The Prospector News

G2 Gold Drills 1.92m @ 335.4 g/t Gold at OKO

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

G2 Gold Drills 1.92m @ 335.4 g/t Gold at OKO

 

 

 

 

 

G2 Goldfields Inc.  (TSX-V: GTWO) (OTCQX: GUYGF) is pleased to announce additional drilling intercepts of high-grade gold from the Company’s ongoing drilling program at the 19,200-acre OKO project, Guyana. To date, G2 has completed 89 diamond drill holes totalling 20,352 metres. Drilling has defined five parallel auriferous shear zones at Oko, with gold mineralization established over an 800-metre strike length and to depths exceeding 350 metres. Of the first 77 holes logged and assayed at Oko, 44 have intercepted visible gold.

 

Complete diamond drill results for two additional drill holes, OKD-76 and OKD-77, are available at the following link https://g2goldfields.com/wp-content/uploads/2021/09/G2Goldfields_Table_08SEP21.pdf. Hole OKD-77, which targeted Shear zones 3 and 4, returned 5.7 g/t Au over 8.4 metres (5.8m true width) as well as 335.4 g/t Au over 1.9 metres (1.4 m true width). The latter intercept is one of several high-grade intercepts in the newly discovered Shear zones 4 and 5, as previously reported by G2 (see press releases dated July 22, 2021, and June 10, 2021). Highlights of assays for Shear 4 are available in Table 1.

 

TABLE 1
Shear 4 High Grade Intercepts

 

Hole Number True Width Intersection (m) Grade (g/t Au)
OKD – 24 1.66 76.37
OKD – 29 1.05 29.67
OKD – 30 1.76 20.27
OKD – 33 1.80 10.49
OKD – 48 1.45 26.09
OKD – 59 2.45 11.48
OKD – 65 1.60 41.98
OKD – 73 4.46 15.90
OKD – 77 1.40 335.4

 

 

Shear Zone 4 has now been defined by 29 pierce points outlining a structure 520 metres long by 250 metres deep, varying in true thickness from 0.9 to 7.1 metres. Additionally, Shear Zone 5 has been defined by 15 pierce points and currently has dimensions of 520 metres long by 260 metres deep, varying in true width between 0.9 and 17.4 metres. Highlights of high-grade results reported to date in Shear 5 are contained in Table 2.

 

TABLE 2
Shear Five High Grade Intercepts

 

Hole Number True Width of Mineralization (m) Grade (g/t Au)
OKD – 60 1.24 13.84
OKD – 66 5.71 15.29
OKD – 67 2.06 27.69
OKD – 74 4.60 38.55
OKD – 75 2.56 9.71

 

A long section illustrating the distribution of high-grade hits exclusively in Shears 4 and 5 is available at the following link: https://g2goldfields.com/wp-content/uploads/2021/09/G2Goldfields_LongSection_08SEP21.pdf.

 

Dan Noone, G2 Goldfields CEO, states, “Hole OKD-77 is one of the many holes drilled to date at Oko which demonstrate that the property holds significant amounts of high-grade gold, with visible gold present in the majority of holes. We look forward to further exploration results from OKO”.

 

QA/QC

 

Drill core is logged and sampled in a secure core storage facility located on the Oko project site, Guyana. Core samples from the program are cut in half, using a diamond cutting saw, and are sent to MSALABS Guyana, in Georgetown, Guyana, which is an accredited mineral analysis laboratory, for analysis. Samples from sections of core with obvious gold mineralization are analyzed for total gold using an industry-standard 500g metallic screen fire assay (MSALABS method MSC 550). All other samples are analyzed for gold using standard Fire Assay-AA with atomic absorption finish (MSALABS method; FAS-121). Samples returning over 10.0 g/t gold are analyzed utilizing standard fire assay gravimetric methods (MSALABS method; FAS-425). Certified gold reference standards, blanks, and field duplicates are routinely inserted into the sample stream, as part of G2 Goldfield’s quality control/quality assurance program. No QA/QC issues were noted with the results reported herein.

 

About G2 Goldfields Inc.

G2 Goldfields Inc. is focused on the discovery of large gold deposits in the Guiana Shield.  The Company owns a 100% interest in two past gold-producing mines, as well as a regional portfolio of highly prospective projects.

 

All scientific and technical information in this press release has been prepared under the supervision of Dan Noone, a “qualified person” within the meaning of National Instrument 43-101. Mr. Noone (B.Sc. Geology, MBA) is a Member of the Australian Institute of Geoscientists.

 

Posted September 8, 2021

Share this news article

MORE or "UNCATEGORIZED"


VIZSLA SILVER AGREES TO ACQUIRE NEWLY CONSOLIDATED PAST-PRODUCING SILVER DISTRICT IN THE EMERGING SILVER-GOLD-RICH PANUCO - SAN DIMAS CORRIDOR IN MEXICO

Vizsla Silver Corp. (TSX-V: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) i... READ MORE

March 28, 2024

Additional Drill Results Highlighted by Hole D-380 in Block 6 at Oko West, Intersecting 39.7 m Grading 5.27 g/t Au Including 2.8 m @ 14.18 g/t Au and 13.0 m Grading 10.50 g/t Au

Reunion Gold Corporation (TSX-V: RGD) (OTCQX: RGDFF) is pleased t... READ MORE

March 28, 2024

STLLR Gold’s Tower Gold Project Infill Drilling Continues to Confirm Mineralization at the Jonpol Deposit

STLLR Gold Inc. (TSX: STLR) (OTCQX: STLRF) (FSE: O9D) announces ... READ MORE

March 28, 2024

Hudbay Provides Annual Reserve and Resource Update and Production Outlook

Consolidated copper production is expected to average 153,000i to... READ MORE

March 28, 2024

Aya Gold & Silver: Record 2023 Production, Revenue and Operating Cash Flow

Aya Gold & Silver Inc. (TSX: AYA) (OTCQX: AYASF) is pleased t... READ MORE

March 28, 2024

Copyright 2024 The Prospector News