Drilling at the Oko-Ghanie project. Credit: G2 Goldfields.
Drilling by G2 Goldfields (TSX: GTWO) has returned results as high as 13.5 metres grading 4 grams gold per tonne at the company’s New Oko discovery area in northeast Guyana. Shares rose.
That intercept, in hole AMD18, also cut 65 metres at 1.5 grams gold from 51.5 metres downhole, and 9.7 metres grading 3.1 grams gold, Toronto-based G2 said Monday in a statement. Hole AMD25, meanwhile, cut 70.5 metres grading 1.8 grams gold from 82.5 metres depth, including 4.5 metres at 8.2 grams gold from 121.5 metres, the company said. The project is about 120 km southwest of the capital Georgetown.
“The latest results confirm the continuity of gold mineralization down-dip of the host structure, and along strike to the northeast,” vice-president of exploration Boaz Wade said in the release. “Within the consistent broad intercepts along the shear,…
