- G2 Goldfields (GTWO) continues to expand and define high grade gold mineralization at its 77.6 sq. km. OKO project
- The company has completed 131 diamond drill holes to date
- DDH OKD-120 pierced the northern part of Shear Zone 3 and adds confidence to the high-grade nature of this zone
- G2 Goldfields Inc. (GTWO) is down 1.35 per cent, trading at C$0.73 per share at 10:30 am ET
G2 Goldfields (GTWO) continues to expand and define high grade gold mineralization at its 77.6 sq. km. OKO project.
Drilling is focussing on expanding and further defining the company’s initial resource estimate of 974,000 oz (at 9.25 g/t Au) inferred, and 220,000 oz (at 8.63 g/t Au) indicate.
The company has completed 131 diamond drill holes to date.
Highlights:
- Hole OKD-120 9.5 g/t Au over 7.8 metres (from 174.2 metres)
- Hole OKD-121 12.7 g/t Au over 6.0 metres (from 305.8 metres) and 58.0 g/t Au over 3.7 m (from 467.1 metres)
- Hole OKD-123 7.0 g/t Au over 9.6 metres (from 317.5 metres)
DDH OKD-120 pierced the northern part of Shear Zone 3 and adds confidence to the high-grade nature of this zone.
DDH OKD-121 provides further evidence of the high-grade shoots within Shear 3.
DDH OKD-123 confirms the continuity of mineralization which remains open to depth.
The company intends to release an updated resource estimate in Q1 2023.
G2 Goldfields Inc is a Canada-based company engaged in acquiring and exploring mineral properties. The company’s project portfolio includes Sandy Lake Gold Project in Canada, Aremu / Oko Gold Project in Guyana, and Peters Mine in Guyana.
G2 Goldfields Inc. (GTWO) is down 1.35 per cent, trading at C$0.73 per share at 10:30 am ET.
