For thousands of other reports visit RSC's Mineral Intellingence Map
G2 Goldfields Inc.
Summary
| Project: | Oko/Aremu | |
|---|---|---|
| Deposit: | Oko/Aremu | |
| Location: | Guyana | |
| Commodities: | Gold | |
| Date: | 11/20/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-11-2019: G2 Goldfields Inc. announces an Exploration/Drilling Update report for its Oko/Aremu deposit at the Oko/Aremu project. Drilling results incl. 24.0m @ 6.9g/t Au from 43.5m. TORONTO, Nov. 20, 2019 -- G2 Goldfields Inc. (TSXV: GTWO) (the “Company | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Dan Noone (Internal) | |
| ABSTRACT: | TORONTO, Nov. 20, 2019 -- 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. 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, OKD-5 and OKD-6 were designed to investigate an area approximately 250 m further south of the discovery. Hole OKD-4 returned 7 m @ 1.8 g/t Au ( including 1.7m @30.8 g/t Au OKD-5 intercepted 31.5 m @ 2.9 g/t Au (including 8.2 m @ 9.1 g/t Au) and OKD-6 returned 15 m @ 1.1 g/t Au (including 2.7 m @ 5.8 g/t Au) These are the most southerly holes drilled to date in the ODZ, and further drilling is planned for this area. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report