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G2 Goldfields (TSX: GTWO; OTCQX: GUYGF) has announced two key appointments to strengthen its leadership team. Jacqueline Wagenaar joins as VP, Investor Relations, bringing 17 years of capital markets experience. She will lead the capital markets program and manage the upcoming spin-out of G3 Goldfields, expected in Q1 2025. Roopesh Sukhu has been promoted to VP, Business Development - Guyana, tasked with driving regional growth through land identification and acquisitions.
Wagenaar, a Certified Professional in Investor Relations, previously led successful IR programs at Solaris Resources and Guyana Goldfields. Sukhu, a Geological Engineer with over 15 years of experience, will oversee exploration activities and manage government relations in Guyana. The G3 Goldfields spin-out, recently approved by shareholders, will include G2's non-core assets through a plan of arrangement, pending final court and regulatory approvals.
G2 Goldfields (TSX: GTWO; OTCQX: GUYGF) has secured agreements to acquire two strategic property packages in Region 7, Guyana. The first property (5,457 acres) is adjacent to G2's current holdings in the OKO-AREMU district, featuring 4 km of strike length along the Bartica Batholith contact. The second property (20,739 acres) contains a 6 km strike length shear zone with significant gold potential, evidenced by surface gold nuggets and visible gold in quartz vein outcrop.
The Oko-Aremu area currently hosts gold resources exceeding 7.8 million ounces, with an updated mineral resource estimate expected in the coming weeks. The company continues aggressive drilling in high-grade mineralization corridors extending northward. Neither property has undergone modern exploration techniques, presenting significant exploration potential.
G2 Goldfields (TSX: GTWO; OTCQX: GUYGF) has announced the acquisition of two strategic property packages in Region 7, Guyana. The first property ('Property A') spans 5,457 acres adjacent to G2's current holdings in the OKO-AREMU district, featuring 4 km of strike length along the Bartica Batholith contact. The second acquisition ('Property B') encompasses 20,739 acres with a 6 km strike length shear zone, notable for surface gold nuggets and visible gold in quartz vein outcrop.
The Oko-Aremu area currently hosts gold resources exceeding 7.8 million ounces, with an updated mineral resource estimate expected in the coming weeks. The company continues drilling high-grade mineralization corridors northward. Neither property has undergone modern exploration techniques, presenting significant exploration potential. G2 is mobilizing resources to explore these newly acquired areas and plans to announce additional partnerships to strengthen its regional position.
G2 Goldfields (TSX:GTWO; OTCQX:GUYGF) announced the results of its annual general and special meeting, where shareholders approved both annual matters and the proposed spin-out of non-core assets into G3 Goldfields. The meeting saw participation representing 63.50% of total votes, with 152,211,687 shares voted.
All resolutions passed with strong majority support, including director elections, auditor appointment, and matters related to the spin-out arrangement. The plan to create G3 Goldfields through a plan of arrangement received 99.94% approval. The spin-out remains subject to final court approval, scheduled for January 30, 2025, and regulatory approvals including the Toronto Stock Exchange. The transaction is expected to complete in Q1 2025.
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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