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G2 Goldfields (TSX: GTWO; OTCQX: GUYGF) has filed an independent technical report for its newly acquired 32,906-acre New Aremu Project in Guyana. The company plans to spin out its greenfields assets into a wholly-owned subsidiary, G3 Goldfields, which will hold multiple properties including New Aremu, Aremu Mine, Amsterdam Option, Tiger Creek Option, and Peters Mine Property.
The technical report reveals gold mineralization in quartz veins and boulder trains, with samples from Aremu East yielding 9.9 g/t Au and 18.5 g/t Au. G2 has completed 2,862 auger samples and is advancing high-priority areas for drilling through geological mapping and trenching.
The company is also mobilizing to the Peters Mine Project, Guyana's first gold mine, which historically produced 42,000 ounces at grades of approximately 40 g/t Au between 1904-1909.
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