• Drilling intersects broad zones of high-grade gold mineralization down plunge of original Discovery Zone
• High grade intersections include:
  • AMD30 –5.9g/t Au over 60 metres(m)including9.3g/t Au over 22.5m
  • AMD50 –2.2g/t Au over99.9mincluding5.5g/t Au over25.5m
  • AMD37 –3.0g/t Au over51.0mincluding6.3g/t Au over10.5m
• Five drill rigs active in the Discovery Area
• Updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) anticipated in Q4 2025

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Multiple gold targets have been delineated north of existing resources along a 15km trend.

Figure 1 — Plan View of District Target Areas

G2 has completed 69 diamond drill holes totalling 13,239m in the New Oko Discovery Area, where 56 of these holes targeted the ‘Main Shear’. This release provides assay results for 25 drill holes (AMD26 to AMD50 inclusive) totalling 4,113m, of which, 17 holes targeted the Main Shear Zone. Complete results for all 25 holes are available here 

Discussion of Results

Drilling is primarily focused on exploring for gold mineralisation down-plunge of previously reported near surface gold intercepts. Broad zones of gold mineralisation were intercepted at vertical depths of up to 150m, with a distinct high-grade zone of mineralisation encountered in the south-western portion of the 700m long zone.

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Figure 2 – Long Section of New OKO Discovery

north of the New OKO Discovery and require further work.

Figure 4 – Plan View of New OKO Discovery

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Boaz Wade, VP Exploration, commented;

“This round of drilling, which was aimed at targeting higher grade zones, has delivered the two best down-hole intercepts on the New Oko Discovery to date.

“The other drill holes indicate continuity of mineralization within a plunging high-grade shoot as well as along strike in the broader shear structure.

“Extensions to the high-grade zone intersected by holes AMD30 and AMD50 will be part of the target areas for the next phase of drilling as we aim to aggressively advance exploration on this discovery with multiple drill rigs.”

Dan Noone, CEO, added:

“These are some of the best holes drilled in the region to date. Near surface, high-grade hits like these bode well for our upcoming mineral resource estimate expected

“in early Q4 2025 – the Company’s fourth resource estimate in the last three years – as well as a Preliminary Economic Assessment (PEA) expected in Q4 2025.”

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