# G2 Goldfields Delivers Maiden PEA for the High-Grade Oko Gold Project

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8

Original source: https://money.tmx.com/en/quote/GTWO/news/5109277184239430/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project

Publisher: tmx

Original announcement: 2025-12-18T22:32:08.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: G2 Goldfields Inc.

- Ticker: GTWO

- Exchange: TSX

- Region: Guyana, South America

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Resource update, Economic study, Metallurgy

- Extracted: 2026-09-18 03:06:35 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

G2 Goldfields announced a maiden Preliminary Economic Assessment \(PEA\) for its Oko Gold Project in Guyana, South America, revealing robust economics. The PEA outlines a 14-year mine life with an after-tax NPV5% of $2.6 billion, an IRR of 39%, and a fast payback of 2.6 years, based on a $3,000/oz gold price. The project is underpinned by an updated Mineral Resource Estimate of 1.6 Moz Indicated and 1.9 Moz Inferred gold, and demonstrates high metallurgical recoveries of over 93% for both saprolite and fresh rock.

Reasoning: G2 Goldfields has released a maiden PEA for its Oko Gold Project, showcasing strong economic potential with high IRR and NPV, supported by a significant gold resource and good metallurgical recoveries. However, the study's preliminary nature, reliance on Inferred resources, and aggressive gold price assumption introduce notable risks.

- Positive factor: Maiden PEA demonstrates robust economics for the Oko Gold Project with high IRR and NPV.

- Positive factor: Significant gold resource base, including high-grade underground indicated resources.

- Positive factor: High metallurgical recoveries achieved for both saprolite and fresh rock material.

- Positive factor: Project located in a mining-friendly jurisdiction \(Guyana\).

- Negative factor: The economic assessment is a Preliminary Economic Assessment \(PEA\), which carries a higher degree of uncertainty.

- Negative factor: A substantial portion of the economic model relies on Inferred mineral resources.

- Negative factor: The base case gold price assumption of $3,000/oz is aggressive.

- Negative factor: High open pit strip ratio of 5.4:1.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 26

## Classification and evidence

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The source explicitly discloses a revised resource estimate

Evidence · text

> updated resource

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: the document describes a mill\_cil route \("CIL"\)

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: the document describes a gravity route \("gravity"\)

**Multi-Domain Tested**

Polarity: positive

Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed.

Why it applies: 3 distinct composites were tested

## Extracted facts

Stored fact records: 25. Some facts used in scoring do not have a stored record.

## Resource Estimates (22)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-1)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:765da78b1051e6c935ff
- Deposit or zone: Oko Main Zone
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 1132000
- Grade: 2.01
- Grade Unit: g/t
- Contained Metal: 73000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This indicated resource contributes to the overall project, providing a foundation for future studies.

- Positive factor: Indicated resource category provides a reasonable level of geological confidence.

Evidence · table

> 1,132,000

Context: Oko Main Zone \(OMZ\)

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-2)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:4e05d2b18f711a3c84f3
- Deposit or zone: Oko Main Zone
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 509000
- Grade: 0.75
- Grade Unit: g/t
- Contained Metal: 12300
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This inferred resource provides exploration upside but requires further drilling to upgrade confidence.

- Negative factor: Inferred resource category has a lower level of geological confidence and cannot be used for economic studies alone.

Evidence · table

> 509,000

Context: Oko Main Zone \(OMZ\)

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-3)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:4fd56d73e6e7cb0728dc
- Deposit or zone: Oko Main Zone
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 1693000
- Grade: 13.63
- Grade Unit: g/t
- Contained Metal: 741600
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This high-grade indicated underground resource is a significant positive for the project's economics and future development.

- Positive factor: Very high gold grade of 13.63 g/t in the indicated category, indicating strong economic potential.

- Positive factor: Indicated resource category provides a high level of geological confidence for underground mining.

Evidence · table

> 1,693,000

Context: Oko Main Zone \(OMZ\)

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-4)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:efea59aa5ca599958571
- Deposit or zone: Oko Main Zone
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 2398000
- Grade: 6.77
- Grade Unit: g/t
- Contained Metal: 522100
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This high-grade inferred underground resource provides significant exploration upside and potential for future conversion to higher confidence categories.

- Positive factor: High gold grade of 6.77 g/t in the inferred category, indicating strong potential for future upgrade.

- Negative factor: Inferred resource category has a lower level of geological confidence and cannot be used for economic studies alone.

Evidence · table

> 2,398,000

Context: Oko Main Zone \(OMZ\)

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-5)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:d5d1d9697f77d544ba30
- Deposit or zone: Oko Main Zone
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 2825000
- Grade: 8.97
- Grade Unit: g/t
- Contained Metal: 814600
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This combined indicated resource for OMZ represents a significant and high-grade component of the overall project.

- Positive factor: High gold grade of 8.97 g/t for the combined indicated resource.

- Positive factor: Indicated resource category provides a high level of geological confidence.

Evidence · table

> 2,825,000

Context: Oko Main Zone \(OMZ\)

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-6)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:e5a081a289d9075a1454
- Deposit or zone: Oko Main Zone
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 2907000
- Grade: 5.72
- Grade Unit: g/t
- Contained Metal: 534400
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This combined inferred resource for OMZ provides significant exploration upside for the project.

- Positive factor: High gold grade of 5.72 g/t for the combined inferred resource, indicating good potential.

- Negative factor: Inferred resource category has a lower level of geological confidence and cannot be used for economic studies alone.

Evidence · table

> 2,907,000

Context: Oko Main Zone \(OMZ\)

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-7)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:79337bd18e4d3e525737
- Deposit or zone: Ghanie
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 6574000
- Grade: 1.85
- Grade Unit: g/t
- Contained Metal: 390300
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This indicated open pit resource at Ghanie contributes to the overall project's resource base.

- Positive factor: Indicated resource category provides a reasonable level of geological confidence.

Evidence · table

> 6,574,000

Context: Ghanie

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-8)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:2dc573004095cfa8558e
- Deposit or zone: Ghanie
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 4128000
- Grade: 1.01
- Grade Unit: g/t
- Contained Metal: 133800
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This inferred open pit resource at Ghanie provides exploration upside but requires further drilling to upgrade confidence.

- Negative factor: Inferred resource category has a lower level of geological confidence and cannot be used for economic studies alone.

Evidence · table

> 4,128,000

Context: Ghanie

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-9)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:744d1cb3bb28550299a6
- Deposit or zone: Ghanie
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 1064000
- Grade: 6.45
- Grade Unit: g/t
- Contained Metal: 220800
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This high-grade indicated underground resource at Ghanie is a significant positive for the project's economics.

- Positive factor: High gold grade of 6.45 g/t in the indicated category, indicating strong economic potential.

- Positive factor: Indicated resource category provides a high level of geological confidence for underground mining.

Evidence · table

> 1,064,000

Context: Ghanie

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-10)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:c05040801179f94dece1
- Deposit or zone: Ghanie
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 7409000
- Grade: 4.72
- Grade Unit: g/t
- Contained Metal: 1123300
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This inferred underground resource at Ghanie provides significant exploration upside and potential for future conversion.

- Positive factor: Good gold grade of 4.72 g/t in the inferred category, indicating potential for future upgrade.

- Negative factor: Inferred resource category has a lower level of geological confidence and cannot be used for economic studies alone.

Evidence · table

> 7,409,000

Context: Ghanie

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-11)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:d1fb0b7dac996755ecba
- Deposit or zone: Ghanie
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 7638000
- Grade: 2.49
- Grade Unit: g/t
- Contained Metal: 611100
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This combined indicated resource for Ghanie represents a significant component of the overall project's resource base.

- Positive factor: Indicated resource category provides a reasonable level of geological confidence.

Evidence · table

> 7,638,000

Context: Ghanie

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-12)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:138db1de9d8ae575c6ec
- Deposit or zone: Ghanie
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 11537000
- Grade: 3.39
- Grade Unit: g/t
- Contained Metal: 1257100
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This combined inferred resource for Ghanie provides significant exploration upside for the project.

- Positive factor: Good gold grade of 3.39 g/t for the combined inferred resource, indicating potential for future upgrade.

- Negative factor: Inferred resource category has a lower level of geological confidence and cannot be used for economic studies alone.

Evidence · table

> 11,537,000

Context: Ghanie

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-13)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:058174eba7c28c876418
- Deposit or zone: New Oko Discovery
- Mining method: open\_pit

#### Resource Data

- Category: indicated
- Tonnes: 5090000
- Grade: 1.18
- Grade Unit: g/t
- Contained Metal: 193800
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This indicated open pit resource from the New Oko Discovery contributes to the project's resource base and demonstrates exploration success.

- Positive factor: Indicated resource category provides a reasonable level of geological confidence.

- Positive factor: New discovery adds to the overall resource base.

Evidence · table

> 5,090,000

Context: New Oko Discovery

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-14)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:08cd798f3f8b481b2e85
- Deposit or zone: New Oko Discovery
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 1269400
- Grade: 0.88
- Grade Unit: g/t
- Contained Metal: 36100
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This inferred open pit resource from the New Oko Discovery provides exploration upside but requires further drilling to upgrade confidence.

- Positive factor: New discovery adds to the overall resource base.

- Negative factor: Inferred resource category has a lower level of geological confidence and cannot be used for economic studies alone.

Evidence · table

> 1,269,400

Context: New Oko Discovery

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-15)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:c4d7cc58c28a7f89e8e2
- Deposit or zone: New Oko Discovery
- Mining method: underground

#### Resource Data

- Category: indicated
- Tonnes: 18000
- Grade: 1.9
- Grade Unit: g/t
- Contained Metal: 1100
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This small indicated underground resource from the New Oko Discovery contributes to the project's resource base.

- Positive factor: Indicated resource category provides a reasonable level of geological confidence.

- Positive factor: New discovery adds to the overall resource base.

Evidence · table

> 18,000

Context: New Oko Discovery

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-16)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:76051758b6248f486944
- Deposit or zone: New Oko Discovery
- Mining method: underground

#### Resource Data

- Category: inferred
- Tonnes: 590000
- Grade: 2.05
- Grade Unit: g/t
- Contained Metal: 38900
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This inferred underground resource from the New Oko Discovery provides exploration upside but requires further drilling to upgrade confidence.

- Positive factor: New discovery adds to the overall resource base.

- Negative factor: Inferred resource category has a lower level of geological confidence and cannot be used for economic studies alone.

Evidence · table

> 590,000

Context: New Oko Discovery

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-17)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:0823c13ef9ebf305a221
- Deposit or zone: New Oko Discovery
- Mining method: combined

#### Resource Data

- Category: indicated
- Tonnes: 5108000
- Grade: 1.19
- Grade Unit: g/t
- Contained Metal: 194900
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This combined indicated resource from the New Oko Discovery contributes to the project's resource base and demonstrates exploration success.

- Positive factor: Indicated resource category provides a reasonable level of geological confidence.

- Positive factor: New discovery adds to the overall resource base.

Evidence · table

> 5,108,000

Context: New Oko Discovery

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-18)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:21710634701e1bb83270
- Deposit or zone: New Oko Discovery
- Mining method: combined

#### Resource Data

- Category: inferred
- Tonnes: 1859000
- Grade: 1.25
- Grade Unit: g/t
- Contained Metal: 75000
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This inferred combined resource from the New Oko Discovery provides exploration upside but requires further drilling to upgrade confidence.

- Positive factor: New discovery adds to the overall resource base.

- Negative factor: Inferred resource category has a lower level of geological confidence and cannot be used for economic studies alone.

Evidence · table

> 1,859,000

Context: New Oko Discovery

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-19)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:b45f7daae28f92ac23ac
- Deposit or zone: Oko N
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 1293000
- Grade: 0.78
- Grade Unit: g/t
- Contained Metal: 32500
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This inferred open pit resource at Oko N provides exploration upside but requires further drilling to upgrade confidence.

- Negative factor: Inferred resource category has a lower level of geological confidence and cannot be used for economic studies alone.

Evidence · table

> 1,293,000

Context: Oko N

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-20)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:109c39c43b60f23c3497
- Deposit or zone: Oko NW
- Mining method: open\_pit

#### Resource Data

- Category: inferred
- Tonnes: 374000
- Grade: 0.94
- Grade Unit: g/t
- Contained Metal: 11300
- Contained Unit: oz

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This inferred open pit resource at Oko NW provides exploration upside but requires further drilling to upgrade confidence.

- Negative factor: Inferred resource category has a lower level of geological confidence and cannot be used for economic studies alone.

Evidence · table

> 374,000

Context: Oko NW

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-21)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:b4fe8a58429261a23916
- Deposit or zone: Entire Oko Project
- Mining method: combined

#### Resource Data

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

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: The overall indicated resource for the Oko Project is substantial and provides a solid base for economic studies.

- Positive factor: Significant indicated gold resource of 1.62 Moz at 3.24 g/t Au, providing a strong foundation for the project.

- Positive factor: Indicated resource category provides a high level of geological confidence.

Evidence · table

> 15,571,000

Context: Entire Oko Project

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-resource-facts-22)

Oko Gold Project · gold

#### Identity

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

#### Resource scope

- Estimate type: resource
- Effective date: 2025-11-20T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: William J. Lewis, P.Geo.
- Resource group id: resource:74ee069b5eeea9798d7b
- Deposit or zone: Entire Oko Project
- Mining method: combined

#### Resource Data

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

#### Prior Estimate

- Resource Date: 2025-11-20

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: The overall inferred resource for the Oko Project provides significant exploration upside and potential for future conversion to higher confidence categories.

- Positive factor: Significant inferred gold resource of 1.91 Moz at 3.31 g/t Au, indicating substantial exploration upside.

- Negative factor: Inferred resource category has a lower level of geological confidence and cannot be used for economic studies alone.

Evidence · table

> 17,970,000

Context: Entire Oko Project

#### 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

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

## Metallurgical Results (3)

### CIL

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-metallurgical-facts-23)

Oko Gold Project · gold

#### Identity

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

#### Test Work

- Program Status: detailed
- Test Type: CIL
- Processing Route: comminution, gravity concentration, cyanide leach and adsorption via CIL, carbon elution and gold recovery circuits
- Sample: Saprolite feed

#### Recovery

- Recovery: 93.3 %
- Recovery Basis: actual\_test
- Head Grade: 0.87
- Head Grade Unit: g/t

#### Lab

- Laboratory: MSALABS Guyana

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: Metallurgical test work shows high gold recovery for saprolite material using a conventional CIL circuit, which is a positive for project viability.

- Positive factor: High gold recovery of 93.3% for saprolite feed, indicating efficient processing for this material type.

- Positive factor: Standard CIL processing route is well-established and proven.

Evidence · table

> 93.3

Context: Saprolite

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the mill\_cil signal

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

### CIL

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-metallurgical-facts-24)

Oko Gold Project · gold

#### Identity

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

#### Test Work

- Program Status: detailed
- Test Type: CIL
- Processing Route: comminution, gravity concentration, cyanide leach and adsorption via CIL, carbon elution and gold recovery circuits
- Sample: Fresh Rock feed

#### Recovery

- Recovery: 94.1 %
- Recovery Basis: actual\_test
- Head Grade: 2.6
- Head Grade Unit: g/t

#### Lab

- Laboratory: MSALABS Guyana

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: Metallurgical test work shows high gold recovery for fresh rock material using a conventional CIL circuit, which is a positive for project viability.

- Positive factor: High gold recovery of 94.1% for fresh rock feed, indicating efficient processing for this material type.

- Positive factor: Standard CIL processing route is well-established and proven.

Evidence · table

> 94.1

Context: Fresh Rock

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the mill\_cil signal

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

### CIL

[Link to this fact](https://atlas-extractions.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--1dbb3957-2706-42eb-82fd-801ba9f622a8#fact-metallurgical-facts-25)

Oko Gold Project · gold

#### Identity

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

#### Test Work

- Program Status: detailed
- Test Type: CIL
- Processing Route: comminution, gravity concentration, cyanide leach and adsorption via CIL, carbon elution and gold recovery circuits
- Sample: Total \(LOM\) feed

#### Recovery

- Recovery: 94 %
- Recovery Basis: actual\_test
- Head Grade: 2.39
- Head Grade Unit: g/t

#### Lab

- Laboratory: MSALABS Guyana

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: Metallurgical test work shows high gold recovery for the total LOM feed using a conventional CIL circuit, which is a positive for project viability.

- Positive factor: High gold recovery of 94.0% for the total LOM feed, indicating efficient processing for the overall material blend.

- Positive factor: Standard CIL processing route is well-established and proven.

Evidence · table

> 94.0

Context: Total \(LOM\)

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the mill\_cil signal

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

## 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.