Business
G2 Goldfields Files Technical Report for PEA and Updated MRE for the High-Grade Oko Gold Project
(All amounts are in US$) TORONTO, Feb. 02, 2026 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSX: GTWO; OTCQX: GUYGF) is pleased to announce an independent technical report entitled “NI 43-101 Technical Report for the Preliminary Economic Assessment (PEA) on the Oko Gold Project in the Co-operative Republic of Guyana, South America” (the “Technical Report”), with an effective date of December 8, 2025, has been filed under the Company’s profile on SEDAR+ at www.sedarplus.ca. Th
About this update from G2 Goldfields, Inc.
[{"type":"image","alt":"G2 Goldfields Inc.","displaySize":"","headline":null,"caption":"G2 Goldfields Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":76,"url":"https://media.zenfs.com/en/globenewswire.com/2ec14f782cf34a809451f2d1f232657f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Mmu0Xt8k3RVKC.s8MhtX4A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEwNjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/2ec14f782cf34a809451f2d1f232657f","width":300,"height":76}},"lazy":false},{"type":"text","content":"(All amounts are in US$)","length":24,"tagName":"p"},{"type":"text","content":"TORONTO, Feb. 02, 2026 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSX: GTWO; OTCQX: GUYGF) is pleased to announce an independent technical report entitled “NI 43-101 Technical Report for the Preliminary Economic Assessment (PEA) on the Oko Gold Project in the Co-operative Republic of Guyana, South America” (the “Technical Report”), with an effective date of December 8, 2025, has been filed under the Company’s profile on SEDAR+ at www.sedarplus.ca.","length":477,"tagName":"p"},{"type":"text","content":"The Technical Report supports the results of a preliminary economic analysis (“PEA”) and an updated mineral resource estimate (“MRE”) on the Company’s high-grade Oko Gold Project (“Oko” or the “Project”) announced by the Company on December 18, 2025, with highlights shown below.","length":279,"tagName":"p"},{"type":"text","content":"PEA Highlights:","length":15,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"High-grade updated resource: Underpinned by G2’s updated Mineral Resource Estimate, including 1.6 Moz Au at 3.24 g/t Au (Indicated) and 1.9 Moz Au at 3.31 g/t Au (Inferred).","length":173,"tagName":"p"}]},{"val":[{"type":"text","content":"Long life, significant production and industry-leading margins: 14-year LOM underground and open pit operation with average annual gold production of 282,000 ounces at AISC¹ of $1,175/oz Au from years 2 through 11.","length":214,"tagName":"p"}]},{"val":[{"type":"text","content":"Attractive capital profile: Initial capital expenditures of $664 million (including 20% contingency), sustaining capital expenditures¹ of $499 million over the LOM, and net mine closure costs of $29 million.","length":207,"tagName":"p"}]},{"val":[{"type":"text","content":"Rob...