# G2 Announces New Gold Discoveries Outside Existing Mineral Resources and Provides Corporate Update

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/g2-announces-new-gold-discoveries-outside-existing-mineral-resources-and-provide--64887523-9da1-4158-9794-87c84d176cfc

Original source: https://money.tmx.com/en/quote/GTWO/news/8432767351333988/g2-announces-new-gold-discoveries-outside-existing-mineral-resources-and-provide

Publisher: tmx

Original announcement: 2026-02-11T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: G2 Goldfields Inc.

- Ticker: GTWO

- Exchange: TSX

- Region: Guyana

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results, Resource update

- Extracted: 2026-09-18 03:00:58 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

G2 Goldfields has announced new gold discoveries at the Oko Gold Project in Guyana, specifically at the Sands and Oko North targets, located outside existing mineral resources. The company is currently executing a 100,000-metre drilling program to expand the resource and support an upcoming Feasibility Study.

Reasoning: The release reports significant new gold discovery intercepts at the Sands and Oko North targets, expanding the footprint of the Oko Gold Project outside existing resources.

- Positive factor: New gold discoveries at Sands and Oko North targets

- Positive factor: Significant oxide intercepts outside existing resources

- Positive factor: Large 100,000-metre drilling program underway

- Positive factor: QA/QC protocols clearly disclosed with accredited lab

- Negative factor: Apparent widths reported at Sands without true width disclosure

Facts used in scoring: 9

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Drilling at Sands and Oko North delivers intercepts outside existing mineral resources.

Evidence · text

> new gold discoveries located outside existing mineral resources

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that insufficient drilling has been completed to determine true widths at the Sands target area.

Evidence · text

> Insufficient drilling has been completed to determine true widths at the sands target area.

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release includes details on accredited laboratory \(MSALABS\), standards, blanks, and duplicates.

Evidence · text

> Certified gold reference standards, blanks, and field duplicates are routinely inserted into the sample stream

## Extracted facts

Stored fact records: 9. Some facts used in scoring do not have a stored record.

## Drill Results (7)

### NWOD 69

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-announces-new-gold-discoveries-outside-existing-mineral-resources-and-provide--64887523-9da1-4158-9794-87c84d176cfc#fact-drill-facts-0)

Oko North · gold

#### Identity

- Hole ID: NWOD 69
- Project: Oko North
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: GTWO

#### Geometry

- Grade: 4.8
- Grade Unit: g/t
- Intercept: 5 m
- From: 40.5 m
- To: 45.5 m
- Intercept Depth: 40.5 m

#### Classification

- Sample Type: drill
- Group ID: NWOD 69:40.5-45.5

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-11T00:00:00.000Z

Reasoning: High-grade intercept at the Sands discovery area.

- Positive factor: Strong grade intercept

Evidence · table

> 4.8

Context: 5.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### NWOD 69

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-announces-new-gold-discoveries-outside-existing-mineral-resources-and-provide--64887523-9da1-4158-9794-87c84d176cfc#fact-drill-facts-1)

Oko North · gold

#### Identity

- Hole ID: NWOD 69
- Project: Oko North
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: GTWO

#### Geometry

- Grade: 31.9
- Grade Unit: g/t
- Intercept: 0.6 m
- From: 41.4 m
- To: 42 m
- Intercept Depth: 41.4 m

#### Classification

- Sample Type: drill
- Group ID: NWOD 69:41.4-42

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-11T00:00:00.000Z

Reasoning: Very high grade narrow intercept.

- Positive factor: Bonanza grade intercept

Evidence · table

> 31.9

Context: 0.6

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### NWOD 70

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-announces-new-gold-discoveries-outside-existing-mineral-resources-and-provide--64887523-9da1-4158-9794-87c84d176cfc#fact-drill-facts-2)

Oko North · gold

#### Identity

- Hole ID: NWOD 70
- Project: Oko North
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: GTWO

#### Geometry

- Grade: 2.5
- Grade Unit: g/t
- Intercept: 24 m
- From: 37 m
- To: 61 m
- Intercept Depth: 37 m

#### Classification

- Sample Type: drill
- Group ID: NWOD 70:37-61

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-11T00:00:00.000Z

Reasoning: Wide, meaningful gold intercept.

- Positive factor: Significant width and grade

Evidence · table

> 2.5

Context: 24.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### NWOD 70

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-announces-new-gold-discoveries-outside-existing-mineral-resources-and-provide--64887523-9da1-4158-9794-87c84d176cfc#fact-drill-facts-3)

Oko North · gold

#### Identity

- Hole ID: NWOD 70
- Project: Oko North
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: GTWO

#### Geometry

- Grade: 12.8
- Grade Unit: g/t
- Intercept: 4 m
- From: 37 m
- To: 41 m
- Intercept Depth: 37 m

#### Classification

- Sample Type: drill
- Group ID: NWOD 70:37-41

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-11T00:00:00.000Z

Reasoning: High grade inclusion within NWOD 70.

- Positive factor: High grade intercept

Evidence · table

> 12.8

Context: 4.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### NWOD 75

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-announces-new-gold-discoveries-outside-existing-mineral-resources-and-provide--64887523-9da1-4158-9794-87c84d176cfc#fact-drill-facts-4)

Oko North · gold

#### Identity

- Hole ID: NWOD 75
- Project: Oko North
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: GTWO

#### Geometry

- Grade: 0.5
- Grade Unit: g/t
- Intercept: 21.4 m
- From: 101.1 m
- To: 122.5 m
- Intercept Depth: 101.1 m

#### Classification

- Sample Type: drill
- Group ID: NWOD 75:101.1-122.5

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-11T00:00:00.000Z

Reasoning: Wide but lower grade intercept.

- Positive factor: Significant width

Evidence · table

> 0.5

Context: 21.4

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### OKND 30

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-announces-new-gold-discoveries-outside-existing-mineral-resources-and-provide--64887523-9da1-4158-9794-87c84d176cfc#fact-drill-facts-5)

Oko North · gold

#### Identity

- Hole ID: OKND 30
- Project: Oko North
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: GTWO

#### Geometry

- Grade: 0.9
- Grade Unit: g/t
- Intercept: 66 m
- From: 25.5 m
- To: 91.5 m
- Intercept Depth: 25.5 m

#### Classification

- Sample Type: drill
- Group ID: OKND 30:25.5-91.5

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-11T00:00:00.000Z

Reasoning: Large oxide intercept at Oko North.

- Positive factor: Significant width

Evidence · text

> 66m @ 0.9 g/t Au \(OKND 30\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### ONCH 3

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-announces-new-gold-discoveries-outside-existing-mineral-resources-and-provide--64887523-9da1-4158-9794-87c84d176cfc#fact-drill-facts-6)

Oko North · gold

#### Identity

- Hole ID: ONCH 3
- Project: Oko North
- Commodity: gold
- Region: guyana
- Reported Region: guyana
- Ticker: GTWO

#### Geometry

- Grade: 4.1
- Grade Unit: g/t
- Intercept: 6 m

#### Classification

- Sample Type: channel

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-11T00:00:00.000Z

Reasoning: High grade trench intercept.

- Positive factor: High grade surface intercept

Evidence · text

> 6m @ 4.1 g/t Au \(trench ONCH 3\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## Resource Estimates (2)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-announces-new-gold-discoveries-outside-existing-mineral-resources-and-provide--64887523-9da1-4158-9794-87c84d176cfc#fact-resource-facts-7)

Oko Gold Project · gold

#### Identity

- Project: Oko Gold Project
- Commodity: gold
- Region: guyana
- Reported Region: Guyana
- Ticker: GTWO

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:2c381dce15a7d36f710e
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 15571000
- Grade: 3.24
- Grade Unit: g/t
- Contained Metal: 1620600
- Contained Unit: oz. au

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-11T00:00:00.000Z

Reasoning: Existing indicated resource component of the Oko project.

- Positive factor: Established resource base

Evidence · text

> 1,620,600 oz. Au – Indicated contained within 15,571,000 tonnes @ 3.24 g/t Au

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-announces-new-gold-discoveries-outside-existing-mineral-resources-and-provide--64887523-9da1-4158-9794-87c84d176cfc#fact-resource-facts-8)

Oko Gold Project · gold

#### Identity

- Project: Oko Gold Project
- Commodity: gold
- Region: guyana
- Reported Region: Guyana
- Ticker: GTWO

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- Resource group id: resource:d178e13fc7a07b1be88d
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 17970000
- Grade: 3.31
- Grade Unit: g/t
- Contained Metal: 1910300
- Contained Unit: oz. au

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-02-11T00:00:00.000Z

Reasoning: Existing inferred resource component of the Oko project.

- Positive factor: Significant inferred resource

Evidence · text

> 1,910,300 oz. Au – Inferred contained within 17,970,000 tonnes @ 3.31 g/t Au

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
