G2 Goldfields Inc. (TSXV: GTWO; OTCQX: GUYGF) continues to intersect some of the best diamond drill holes to date at the 19,200-acre OKO Project, Guyana.
The company has completed 116 diamond drill holes at the Oko Main Zone (OMZ) and expects to deliver a maiden resource estimate for the project in mid-April.
G2 controls over 17 kilometres of highly prospective ground in this emerging district and has identified seven areas outside the OMZ for further exploration work including geochemistry, geological mapping, geophysics, and diamond drilling. Highlights from the current round of drilling at the OMZ include:
- Hole OKD 113 10.1 g/t Au over 3.5 m (from 150.3 m) and 52.4 g/t Au over 7.4 m (from 297.3 m)
- Hole OKD 114 9.3 g/t Au over 2.3 m (from 19.7 m) and 64.7 g/t Au over 2.6 m (from 116.8 m)
- Hole OKD 115 37.2 g/t Au over 4.2 m (from 421.3 m)
The recent drilling results further reveal the exceedingly high-grade nature of the OMZ deposit and demonstrate the level of accuracy in the Company’s geological model to date. The following results instil confidence in the continuity of mineralisation which the Company consistently hit throughout its maiden drilling campaign. During the ongoing programme, approximately 70% of reported holes have contained coarse visible gold.
- OKD-113 – 7.4m @ 52.7 g/t Au
This intercept is from the Shear 5 zone which has proven to be both consistent and very high grade. This hit lies 274m below surface and is 35 meters up-dip of hole OKD-66 which returned 15.3 g/t Au over 5.7m.
- OKD-114 – 2.6m @ 64.7 g/t Au
The lower intercept of this hole successfully infilled a 100m x 80m drilling gap in Shear 4 and indicates the potential for a high-grade zone in the southern part of the structure.
- OKD-115 – 4.7m @ 37.2 g/t Au
Hole OKD-115 is the most significant diamond drill hole in this release. As an 80m step-out from previous high-grade intercepts, this intercept lies at a vertical depth of 340m. Vitally, OKD-115 supports the development of a high-grade shoot open at depth to the north.
“Hole OKD-115 confirms G2’s model of a NE plunging trend to the high-grade mineralisation and opens up significant down plunge potential on all five Shears currently known to date,” CEO, Dan Noone, said.
“These latest results will be incorporated into the upcoming maiden resource estimate for the project now scheduled for mid-April.”
For further information please visit: https://g2goldfields.com/
