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 (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 (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.
G2 Goldfields (TSX: GTWO; OTCQX: GUYGF) has announced a significant new gold discovery north of its OKO Project in Guyana. The discovery follows the company's recent mineral resource estimate update of 1.5 million ounces (Indicated) and 1.6 million ounces (Inferred) of gold announced on March 10th, 2025.
Initial drilling revealed promising results with four out of five diamond drill holes intercepting shallow gold mineralization along a 420m strike length. The mineralized intercepts are within 60m of surface and remain open in all directions. The discovery area, identified through stream sediment sampling in 2023-2024, covers a 1400m x 900m zone.
The company also announced an increase in funding for its planned G3 Goldfields spin-out, raising the cash component from C$10 million to C$15 million. The newly discovered gold zone falls within the proposed G3 spin-out portfolio properties.
G2 Goldfields (TSX: GTWO; OTCQX: GUYGF) has announced a significant increase in gold resources at its 83,967-acre Oko Project in Guyana. The updated Mineral Resource Estimate (MRE) as of March 1, 2025, shows:
- Total Indicated gold resources increased 60% to 1.5 million ounces at 3.40 g/t Au
- Total Inferred gold resources rose 49% to 1.6 million ounces at 2.48 g/t Au
- High-grade near-surface zones at Oko Main Zone (OMZ) contain 609,000 oz at 10.25 g/t Au (Indicated) and 360,000 oz at 7.28 g/t Au (Inferred)
The resource spans a 2.5 km north-south structure, comprising the high-grade OMZ to the north and the Ghanie Gold Zone to the south. The estimate incorporates data from 587 drill holes totaling 152,817 metres. The resource remains open to depth and along strike, with ongoing exploration activities including two active diamond drill rigs targeting high-grade plunging mineralization.
G2 Goldfields (TSX: GTWO; OTCQX: GUYGF) has announced two key appointments to strengthen its leadership team. Jacqueline Wagenaar joins as VP, Investor Relations, bringing 17 years of capital markets experience. She will lead the capital markets program and manage the upcoming spin-out of G3 Goldfields, expected in Q1 2025. Roopesh Sukhu has been promoted to VP, Business Development - Guyana, tasked with driving regional growth through land identification and acquisitions.
Wagenaar, a Certified Professional in Investor Relations, previously led successful IR programs at Solaris Resources and Guyana Goldfields. Sukhu, a Geological Engineer with over 15 years of experience, will oversee exploration activities and manage government relations in Guyana. The G3 Goldfields spin-out, recently approved by shareholders, will include G2's non-core assets through a plan of arrangement, pending final court and regulatory approvals.