G2 Goldfields Inc. (TSXV:GTWO) continues to grow the new Ghanie Zone with its ongoing exploration programme at the 19,200-acre OKO Project, Guyana.
Drilling and trenching have expanded the Ghanie Zone to a strike length of one km as shallow drilling has consistently intercepted near surface gold mineralization.
Additionally, recent assay results from mechanical trenching in the northern end of the target area demonstrate the zone remains open to the north and follow up drilling is currently ongoing.
To date G2 has completed 55 diamond drill holes totalling 7,867m at the Ghanie Discovery.
Highlights of the current round of results include:
- Hole GDD-21 returned 2.3g/t Au over 44.5m (25.5 – 70m)
- This hole is a 33m step out to the north of GDD-18 which intercepted 2.2g/t Au over 25m
- Hole GDD-26 intercepted 4.1g/t Au over 26.5m (84.5 – 111m)
This hole targeted the down-dip extension 31m below hole GDD-19 (2.0g/t over 28.6m)
- Hole GDD-30 returned 7.3g/t Au over 16.5m (105.5m – 125m)
- GDD-30 is one of the deepest holes drilled to date at Ghanie and demonstrates the down-plunge continuity of high grade intercepted in GDD-10 (5.1g/t over 26.6m)
Significantly, all the mineralized intercepts lie within 100m of surface with all areas remaining open to depth, as well as to the north. Within the broader zone of near surface mineralization, several areas show potential for higher grade gold at depth.
Additionally, trenching 170m north of the most northerly drill hole released to date (GDD-23) has exposed a mineralized shear zone in which continuous channel samples have returned 1.1g/t Au over 50m, suggesting the possibility of further near surface gold mineralization.
The company believes the deeper high-grade intercepts at the Ghanie discovery as well as the trenching results to the north suggest there is considerable potential to expand the discovery to depth and along strike.
G2 currently has active exploration programmes throughout the southern part of the 19,200-acre property and will be systematically drill testing several new areas over the coming months. This fully funded program will include OKO EAST as well as numerous high priority targets to the north of the OKO MAIN resource.
“G2 Gold remains very much a growth story, with the Ghanie discovery shaping up to become a potentially significant new resource for the company. We also look forward to drilling new targets within the district in the coming months,” CEO, Dan Noone, said.
For further information please visit: https://g2goldfields.com/
