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G2 Goldfields Inc.

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Summary

Project:

Oko/Aremu

Deposit:Oko/Aremu
Location:Guyana
Commodities:Gold
Date:4/23/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:23-4-2020: G2 Goldfields Inc. announces an Exploration/Drilling Update report for its Oko/Aremu deposit at the Oko/Aremu project. Drilling results incl. 2.7m @ 49g/t Au from 205m. TORONTO, April 23, 2020, (Globe Newswire) - G2 Goldfields Inc. (TSXV: GTWO)
Resources:x
CP/QP:[Overall Report]: Dan Noone (Internal)
ABSTRACT:TORONTO, April 23, 2020, (Globe Newswire) - G2 Goldfields Inc. (TSXV: GTWO) (the “Company” or “G2”) announces further high-grade intercepts from the Oko-Aremu project, Guyana. The 19,200-acre property contains multiple areas of mineralization, the most prominent of which include the Aremu Mine Zone (AMZ) and the Oko Deformation Zone (ODZ). Hole OKD – 29 is the deepest hole drilled to date in the ODZ and has encountered multiple zones of high-grade gold mineralization. OKD – 29 was designed to explore beneath previously reported holes OKD – 3 (12m @ 13.8 g/t Au), OKD – 7 (1.7m @ 30.8 g/t Au and 2.7m @ 15.8 g/t Au), OKD – 22 (2.5 m @ 11.8 g/t Au and 1.0 m @ 24 g/t Au) and OKD – 23 (2.8 m @ 14.8 g/t Au). OKD - 29 intercepted two significant zones of high-grade mineralization. A plan view map and cross section of hole OKD – 29 are displayed below as Figure 1 and 2 respectively and are also available at the following link https://g2goldfields.com/wpcontent/uploads/2020/04/Figure1Figure2.pdf. (Reported widths are down hole widths and G2 estimates the true horizontal width of gold mineralization in hole OKD – 29 to be 75 – 80 % of the reported width).

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