 metres and has two rigs turning 24/7. Drilling has partially defined at least five parallel shear zones at the Oko Main Zone (OMZ), with gold mineralization encountered over a total strike length of approximately 900 metres and vertical depths of approximately 400 metres. Gold mineralization at OKO presents as visible gold within sheared quartz veins in carbonaceous sediments. The mineralized shears strike north-south, dip steeply to the east, and are continuous for hundreds of metres along strike, down dip, and down plunge. Visible gold is common at the OMZ with 64 of 102 holes logged to date containing coarse visible gold. OKO Main Zone Drill Plan: G2 Goldfields Inc. The Company is reporting herein the results for seven additional holes, OKD-78 through OKD-85 inclusive. The highlights are as follows: • OKD-81 8.8 g/t Au over 6.2 metres • OKD-84 23.6 g/t Au over 3.9 metres • OKD-85 and 9.1 g/t Au over 6.6 metres28.4 g/t Au over 5.0 metres Assay intervals reported are core lengths, true widths for the highlights vary between 3.4 and 5.6 metres. A full list of assay results is available at the following link https://g2goldfields.com/wp-content/uploads/2021/12/08DEC21TABLE1.pdf. Discussion OKD-81The upper intercept of 8.8 g/t Au over 6.2 m is 72 metres vertically below surface and is the most southern intercept in Shear 3 to date (which remains open in all directions). The lower intercept of 2.5 m @ 12.45 g/t Au in Shear 5 is 194 metres vertically below surface and lies 45 metres south of the OKD-46 intercept of 0.7 m @ 33.7 g/t Au. Shear 5 remains open in all directions and has returned some of the richest intercepts to date at OKO. OKD-84This hole targets the up-dip projection of the Shear 5 intercept of OKD-74 (15.9 g/t Au over 6.8 m). OKD-84 intercepted Shear 5, 65 metres above the OKD-73 intercept and returned 23.6 g/t Au over 3.6 metres at a vertical depth of 103 metres. This hole is the shallowest mineralized pierce point in Shear 5 to date. OKD-85OKD-85 successfully targeted Sh...