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G2 Goldfields Drills Best Holes to Date in New OKO Surface Discovery
Drilling intersects broad zones of high-grade gold mineralization down plunge of original Discovery Zone High grade intersections include: AMD30 – 5.9 g/t Au ov
About this update from G2 Goldfields, Inc.
[{"type":"text","content":" Drilling intersects broad zones of high-grade gold mineralization down plunge of original Discovery Zone High grade intersections include: AMD30 – 5.9 g/t Au over 60 metres (m) including 9.3 g/t Au over 22.5m AMD50 – 2.2 g/t Au over 99.9m including 5.5 g/t Au over 25.5m AMD37 – 3.0 g/t Au over 51.0m including 6.3 g/t Au over 10.5m Five drill rigs active in the Discovery Area Updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) anticipated in Q4 2025 TORONTO, July 15, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSX: GTWO; OTCQX: GUYGF) announces new assay results from the Company’s ongoing drilling program in the greater OKO-AREMU district, Guyana. G2 currently holds exploration rights to 83,967 acres in the district and the New Oko Discovery Area represents the third significant gold discovery on the Company’s holdings. Drill results within this release are part of an ongoing program from a new discovery initially announced in March (see press releases dated March 18, April 1, April 28 and June 9, 2025, available on SEDAR+ and the Company’s website) which lies 10km north of its existing gold resources at the Oko-Ghanie Deposit (1.5 million ounces indicated at 3.40 g/t Au and 1.6 million ounces inferred at 2.48 g/t Au). Multiple gold targets have been delineated north of existing resources along a 15km trend. Figure 1 — Plan View of District Target Areas G2 has completed 69 diamond drill holes totalling 13,239m in the New Oko Discovery Area, where 56 of these holes targeted the ‘Main Shear’. This release provides assay results for 25 drill holes (AMD26 to AMD50 inclusive) totalling 4,113m, of which, 17 holes targeted the Main Shear Zone. Complete results for all 25 holes are available here and results for the holes targeting the Main Shear are contained within Table 1 below. Table 1 – Select Assay Results from New OKO Discovery DRILL HOLE FROM (METRES) TO (METRES) INT. (METRES) GRADE (G/T AU) GRADE X DH WIDTH AMD26 No significant intercept. AMD27 77.0 80.0 3.0 1.0 2.9 AMD27 90.5 93.5 3.0 3.4 10.1 AMD29 23.5 34.0 10.5 0.6 6.7 AMD30 80.5 82.0 1.5 1.8 2.7 AMD30 90.0 150.0 60.0 5.9 351.2 INCL. 127.5 150.0 22.5 9.3 209.0 AMD3...