G2 Goldfields Inc. announces that it has granted an aggregate of 1,100,000 options to a director, an officer, consultants and an employee of the Company with such options being exercisable at a price of $0.21 per share until March 11, 2023. 700,000 of the options vest as to one-quarter immediately and one-quarter after 6, 12 and 18 months respectively from the date of grant; and 400,000 of the options vest as to one-third [...]
G2 Goldfields Inc. announces that it has closed its previously announced non-brokered private placement financing, pursuant to which it has issued an aggregate of 6,750,000 units at a price of $0.20 per Unit for aggregate gross proceeds of $1,350,000.00 . Each Unit is comprised of one common share in the capital of the Corporation and one-half of one share purchase warrant. Each whole share purchase warrant is exercisable [...]
G2 Goldfields Inc. is pleased to announce new appointments made by the Board of Directors will serve to strengthen the G2 Board and core management team. Please see the relevant positions and appointees below. Patrick Sheridan, Chairman of the Board, remarks: “I am delighted to welcome new members of the Board and management team who each bring a wealth of knowledge and experience to our operations. These changes to [...]
G2 Goldfields Inc. is pleased to announce that it proposes to increase its previously announced non-brokered private placement financing, to now provide for the issuance of up to 6,825,000 units at a price of $0.20 per Unit to raise aggregate gross proceeds of up to $1,365,000.00 . Each Unit shall be comprised of one common share in the capital of the Corporation and one-half of one share purchase warrant. Each whole [...]
G2 Goldfields Inc. is pleased to announce it has been selected to exhibit core at the annual Prospectors & Developers Association of Canada Convention to be held March 1st – 4th in Toronto, Canada. G2 will be displaying high-grade gold core from it’s new discovery at the OKO–AREMU project in the Guiana Shield. Additionally, G2 announces that it has built an online gallery to showcase photographs of core [...]
G2 Goldfields Inc. is pleased to provide an update on the Company’s ongoing drilling project at the OKO property, Guyana. During 2019, G2 completed twenty drill holes totalling 3,179 meters. Modelling the results of the 2019 drill program showed a north – south trending zone of mineralization 1.1 km long and approximately sixty meters wide. A program of drill holes designed to test this model commenced on the [...]
G2 Goldfields Inc. announces that it has made an application to the TSX Venture Exchange to extend the term of its 5,000,000 existing share purchase warrants that would otherwise expire on February 28, 2020. Each Warrant is currently exercisable at $0.20 until February 28, 2020. G2 has made application to extend the term of the Warrants to February 28, 2021. The exercise price for the Warrants will remain the same. The [...]
G2 Goldfields Inc. announces additional drilling results from the OKO/AREMU project, region 7, Guyana. Drilling has continued to focus on the OKO deformation zone , where the Company announced the discovery of high-grade gold mineralization in a press release of November 19, 2019. link to press release Drill holes OKD – 1 through OKD – 9 outlined an initial strike length of approximately 700 metres as defined [...]
G2 Goldfields Inc. is pleased to provide an exploration update on the Company’s Sandy Lake Gold Project, located 140 miles north of Red Lake, Ontario. The project is comprised of approximately 125,000 acres of contiguous mineral claim units in the underexplored Sandy Lake Greenstone Belt. High-grade gold mineralization has been identified by drilling and sampling in several areas along a major banded iron formation [...]
G2 Goldfields Inc. is pleased to announce it has entered into an option agreement to acquire a 100% interest in the historic Jubilee Creek Goldfield, Puruni District, Guyana. The property is comprised of contiguous claims totalling 7,900 acres and is located approximately 4.5 miles south-east of the Company’s Peters Mine Property . The Company may earn a 100% interest by making payments totalling $US 475,000.00 over [...]
G2 Goldfields Inc. 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 . Results are tabulated in Table 1. TABLE 1 [...]
G2 Goldfields Inc. is pleased to announce the results of a major surface sampling program at the Company’s AREMU/OKO gold projects, Region seven, Guyana. G2 commenced exploration in February 2019 and to date has collected and collated data from 2081 soil samples, 164 grab samples and 674 channel samples. Selected grab samples and are not representative of the mineralization hosted on the property. This surface [...]
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