G2 Goldfields Inc. provided an update on the ongoing exploration program at the company?s 27,719-acre OKO-AREMU gold project. G2 recently announced an updated Mineral Resource Estimate (?MRE?) for the OKO-Aremu project comprised of 922,000 ounces of gold (?Indicated?) and 1,099,000 ounces of gold (?Inferred?). G2?s OKO gold resource lies along a prominent 2.5 km long north-south structure which is defined by the high grade OMZ resource to the north [688,000 ounces Au @ 9.03 g/t Au (Indicated) and 495,000 ounces Au at 6.38 g/t Au (Inferred)] and the Ghanie open pit and underground resource to the south.

G2 is currently drilling the southern half of the structure, where results demonstrate significant potential for the expansion of the established resource. An ongoing 30,000 metre drill program at the Ghanie district continues to intercept both new near surface mineralization as well as high-grade shoots at vertical depths between 200 and 400 metres. Hole GDD-110 intercepted an emerging high-grade shoot in the Ghanie north area with two significant +15 g/t Au intercepts in a previously unexplored area approximately 150 metres below surface.

Hole GDD-109 was designed to target the down plunge mineralization discovered in GDD-93 (5.5 g/t Au over 24.5m) and, as well as meeting its primary objective, also intercepted a parallel zone of mineralization from only 32.5 metres downhole which returned 9.2 g/t Au over 5.3 metres. Drilling at Ghanie South targeted the down plunge extension of the high grade mineralisation reported in hole GDD 68A (11m @ 37.9 g/t Au), intersecting lower grade mineralisation hosted in sandstones and andesites (holes GDD-97, 99b, and 102). Drilling targeting further down plunge is expected to intersect mineralisation hosted within the Magnetite rich meta-basalts, which host the higher-grade mineralisation in the Ghanie Central and North zones.

QA/QC: Drill core is logged and sampled in a secure core storage facility located on the OKO project site, Guyana. Core samples from the program are cut in half, using a diamond cutting saw, and are sent to MSALABS Guyana, in Georgetown, Guyana, which is an accredited mineral analysis laboratory, for analysis. Samples from sections of core with obvious gold mineralisation are analysed for total gold using an industry-standard 500g metallic screen fire assay (MSALABS method MSC 550).

All other samples are analysed for gold using standard Fire Assay-AA with atomic absorption finish (MSALABS method; FAS-121). Samples returning over 10.0 g/t gold are analysed utilizing standard fire assay gravimetric methods (MSALABS method; FAS-425). Certified gold reference standards, blanks, and field duplicates are routinely inserted into the sample stream, as part of G2 Goldfield?s quality control/quality assurance program (QAQC).

No QA/QC issues were noted with the results reported herein.