NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.TORONTO, May 05, 2020 (GLOBE NEWSWIRE) — G2 Goldfields Inc. (TSXV: GTWO) (the “Company” or “G2”) 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 (ODZ). 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 reported OKD – 27 (1m @ 8 g/t Au & 4m @ 19.5 g/t Au). Visible Gold (V.G.) was logged in all three holes and the results are highlighted below: (True widths of mineralization are estimated between 85% and 58% of reported width)Hole OKD- 303.1 g/t Au over 2.0 metres (52 – 54)14.9 g/t Au over 1.8 metres (97.9 – 99.7) V.G.10.8 g/t Au over 4.0 metres (188 – 192 )Hole OKD – 3112.7 g/t Au over 1.4 metres (132.8 – 134.2) V.G.3.0 g/t Au over 1.7 metres (207.1 – 208.8) V.G.Hole OKD- 3310.5 g/t Au over 2.0 metres (180.8 – 182.8) V.G.10.8 g/t Au over 0.8 metres (185 – 185.8) V.G.Additionally, hole OKD – 32 explored approximately 140 m south of hole OKD – 5 (8.2 m @ 9.1 g/t Au) and hole OKD – 24 (2.4 m @ 116 g/t Au)Hole OKD – 3220.1 g/t Au over 1.0 metres (81.5 – 82.5) V.G.1.7 g/t Au over 2.0 metres (91 -93)A plan view of drilling completed to date in the main OKD Zone is displayed below as Figure 1 and available at the following link https://g2goldfields.com/wp-content/uploads/2020/05/OkoDrillingPlanView_Figure1.pdf.
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