Welcome to our dedicated page for G2 Goldfields news (Ticker: GUYGF), a resource for investors and traders seeking the latest updates and insights on G2 Goldfields stock.
News and updates for G2 Goldfields Inc. (GUYGF) focus on the company’s exploration and development activities in Guyana, particularly at the Oko Gold Project. Company releases describe how G2 Goldfields finds and develops gold deposits in the Oko district and the broader OKO-AREMU area, where it holds a substantial land package and has reported multiple gold discoveries.
Recent news has highlighted drilling results from the Oko Main Zone, Ghanie, the Border Zone and the New Oko Discovery. These updates include assay results from diamond drill holes that intersect near-surface and deeper gold mineralisation, expansion of high-grade zones down plunge, and confirmation of broader mineralised envelopes that are relevant to both open pit and underground mining scenarios. The company also reports on its updated NI 43-101 Mineral Resource Estimate for the Oko Project and the key findings of a Preliminary Economic Assessment outlining a combined open pit and underground operation.
Corporate news items cover G2 Goldfields’ receipt of Large Scale Prospecting Licenses for the Oko-Ghanie deposits, progress on environmental baseline studies, and developments related to the proposed spin-out of non-core assets into G3 Goldfields Inc. Shareholder meeting results, changes in major shareholdings and commentary on trading activity are also part of the company’s regular disclosures.
Investors following GUYGF news can use this page to review drilling campaigns, resource updates, economic study milestones, licensing developments and corporate restructuring plans as disclosed in G2 Goldfields’ own press releases. Bookmark this feed to monitor how the Oko Gold Project and related Guyana gold assets evolve through exploration, technical studies and permitting steps.
G2 Goldfields (TSX: GTWO; OTCQX: GUYGF) reports a 100,000-metre 2026 drilling program at the OKO Gold Project, new discoveries outside existing resources, and a recently published PEA outlining a 10,000 tonne-per-day operation producing 3.2 million ounces at an AISC of US$1,232/oz over 14 years.
Notable results include 66m @ 0.9 g/t Au (OKND 30), 24m @ 2.5 g/t Au (NWOD 70) and 5m @ 4.8 g/t Au (NWOD 69). Feasibility study and construction decision targeted by mid-2027.
G2 Goldfields (TSX: GTWO; OTCQX: GUYGF) filed an NI 43-101 Technical Report supporting a PEA and updated MRE for the high-grade Oko Gold Project (effective Dec 8, 2025).
Highlights: Indicated 1.6 Moz @ 3.24 g/t Au and Inferred 1.9 Moz @ 3.31 g/t Au; 14-year LOM; average annual production 282,000 oz (years 2–11); initial capital $664M; after-tax NPV5% $2.5B and IRR 38% at $3,000/oz.
G2 Goldfields (OTCQX: GUYGF / TSX: GTWO) reported results from 16 diamond drill holes totaling 5,997 m at the OKO Project, Guyana, and highlighted continued expansion of mineralisation beyond current pit shells.
Key technical results include 39.3 g/t Au over 2.7 m, 2.1 g/t Au over 30.0 m, and a deep intercept of 2.4 g/t Au over 50.0 m including 4.0 g/t Au over 23.5 m. The company is running a major drill program with five rigs and ongoing greenfields work with assays pending.
Separately, a December 18, 2025 PEA outlined a 14-year mine life, total production of 3.2 Moz Au, and average annual production of 298,000 oz (years 3–10) at an AISC of US$1,191/oz.
G2 Goldfields (OTCQX: GUYGF / TSX: GTWO) released a PEA for the Oko Gold Project in Guyana showing a 14-year LOM, 1.6 Moz Au Indicated at 3.24 g/t and 1.9 Moz Au Inferred at 3.31 g/t. The study models combined open pit and underground mining with average annual production of 281,000 oz (years 2–11) and total recovered production of 3.2 Moz. Reported costs include AISC $1,137/oz (years 2–11) and initial capital of $664M (20% contingency). Base-case economics at $3,000/oz show after-tax NPV5% $2.56B, IRR 39% and payback 2.6 years. The PEA is preliminary and includes Inferred resources, so outcomes are not certain.
G2 Goldfields (OTCQX:GUYGF; TSX:GTWO) announced shareholder voting results from its Nov 27, 2025 annual and special meeting approving the proposed Spin-Out of certain non-core assets into new subsidiary G3.
Key approvals included the plan of arrangement, stated capital reduction, reappointment of auditors and governance items; 190,251,811 G2 shares (≈74.03% of outstanding) voted. The court hearing for the final order is set for Dec 3, 2025, and completion is expected in Q1 2026 subject to final court and Toronto Stock Exchange approvals.
Under the Spin-Out G2 will transfer the Non-Core Assets and approximately C$15 million cash to G3 and distribute one G3 share per two G2 shares to G2 shareholders.
G2 Goldfields (OTCQX:GUYGF / TSX:GTWO) filed its management information circular and meeting materials on Nov 5, 2025 for the annual and special shareholders meeting to be held on Nov 27, 2025.
The Meeting seeks approval of a proposed spin-out of certain non-core assets into a wholly owned subsidiary, G3 Goldfields, via a plan of arrangement under the Canada Business Corporations Act. Shareholders were mailed the Meeting Materials and are urged to vote by proxy as described in those materials.
Concurrently, G2 filed an independent NI 43-101 Technical Report prepared by Micon International Limited titled “NI 43-101 Property of Merit Technical Report for the New Aremu Oko Gold Project, Guyana, South America,” available on SEDAR+.
G2 Goldfields (OTCQX: GUYGF / TSX: GTWO) provided a corporate and exploration update for the Oko Gold Project, Guyana, announcing a combined updated MRE and maiden PEA in November 2025 based on 666 diamond holes totaling 170,329m. The company reported visible gold in two recent border-zone holes and plans a 35,000m deep program plus multiple near‑mine drill programs (planned metres: 7,400m border, 35,000m deep, and additional target programs totaling several thousand metres).
G2 expects a G3 spin-out (one G3 share per two G2 shares) in December subject to approvals, and aims to scale to six rigs by December and eight rigs thereafter while advancing permits, environmental and geotechnical studies.
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.
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