G2 drills 49 g/t Au over 2.7 m and 11.5 g/t Au over 3.2 m in deepest hole to date at OKO
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.TORONTO, April 23, 2020 (GLOBE NEWSWIRE) — G2 Goldfields Inc. (TSXV: GTWO) (the “Company” or “G2”) announces further high-grade intercepts from the Oko-Aremu project, Guyana. The 19,200-acre property contains multiple areas of mineralization, the most prominent of which include the Aremu Mine Zone (AMZ) and the Oko Deformation Zone (ODZ).
Hole OKD – 29 is the deepest hole drilled to date in the ODZ and has encountered multiple zones of high-grade gold mineralization. OKD – 29 was designed to explore beneath previously reported holes OKD – 3 (12m @ 13.8 g/t Au), OKD – 7 (1.7m @ 30.8 g/t Au and 2.7m @ 15.8 g/t Au), OKD – 22 (2.5 m @ 11.8 g/t Au and 1.0 m @ 24 g/t Au) and OKD – 23 (2.8 m @ 14.8 g/t Au). OKD – 29 intercepted two significant zones of high-grade mineralization.49.0 g/t Au over 2.7 metres (205 – 207.7)and11.5 g/t Au over 3.2 metres (266.5 – 269.7)A plan view map and cross section of hole OKD – 29 are displayed below as Figure 1 and 2 respectively and are also available at the following link https://g2goldfields.com/wp-content/uploads/2020/04/Figure1Figure2.pdf. (Reported widths are down hole widths and G2 estimates the true horizontal width of gold mineralization in hole OKD – 29 to be 75 – 80 % of the reported width).A Media Snippet accompanying this announcement is available by clicking on the image or link below: