G2 Goldfields Inc. provided an exploration update on the Company's Sandy Lake Gold Project, located 140 miles north of Red Lake, Ontario. The project is comprised of approximately 125,000 acres of contiguous mineral claim units in the underexplored Sandy Lake Greenstone Belt. High-grade gold mineralization has been identified by drilling and sampling in several areas along a major banded iron formation (BIF) structure trending for 60km across the property. G2 owns a 100% interest in 110,000 acres and has the right to earn 70% interest in the W series of claims totaling approximately 15,000 acres. During 2019, G2 completed a total of twenty-two drill holes totaling 4,794 meters. Eleven holes targeted the W1 and W2 zones and were successful in outlining high grade gold mineralization over a 600 m in strike length. An additional eleven holes were drilled in the W3 zone located over two km to the west of the W1/W2 area. The Company previously released the first seven holes (19-12 to 19-18) which included high grade core length intervals of 1.4 m of 11.85 g/t Au (hole 19-12) as well as .73 m grading 450.04 g/t Au (hole 19-14). Drill holes SD 19-19 through SD 19-22 were drilled in a fan pattern from a single pad. Of note, hole SD 19-22 intersected a broad zone of low-grade gold mineralization, returning a core length interval of 60.48 m grading 0.83 g/t Au. This is the deepest and most broad intersection to date in the W3 target area. G2 believes that this may demonstrate that as drilling progresses to the west, the gold mineralization may increase in thickness. Gold mineralization is associated with VTEM chargeability anomalies of which several remain untested to the west around the closure of a major fold nose structure.