G2 Goldfields Inc. announced new assay results from the Company's ongoing drilling program in the greater OKO-AREMU district, Guyana. G2 currently holds exploration rights to 83,967 acres in the district and the New Oko Discovery Area represents the third significant gold discovery on the Company's holdings. Drill results within this release are part of an ongoing program from a new discovery initially announced in March which lies 10km north of its existing gold resources at the Oko-Ghanie Deposit (1.5 million ounces indicated at 3.40 g/t Au and 1.6 million ounces inferred at 2.48 g/t Au).
To date, the Company has completed 47 diamond drill holes totaling 6,439m in the New Oko Discovery Area. Assay results from ten diamond drill holes (AMD16 through AMD25 inclusive) are contained herein. Diamond drill holes AMD17 (/t Au), AMD19 (60.2m @ 0.3g/tAu), and AMD23 (/tAu) have expanded strike length of the deposit by 130m for a total strike length of 630m.
G2 has mobilized equipment and personnel to drill a significant new gold-in-soil anomaly located 4km north of the current drilling campaign. The initial eight-hole program in this new area, the 'RE Zone', will commence shortly and assay results from this program can be expected in mid-July.
