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G2 Goldfields Drilling Continues to Expand High-Grade Gold Resource at OKO
Drilling intersects new gold mineralisation south of existing pit shells, including a high-grade ...
About this update from G2 Goldfields, Inc.
[{"type":"text","content":"G2 Goldfields Drilling Continues to Expand High-Grade Gold Resource at OKO\nDrilling intersects new gold mineralisation south of existing pit shells, including a high-grade intercept of 39.3 g/t Au over 2.7m and 2.1 g/t Au over 30m.Significant gold mineralisation intercepted down-plunge of current gold resource including 4.0 g/t Au over 23.5m within 2.4 g/t Au over 50m.Major drill program initiated with five rigs committed to expanding gold zones.Greenfields exploration ongoing with assays pending from new target areas. TORONTO, Jan. 06, 2026 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSX: GTWO; OTCQX: GUYGF) is pleased to announce new assay results from the Company’s ongoing diamond drill program at the OKO Project, Guyana (“OKO” or the “Project”). In December 2025, G2 released key findings from an independent Preliminary Economic Assessment (“PEA”) [see press release dated December 18, 2025]. The PEA outlined a combined open pit and underground operation with a 14-year mine life with total gold production estimated at 3.2 million ounces at all-in sustaining costs¹ (“AISC”) of US$1,191 per ounce. Gold production is estimated at 298,000 ounces per annum during years 3 through 10. The OKO gold project will contribute significantly to Guyana’s economy through payments of royalties, taxes, and employment opportunities. Assay results are reported hereunder for 16 new diamond drill holes totalling 5,997 metres (“m”). Highlights of the results are compiled in Table 1, with a complete table of results available here. Table 1 – Highlights of Drilling Results: Border/Ghanie Gold Zones DRILLHOLE FROM(METRES)TO(METRES)INT.(METRES)GRADE(G/T AU)GRADE xDH WIDTH       GDD247 58.588.530.02.161.8       GDD251A 151.0161.510.52.627.6GDD251A 222.5242.019.52.344.9GDD251A 268.4290.722.31.123.5       GDD256A² 862.0912.050.02.4120.4Incl. 862.0885.523.54.095.0       GDD258 185.5188.22.739.3106.6       GDD260² 533.0538.05.05.527.3       GDD26...