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G2 Goldfields Inc. Announces Drill Results Including 27m @ 5.22 g/t Au & 24m @ 6.9 g/t Au at OKO/AREMU
TORONTO, Nov. 20, 2019 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (TSXV: GTWO) (the “Company” or G2) announces initial results from its maiden drilling program at t
About this update from G2 Goldfields, Inc.
[{"type":"text","content":" TORONTO, Nov. 20, 2019 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (TSXV: GTWO) (the “Company” or G2) announces initial results from its maiden drilling program at the OKO/AREMU property, region 7, Guyana. Drill results to date have indicated significant and widespread gold mineralization over a 750 m strike length with current drilling attempting to expand the strike limits of mineralization beyond 1 km. Drilling has focused only on the OKO deformation zone (ODZ) (see press release dated November 8, 2019). Results are tabulated in Table 1. TABLE 1 DRILL HOLE FROM (m) TO (m) INTERVAL GRADE G/T (AU) OKD-01 63.0 90.0 27.0 5.2 including 65.0 71.00 6.0 15.8 OKD -01 105.0 109.0 4.0 4.4 OKD-02 7.0 31.8 23.3 0.5 OKD-02 36.0 82.0 43.6 1.4 including 59.0 62.0 3.0 4.6 OKD-03 43.5 67.5 24.0 6.9 including 46.5 58.5 12.0 13.8 OKD-04 85.0 92.0 7.0 1.8 including 87.9 89.8 1.8 6.2 OKD-05 40.5 72.0 31.5 2.9 including 59.8 68.0 8.2 9.1 OKD-06 24.0 39.0 15.0 1.1 including 33.3 36.0 2.7 5.8 OKD-07 81.0 101.0 20.0 2.8 including 93.1 94.8 1.7 30.8 OKD-07 146.0 167.0 21.0 2.1 including 160.3 163.0 2.7 15.8 OKD-08 21.00 27.00 6.0 1.5 including 21.00 22.50 1.5 5.2 OKD-09 49.50 60.00 10.5 1.9 including 51.70 54.00 2.3 7.8 Widths are drill indicated core length as insufficient drilling has been undertaken to determine true widths at this time. Average grades are calculated with un-capped gold assays, as insufficient drilling has been completed to determine capping levels for higher grade intercepts. Hole OKD-1, the “discovery hole”, returned a core length intersection of 27 m @ 5.22 g/t Au which includes high grade intercepts of 6 m @ 15.8 g/t Au as well as 2m @ 7.8 g/t Au. Hole OKD-2, returned 43.6 m @ 1.4 g/t Au, (including 3m @ 4.6 g/t Au). OKD-3 returned 24 m @ 6.9 g/t Au (including 12.0m @13.8 g/t Au) and OKD-7 intercepted 20 m @ 2.8 g/t Au (including 1.7 m @ 30.8 g/t Au), 21 m @ 2.1 g/t Au (including 2.7 m @ 15.8 g/t Au). These four holes collectively explored approximately 200 m of the OKO deformation zone. Drill holes OKD-4, ...