G2 Goldfields Builds Momentum at the Oko Gold Project
The company expects continued project advancement and exploration activity to support long-term value creation for shareholders.
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High-grade resource and ongoing exploration support continued project growth.
G2 Goldfields holds a large high-grade gold deposit at its Oko Gold Project in Guyana, located roughly 100 kilometres southwest of Georgetown.
The company has completed a preliminary economic assessment and is advancing the project through permitting while continuing to expand exploration along the same mineralized trend. The deposit is estimated at 3.5 million ounces grading 3.3 grams per tonne and remains open in all directions and at depth.
In addition to the current resource, G2 controls approximately 15 kilometres of additional strike length to the north, providing further exploration upside.
G2 plans to spin out its non-core assets into a separate entity known as G3. These non-core properties consist of roughly 87,000 acres of exploration land, including three past-producing mines.
The company anticipates continued exploration and development activity as it works toward advancing the project and supporting future value creation.
To learn more about G2 Goldfields Inc. (TSX: GTWO; OTCQX: GUYGF), please click the request investor info button.
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