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.

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

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Figure 1 – District Plan View of Targets

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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