Uncovering the Next Major Gold District - G2 Goldfields' Exploration Upside in Guyana

• G2 Goldfields has a high-grade gold discovery in Guyana, with an initial resource of 1.2 million ounces.
• The company raised $13.4 million dollars in June and has a $6 million dollar budget for exploration activites in 2023.
• Aims to release another mineral resource estimate this year, targeting both high-grade and bulk tonnage sections.

About G2 Goldfields

G2 Goldfields (TSX-V: GTWO) is a Canadian gold exploration company focused on their high-grade gold discovery at the Oko project in Guyana, South America. With an initial inferred resource of 1.2 million ounces at 9 g/t gold, G2 Goldfields is poised to continue expanding their resource through ongoing exploration. The Oko project is located adjacent to Reunion Gold's project, which could ultimately form a district-scale opportunity.

G2 Goldfields is led by CEO Dan Noone, an experienced geologist with over 20 years in mineral exploration. The company currently has around C$9 million in cash to fund exploration activities into 2023.

Interview with Dan Noone, Chief Executive Officer

Highlights from 2022 Exploration

Despite a turbulent year for junior gold companies, G2 Goldfields remained active at Oko, raising $13.4 million in June 2022 to support their exploration program. CEO Dan Noone noted that while timing in the market was not ideal, they focused on keeping to the timings they had set themselves.

G2 Goldfields currently has 4 drill rigs operating at Oko and continued to release strong, high-grade results throughout 2022. Although the market didn't fully reward these results last year, Noone emphasized that their priority was to "define as many ounces as we can as quickly as we can."

Plans for 2023 Exploration

In 2023, G2 Goldfields has a C$6 million exploration budget and plans to provide an updated resource estimate for Oko by year-end. This updated resource will include high-grade vein mineralization suitable for underground mining as well as lower grade bulk tonnage mineralization from zones like Ghani.

Beyond expanding the current Oko Main resource, priorities for 2023 drilling include testing extent of mineralization at Ghani and exploring early-stage targets along the 17km shear zone such as Bird Cage and Sands. As Noone stated, "the real value add is to find other deposits nearby such as Ghani."

Partnership Potential with Reunion Gold

An important aspect of Oko's location is its proximity to Reunion Gold's neighboring project. Reunion's market capitalization is around C$450 million and they are projected to release an initial resource in late 2023. The 4.2 km distance between Reunion's drilling and Oko suggests the projects may connect into a single district-scale opportunity.

Noone acknowledges that "there will actually be a mining company who'll find it extremely attractive to come and buy the whole package." Rather than build a mine themselves, positioning Oko as an attractive acquisition target is part of G2 Goldfields' strategy.

Opportune Time to Consider G2 Goldfields

With gold prices recovering in 2023, now is an opportune time for investors to consider G2 Goldfields. Oko's high-grade initial resource, extensive exploration upside, and proximity to Reunion Gold's large-scale project check all the boxes for a promising junior gold investment. As the company continues releasing drill results and expands their resource towards a potential district-scale opportunity, G2 Goldfields warrants serious consideration.

5 Takeaways for Investors

1. High-grade initial resource at Oko Main zone - Initial inferred resource of 1.2 million ounces at 9 g/t gold provides strong base to build on.
2. Exploration upside along 17km shear zone - Significant potential to expand current resource and make new discoveries at targets like Ghani, Bird Cage & Sands.
3. Proximity to Reunion Gold's large project - Projects could ultimately connect into a single district-scale opportunity.
4. Positioning for M&A opportunity - Exploration aimed at building resource base to make project attractive acquisition target for mid-tier/major mining companies.
5. Strong leadership team - Experienced management team led by CEO Dan Noone to steer exploration and growth strategy.