G2 Goldfields Stock Price, News & Analysis

G2 Goldfields (TSX:GTWO / OTCQX:GUYGF) announced an arrangement to spin out a newly formed company, G3 Goldfields, that will hold G2's identified non-core gold assets in Guyana and receive cash to meet working capital and initial listing needs. The company expects to provide approximately C$15 million to G3 (final amount to be determined) and to distribute G3 shares to G2 shareholders on a 1 G3 share for every 2 G2 shares basis.

The non-core portfolio to transfer totals about 87,614 acres across seven properties in the Puruni, Cuyuni and Region 7 districts. The Spin-Out is subject to TSX, court and shareholder approval, including a shareholder vote at the annual meeting on November 27, 2025, and the intended listing of G3 on the CSE is conditional on meeting CSE requirements.

G2 Goldfields (OTCQX: GUYGF) has announced significant drilling results from its New Oko Discovery in Guyana, marking the company's third major gold discovery in the district. The ongoing drilling program has completed 108 drill holes totaling 20,423m, with new assays extending gold mineralization 200 meters down plunge to depths of 350m.

Key highlights include high-grade intersections of 49.5m @ 4.2 g/t Au and 7.5m @ 13.8 g/t Au from near-surface infill drilling, along with expansion results including 49.0m @ 1.3 g/t Au. The New Oko Discovery is located 10km north of the company's existing Oko-Ghanie Deposit, which holds 1.5 million ounces indicated at 3.40 g/t Au and 1.6 million ounces inferred at 2.48 g/t Au.

The company anticipates delivering an updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) in Q4 2025, focusing on a multi-open pit operation combined with a high-grade underground mine.

G2 Goldfields (OTCQX: GUYGF) has secured two Large Scale Prospecting Licenses for its Oko-Ghanie Gold Deposit in Guyana. The licenses cover approximately 17,451 acres and replace 11 previous medium-scale mining permits. The project currently holds 1.5 million ounces indicated at 3.40 g/t Au and 1.6 million ounces inferred at 2.48 g/t Au.

The licenses have a three-year term with two one-year renewal options, providing exclusive exploration rights. The company has completed environmental baseline studies and is preparing for an Environmental Social Impact Assessment. An updated Mineral Resource Estimate and Preliminary Economic Assessment are expected in Q4 2025.

G2 Goldfields (OTCQX: GUYGF) has announced exceptional drilling results from its New OKO Discovery Area in Guyana, marking the company's third significant gold discovery within its 83,967-acre holdings. The standout results include intersections of 5.9 g/t Au over 60 metres (including 9.3 g/t Au over 22.5m) in hole AMD30 and 2.2 g/t Au over 99.9 metres in hole AMD50.

The company has completed 69 diamond drill holes totaling 13,239m in the New OKO Discovery Area, with 56 holes targeting the 'Main Shear'. This discovery is located 10km north of existing gold resources at the Oko-Ghanie Deposit, which currently holds 1.5 million ounces indicated at 3.40 g/t Au and 1.6 million ounces inferred at 2.48 g/t Au.

G2 plans to release an updated Mineral Resource Estimate and Preliminary Economic Assessment in Q4 2025. The company currently has five drill rigs active in the Discovery Area, demonstrating its commitment to aggressive exploration of this promising site.

G2 Goldfields (OTCQX: GUYGF) has announced significant changes in its shareholder structure and provided updates on corporate developments. AngloGold Ashanti has sold its entire 14.95% stake in G2, with the shares being acquired by two large European investors - one taking approximately 9.5% (23 million shares) and another investor acquiring the remainder.

The company has terminated its previously announced G3 Goldfields spin-out agreement following the discovery of the New Oko Discovery zone, which is now considered a core asset. G2 plans to provide an updated spin-out strategy for non-core assets in August 2025, with completion targeted for Q4 2025.

Key upcoming catalysts include an updated Mineral Resource Estimate (MRE) and a Preliminary Economic Assessment (PEA) both expected in Q4 2025. The company continues its exploration with five drill rigs operating throughout summer.

G2 Goldfields (GUYGF) has announced significant drilling results from its New Oko Discovery Area in Guyana. The company reported multiple near-surface gold intercepts, with notable results including 65m @ 1.5 g/t Au in Hole AMD18, 52m @ 0.9 g/t Au in Hole AMD23, and 70.5m @ 1.8 g/t Au in Hole AMD25. The New Oko discovery has reached a total strike length of 630m and remains open in all directions. Located 10km north of existing gold resources at the Oko-Ghanie Deposit, this represents G2's third significant gold discovery in the district. The company has completed 47 diamond drill holes totaling 6,439m in the area and has encountered significant sulphide mineralization in deeper drill holes. G2 plans to commence drilling at a new target, the 'RE Zone', located 4km north of the current drilling campaign.

G2 Goldfields (GUYGF) has announced significant drilling results from its initial exploration program at the Peters Mine Property in Guyana. Notable intercepts include 76 meters at 1.5 g/t gold, including 16.5 meters at 5.0 g/t gold, and 3 meters at 12.5 g/t gold. The 8,358-acre property, located 35 km southwest of G2's flagship OKO property, has a rich history dating back to 1902, producing 41,915 ounces of gold between 1905-1909 with impressive head grades of 41 g/t Au. The current drilling program focused on exploring areas between historical shaft locations and the Herolds Hill area, with gold mineralization associated with structurally controlled quartz veins. The property is part of the Mango Trend Deformation Zone (MTDZ) and has historically seen limited drilling despite its prolific gold production history.

G2 Goldfields (TSX: GTWO; OTCQX: GUYGF) has reported significant progress in its ongoing diamond drilling program at the Oko-Aremu District, Guyana. The company has expanded a new surface gold discovery located 10 kilometers north of the Oko-Ghanie deposits, which currently host 1.5 million ounces of gold averaging 3.40 g/t Au (Indicated) and 1.6 million ounces (Inferred) averaging 2.48 g/t Au.

Key drilling results include:

• AMD 13: 42.0m @ 1.4 g/t Au (including 7.5m @ 6.3 g/t Au)
• AMD 14: 41.0m @ 1.2 g/t Au (including 3.0m @ 6.0 g/t Au)
• AMD 15: 50.5m @ 1.1 g/t Au (including 7.5m @ 4.6 g/t Au)

The drilling has established a strike length of nearly 500m, with the auriferous zone remaining open to the southwest and northeast. The mineralized intercepts are primarily within near-surface, heavily oxidized zones. The company has also completed four diamond drill holes at the Peters Mine property, with results pending.

G2 Goldfields (TSX: GTWO; OTCQX: GUYGF) has announced significant drilling results from its new discovery at the OKO Project, Guyana. The latest findings include impressive intersections from four additional holes totaling 352.5 meters, highlighted by:

- Hole AMD 12: 1.9 g/t Au over 43.7 meters (including 7.9 g/t Au over 7.5m)
- Hole AMD 10: 1.2 g/t Au over 51.0 meters
- All gold intercepts were found within 20 meters of surface

This discovery is located several miles from G2's flagship gold resources at Oko Main Zone and Ghanie, which currently hold 1.5 million ounces of Indicated and 1.6 million ounces of Inferred gold resources. The company has established over 400m of strike of near-surface, oxidized gold mineralization in just over a month of drilling. In response to these promising results, G2 is adding an additional drill rig to the program.