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The latest announcement is out from G2 Goldfields Inc ( (TSE:GTWO) ).
G2 Goldfields Inc. has announced a significant increase in the Mineral Resource Estimate for its Oko Project in Guyana. The updated estimate shows a 60% increase in indicated gold resources to 1.5 million ounces and a 49% increase in inferred resources to 1.6 million ounces. This positions the Oko Project as a large and high-grade gold deposit, benefiting from Guyana’s pro-development mining policies. The resource remains open for further exploration, indicating potential for future growth and development, which could enhance G2 Goldfields’ standing in the gold mining industry.
More about G2 Goldfields Inc
G2 Goldfields Inc. operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in the exploration of gold resources in Guyana, with its flagship project being the Oko Project.
YTD Price Performance: 47.98%
Average Trading Volume: 171,261
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$704.6M
Learn more about GTWO stock on TipRanks’ Stock Analysis page.