Interview with Dan Noone, CEO of G2 Goldfields Inc.

Our previous interview: https://www.cruxinvestor.com/posts/g2-goldfields-tsxvgtwo-gold-developer-path-to-production-within-2-3-years-4868

Recording date: 5th March 2024

G2 Goldfields (TSXV:GTWO) is an emerging gold exploration and development company focused on the highly prospective Guiana Shield in South America. The company's flagship asset is the OKO project in Guyana, which hosts a substantial high-grade gold resource with significant upside potential.

In 2022, G2 Goldfields released a maiden resource estimate at OKO, delineating an indicated resource of 220,000 oz. Au within 793,000 tonnes @ 8.63 g/t Au, and more inferred resource of 974,000 oz within 3.2 Mt at 9.25 g/t gold. The company has since completed two years of additional drilling which is expected to expand the resource and upgrade a significant portion to the indicated category. This updated estimate is on track for release by the end of Q1 2024.

Exploration success continued in 2023 with the discovery of the OKO Northwest zone, which returned 15m at 6 g/t gold in initial drilling. This new zone lies on trend with the main OKO deposit and demonstrates the potential for further discoveries along the 20km long property package.

G2 Goldfields recently strengthened its balance sheet via a $22 million strategic investment from gold major AngloGold Ashanti, giving sufficient funds for exploration in the next two years. AngloGold's backing represents a significant vote of confidence in the OKO project and G2's management team.

The company is taking a systematic approach to exploration at OKO, focusing on shallow drilling to expand the near-surface resource potential along the strike. The goal is to delineate the full scope of the project before advancing to economic studies. This strategy is expected to maximize value for shareholders by demonstrating the multi-million-ounce potential of the district.

To support this work, G2 has refined its geological model of the OKO deposits, with a focus on targeting high-grade mineralization. The upcoming resource update should better reflect the distribution and continuity of these high-grade zones.

Investors can expect strong news flow from G2 Goldfields in the coming months, with ongoing exploration results, the updated resource estimate, and potential new discoveries. The company is also advancing project development initiatives to streamline the permitting process.

Overall, G2 Goldfields offers a compelling opportunity for exposure to a high-grade gold discovery in a top mining jurisdiction. With a substantial resource base, major backing, and multiple avenues for growth, the company is well-positioned to create value for shareholders. As the gold market gains momentum, G2 Goldfields stands out as an attractive investment proposition.

View G2 Goldfileds' company profile: https://www.cruxinvestor.com/companies/g2-goldfields

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