G2 Goldfields Inc.
The Aremu/Oko Gold Project
“Looking For >5M Ounce Gold Deposits”
“The OKO concessions are the current focus of G2 Goldfields exploration activities in Guyana. OKO has six historical artisanal shafts (+/- 50 m) in the saprolite horizon and numerous alluvial pits over a 1.1 km strike open in all directions. The style of mineralization is a subset of the Orogenic Gold style that is associated with Carbonaceous Sediments. Examples of this style of mineralization are the giant Bendigo (Victoria), northern Carlin Trend (Nevada) and Sukhoi Log (Siberia) districts. As in the aforementioned districts, gold mineralization at Aremu / Oko, is hosted in structural sites such as fold hinges, shears and breccias within or adjacent to Carbonaceous Sediments. The aerial extent of outcropping gold mineralization (15km by 6km) presents a district scale target.”
-Dan Noone, VP Exploration
OKO
The OKO concessions are the current focus of G2 Goldfields exploration activities in Guyana. OKO has six historical artisanal shafts (+/- 50 m) in the saprolite horizon and numerous alluvial pits over a 1.1 km strike open in all directions.
This is the first modern exploration program of sampling, geophysics and diamond drilling that has been conducted at the OKO property. Drill results to date have indicated significant and widespread gold mineralization over a 750 m strike length with current drilling attempting to expand the strike limits of mineralization beyond 1.1 km. Drilling has focused only on the OKO deformation zone (ODZ).
“Over the 1.1km length of the Oko Deformaton Zone (ODZ), gold mineralisation is encountered as high-grade NNE trending veins and as disseminated mineralization within the tightly folded carbonaceous shales.
Results confirm that along the ODZ, gold mineralisation penetrates into the carbonaceous shales where the high-grade NE trending veins intersect the axial plane of the folding at an oblique angle. This generates wide, elongated, lozenge shaped bodies of disseminated mineralization within the carbonaceous shales which are the principal target of the next phase of drilling.”
– Dan Noone, VP Exploration
AREMU MINE
The Aremu Mine area includes the site of the original Aremu mine which operated between 1909 – 1911, producing 6,488 oz. from 14,632 tons of processed rock.
Company geologists have collected 696 soil samples, 97 grab samples and 385 channel samples in this district. Additionally, G2 technical staff have mapped a total of eleven significant quartz vein structures in the district as identified in Figure 1.
A total of ninety-seven grab samples were also collected from the AREMU NORTH district with values ranging from nil to 51 g/t Au, G2 geologists are currently designing a drill program for this area for Q1 2020.
AREMU SOUTH
Approximately 3 km south of the historic mine area results of 560 soil samples has outlined a 3 km long, east west trending + 100 ppb Au soil anomaly.
Grab samples (15) and Channel samples (81) have assayed between nil and 1.43 g/t Au (Grab) and 9.2 g/t Au (1 metre channel). Further surface work in this area is required to more fully define exact drill target locations.
Source: https://g2goldfields.com/projects/#aremu-oko-gold-project
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