G2 Goldfields Inc. announces that it has made an application to the TSX Venture Exchange to extend the term of its 5,000,000 existing share purchase warrants that would otherwise expire on February 28, 2020. Each Warrant is currently exercisable at $0.20 until February 28, 2020. G2 has made application to extend the term of the Warrants to February 28, 2021. The exercise price for the Warrants will remain the same. The [...]
G2 Goldfields Inc. announces additional drilling results from the OKO/AREMU project, region 7, Guyana. Drilling has continued to focus on the OKO deformation zone , where the Company announced the discovery of high-grade gold mineralization in a press release of November 19, 2019. link to press release Drill holes OKD – 1 through OKD – 9 outlined an initial strike length of approximately 700 metres as defined [...]
G2 Goldfields Inc. is pleased to provide an exploration update on the Company’s Sandy Lake Gold Project, located 140 miles north of Red Lake, Ontario. The project is comprised of approximately 125,000 acres of contiguous mineral claim units in the underexplored Sandy Lake Greenstone Belt. High-grade gold mineralization has been identified by drilling and sampling in several areas along a major banded iron formation [...]
G2 Goldfields Inc. is pleased to announce it has entered into an option agreement to acquire a 100% interest in the historic Jubilee Creek Goldfield, Puruni District, Guyana. The property is comprised of contiguous claims totalling 7,900 acres and is located approximately 4.5 miles south-east of the Company’s Peters Mine Property . The Company may earn a 100% interest by making payments totalling $US 475,000.00 over [...]
G2 Goldfields Inc. announces initial results from its maiden drilling program at the OKO/AREMU property, region 7, Guyana. Drill results to date have indicated significant and widespread gold mineralization over a 750 m strike length with current drilling attempting to expand the strike limits of mineralization beyond 1 km. Drilling has focused only on the OKO deformation zone . Results are tabulated in Table 1. TABLE 1 [...]
G2 Goldfields Inc. is pleased to announce the results of a major surface sampling program at the Company’s AREMU/OKO gold projects, Region seven, Guyana. G2 commenced exploration in February 2019 and to date has collected and collated data from 2081 soil samples, 164 grab samples and 674 channel samples. Selected grab samples and are not representative of the mineralization hosted on the property. This surface [...]
G2 Goldfields Inc. announces that it has closed its previously announced acquisition of all of the issued and outstanding shares of Bartica Investments Ltd. from Patrick Sheridan, Violet Smith and Shawn Hopkinson . Bartica holds an interest in a suite of mineral exploration properties totaling approximately 25,888 acres located in the southwestern extremity of the Cuyuni Basin, Guyana, South America, which are comprised [...]
G2 Goldfields Inc., is pleased to provide an update on its current exploration campaign on the Sandy Lake project in Northwestern Ontario. The Sandy Lake project is comprised of approximately 125,000 acres of contiguous mineral claims in the Sandy Lake Archean Greenstone Belt, located approximately 140 miles north of Red Lake, Ontario. G2 Goldfields holds a 100% interest in the mineral rights to 110,000 acres and has the [...]
G2 Goldfields Inc., is pleased to announce the discovery of a new high-grade gold zone at the Company’s Sandy Lake Project, Northwest, Ontario. The new discovery is located approximately 1.8 km west of the Company’s initial W1/W2 discovery area. The W3 Zone was initially tested by seven drill holes of which the Company has received assay results for six holes, three of which intersected significant gold [...]
G2 Goldfields Inc., is pleased to announce the discovery of a new high-grade gold zone at the Company’s Sandy Lake Project, Northwest, Ontario. The new discovery is located approximately 1.8 km west of the Company’s initial W1/W2 discovery area. The W3 Zone was initially tested by seven drill holes of which the Company has received assay results for six holes, three of which intersected significant gold [...]
G2 Goldfields Inc. announces that it has granted an aggregate of 1,100,000 stock options to directors, officers, employees and consultants pursuant to the Company's Stock Option Plan. The options have an exercise price of $0.40 per share and an expiry date of August 20, 2022, and vesting as to 25% immediately and 25% after each of 6, 12, and 18 months after date of grant. The grant of options is subject to regulatory [...]
G2 Goldfields Inc. Inc. is pleased to announce that is has received aggregate proceeds of $1,490,000.00 as a result of the exercise of 7,490,000 series 2017-I share purchase warrants that expired July 19, 2019. G2 Goldfields CEO Patrick Sheridan subscribed for $750,000 of the share purchase warrants and G2 Goldfields Executive Director and VP Exploration Dan Noone exercised $100,000.00 of his warrants. Sandy Lake Gold [...]