G2 Goldfields (TSX: GTWO) is advancing its 3+ million ounce Oko gold project in Guyana toward permitting following its December 2025 preliminary economic assessment, while continuing to expand the high-grade system and position the company for potential M&A. Speaking with Kitco Mining at the 35th BMO Global Metals, Mining & Critical Minerals Conference, CEO Daniel Noone highlighted the strength of the nine gram per tonne Oko Main Zone and the project’s robust economics. “There’s no risk that it’s not going to be a mine,” he said.

Since the August 31 cutoff date for the PEA, drilling has extended mineralization to one kilometer depth and expanded a northwest trend now defined over roughly five kilometers, including intercepts of 60 meters at 2.1 grams per tonne. With environmental permitting in Guyana potentially achievable within roughly 15 months, Noone said G2 is advancing three parallel streams in 2026: feasibility and permitting, continued resource growth, and M&A readiness. The company currently trades at approximately 0.3 to 0.4 times NAV, with Noone suggesting valuation could move toward 0.7 to 0.8 times NAV as permitting advances. G2 is also targeting an April 2026 spinout of 87,000 acres into G3 Goldfields with $15 million in cash.

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00:40 - 2025 Wins and Oko PEA Highlights
01:13 - PEA Impact and Guyana Permitting Timeline
02:34 - Post PEA Drilling and Resource Expansion
03:44 - M&A Outlook and 0.3x to 0.8x NAV Rerate
05:22 - Why High Grade Deposits Still Win
06:28 - Strategic Process Update After December
07:36 - Exploration Growth and G3 Goldfields Spinout
09:17 - Geology Behind Sands and Northwest Trend
10:08 - G3 Timeline, $15M Capital and Share Terms
11:02 - Next 12 Months Feasibility and Permitting Catalysts
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