G2 Goldfields Inc. (TSXV: GTWO; OTCQX: GUYGF) has received additional high-grade gold assays from multiple drill holes at its 19-200-acre OKO project, Guyana.
The company has completed 116 holes totalling 28,808 metres to date.
G2 controls over 17 km of highly prospective ground in this emerging district including the Ghanie, OKO N.W., and Amsterdam zones as well as the past producing Peters, Jubilee, and Aremu Mines.
Highlights from the current round of results include the following intercepts:
• Hole OKD-103 – 8.2 g/t Au over 14.3 m (from 433.0 m)
• Hole OKD-106 – 8.5 g/t Au over 15.5 m (from 133.5 m)
• Hole OKD-109 – 7.0 g/t Au over 7.3 m from 108.2m, and 8.9 g/t Au over 5.6 m (from 197.4 m), and 14.6 g/t Au over 9.5 m (from 252.0 m)
• Hole OKD-110 – 16.4 g/t Au over 5.0 m (from 101.0 m), and 74.8 g/t Au over 6.4 m (from 193.0 m)
CEO, Dan Noone, said the recent drilling results continue to demonstrate the high-grade nature of the OKO deposit and give further confidence to the continuity of high-grade gold reported in earlier news releases.
Importantly, the depth of mineralisation is enhanced by hole OKD-103 which intercepted Shear Zone 3 at a vertical depth of 396 m, returning 8.2 g/t Au over 14.3 m (more than 140 m below the previously reported intersection).
Hole OKD-106 (8.5 g/t Au over 15.5m) successfully extended the known footprint of high-grade gold in Shear Zone 5.
Hole OKD-109, with its three significant intercepts within a 150 m core length, demonstrates the robust nature of the OKO trend across shears 3, 4, and 5.
Additionally, OKD-110 is one of the best holes drilled to date at OKO with the upper section of 16.4 g/t Au over 5m confirming gold mineralisation in Shear 4. This mineralisation was previously intercepted in holes OKD-90 (4.5m @ 31.5 g/t Au) and OKD-77 (1.9m @ 335.4 g/t Au).
The lower section of OKD-110 returned 6.4m @ 74.8 g/t Au and lies 68m south of OKD-75 (2.5m @ 9.7 g/t Au), illustrating the very high-grade nature of the Shear 5 Zone.
“This current group of results bodes very well for G2’s maiden resource calculation which will be published before month’s end,” Mr Noone said.
“We view this initial maiden estimate as one of the several that the Company will publish over the coming months and years as drilling continues to expand the OKO Main Zone.
“Significantly, G2 has now initiated regional drilling programmes to explore the established 17 km OKO-AREMU trend.
“In the upcoming weeks and months, G2 will be drilling targets at OKO N.W., Jubilee, and Peters Mine which the company believes to host significant gold mineralisation.”
For further information please visit: https://g2goldfields.com/
