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The latest update is out from G2 Goldfields Inc ( (TSE:GTWO) ).
G2 Goldfields Inc. has filed an independent technical report for its newly acquired New Aremu Project in Guyana. The company plans to spin out its interest in certain greenfield assets into a new subsidiary, G3 Goldfields Inc., which will include several key projects in the Cuyuni and Puruni districts of Guyana. This strategic move is expected to enhance G2’s focus on core assets while potentially expanding G3’s portfolio with additional gold assets. The technical report highlights significant gold mineralization in quartz veins and boulders, underscoring the potential of these properties for future development.
More about G2 Goldfields Inc
G2 Goldfields Inc. operates in the mining industry, focusing on the exploration and development of gold properties. The company is prominently involved in gold exploration projects in Guyana, a region known for its rich mineral resources.
YTD Price Performance: 13.64%
Average Trading Volume: 141,369
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$568.4M
For an in-depth examination of GTWO stock, go to TipRanks’ Stock Analysis page.
