Welcome to our dedicated page for G2 Goldfields news (Ticker: GUYGF), a resource for investors and traders seeking the latest updates and insights on G2 Goldfields stock.
G2 Goldfields Inc. reports developments tied to its gold exploration and development work in Guyana, led by the high-grade Oko Gold Project. Company news centers on drilling results, mineral resource updates, preliminary economic assessment work, NI 43-101 technical reporting, and project advancement across the Oko district.
Recurring updates also cover capital-structure disclosures, shareholder voting matters, governance items, material agreements, and operating and financial results. The company’s disclosures frequently connect exploration results and technical studies with the development profile of the Oko project and related gold targets in the Guiana Shield.
G2 Goldfields (OTCQX:GUYGF), G Mining Ventures (TSX:GMIN) and G3 Goldfields provided an update on their proposed plan of arrangement. Under the Arrangement, GMIN will acquire all issued and outstanding G2 shares, while G2 will spin out G3 Goldfields as a separate company.
According to G2 Goldfields, remaining closing conditions are expected to be satisfied by the end of July 2026, with the Effective Date to be announced. G2 shareholders are to receive 0.212 GMIN shares and 0.5 G3 shares for each G2 share held. After closing, G2 shares are expected to be delisted from the TSX and OTCQX, and G2 will seek to cease being a reporting issuer. G3 has applied to list its shares on the Canadian Securities Exchange, subject to meeting CSE listing requirements.
G2 Goldfields (OTCQX:GUYGF) obtained a final court order for its plan of arrangement with G Mining Ventures and the spin-out of G3 Goldfields.
G2 shareholders will receive 0.212 GMIN shares and 0.5 G3 shares per G2 share, with closing expected in July 2026.
G2 Goldfields (OTCQX:GUYGF, TSX:GTWO) shareholders approved a plan of arrangement with G Mining Ventures (GMIN) and a G3 Goldfields spin-out. About 80.61% of shares were voted, with 99.99% supporting the Arrangement.
On closing, each G2 share is expected to receive 0.212 GMIN share and 0.5 G3 share, subject to court approval and customary conditions. G3 has applied to list on the CSE.
G2 Goldfields (TSX:GTWO, OTCQX:GUYGF) filed and began mailing meeting materials for a June 16, 2026 special shareholder meeting on its acquisition by G Mining Ventures and spin-out of G3 Goldfields.
Shareholders would receive 0.212 GMIN share and 0.5 G3 share per G2 share, reflecting a 72% premium and expected completion in early July 2026, subject to approvals.
G2 Goldfields (OTCQX: GUYGF) reported assays from 22 diamond drill holes (10,828m) at the OKO Project, including the deepest intercept to date: 84.5m @ 3.0 g/t Au from 915m, extending mineralization to ~1,000m and remaining open. The company cites a December 2025 PEA with a 14-year mine life, total production ~3.2 Moz and AISC US$1,191/oz. A definitive agreement for G Mining Ventures to acquire G2 was announced, expected to close in June 2026 subject to approvals.
G Mining Ventures (GUYGF) will acquire G2 Goldfields to combine the Oko West and Oko-Ghanie projects into a single, district-scale Oko Project, targeting >500 koz LOM average production and unlocking >C$1 billion of initially quantifiable synergies from shared infrastructure, mill throughput expansion, and permitting acceleration.
The transaction offers G2 shareholders C$10.84 per share consideration via 0.212 GMIN shares plus a spun-out explorer (G3 SpinCo) funded with C$45M and a CVR up to US$200M; closing expected Q2 2026 subject to approvals.
G2 Goldfields (OTCQX: GUYGF) is advancing the Oko Gold Project in Guyana with a large, high-grade resource of approximately 3.5 million ounces at 3.3 g/t that remains open in all directions. A completed preliminary economic assessment returned first-quartile global economics.
The company is rapidly de-risking toward permitting while pursuing aggressive exploration along an additional 15 kilometres of strike. G2 is spinning out non-core exploration assets into G3 Goldfields via a 1:2 share distribution in Q1 2026, aiming to isolate the pure-play Oko development project and unlock shareholder value.
G2 Goldfields (TSX: GTWO; OTCQX: GUYGF) reports a 100,000-metre 2026 drilling program at the OKO Gold Project, new discoveries outside existing resources, and a recently published PEA outlining a 10,000 tonne-per-day operation producing 3.2 million ounces at an AISC of US$1,232/oz over 14 years.
Notable results include 66m @ 0.9 g/t Au (OKND 30), 24m @ 2.5 g/t Au (NWOD 70) and 5m @ 4.8 g/t Au (NWOD 69). Feasibility study and construction decision targeted by mid-2027.
G2 Goldfields (TSX: GTWO; OTCQX: GUYGF) filed an NI 43-101 Technical Report supporting a PEA and updated MRE for the high-grade Oko Gold Project (effective Dec 8, 2025).
Highlights: Indicated 1.6 Moz @ 3.24 g/t Au and Inferred 1.9 Moz @ 3.31 g/t Au; 14-year LOM; average annual production 282,000 oz (years 2–11); initial capital $664M; after-tax NPV5% $2.5B and IRR 38% at $3,000/oz.
G2 Goldfields (OTCQX: GUYGF / TSX: GTWO) reported results from 16 diamond drill holes totaling 5,997 m at the OKO Project, Guyana, and highlighted continued expansion of mineralisation beyond current pit shells.
Key technical results include 39.3 g/t Au over 2.7 m, 2.1 g/t Au over 30.0 m, and a deep intercept of 2.4 g/t Au over 50.0 m including 4.0 g/t Au over 23.5 m. The company is running a major drill program with five rigs and ongoing greenfields work with assays pending.
Separately, a December 18, 2025 PEA outlined a 14-year mine life, total production of 3.2 Moz Au, and average annual production of 298,000 oz (years 3–10) at an AISC of US$1,191/oz.