G2 Goldfields Unveils Major Gold Strikes in New Discovery Area
G2 Goldfields Discovers Promising Gold Mineralization
In an exciting turn of events, G2 Goldfields Inc. is making headlines with its ongoing drilling program in the New Oko Discovery Area, showcasing significant sulphide mineralization. The company has reported impressive assay results that highlight the potential of this largely unexplored area, located in the greater OKO-AREMU district.
Recent Drill Results
The latest drilling results reveal remarkable intercepts that indicate a wealth of gold resources, with notable highlights from multiple drill holes:
- Hole AMD18 returned 65m grading 1.5 g/t Au and an additional 9.7m at 3.1 g/t Au.
- Hole AMD23 also showed promising results with 52m grading 0.9 g/t Au.
- Another significant strike was recorded in Hole AMD25, which intercepted 70.5m grading 1.8 g/t Au.
The total strike length of the New Oko Discovery has now reached an impressive 630m, remaining open in all directions – a promising sign for future exploration.
Current and Future Drilling Efforts
G2 Goldfields has successfully completed 47 diamond drill holes, totaling 6,439 meters in the New Oko Discovery Area. The assay results from these ten diamond drill holes are part of an extensive exploration program that includes drilling well beyond initial expectations. The company is focusing on maximizing its drilling capacities by utilizing four active drill rigs along a fifteen-kilometer trend.
Exploration Strategy
Boaz Wade, Vice President of Exploration at G2, expressed enthusiasm regarding the ongoing project, stating that the company is keenly focused on the continuity of the mineralization down-dip and along the northeast strike. The indication of higher-grade mineralized shoots, which appear to plunge at depth, adds an exciting layer to the exploration efforts as G2 Goldfields plans the next phase of drilling.
Investing in New Opportunities
Each of the new drill holes not only expands the understanding of the current resource but also builds confidence in the potential of the New Oko Discovery Area. With additional drilling planned for new targets, including a recently identified gold-in-soil anomaly known as the RE Zone, G2 aims to sharpen its competitive edge in the mining sector
Significance of Mineral Resource Estimates
In March 2025, G2 Goldfields provided an updated Mineral Resource Estimate (MRE) for their Oko property in Guyana. The highlights from this MRE include:
- 513,500 oz. Au – Inferred contained within 3,473,000 tonnes at 4.60 g/t Au from the Oko Main Zone.
- 808,000 oz. Au – Indicated contained within 3,147,000 tonnes at 7.98 g/t Au from the same zone.
- For the Ghanie Zone: 1,024,500 oz. Au Inferred contained within 12,062,000 tonnes at 2.64 g/t Au.
- 663,400 oz. Au Indicated contained within 10,288,000 tonnes at 2.01 g/t Au.
This new estimate comes at a decisive time, as G2 Goldfields continues to push forward in its mission to unearth and develop gold deposits in the region.
Company Overview and Commitment to Exploration
G2 Goldfields has a powerful legacy in gold exploration, having been involved in discovering over 10 million ounces of gold in the Guiana Shield. This extraordinary track record positions the company strongly within the industry as they lead ongoing efforts to develop in an emerging gold district. The commitment to enhancing their resource base reflects a robust confidence in their exploration capabilities.
Continued Evolution of the Oko District
The Oko district has long been recognized as a rich alluvial goldfield, with modern exploration techniques revealing considerable untapped potential. As advances in exploration continue to guide G2 Goldfields, the company is primed for significant growth in the area.
Frequently Asked Questions
What are the key findings from the latest drilling campaign by G2 Goldfields?
The latest campaign revealed significant intercepts including 65m at 1.5 g/t Au, indicating a robust potential for gold resources in the New Oko area.
How does the New Oko Discovery impact G2 Goldfields' future?
The New Oko Discovery not only confirms existing mineral resources but also sets the stage for potential expansions, enhancing the company’s standing in the mining sector.
What is the significance of the updated Mineral Resource Estimate?
The updated MRE highlights substantial resources, showing G2 Goldfields’ strong potential to develop economically viable mining operations in the region.
What are G2 Goldfields' future plans in the RE Zone?
The company plans to commence initial drilling in the promising RE Zone, with results expected in the near future.
Who can I contact for more information about G2 Goldfields?
For more information, Jacqueline Wagenaar, VP of Investor Relations, can be contacted directly at +1.416.628.5904.
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