G2 Goldfields Announces Filing and Mailing of Meeting Materials

G2 Goldfields (TSX: GTWO)

Announced that it has filed the management information circular and related meeting materials for the special meeting of the holders of common shares of G2 to be held on June 16, 2026.

At the Meeting, the G2 Shareholders will be asked to consider and, if deemed advisable, pass a special resolution approving the Arrangement and resolutions approving matters relating to the Spin-Out.

 

 

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G2 Goldfields

 

 

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G2 Goldfields TSX: GTWO
Stage Development + Exploration
Metals Gold
Market cap C$2.54b @ C$9.82
Location Guyana
Website www.g2goldfields.com

 

 

 

 

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G2 Goldfields Announces Filing and Mailing of Meeting Materials in Connection With the Acquisition by G Mining Ventures and Spin-Out With G3 Goldfields
 

 

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TORONTO, May 25, 2026 – G2 Goldfields Inc. (“G2” or the “Company”) (TSX:GTWO; OTCQX:GUYGF) is pleased to announce that it has filed the management information circular (the “Circular”) and related meeting materials (collectively, the “Meeting Materials”) for the special meeting of the holders of common shares of G2 (the “G2 Shareholders”) to be held on June 16, 2026 (the “Meeting”).

 

The mailing of the Meeting Materials to G2 Shareholders has commenced, and the Meeting Materials are also available on the Company’s website at www.g2goldfields.com and under the Company’s profile on SEDAR+ at www.sedarplus.ca.

 

The Arrangement

On April 9, 2026, G2 entered into a definitive agreement with G Mining Ventures Corp. (“GMIN”) and G3 Goldfields Inc. (“G3”) pursuant to which GMIN will acquire all of the common shares of G2 (the “G2 Shares”) and G2 will complete a spin-out transaction with G3 (the “Spin-Out”) pursuant to a plan of arrangement under the Canada Business Corporations Act (the “Arrangement”). At the Meeting, the G2 Shareholders will be asked to consider and, if deemed advisable, pass a special resolution (the “Arrangement Resolution”) approving the Arrangement and resolutions approving matters relating to the Spin-Out.

If the Arrangement becomes effective, G2 Shareholders will be entitled to receive (i) 0.212 (the “Exchange Ratio”) of a common share of GMIN (each whole share, a “GMIN Share”) and (ii) 0.5 of a common share of G3 (each whole share, a “G3 Share”), resulting in approximately 19.9% of the issued and outstanding GMIN Shares and 100% of the issued and outstanding G3 Shares being owned by G2 securityholders upon completion of the Arrangement.

Subject to the receipt of shareholder and court approvals, the Arrangement is anticipated to be completed in early July 2026.

 

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Benefits to G2 Shareholders

  • Immediate and significant premium of 72% based on the 30-day volume-weighted average prices of the GMIN Shares and G2 Shares on the Toronto Stock Exchange as of April 8, 2026 (prior to any incremental value from G3).
  • Creation of a Tier-1 Gold District in Guyana through the combination of G2’s Oko-Ghanie Project with GMIN’s adjacent Oko West Project, with self-funded, meaningful long-term exploration upside.
  • Enhanced value through more than $1 billion1 in expected synergies related to throughput, operating costs, capital costs due to shared infrastructure, mine sequencing, and permitting.
  • Accelerated and simplified permitting timeline expected for the Oko-Ghanie Project by combining with the fully permitted Oko West Project.
  • Meaningful participation in an emerging intermediate gold producer with a diverse asset portfolio and strong track record of value creation, including continued exposure to the high-grade Oko-Ghanie Project’s future operational profile and exploration upside.
  • Enhanced financial strength and access to capital through GMIN’s strong balance sheet, access to an undrawn US$350 million revolving credit facility and significant operating cash flow from the Tocantinzinho mine, which are expected to self-fund development of the combined Oko project.
  • Continued exposure to exploration upside through G3, which will be funded with C$45 million in cash and a contingent value right which could potentially deliver payments of up to US$200M, providing continued exposure to G2 management’s substantial exploration pedigree and the potential for future discoveries in Guyana.
  • Access to GMIN’s proven management team with a strong execution track record.
  • Improved trading liquidity and enhanced capital markets profile.

 

 

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To read the full news release please click HERE

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The live Spot gold price can be found HERE

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author is invested in G2 Goldfields 

.

To read our full terms and conditions, please click HERE



G2 Goldfields Extends High-Grade OKO Resource, Intercepts 84.5m @ 3.0 g/t Au

G2 Goldfields (TSX: GTWO)

Reported new assay results from its ongoing diamond drilling program at the Company’s OKO Project in Guyana.

The latest drilling successfully extended high-grade shoots down-plunge at the Ghanie deposit, upgraded and confirmed central infill mineralization, and extended gold mineralization south of the existing Ghanie resource along the “Border Zone”.

 

 

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G2 Goldfields

 

 

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G2 Goldfields TSX: GTWO
Stage Development + Exploration
Metals Gold
Market cap C$2.67b @ C$10.31
Location Guyana
Website www.g2goldfields.com

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G2 Goldfields Extends High-Grade OKO Resource to Depths of 1km, Intercepts 84.5m @ 3.0 g/t Au

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TORONTO, May 04, 2026 (GLOBE NEWSWIRE) — G2 Goldfields Inc.(“G2” or the “Company”) (TSX: GTWO) is pleased to report new assay results from its ongoing diamond drilling program at the Company’s OKO Project in Guyana (“OKO” or the “Project”).

The latest drilling successfully extended high-grade shoots down-plunge at the Ghanie deposit, upgraded and confirmed central infill mineralization, and extended gold mineralization south of the existing Ghanie resource along the “Border Zone”.

On April 9, 2026, G2 entered into a definitive agreement whereby neighbouring G Mining Ventures Corp. (“GMIN”) will acquire all of the issued and outstanding shares of G2 pursuant to a court approved plan of arrangement, expected to close in June 2026, subject to shareholder and court approvals.

In December 2025, G2 released key findings from an independent Preliminary Economic Assessment (“PEA”)[see press release dated December 18, 2025] outlining a combined open pit and underground operation with a 14-year mine life and estimate total production of 3.2 million ounces gold at all-in sustaining costs¹ (“AISC”) of US$1,191 per ounce.

Annual production is projected to average 298,000 ounces during years 3 through 10.

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Highlights

  • Deepest hole drilled to date by G2 returned 84.5m @ 3.0 g/t Au from 915m, extending mineralization by 140m vertically to 1km, where it remains open
  • Eight drill rigs actively focused on infill, expansion and discovery drilling, with infill holes returning high-grade intercepts, including GDD270 which returned 20.8m @ 9.6 g/t Au incl. 4.4m @ 36.1 g/t Au
  • Drilling in the “Border Zone” continues to extend gold mineralization south of the existing Ghanie resource, with a high-grade interval of 3.0m @ 10.8 g/t Au from 490m, building on strong prior results in this area

Assay results are reported herein for 22 new diamond drill holes completed within the Ghanie deposit, totalling 10,828 metres (“m”). 

Figure 1 – Longitudinal View of the Oko Deposit Looking West

Figure 1 – Longitudinal View of the Oko Deposit Looking West

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High-Grade Extensions at Depth

Deep drilling continues to extend high-grade mineralization down plunge from the central portion of the Ghanie resource, following up on prior strong results from hole GDD256A, which returned 50.0m @ 2.4 g/t Au (incl. 23.5m @ 4.0g/t Au) from 862m (see press release dated January 6, 2026).

New hole GDD277B returned 84.5m @ 3.0 g/t Au, including 6.0m @ 13.4 g/t Au and 16.4m @ 4.5 g/t Au, representing the deepest intercept at the Oko Project to date and extending mineralization by an additional 140m vertically to 1km where it remains open.

In addition, GGD271A intercepted 1.5m @ 8.1 g/t Au, 3.0m @ 6.1 g/t Au and 3.0m @ 5.8 g/t Au and ended in mineralization at 954m.

These intercepts occur within the principal Ghanie shear zone along the contact between Ghanie diorite and magnetite diorite host rocks, consistent with the Company’s geological model.

These results demonstrate economic widths and grades well beyond the limits of the current mineral resource and highlight the continued growth potential of the Ghanie gold system.

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To read the full news release please click HERE

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The live Spot gold price can be found HERE

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=======

 

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author is invested in G2 Goldfields 

.

To read our full terms and conditions, please click HERE



Market Review April 2026 published

Market Review April 2026

April produced one standout news release, the acquisition of G2 Goldfields by G Mining Ventures. This has focused attention of other neighbouring explorers in Guyana, such as Altair Minerals and Tajiri Resources.

The Highlighted company is Altair Minerals.

Gold and other metals fluctuated with the news from the American attack on Iran, resulting in higher oil prices and lower gold prices.

 

 

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City Investors Circle

 

 

 

 

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City Investors Circle Market Review April 2026 published

 

Market Review April 2026

April produced one standout news release, the acquisition of G2 Goldfields by G Mining Ventures. This has focused attention of other neighbouring explorers in Guyana, such as Altair Minerals and Tajiri Resources.

Gold and other metals fluctuated with the news from the American attack on Iran, with the Iranian denials of US demands resulting in higher oil prices and lower gold prices.

 

 

The Market Review for April 2026 has been published.

The focus is on the volatility in oil and the inverse correlation to the gold price.

The major news story in April 2026 was the acquisition of G2 Goldfields by G Mining Ventures, for an average of $560 per ounce of gold.

The high price is down to the synergies the deal creates, with the projects next door to each other, and a mine already under construction.

 

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The highlighted company this month is Altair Minerals, an ASX listed company with exploration licences in the Greater Oko region, surrounding the south and west of G Mining Ventures’ and G2 Goldfields’ projects in Guyana, South America.

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Other significant news in the Review included

 

Ora Banda Mining (ASX: OBM)

Announced record production and cashflow for Q1 2026.

 

To read the April 2026 Market Review, please click HERE.

 

To receive future issues of the Market Review and invitations to our free to attend mining presentations, please email andrew@city-investors-circle.com

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Archive of March’s news releases is listed below, click the link to be taken to the full story.

  Capricorn Metals Report Exceptional Drill Results at Lexington

  Caprice Divests West Arunta Assets For $2.89M

  Altair Boosted by Endeavour Mining Investment

  Tajiri Resources Launches Concurrent Non‑Brokered Private Placement

  Mining Review 26th April 2026

  Meeka Metals Announce Mt Holland South Gold Acquisition

  Lahontan Reports Cyanide Recoveries Of 81% For Gold and 60% For Silver

  Heliostar Metals Drills 69 Metres Grading 10.1 g/t Gold

  Kaiser Reef Drilling Results and Exploration Update

  Ora Banda Drills Exceptional High-Grade Gold at Golden Pole

  Barton Gold’s First Challenger Assays Return Grades up to 170g/t Au

  Mining Review 19th April 2026

  Barton Gold Challenger DFS Pit Optimisation Drilling Complete

  Ora Banda Reports Record Production and Cashflow in Q1

  Catalyst Metals’ Trident underground gold production nears

  Wesdome Announces Solid Results

  Orla Mining Falls on Union Concerns

  Omai Gold Increases Indicated Mineral Resources to 2.5m oz Au

  Horizon Minerals Becomes Maritana Minerals

  Mining Review 12th April 2026

  Equinox Gold Delivered 197,628 Oz of Gold in Q1

  Orla Mining Discovers High-Grade Zones at Musselwhite

  G Mining Ventures Acquires G2 Goldfields

  Mogotes Metals Drilling Update at Filo Sur

  Meeka Metals Rain Affected March 2026 Quarter Update

  Kaiser Reef Now Fully Leveraged to Spot Gold Prices

  Western Gold Commences Bore Drilling For Production

  Equinox Gold to Produce 540,000 Ounces of Gold PA

  Omai Gold Intersects 7.74 g/t Au over 13.5m at Wenot

  Benz Mining High-Grade Gold Discovery at Kilkenny

  Market Review March 2026

 

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author may hold shares in some or all of the companies mentioned

.

To read our full terms and conditions, please click HERE



G Mining Ventures Acquires G2 Goldfields

G Mining Ventures  (TSX: GMIN)

G2 Mining Ventures and  G2 Goldfields (TSX: GTWO) announced that they have entered into a definitive agreement whereby GMIN will acquire all of the issued and outstanding shares of G2 pursuant to a court approved plan of arrangement.

The Transaction will consolidate two adjacent gold projects in Guyana: G2’s Oko-Ghanie Project and GMIN’s fully permitted and fully financed Oko West Project.

 

 

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City Investors Circle

 

 

G Mining Ventures Announces Uniquely Synergistic Acquisition of G2 Goldfields, Creating a Tier-One Gold Mining Hub in Guyana and One of the Largest, Lowest-Cost Gold Operations in the Americas

 

 

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BROSSARD, Quebec and TORONTO, Ontario, April 9, 2026 – G Mining Ventures Corp. (“GMIN”) (TSX: GMIN, OTCQX:GMINF) and G2 Goldfields Inc. (“G2”) (TSX: GTWO, OTCQX: GUYGF) are pleased to announce that they have entered into a definitive agreement (the “Agreement”) whereby GMIN will acquire all of the issued and outstanding shares of G2 pursuant to a court approved plan of arrangement (the “Transaction”).

The Transaction will consolidate two adjacent gold projects in Guyana: G2’s Oko-Ghanie Project and GMIN’s fully permitted and fully financed Oko West Project, creating a large-scale, low-cost gold mining hub in one of the most prospective emerging gold districts in the world.

The Transaction combines anticipated life of mine (“LOM”) average gold production of approximately 350 koz(1) from GMIN’s Oko West Project and 228 koz(2) from G2’s Oko‑Ghanie Project into a single project with the potential to produce over 500 koz on a LOM average basis.

The combined project is expected to deliver significant near and long-term synergies across throughput, operating costs, capital costs due to shared infrastructure, mine sequencing and permitting. GMIN sees an opportunity to accelerate Oko-Ghanie’s permitting timeline by combining with the fully permitted Oko West Project and the targeted timeline for first gold production at Oko West in the second half of 2027 remains unchanged.

 

Highlights
  • Delivers district-scale consolidation by combining GMIN’s Oko West Project and G2’s Oko-Ghanie Project into a single, highly synergistic, Tier-1, Oko Project.
  • Combines anticipated LOM average gold production of approximately 350 koz(1) from GMIN’s Oko West Project and 228 koz(2) from G2’s Oko‑Ghanie Project into a single project with the potential to produce over 500 koz on a LOM average basis. 
  • Unlocks over C$1 billion of initially quantifiable expected synergies related to capital costs, operating costs, and throughput expansion due to shared infrastructure, mine sequencing, and permitting.(3) 
  • Accelerates and simplifies the Oko-Ghanie Project’s permitting timeline by combining with the fully permitted Oko West Project. 
  • Combined company to be led by GMIN’s best-in-class management team with proven capability to develop, build, finance, and operate mines at the highest standards.
  • Greater access to capital through GMIN’s robust free cash flow(4) from the Tocantinzinho mine in Brazil, US$288(5) million cash on hand, and access to an undrawn US$350 million revolving credit facility.
  • Delivers substantial upfront premium to G2 shareholders and significant NAVPS accretion to GMIN shareholders from meaningful expected synergies.  

 

The Transaction will consolidate two adjacent gold projects in Guyana: G2’s Oko-Ghanie Project and GMIN’s fully permitted and fully financed Oko West Project, creating a large-scale, low-cost gold mining hub in one of the most prospective emerging gold districts in the world.

The Transaction combines anticipated life of mine (“LOM”) average gold production of approximately 350 koz(1) from GMIN’s Oko West Project and 228 koz(2) from G2’s Oko‑Ghanie Project into a single project with the potential to produce over 500 koz on a LOM average basis.

The combined project is expected to deliver significant near and long-term synergies across throughput, operating costs, capital costs due to shared infrastructure, mine sequencing and permitting.

GMIN sees an opportunity to accelerate Oko-Ghanie’s permitting timeline by combining with the fully permitted Oko West Project and the targeted timeline for first gold production at Oko West in the second half of 2027 remains unchanged.

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The GMIN team, with the support of G Mining Services Inc. (“GMS”), has an impressive track record of executing world-class projects in the Guiana Shield.

This Transaction delivers on GMIN’s stated vision to build and operate a large, long-life, Tier-1 mine in Guyana with the ultimate objective of generating industry leading returns for its shareholders.

 

Terms

Under the terms of the Transaction, G2 shareholders will receive 0.212 GMIN common shares for each G2 common share held (the “Exchange Ratio”).

G2 shareholders will also receive common shares in a newly created gold explorer (“G3 SpinCo”) that will hold interests in the Tiger Creek property, Peters Mine property and Property B (collectively, the “G3 SpinCo Properties”), being all remaining G2 properties outside of Oko-Ghanie, Amsterdam, Aremu Partnership and Aremu Mine, Property A, and the Ghanie Medium Scale Mining Permit to be acquired by GMIN under the Transaction (collectively, the “Acquired Properties”).

G3 SpinCo will be funded with C$45 million of cash and, given the unexplored potential of the Acquired Properties, will also be granted a contingent value right (“CVR”) providing for payments to be made to G3 SpinCo in the maximum aggregate amount of US$200 million based upon the establishment of various increments of Measured & Indicated Mineral Resources(1) (2) at the Acquired Properties (additional details below).

 

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G Mining Ventures

 

 

Exchange Ratio

The Exchange Ratio implies an offer price of C$10.84 per G2 common share (excluding the value of G3 SpinCo) based on the closing price of GMIN’s common shares on the Toronto Stock Exchange (the “TSX”) as of April 8, 2026 and a premium of 72% based on the 30-day VWAPs of GMIN and G2’s common shares on the TSX as of the same date.

The fully diluted in-the-money equity value of the Transaction (excluding the value of G3 SpinCo) is estimated to be approximately C$3.0 billion.

Upon completion of the Transaction, existing GMIN and G2 shareholders will own approximately 80.1% and 19.9% of GMIN, respectively, and G2 shareholders will also own 100% of G3 SpinCo.

 

 

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Louis-Pierre Gignac, CEO, President and Director of GMIN, stated:

“Combining GMIN’s Oko West Project and G2’s Oko-Ghanie Project delivers on our stated vision to build and operate a large, long-life, Tier-1 asset in Guyana.

 

“These assets are highly synergistic, and we are well-positioned to accelerate value creation by leveraging our unique expertise in building and operating mines on schedule and on budget in the Guiana Shield, utilizing our deep knowledge of and network in the region to advancing permitting, and deploying our capital to build the mine.

 

“Once built, this mine has the potential to rank among the highest producing gold mines globally.

 

“We look forward to continuing to advance our ”Build, Operate and Explore for more“ strategy to create and unlock further value for GMIN shareholders.”

 

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To read the full news release, please click HERE

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The live gold price can be found HERE

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in G Mining Ventures.

.

To read our full terms and conditions, please click HERE

.



G2 Goldfields Drilling Expands OKO High-Grade Gold Resource

G2 Goldfields (TSX: GTWO)

Announced new assay results from the Company’s ongoing diamond drill program at the OKO Project, Guyana. 

Gold production is estimated at 298,000 ounces per annum during years 3 through 10. The OKO gold project will contribute significantly to Guyana’s economy.

 

 

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G2 Goldfields

Drill core – Credits G2 Goldfields

 

 

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G2 Goldfields TSX: GTWO
Stage Development + Exploration
Metals Gold
Market cap C$1.75b @ C$6.8
Location Guyana
Website www.g2goldfields.com

 

 

 

 

 

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G2 Goldfields Drilling Continues to Expand High-Grade Gold Resource at OKO

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TORONTO, Jan. 06, 2026 (GLOBE NEWSWIRE) —G2 Goldfields Inc.(“G2” or the “Company”) (TSX: GTWO; OTCQX: GUYGF) is pleased to announce new assay results from the Company’s ongoing diamond drill program at the OKO Project, Guyana (“OKO” or the “Project”).

In December 2025, G2 released key findings from an independent Preliminary Economic Assessment (“PEA”)[see press release dated December 18, 2025].

The PEA outlined a combined open pit and underground operation with a 14-year mine life with total gold production estimated at 3.2 million ounces at all-in sustaining costs¹ (“AISC”) of US$1,191 per ounce.

Gold production is estimated at 298,000 ounces per annum during years 3 through 10. The OKO gold project will contribute significantly to Guyana’s economy through payments of royalties, taxes, and employment opportunities.

Assay results are reported hereunder for 16 new diamond drill holes totalling 5,997 metres (“m”).

Highlights of the results are compiled in Table 1, with a complete table of results available here.

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Table 1 – Highlights of Drilling Results: Border / Ghanie Gold Zones

DRILL
HOLE		 FROM
(METRES)		 TO
(METRES)		 INT.
(METRES)		 GRADE
(G/T AU)		 GRADE x
DH WIDTH
GDD247 58.5 88.5 30.0 2.1 61.8
GDD251A 151.0 161.5 10.5 2.6 27.6
GDD251A 222.5 242.0 19.5 2.3 44.9
Notes to Table 1: The intercepts reported are down-hole widths. True widths are estimated between 62% and 98% of reported down-hole widths. Gold grades are uncapped.

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Figure 1 – District Plan View of Targets

Figure 1 – District Plan View of Targets
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Daniel Noone, CEO of G2 stated,

“These results continue to demonstrate the ongoing expansion of gold resources at the Oko Project, with mineralisation remaining open in multiple directions.

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“With five rigs focused on the Ghanie / Border target areas, alongside continued greenfields exploration across the district, we are excited about the potential for additional gold discoveries in the greater Oko district.

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“G2 will continue to unlock shareholder value by aggressively exploring and de-risking its portfolio of gold projects.”

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To read the full news release please click HERE

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The live Spot gold price can be found HERE

.

=======

 

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author is invested in G2 Goldfields 

.

To read our full terms and conditions, please click HERE



G2 Drills Best Holes to Date in New OKO Surface Discovery

G2 Goldfields Inc. (TSX: GTWO)

Announced new the best assay results to date from the Company’s ongoing drilling program in the greater OKO-AREMU district, Guyana.

G2 currently holds exploration rights to 83,967 acres in the district and the New Oko Discovery Area represents the third significant gold discovery on the Company’s holdings.

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G2 Goldfields

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G2 Goldfields TSX: GTWO
Stage Development + Exploration
Metals Gold
Market cap C$688 m @ C$2.88
Location Guyana
Website www.g2goldfields.com

 

 

G2 Drills Best Holes to Date in New OKO Surface Discovery

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TORONTO, July 15, 2025 (GLOBE NEWSWIRE) —G2 Goldfields Inc. (“G2” or the “Company”) (TSX: GTWO; OTCQX: GUYGF) announces new assay results from the Company’s ongoing drilling program in the greater OKO-AREMU district, Guyana.

G2 currently holds exploration rights to 83,967 acres in the district and the New Oko Discovery Area represents the third significant gold discovery on the Company’s holdings.

Drill results within this release are part of an ongoing program from a new discovery initially announced in March (see press releases dated March 18, April 1, April 28 and June 9, 2025, available on SEDAR+ and the Company’s website) which lies 10km north of its existing gold resources at the Oko-Ghanie Deposit (1.5 million ounces indicated at 3.40 g/t Au and 1.6 million ounces inferred at 2.48 g/t Au).

,

Highlights

  • 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

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

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

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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——-

The live Spot gold price can be found HERE

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=======

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author is not invested in G2 Goldfields 

.

To read our full terms and conditions, please click HERE



G2 Drills Multiple Near Surface Intercepts in New Oko Discovery Area

G2 Goldfields (TSX: GTWO)

Announced new assay results from the Company’s ongoing drilling program in the greater OKO-AREMU district, Guyana.

Hole AMD18 returned 65m @ 1.5 g/t Au & 9.7m @ 3.1 g/t Au.

 

 

.

G2 Goldfields

G2 Goldfields project location, note the proximity to G Mining’s Block 4 at the bottom of the plan. – Credit G2 Goldfields

 

 

 

.

 

 

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G2 Goldfields TSX: GTWO
Stage Development + Exploration
Metals Gold
Market cap C$688 m @ C$2.88
Location Guyana
Website https://g2goldfields.com

 

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G2 Drills Multiple Near Surface Intercepts in New Oko Discovery Area, Significant Sulphide Mineralization Encountered in Deeper Drill Holes

 

TORONTO, June 09, 2025 (GLOBE NEWSWIRE) —G2 Goldfields Inc.(“G2” or the “Company”) (TSX: GTWO; OTCQX: GUYGF) announces new assay results from the Company’s ongoing drilling program in the greater OKO-AREMU district, Guyana.

G2 currently holds exploration rights to 83,967 acres in the district and the New Oko Discovery Area represents the third significant gold discovery on the Company’s holdings.

Drill results within this release are part of an ongoing program from a new discovery initially announced in March (see press releases dated March 18, April 1, and April 28, 2025 available on SEDAR+ and the Company’s website) which lies 10km north of its existing gold resources at the Oko-Ghanie Deposit (1.5 million ounces indicated at 3.40 g/t Au and1.6 million ounces inferred at 2.48 g/t Au).

Multiple gold targets have been delineated north of existing resources along a 15km trend in which the Company has stationed four active drill rigs.

.Highlights

  • Hole AMD18 returns 65m @ 1.5 g/t Au & 9.7m @ 3.1 g/t Au
  • Hole AMD23 returns 52m @ 0.9 g/t Au
  • Hole AMD25 intercepts 70.5m @ 1.8 g/t Au
  • New Oko discovery total strike length of 630m; remains open in all directions

 

/

Boaz Wade, V.P. Exploration, stated

“The latest results confirm the continuity of gold mineralization down-dip of the host structure, and along strike to the northeast.

 

“Within the consistent broad intercepts along the shear, coherent zones of higher-grade begin to indicate the potential of plunging mineralized shoots that are still open at depth.

 

“Extensions of these higher-grade zones at depth and shallow strike extensions to the southwest will be the focus of the next phase of drilling, as we continue to expand this new, exciting discovery.”

.

——-

The live Spot gold price can be found HERE

.

=======

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author is not invested in G2 Goldfields 

.

To read our full terms and conditions, please click HERE



G2 Goldfields Drills 76m @ 1.5 g/t Au and 3m @ 12.5 g/t Au

G2 Goldfields (TSX: GTWO)

Announced diamond drilling results returning significant widths of near surface gold mineralisation in the initial first pass drilling program at the 8,358-acre Peters Mine Property, Guyana.

 

 

.

 

 

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G2 Goldfields TSX: GTWO
Stage Development + Exploration
Metals Gold
Market cap C$717m @ C$3.19
Location Guyana
Website https://g2goldfields.com

 

G2 Goldfields Drills 76m @ 1.5 g/t Au and 3m @ 12.5 g/t Au in Scout Drilling at Peters Mine, Guyana

The Peters Mine Property is part of a regional portfolio of gold properties in the historic Oko-Aremu-Peters Mine district, Guyana.

The project lies approximately 35 km southwest of the Company’s flagship OKO property which hosts mineral resources of 1.5 million ounces of gold Indicated and 1.6 million ounces of gold Inferred (see press release dated March 10, 2025).  

FIGURE 1 – Country Map

Figure 1 - Country Map

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History of the Property

The Peters Mine was discovered in 1902 and subsequently developed as an underground mine, becoming operational in 1905. Between 1905 and 1909, 41,915 ounces of gold were produced primarily from shallow underground workings within 70 meters of surface. Head grades were approximately 41 g/t Au.

 

The primary purpose of the recent drill program was to provide vital geological and structural information in several areas of known gold mineralisation. Results are tabulated in Table 1.

TABLE 1 – Assay Results

HOLE ID FROM TO INT (M) AU (G/T)
PDD1 62.0 138.0 76.0 1.5
Incl. 115.0 131.5 16.5 5.0
         
PDD3 133.0 175.0 42.0 0.8
Incl. 136.0 143.5 7.5 2.5
         
PDD4 9.2 34.0 24.8 0.4
PDD4 49.5 57.0 7.5 1.1
         
PDD5 147.0 150.0 3.0 12.5

 

Notes to Table 1: Widths are drill indicated core length as insufficient drilling has been undertaken to determine true widths at this time. Average grades are calculated with un-capped gold assays, as insufficient drilling has been completed to determine capping levels for higher grade intercepts.

Diamond drill holes PDD1 and PDD3 explored the area between the historical main shaft area and the incline shaft area. Both drill holes intercepted significant widths of near surface gold mineralisation. Notably, hole PPD1 returned 5 g/t Au over 16.5 meters within a much broader zone of mineralisation which returned 1.5 g/t Au over 76 metres.

FIGURE 2 – Mango Trend Deformation Zone Geology

FIGURE 2 – Mango Trend Geology Drawing - Map of Mago Trend

Holes PDD4 and PDD5 targeted high grade quartz floats mapped and sampled in the historic Herolds Hill area. Hole PDD4 returned a low-grade hit of 0.4 g/t over 24.8 meters from near surface whilst hole PDD5 had a high-grade intercept of 12.5 g/t Au over 3 meters from 147 meters downhole. G2 is currently planning a significant drill program for the Peters Mine district.

FIGURE 3 – Drone Image of the MTDZ

FIGURE 3 – Drone Image of the MTDZ

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.

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Dan Noone, G2 CEO, stated,

“The Peters Mine and greater Puruni district have been among Guyana’s most prolific goldfields for over a century.

“Despite its storied history, the area remains remarkably unexplored, and our initial results demonstrate the considerable potential of the region.”

.

——-

The live Spot gold price can be found HERE

.

=======

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author is not invested in G2 Goldfields 

.

To read our full terms and conditions, please click HERE



G2 Goldfields Announces Filing of Reports for Proposed Spin-Out

G2 Goldfields  (TSX:GTWO)

Announced that it has filed the management information circular and related meeting materials  for the AGM and SGM of G2 shareholders to be held on January 28, 2025

The purpose of the Meeting is, among other things, to consider and, if deemed advisable, pass a special resolution approving the previously announced proposed spin-out of G2’s interest in certain non-core assets into a wholly owned subsidiary of G2, G3 Goldfields Inc.

 

 

 

G2 Goldfields

 

 

 

. 

 

 

 

 

,

 

G2 Goldfields Announces Filing of Management Information Circular and Technical Report for Proposed Spin-Out of Non-Core Assets

 

‘.

TORONTO, Jan. 06, 2025 (GLOBE NEWSWIRE) — G2 Goldfields Inc. (“G2” or the “Company”) (TSX:GTWO) is pleased to announce that it has filed the management information circular and related meeting materials (collectively, the “Meeting Materials”) for the annual general and special meeting of G2 shareholders to be held on January 28, 2025 (the “Meeting”).

The purpose of the Meeting is, among other things, to consider and, if deemed advisable, pass a special resolution (the “Arrangement Resolution”) approving the previously announced proposed spin-out of G2’s interest in certain non-core assets (the “Non-Core Assets”) into a wholly owned subsidiary of G2, G3 Goldfields Inc. (“G3”), through a plan of arrangement under the Canada Business Corporations Act (the “Spin-Out”).

Further to the Company’s press releases dated November 29, 2024 and December 12, 2024, the Spin-Out is expected to be effective in February, 2025.

The board of directors of the Company (the “Board”) has determined that the Spin-Out is fair and in the best interests of the Company and the Company’s shareholders and recommends that the Company’s shareholders vote in favour of the Arrangement Resolution.

G2 believes that its current share price does not fully recognize the value of the Non-Core Assets, and that by completing the Spin-Out, shareholders will benefit from unlocking the value of the Non-Core Assets.

Additionally, the Spin-Out will allow the Company to concentrate its efforts on its OKO project in Guyana, while providing G3 with sufficient working capital to advance the exploration and development of the Non-Core Assets.

.

——-

The live Spot gold price can be found HERE

.

=======

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author is intending investing in G2 Goldfields 

.

To read our full terms and conditions, please click HERE



G2 Goldfields – Initiating Coverage

G2 Goldfields (TSX: GTWO)

After meeting management twice during 2024, we are initiating coverage of GTWO.

The company has some highly prospective gold licences in a prolific gold belt in Guyana, a tier 1 mining jurisdiction.

 

 

.

 

G2 Goldfields

 

 

,

 

 

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G2 Goldfields TSX: GTWO
Stage Development + Exploration
Metals Gold
Market cap C$518m @ C$2.17
Location Guyana
Website https://g2goldfields.com

 

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G2 Goldfields Stock Profile
Shares Ourstanding 239,238,615
Fully diluted 255,396,115
Fully diluted insider holding 56,386,202
Cash CAD$44 million
(As at the 1st December 2024)

 

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City Investors Circle – Initiating Coverage of G2 Goldfields.

 

My current preferred criteria for investing in a gold mining company are,

  1. A quality management team that have delivered shareholder value before
  2. Tier 1 jurisdiction
  3. At least 1 million ounces of gold resources
  4. Plenty of exploration upside
  5. Well funded
  6. Generating good ongoing newsflow.

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G2 Goldfields ticks all those boxes for me.

One might argue that Guyana isn’t a tier 1 jurisdiction due to the occasional invasion threats from neighbour Venezuela, but the country has a degree of military protection from the UK and USA, and an actual invasion seems unlikely currently.

/

 

Why do I like G2 Goldfields?

I have met with management twice this year, most recently in Zurich at the SMI conference. I was impressed with their presentation and I felt they are competent and honest, very important traits.

I should declare I am a shareholder of G Mining Venures, who recently purchased the Oko West property.  This abuts G2’s property, where Gmin’s Block4 meets G2’s Ghanie and OMZ Zones.

After this transaction I focused on the area and immediately liked the look of G2’s assets.

They not only have over 2 million ounces of gold in resources, they are well financed, and have multiple highly prosepective high-grade gold targets along a 17km trend.

In all honesty I expect G2 to be acquired in short order, with Anglogold Ashanti, a 15% shareholder, and G Mining Ventures, with projects next door, looking like the likely bidders.

 

——-

.

Management

The G2 Goldfields management team is comprised of professionals who have been involved in the discovery of more than 7 million ounces of gold in Guyana and the financing and development of Guyana’s largest gold mine, the Aurora. 

.

——-

 

Major shareholders.

  • Management 20%
  • Anglogold Ashanti 15%
  • Other institutions hold around 10%
  • Retail hold around 55%

.

I always like to see management hold a significant stake in a company, and Anglogold’s 15% holding speaks for itself.

.

——-

 

Resources

Oko Main Zone

495,000 Oz gold Inferred

686,000 Oz gold Indicated

Ghanie Zone

604,000 Oz gold Inferred

236,000 Oz gold Indicated.

  • A new Mineral Resource Estimate is due in Q1 2025.

 

——-

 

Near Term Cataylsts

Updated MRE – Q1 2025

Strategic Drilling – Connecting the high-grade OMZ with Ghanie, “drilling the gap”

Defining the Ghanie and NW Oko trends, follow up drilling

New drill targets along trend

Splitting out non-core assets in a newco, G3 (Record date 17th December 2024)

.

——-

.

That’s it in a nutshell. I like the company a lot, and feel with their excellent financial position they will generate lots of exciting newsflow in 2025.

They are spinning out non-core assets into a newco G3, focusing on their core assets, and giving those spun out assets a value they do not have inside the current company.

I wonder if this is being done in preperation for G2 being acquired?  It wouldn’t surprise me.

.

——-

The live Spot gold price can be found HERE

.

=======

 

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author is intending investing in G2 Goldfields 

.

To read our full terms and conditions, please click HERE

.



Mining Review 1st December 2024

Mining Review 1st December 2024

We initiated coverage of G2 Goldfields.

Calibre Mining and Impact Minerals announced good drill results.

 

 

G2 Goldfields

rchives

image_pdfimage_print

  

Mining Review 1st December 2024

We initiated coverage of G2 Goldfields.

Calibre Mining and Impact Minerals announced good drill results.

 

The November Market Review has just been published, which contains all the month’s news, and can be accesed here

 

——-
All this week’s news from our watchlist companies can be viewed by clicking the links below

Market Review 30th November Published

  G2 Goldfields Announced G3 Spinout Details

  Barton Gold New Corporate Presentation

  G2 Goldfields – Initiating coverage

  Calibre Mining Discovered Significant Gold Mineralization at Valentine

  Impact Minerals Announced a Maiden Resource for the Lake Hope HPA Project

  Mining Review 24th November 2024

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——-

..

.

Market Data

Weekly Price Changes

(US$ unless stated)

..

Metal Prices Price Weekly % change
Gold price in UK £ 2083 -4.05%
Gold 2642 -2.72%
Silver 30.31 -3.35%
Palladium 980.38 0.55%
Platinum 936.79 -8.07%
Rhodium 4725 2.72%
Copper 4.04 -0.49%
Nickel 7.11 -0.14%
Zinc 1.41 4.44%
Tin 12.73 -2.53%
Cobalt 11.68 7.06%
Manganese 2.9 -1.02%
Lithium 10367 -1.81%
Uranium 77.1 -1.91%
Iron Ore 104.6 3.77%
Coking Coal 204 -0.24%
Thermal coal 138 -4.17%
 
 
Metal ETFs Price Weekly % change
GLD 245.59 -1.70%
GDX 37.66 -1.62%
GDXJ 47.68 -1.37%
Sil 36.33 0.78%
SILJ 11.86 -1.74%
GOEX  (PCX) 32.36 -1.34%
URA 32.35 -2.32%
COPX  42.63 0.09%
HUI  301.1 -2.34%

#

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.=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non-deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness,and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

.D

To read our full terms and conditions, please click HERE



Market Review 30th November Published

Mining Review 30th November Published

The highlighted company is G2 Goldfields.

The Trump election victory ended gold’s positive run and mining stocks have fallen back as a result. The watchlists had a poor month. To read the review click here 

 

 

G2 Goldfields

 

 

.

City Investors Circle Market Review 30th November 2024

 

 

This month’s  highlighted company is G2 Goldfields, whom I met at the SMI Conference in Zurich, after having met them before in London.

The attraction is the high-grade gold on their property, which abuts G Mining Venture’s G4 property, in Guyana.

I feel there is a strong possibility of corporate action with G2, AngloGold have just taken a stake, and G Mining must be a candidate if a takeover battle ensues.

——-

The Trump election victory ended gold’s positive run and mining stocks have fallen back as a result.

The company watchlists had a poor month, with virtually all share prices falling from a month ago, although most have rallied and recovered some of the loss.

Only a few companies remained in positive territory, notably Colonial Coal, Capricorn Metals, and UEC.

 

To read this month’s review click here 

 

To subscribe to our Monthly Reviews and receive invitations to free to attend company presentations, please email andrew@city-investors-circle.com

 

Live metal prices prices can be found HERE

.

=======

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author shares in some of the companies mentioned.

.

To read our full terms and conditions, please click HERE



G2 Goldfields Announces G3 Spinout Details

 G2 Goldfields (TSX: GTWO)

Announced that it has filed the requisite notice setting the record and meeting date in respect of an annual and special meeting of shareholders of G2

One purpose of the meeting is to ask shareholders to approve the spin-out of a newco, G3 Goldfields.

 

 

.

G2 Goldfields

 

 

 

 

.

G2 Goldfields TSX: GTWO
Stage Development + Exploration
Metals Gold
Market cap C$518m @ C$2.17
Location Guyana
Website https://g2goldfields.com

 

 

G2 Goldfields Provides Update on G3 Spin-Out and Shareholder Meeting Date

 

.

TORONTO, Nov. 29, 2024 (GLOBE NEWSWIRE) — G2 Goldfields Inc. (“G2” or the “Company”) (TSX:GTWO, OTCQX:GUYGF) is pleased to announce that it has filed the requisite notice setting the record and meeting date in respect of an annual and special meeting (the “Meeting”) of shareholders of G2 (the “Shareholders”).

The record date for the determination of Shareholders eligible to attend and vote at the Meeting has been set as December 17, 2024, and the Meeting will be held on January 28, 2025.

.

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The Proposed Spin-Out

G2 intends to undertake a reorganization transaction (the “Proposed Spin-Out”) whereby it would, among other things, spin-out its non-core assets (the “Non-Core Assets”) into a new wholly owned subsidiary, to be named G3 Goldfields Inc. (“G3”).

The Proposed Spin-Out will be completed by way of a plan of arrangement (the “Arrangement”) under theCanada Business Corporations Actand subject to the terms and conditions of an arrangement agreement (the “Arrangement Agreement”) to be entered into by the Company and G3.

Following completion of the Proposed Spin-out, the Non-Core Assets to be held by G3 will include:

  1. The Tiger Creek Property, Puruni District, Guyana (3,685 acres)
  2. The Peters Mine Property, Puruni District, Guyana (8,316 acres)
  3. The Aremu Mine Property, Cuyuni District, Guyana (8,811 acres)
  4. The Amsterdam Option, Cuyuni District, Guyana (7,148 acres)
  5. The Aremu Partnership (including the historic Wariri Mine), Cuyuni District, Guyana (32,340 acres)

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G2 believes that its current share price does not fully recognize the value of the Non-Core Assets, and that by completing the Proposed Spin-Out, Shareholders will benefit from unlocking the value of the Non-Core Assets.

Additionally, the Proposed Spin-Out will allow the Company to concentrate its efforts on its OKO project in Guyana, while G3 focuses on the advancement of the Non-Core Assets.

It is intended that, pursuant to the terms and subject to the conditions of the Arrangement Agreement, each Shareholder will receive one G3 Share (as defined below) for every two shares of G2 held as of the effective date of the Arrangement.

Only Shareholders as of the close of business on the effective date of the Arrangement will be entitled to shares of G3 (“G3 Shares”) upon closing of the Arrangement.

The Proposed Spin-Out will be subject to G2 entering into the Arrangement Agreement and the Arrangement being approved by Shareholders at the Meeting.

Completion of the Arrangement will also be conditional on the receipt of regulatory and court approval, including, without limitation, the approval of the Toronto Stock Exchange.

It is intended that the G3 Shares will be listed on a recognized Canadian stock exchange and such listing will be subject to G3 fulfilling all of the requirements of such stock exchange.

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.To read the full news release please click HERE

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The live gold price can be found HERE

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in G2 Goldfields

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G2 Goldfields – Initiating coverage

G2 Goldfields (TSX: GTWO)

Following  a recent meeting with management, we are initiating coverage of G2 Goldfields.

G2 has a series of projects in a prolific high-grade gold trend in Guyana, some bordering G Mining Ventures’ project.

 

 

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G2 Goldfields

 

 

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G2 Goldfields TSX: GTWO
Stage Development + Exploration
Metals Gold
Market cap C$518m @ C$2.17
Location Guyana
Website https://g2goldfields.com

 

 

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Initiating coverage – G2 Goldfields (TSX: GTWO)

Following  a recent meeting with management, we are initiating coverage of G2 Goldfields.

G2 has a series of projects in a prolific high-grade gold trend in Guyana, some bordering G Mining Ventures’ project.

Anglogold Ashanti became a shareholder in a recent financing, and I imagine that’s with a view to being at the table when the anticipated bidding war starts.

G2 are preparing a spin-out of G3 Goldfields, so that suggests to me G2 may be the subject of some corporate action in the near term.

G Mining Ventures look to be the most likely suitor so maybe that’s why Anglogold took their stake?

If they take out G2 Anglogold would then be in a position to bid for G Mining and consolidate their projects.

All to play for here, I feel this may be a play in 2025.

 

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CAPITAL STRUCTURE

NOVEMBER 01, 2024
Common Shares Outstanding

239,238,615

Shares Fully Diluted
255,396,115
Fully Diluted Insider Shareholding
56,386,202

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The live gold price can be found HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds no shares in G2 Goldfields

.

To read our full terms and conditions, please click HERE