G2 Goldfields Inc GUYGF

Multiple New Gold Zones Discovered at OKO Project T.GTWO

[Betteryear2]

• New High-Grade Zone Emerging East of Ghanie Main Zone.
• Ghanie Main deposit continues to grow along strike and is open to depth.
• OMZ Shear 3 southern extensions intercepted with multiple visible gold showings.

TORONTO, Oct. 15, 2024 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSX: GTWO; OTCQX: GUYGF) is pleased to provide an update on its ongoing exploration program at the Company’s 58,000-acre OKO-Aremu gold project, Guyana. G2 currently has five rigs operating at the project, building on the Company’s current mineral resource which is comprised of 922,000 ounces of gold (Indicated) and 1,099,000 ounces (Inferred) [see press release dated April 03, 2024]. G2 continues to expand and define existing gold zones whilst discovering new high grade parallel zones of gold mineralization. The Company intends to issue an updated resource estimate for the OKO project in Q1 of 2025.

Multiple New Gold Zones Discovered at OKO Project (globenewswire.com)

[Oilminerdeluxe]

Good stuff. Will they delay the RE a few months if the hits continue? Figured the take out price will be bigger if the RE is bigger. I am sure the suitor can calculate those ounces that are not in the RE, but it just looks better.