G2 Goldfields Inc. reported the results from Bulk Leach Extractable Gold (BLEG) tests undertaken on drill core samples from the OKO project, Guyana. The tests were completed by MSALABS in Guyana and results have been reviewed by Richard Gowans P.Eng., a Principal Metallurgist and Qualified Person (QP) of Micon International Limited, an independent consulting company based in Toronto, Canada. A total of seven samples from four different drill holes were selected by G2 for BLEG tests.

Each 1 kg sample was ground to approximately 85% passing 75 microns and leached for 12 hours in a 1% sodium cyanide solution. The pH was maintained above 9 throughout the test period using sodium hydroxide. Standard fire assay (FA) with gravimetric finish of feed sample.G2 Confirms Excellent Gold Recoveries from OKO BLEG Tests.

Calculated head combining atomic absorption spectrometry (AAS) for the leach solution and FA for the leach residue. The average difference between the feed assays and the calculated head assays is less than 4% which suggests that the tests are reliable and nugget effects, sampling, and assay errors, are not significant. The BLEG averaged 98.4% and varied between 93.9% and 99.5%.

These results demonstrate that there is no refractory gold component in the OKO drill core samples and high gold recoveries (>95%) would be expected using conventional agitation leach technology, such as carbon-in-pulp (CIP). Drill core is logged and sampled in a secure core storage facility located on the OKO project site, Guyana. Core samples from the program are cut in half, using a diamond cutting saw, and are sent to MSALABS Guyana, in Georgetown, Guyana, which is an accredited mineral analysis laboratory, for analysis.

Samples from sections of core with obvious gold mineralization are analysed for total gold using an industry-standard 500g metallic screen fire assay (MSALABS method MSC 550). All other samples are analysed for gold using standard Fire Assay-AA with atomic absorption finish (MSALABS method; FAS-121). Samples returning over 10.0 g/t gold are analysed utilizing standard fire assay gravimetric methods (MSALABS method; FAS-425).

Certified gold reference standards, blanks, and field duplicates are routinely inserted into the sample stream, as part of G2 Goldfield's quality control/quality assurance program (QAQC). No QA/QC issues were noted with the results reported herein.