G2 Drills Best Holes to Date in New OKO Surface Discovery

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About G2 Goldfields Inc.

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G2 Goldfields finds and develops gold deposits in Guyana. The founders and principals of the Company have been directly responsible for the discovery of more than 10 million ounces of gold in the prolific and underexplored Guiana Shield. G2 continues this legacy of exploration excellence and success.

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In March 2025, G2 announced an Updated Mineral Resource Estimate (“MRE”) for the Oko property in Guyana [see press release dated March 10, 2025]. Highlights of the Updated MRE include:

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Total combined open pit and underground Resource for the Oko Main Zone (OMZ):

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  • 513,500 oz. Au – Inferred contained within 3,473,000 tonnes @ 4.60 g/t Au
  • 808,000 oz. Au – Indicated contained within 3,147,000 tonnes @ 7.98 g/t Au

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Total combined open pit and underground Resource for the Ghanie Zone:

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  • 1,024,500 oz. Au – Inferred contained within 12,062,000 tonnes @ 2.64 g/t Au
  • 663,400 oz. Au – Indicated contained within 10,288,000 tonnes @ 2.01 g/t Au

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Total open pit Resource for the Oko NW Zone:

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  • 97,200 oz. Au – Inferred contained within 4,976,000 tonnes @ 0.61 g/t Au

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The MRE was prepared by Micon International Limited with an effective date of March 1, 2025. The Oko district has been a prolific alluvial goldfield since its initial discovery in the 1870s, and modern exploration techniques continue to reveal the considerable potential of the district.

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All scientific and technical information in this news release has been reviewed and approved by Dan Noone (CEO of G2 Goldfields Inc.), a “qualified person” within the meaning of National Instrument 43-101. Mr. Noone (B.Sc. Geology, MBA) is a Fellow of the Australian Institute of Geoscientists.

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Additional information about the Company is available on SEDAR+ (www.sedarplus.ca) and the Company’s website (www.g2goldfields.com).

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On behalf of the Board of G2 Goldfields Inc.

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“Daniel Noone”
CEO & Director

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For Further Information

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Jacqueline Wagenaar, VP Investor Relations
Direct: +1.416.628.5904 x.1150
Email: [email protected]

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Forward-Looking Statements

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This news release contains certain forward-looking statements, including, but not limited to, statements about multiple gold targets delineated north of existing resources along a 15km trend, the new Oko surface discovery remaining open, the mineralization and mineral resource estimates in respect of the Company’s properties, an updated MRE and PEA and the anticipated timing thereof. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “schedule”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.

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Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements, including the risk factors set out in the annual information form of the Company for the year ended May 31, 2024. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. The Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

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