G2 Goldfields Inc. is pleased to announce that it proposes to complete a non-brokered private placement pursuant to which it will issue 9,615,384 units at a price of $0.52 per Unit to raise aggregate gross proceeds of approximately $5,000,000. Each Unit will consist of one common share of the Company and one-half of one share purchase warrant , with each Warrant exercisable to acquire one additional Share at an exercise [...]
G2 Goldfields Inc. announces further high-grade drill intercepts from the Oko-Aremu Project, Guyana. The 19,200-acre project hosts multiple shafts, pits and zones of mineralization including the historic past producing Aremu Mine. G2 has identified multiple areas of anomalous mineralization over 15 kilometres trending south-east from the Aremu Mine, with the Oko Deformation Zone lying at the south-east end of the trend [...]
G2 Goldfields Inc. announces assays from high-grade drill intercepts at the Oko-Aremu Project, Guyana. The property hosts multiple zones of mineralization, however drilling to date has focused exclusively on the Oko Deformation Zone . To date, 44 drill holes have outlined gold mineralization in excess of one kilometer. Holes OKD - 30, 31 and 33 were drilled to further explore gold mineralization encountered in recently [...]
G2 Goldfields Inc. announces further high-grade intercepts from the Oko-Aremu project, Guyana. The 19,200-acre property contains multiple areas of mineralization, the most prominent of which include the Aremu Mine Zone and the Oko Deformation Zone . Hole OKD – 29 is the deepest hole drilled to date in the ODZ and has encountered multiple zones of high-grade gold mineralization. OKD – 29 was designed to explore beneath [...]
G2 Goldfields Inc. 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 and Oko Deformation Zone . 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 [...]
G2 Goldfields Inc. is pleased to provide an update on the Company’s ongoing drilling project at the Oko project, Guyana. The 19,200-acre project contains multiple areas of gold mineralization, the most prominent of which include the Aremu Mine Zone and the Oko Deformation Zone . The ODZ has been subject to a drilling program which commenced in March 2019 whereas drilling in the Aremu Mine Zone is scheduled for Q3 2020 [...]
G2 Goldfields Inc. announces that it has granted an aggregate of 1,100,000 options to a director, an officer, consultants and an employee of the Company with such options being exercisable at a price of $0.21 per share until March 11, 2023. 700,000 of the options vest as to one-quarter immediately and one-quarter after 6, 12 and 18 months respectively from the date of grant; and 400,000 of the options vest as to one-third [...]
G2 Goldfields Inc. announces that it has closed its previously announced non-brokered private placement financing, pursuant to which it has issued an aggregate of 6,750,000 units at a price of $0.20 per Unit for aggregate gross proceeds of $1,350,000.00 . Each Unit is comprised of one common share in the capital of the Corporation and one-half of one share purchase warrant. Each whole share purchase warrant is exercisable [...]
G2 Goldfields Inc. is pleased to announce new appointments made by the Board of Directors will serve to strengthen the G2 Board and core management team. Please see the relevant positions and appointees below. Patrick Sheridan, Chairman of the Board, remarks: “I am delighted to welcome new members of the Board and management team who each bring a wealth of knowledge and experience to our operations. These changes to [...]
G2 Goldfields Inc. is pleased to announce that it proposes to increase its previously announced non-brokered private placement financing, to now provide for the issuance of up to 6,825,000 units at a price of $0.20 per Unit to raise aggregate gross proceeds of up to $1,365,000.00 . Each Unit shall be comprised of one common share in the capital of the Corporation and one-half of one share purchase warrant. Each whole [...]
G2 Goldfields Inc. is pleased to announce it has been selected to exhibit core at the annual Prospectors & Developers Association of Canada Convention to be held March 1st – 4th in Toronto, Canada. G2 will be displaying high-grade gold core from it’s new discovery at the OKO–AREMU project in the Guiana Shield. Additionally, G2 announces that it has built an online gallery to showcase photographs of core [...]
G2 Goldfields Inc. is pleased to provide an update on the Company’s ongoing drilling project at the OKO property, Guyana. During 2019, G2 completed twenty drill holes totalling 3,179 meters. Modelling the results of the 2019 drill program showed a north – south trending zone of mineralization 1.1 km long and approximately sixty meters wide. A program of drill holes designed to test this model commenced on the [...]