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G2 Goldfields drills 1275 g/t Au over 0.8 m & 53 g/t Au over 5.7 m
TORONTO, Dec. 05, 2023 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSXV: GTWO; OTCQX: GUYGF) announces additional high grade gold intercepts
About this update from G2 Goldfields, Inc.
[{"type":"text","content":" TORONTO, Dec. 05, 2023 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSXV: GTWO; OTCQX: GUYGF) announces additional high grade gold intercepts from the Company’s ongoing drill program at the 19,200-acre OKO Project, Guyana. G2 currently has five diamond drill rigs operating on the project. Highlights from the current round of exploration results include: 13.0 g/t Au over 8.9 m (HOLE 180) AND 1275.1 g/t Au over 0.8 m 53.1 g/t Au over 5.7 m (HOLE 181W2) 36.8 g/t Au over 4.0 m (HOLE 181W2A) 5.6 g/t Au over 6.2 m (HOLE 182) AND 14.4 g/t Au over 3.6 m The intercepts reported are down-hole widths. True widths are estimated between 58% and 91% of reported down-hole widths. Weighted average grades are calculated based on un-capped gold assays, as insufficient drilling has been completed to determine capping limits for gold assays. A complete table of results is available here. The results reported herein provide G2 with further confidence in the continuity of gold mineralisation whilst expanding the mineralized zones down plunge. Shear 3 Drill Intercepts High grade gold zones in the Shear 3 structure appear to be hosted in distinct upper and lower zones. The Upper Zone was further defined by hole OKD-180 which intercepted 13.0 g/t Au over 8.9 m followed by an extensional quartz vein a further 6.6 m downhole which assayed 1275.1 g/t Au over 0.8 m (40.8 ounces per ton over 2.6 feet). Hole 182 expanded this Upper High-grade Zone a further 70 m down-plunge and returned 14.4 g/t Au over 3.6 metres. Hole OKD-181W2 expanded the Lower Zone Area of Shear 3 by intercepting 53.1 g/t Au over 5.7m (from 345.6 m downhole). This high-grade structure lies 65 m down-plunge of Hole 121 (12.7 g/t Au over 6.0 m). All of the Shear 3 zones remain open to depth. A long section of Shear 3 is available here. Shear 5 Extensions to Depth In Shear 5, OKD-181W2A intercepted 4.0m @ 36.8 g/t Au from 508m. This intercept lies 50 metres down-plunge from hole OKD-178 which returned 32 g/t Au over 6.7m (see press release dated September 11, 2023). The lower part (below 225 metres) of the Shear 5 high grade zone is now defined by 15 pierce points of which nine exceed 100 gram x metres of which two exceed 200 gram x metres. She...