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G2 Goldfields Inc.

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Summary

Project:

Oko/Aremu

Deposit:Oko/Aremu
Location:Guyana
Commodities:Gold
Date:7/14/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:14-7-2020: G2 Goldfields Inc. announces an Exploration/Drilling Update report for its Oko/Aremu deposit at the Oko/Aremu project. Drilling results incl. 2.5m @ 17.8g/t Au from 188m. TORONTO, July 14, 2020, (Globe Newswire) - G2 Goldfields Inc. (TSXV: GTWO
Resources:x
CP/QP:[Overall Report] Dan Noone (Internal)
ABSTRACT:TORONTO, July 14, 2020, (Globe Newswire) - G2 Goldfields Inc. (TSXV: GTWO) (the “Company” or “G2”) is pleased to announce multiple high-grade drilling intercepts from the Company’s ongoing drilling program at the 19,200-acre Oko-Aremu property, Region 7, Guyana. The Company has completed 63 diamond drill holes to date, totalling 13,971 metres. Drilling has demonstrated that within the Oko mine area high-grade gold mineralization is hosted in (i) shallow north plunging hinge zones, and (ii) in steeply dipping limbs of tightly folded carbonaceous sediments. Highlights of recent drilling in the main Oko zone include 17.8 g/t Au over 2.5 m (OKD – 46), 9.5 g/t Au over 4.4 m (OKD – 47), as well as 21.1 g/t Au over 2.1 m and 26.1 g/t Au over 1.6 m (OKD – 48). Significantly, a series of drill holes to the south of the main Oko zone have also encountered gold mineralization, with hole OKD – 37 intercepting multiple zones of mineralization including 7.6 g/t Au over 2.6 m. Recent drilling demonstrates that the limits of mineralization at Oko have yet to be defined. A list of completed drill hole locations is available at the following link https://g2goldfields.com/wp-content/uploads/2020/07/DrillHoleLocations.pdf.

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