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G2 Goldfields Drills 11.3 metres grading 9.25 g/t Au at Oko Property, Guyana
TORONTO, June 10, 2021 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (TSXV: GTWO; OTCQX: GUYGF) (the “Company” or “G2”) is pleased to announce additional assay results
About this update from G2 Goldfields, Inc.
[{"type":"text","content":" TORONTO, June 10, 2021 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (TSXV: GTWO; OTCQX: GUYGF) (the “Company” or “G2”) is pleased to announce additional assay results from the Company’s ongoing exploration program at the 19,200-acre Oko Property, Guyana. Since the resumption of drilling on March 12, 2021, G2 has drilled an additional sixteen diamond drill holes totalling 4,412 metres. Results from the first two holes, OKD-65 and 66, were reported in a press release dated May 6, 2021, and results for an additional two holes, OKD-67 and 68, are reported hereunder. Drilling continues to intercept high-grade gold mineralization - with diamond drilling thus far defining at least five distinct mineralized shear zones within a 900-metre-long mineralized envelope. Diamond drill hole OKD – 67 targeted the southern extension of the zone associated with shear #5 intercepted in hole OKD – 66 (6.5 metres grading 15.3 g/t Au, see May 6 press release). Hole OKD – 67 successfully intercepted the zone approximately 70 metres south of the OKD – 66 intercept and returned 9.25 g/t Au over a core length of 11.3 metres (10.1 metres true width). Additionally, OKD – 68 was drilled to target the southern and deeper extension of shear #3 where drill hole OKD-54 returned 10.5 g/t Au over 6.7 m (OKD – 54 see press release dated August 11, 2020). Hole OKD – 68 returned 10.2 g/t Au over 3.8 metres (2.7 metres true width). This intercept lies approximately 80 metres deeper and 50 metres south of the OKD – 54 intercepts. All 2021 diamond drill results are summarized in the table below. TABLE 1 Hole Number Location EOH Depth (m) Azimuth Dip From To Length (m) Grade (Au g/t) Comment Easting Northing RL OKD-65 272519 704419 137 332 268 -55 92.0 96.5 4.5 1.0 Shear 1 150.1 150.6 0.5 0.4 Shear 2 214.0 219.0 5.0 19.0 Shear 3 224.2 225.9 1.7 2.7 Shear 3 275.0 281.5 6.5 12.9 Shear 4 OKD-66 272547 704412 138 533 267 -58 111.9 122.4 10.5 0.6 Shear 1 179.2 183.8 4.7 0.9 Shear 2 242.8 244.5 1.7 33.3 Shear 3...