G2 Goldfields announces that it has increased the size of its previously announced private placement from $10,200,000 to $14,400,000 due to strong demand from institutional shareholders. The other terms of the offering remain unchanged. G2 now proposes to complete a non-brokered private placement of 24,000,000 common shares of the Company at a price of $0.60 per Share, for gross proceeds of $14,400,000.
G2 Goldfields announces that it proposes to complete a non-brokered private placement of 17,000,000 common shares of the Company at a price of $0.60 per Share, for gross proceeds of $10,200,000. The proceeds from the Offering will be used to advance exploration activities at the Company’s 19,200-acre OKO project, Guyana and for general corporate purposes. The Offering is expected to close in July 2022 and is conditional [...]
G2 Goldfields is pleased to announce that an independent technical report entitled “NI 43-101 Technical Report and Mineral Resource Estimate for the Oko Gold Property, Cooperative Republic of Guyana, South America”, with an effective date of April 14, 2022, has been filed on SEDAR. Highlights of the report were previously announced by the Company in a news release dated April 25, 2022, including:
G2 Goldfields Inc. is pleased to announce the maiden underground mineral resource estimate at the Oko Main Zone located within the 27,608-acre OKO-AREMU Project, Guyana. Highlights of the resource include: 974,000 oz. Au - Inferred contained within 3,274,000 tonnes @9.25 g/t Au and 220,000 oz. Au - Indicated contained within 793,000 tonnes @ 8.63 g/t Au G2's resource study was prepared to National Instrument 43-101 [...]
G2 Goldfields Inc. is pleased to provide further information regarding the Company's ongoing exploration at its 19,200-acre OKO-AREMU Project, Guyana. The Company has completed 127 holes totalling 30,224 metres, the majority of this drilling at the Oko Main Zone . G2 has identified a further seven target areas for exploration whilst it continues to expand the high-grade gold mineralization discovered at the OMZ. Oko [...]
G2 Goldfields continues to intersect some of the best diamond drill holes to date at the 19,200-acre OKO Project, Guyana. The Company has completed 116 diamond drill holes at the Oko Main Zone and expects to deliver a maiden resource estimate for the project in mid-April. G2 controls over 17 km of highly prospective ground in this emerging district and has identified seven areas outside the OMZ for further exploration [...]
G2 Goldfields Inc. announces 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 [...]
G2 Goldfields Inc. announces that it has closed the second and final tranche of its previously announced non-brokered private placement . In connection with the closing of the Second Tranche of the Offering, the Company sold 4,550,000 units of the Company at a price of $0.45 per Unit, for gross proceeds of $2,025,000. As a result, the Company sold a total of 6,800,000 Units pursuant to the Offering , for gross proceeds of [...]
G2 Goldfields Inc. is pleased to report additional high-grade gold intercepts from the 19,200-acre OKO project, Guyana. G2 has completed 110 diamond drill holes to date totalling 26,995 metres. Assay results are currently available for the first 97 holes. The Company is led by an experienced management team which is directly responsible for the discovery of more than seven million ounces of gold in the Guiana Shield, one [...]
G2 Goldfields Inc. is pleased to announce that it proposes to increase its previously announced non-brokered private placement to provide for the issuance of up to 6,800,000 units at a price of $0.45 per Unit, for gross proceeds of up to $3,060,000 . Each Unit shall be comprised of one common share of the Company and one common share purchase warrant . Each Warrant entitles the holder, on exercise, to purchase one Share [...]
G2 Goldfields Inc. continues to intersect high grade gold mineralisation across multiple diamond drill holes at the 19,200-acre OKO project, Guyana. Today's release further establishes the OKO project as one of the most exciting new discoveries in the Americas. G2 is led by an experienced management team which is directly responsible for the discovery of more than seven million ounces of gold in the Guiana Shield, one of [...]
G2 Goldfields Inc. is pleased to report the results from Bulk Leach Extractable Gold tests undertaken on drill core samples from the OKO project, Guyana. The tests were completed by MSALABS in Guyana and results have been reviewed by Richard Gowans P.Eng., a Principal Metallurgist and Qualified Person of Micon International Limited, an independent consulting company based in Toronto, Canada. A total of seven samples from [...]
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