G2 Goldfields Inc. is pleased to report assay results from twenty diamond drill holes recently completed at the Company's Ghanie Zone, one of several mineralized areas discovered at the 27,719-acre OKO Project, Guyana. Ghanie lies between G2's OMZ gold discovery and Reunion Gold's 'Block 4' discovery. Both projects have established the OKO Trend's multi-million-ounce potential and are currently the subject of ongoing [...]
G2 Goldfields Inc. is pleased to announce assay results from the Company's recently completed maiden reconnaissance diamond drill program at the Northwest OKO prospect, Guyana. NW OKO is the third discovery on G2's 27,719-acre project and is part of a 17-km-long mineralized corridor that hosts numerous historical gold workings. NW OKO is centred approximately 3 km from the Company's high-grade gold resource at the OMZ [...]
G2 Goldfields Inc. is pleased to announce that it has closed the previously announced strategic investment by AngloGold Ashanti plc of 24,500,000 common shares of the Company at a price of $0.90 per Share for aggregate gross proceeds of $22,050,000 . The net proceeds from the Strategic Investment are expected to be used to advance exploration activities at the Company's Oko project in Guyana and for working capital and [...]
G2 Goldfields Inc. is pleased to announce that AngloGold Ashanti plc has confirmed its intention, subject to execution of definitive documentation and satisfaction of customary conditions, to complete a strategic investment in the Company that will result in AGA owning 24,500,000 common shares , equivalent to approximately 11.7% of the Company's issued and outstanding Shares, at a price of $0.90 per Share for gross [...]
G2 Goldfields Inc. announces the mobilization of two additional drill rigs to the Company's high-grade OKO-AREMU project, bringing the operational capacity to five rigs. The Company has drilled 325 holes totalling 73,980 metres to date, primarily in the Oko Main Zone and the Ghanie district. The expanded drill program will give the Company the capacity to drill approximately 6000 metres per month encompassing the [...]
G2 Goldfields Inc. announces the discovery of the High Grade Ghanie South Zone, located within G2's 19,200-acre OKO Project, Guyana. GDD-68A intercepted 11m @ 37.9 g/t Au from 148 metres downhole. This hole is a follow up to the previous high grade GDD-06 intercept [see press release dated April 12, 2023]. Situated approximately 300 metres to the south of Ghanie Main Zone, Ghanie South is the site of ongoing drilling targeting extensions to this exciting high [...]
G2 Goldfields Inc. announces results from the ongoing drill programs at Oko Main Zone and the Ghanie Zone, located within G2's 19,200-acre OKO Project, Guyana. Following up on work that modelled the controls on high-grade domains at the OMZ, G2 Goldfields has intercepted exceptional intervals of high-grade gold mineralisation, and current drilling is tracing these high-grade corridors to depth. OKD-178 intercepted Shear 5 [...]
G2 Goldfields Inc. announces results from the ongoing drill programs at Oko Main Zone and the Ghanie Zone, located within G2's 19,200-acre OKO Project, Guyana. Following up on work that modelled the controls on high-grade domains at the OMZ, G2 Goldfields has intercepted exceptional intervals of high-grade gold mineralisation, and current drilling is tracing these high-grade corridors to depth. OKD-178 intercepted Shear 5 [...]
G2 Goldfields Inc. announces additional assay results from the Company's ongoing drill program at the GHANIE ZONE located within the 19,200-acre OKO Project, Guyana. The Ghanie Zone is the second significant discovery on the project and lies between the Company's OKO Main Zone and Reunion Gold's Block 4 discovery. G2 intends to release an updated resource estimate for the OKO Project in the second half of 2023. Diamond [...]
? 44.5 m @ 2.3 g/t Au ? 26.5 m @ 4.1 g/t Au ? 16.5 m @ 7.3 g/t Au TORONTO, April 12, 2023 -- G2 Goldfields Inc. announces further exploration results from the Company's ongoing exploration program at the 19,200-acre OKO Project, Guyana. Drilling and trenching have expanded the Ghanie Zone to a strike length of 1 km as shallow drilling has consistently intercepted near surface gold mineralization. Additionally, recent [...]
G2 Goldfields Inc. is pleased to announce that it has closed its previously announced "bought deal" public offering of common shares of the Company for aggregate gross proceeds of $13,800,000 . Pursuant to the Offering, the Company issued 17,250,000 Shares at a price of $0.80 per Share, which included the full exercise of the over-allotment option by the Underwriters . The Offering was conducted by a syndicate of [...]
G2 Goldfields Inc. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Cormark Securities Inc. pursuant to which the Underwriters have agreed to purchase on a "bought deal" basis 15,000,000 common shares of the Company at a price of C$0.80 per Share for aggregate gross proceeds of approximately C$12 million . The Underwriters also have an option to purchase that number of [...]
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