G2 Goldfields Drills High Grade Intercepts at Oko
TORONTO, April 15, 2020 (GLOBE NEWSWIRE) — G2 Goldfields Inc. (TSXV: GTWO) (the “Company” or “G2”) announces drill results from the ongoing drilling program at the Oko – Aremu project, Guyana. The 19,200-acre project contains multiple areas of mineralization, the most prominent of which include the Aremu Mine Zone (AMZ) and Oko Deformation Zone (ODZ). G2 has completed 37 holes in the ODZ of which 9 are reported in this release. Drill highlights from current drilling in the ODZ include:
116.6 g/t Au over 2.4 meters (OKD-24) – this hole is the most southerly drill hole to date for which assays are currently available and represents one of the highest-grade intersections to date at the Oko project.
19.5 g/t Au over 4.0 meters (OKD-27) – the hole was designed to expand on the shallow high-grade gold mineralization in previously reported hole OKD-17 (1.4 m @ 8 g/t Au & 4.1 m @ 12.9g/t Au).
7.2 g/t Au over 11.7 meters (OKD-20) – diamond drill hole OKD-20 targeted shallow high-grade mineralization intersected in previously reported hole OKD-1 (5.2 g/t Au over 27 m).
30.8 g/t Au over 2.2 meters (OKD-28) – this hole represents the deepest hole drilled to date for which assays are available; hole OKD-28 intersected high-grade gold mineralization at vertical depths of approximately 130 meters.Mineralized intervals reported in new holes in this release represent approximately 75% to 80% true widths. A complete table of results is available at the following link https://www.g2goldfields.com/wp-content/uploads/2020/04/Table1.pdf.A plan view of the drilling to date is available below as Figure 1 or is also available at the following link https://www.g2goldfields.com/wp-content/uploads/2020/04/Figure1.pdf.A Media Snippet accompanying this announcement is available by clicking on the image or link below: