# G2 Goldfields Delivers Maiden PEA for the High-Grade Oko Gold Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab

Original source: https://money.tmx.com/en/quote/GTWO/news/5109277184239430/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project

Publisher: tmx

Original announcement: 2025-12-18T22:32:08.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: G2 Goldfields Inc.

- Ticker: GTWO

- Exchange: TSX

- Region: Guyana, South America

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Resource update, Metallurgy, Other

- Extracted: 2026-08-25 14:49:44 UTC

Narrative sentiment: 0.90 · Bullish

## Minestarters Atlas summary

G2 Goldfields announced a maiden Preliminary Economic Assessment \(PEA\) for its Oko Gold Project in Guyana, highlighting robust economics with an after-tax NPV5% of $2.6 billion and an IRR of 39% at a $3,000/oz gold price. The PEA is underpinned by an updated NI 43-101 compliant Mineral Resource Estimate totaling 1.6 Moz Au Indicated and 1.9 Moz Au Inferred, featuring high-grade underground components and strong metallurgical recoveries of 94%. The project outlines a 14-year mine life with average annual production of 281,000 ounces at an AISC of $1,137/oz Au \(years 2-11\) and a fast payback period of 2.6 years.

Reasoning: The maiden PEA for the Oko Gold Project demonstrates robust economics with a high after-tax NPV5% of $2.6 billion and an IRR of 39% at a base case gold price of $3,000/oz, supported by a substantial updated NI 43-101 compliant resource estimate and high metallurgical recoveries.

- Positive factor: robust\_economics

- Positive factor: significant\_resource\_size

- Positive factor: high\_grade\_underground\_component

- Positive factor: high\_metallurgical\_recovery

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

- Positive factor: accredited\_lab

- Negative factor: pea\_includes\_inferred\_resources

- Negative factor: no\_measured\_resources

Facts used in scoring: 25

## Classification and evidence

**Maiden Resource**

Polarity: neutral

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: The document states 'Maiden PEA' and 'updated resource' incorporating six months of new drilling, indicating this is the first comprehensive economic assessment.

Evidence · text

> G2 Goldfields Delivers Maiden PEA for the High-Grade Oko Gold Project

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The PEA and MRE are explicitly stated to be prepared in accordance with National Instrument 43-101.

Evidence · text

> A technical report \(the " Technical Report "\) prepared in accordance with National Instrument 43-101 \(" NI 43-101 "\)

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Multiple Qualified Persons \(QPs\) are named and stated to be responsible for various sections of the PEA and MRE, and have reviewed and approved the technical disclosure.

Evidence · text

> William J. Lewis, P.Geo. from Micon International Limited is the Qualified Person \(QP\) for this MRE.

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The PEA includes a significant portion of Inferred mineral resources \(1.9 Moz Au\), which are considered speculative.

Evidence · text

> The PEA is preliminary in nature and includes Inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves.

**High Recovery**

Polarity: positive

Definition: Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: The overall life-of-mine gold recovery is stated as 94%, which is above the exceptional band for a mill/CIL processing route.

Evidence · table

> 94.0

Context: Total \(LOM\)

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: The processing plant design is based on a conventional circuit including comminution, gravity concentration, cyanide leach, and carbon-in-leach \(CIL\).

Evidence · text

> conventional circuit consisting of comminution, gravity concentration, cyanide leach and adsorption via carbon- in-leach \(“ CIL” \), carbon elution and gold recovery circuits.

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document presents an updated Mineral Resource Estimate, incorporating new drilling data up to August 2025.

Evidence · text

> Underpinned by G2’s updated Mineral Resource Estimate, including 1.6 Moz Au at 3.24 g/t Au \(Indicated\) and 1.9 Moz Au at 3.31 g/t Au \(Inferred\), incorporating six months of new drilling.

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: The PEA is a preliminary economic assessment, which is an early-stage study that typically precedes a Pre-Feasibility Study \(PFS\).

Evidence · text

> Preliminary Economic Assessment \(" PEA "\)

## Extracted facts

Stored fact records: 25. Some facts used in scoring do not have a stored record.

## Resource Estimates (25)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-0)

Oko Main Zone \(OMZ\) · gold

#### Identity

- Project: Oko Main Zone \(OMZ\)
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: indicated
- Tonnes: 1132000
- Grade: 2.01
- Grade Unit: g/t
- Contained Metal: 73000
- Contained Unit: oz
- Cutoff Grade: 0.23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This is an indicated resource for the OMZ open pit, contributing to the overall project's economic assessment.

- Positive factor: indicated\_resource

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

Evidence · table

> 2.01

Context: 1,132,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-1)

Oko Main Zone \(OMZ\) · gold

#### Identity

- Project: Oko Main Zone \(OMZ\)
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: inferred
- Tonnes: 509000
- Grade: 0.75
- Grade Unit: g/t
- Contained Metal: 12300
- Contained Unit: oz
- Cutoff Grade: 0.23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This is an inferred resource for the OMZ open pit, which is less certain than indicated resources but contributes to overall project potential.

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

- Negative factor: inferred\_resource

Evidence · table

> 0.75

Context: 509,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-2)

Oko Main Zone \(OMZ\) · gold

#### Identity

- Project: Oko Main Zone \(OMZ\)
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: indicated
- Tonnes: 1693000
- Grade: 13.63
- Grade Unit: g/t
- Contained Metal: 741600
- Contained Unit: oz
- Cutoff Grade: 1.21

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This high-grade indicated underground resource is a significant positive for the project economics, demonstrating strong potential for selective mining.

- Positive factor: indicated\_resource

- Positive factor: high\_grade\_underground\_component

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

Evidence · table

> 13.63

Context: 1,693,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-3)

Oko Main Zone \(OMZ\) · gold

#### Identity

- Project: Oko Main Zone \(OMZ\)
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: inferred
- Tonnes: 2398000
- Grade: 6.77
- Grade Unit: g/t
- Contained Metal: 522100
- Contained Unit: oz
- Cutoff Grade: 1.21

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This inferred underground resource shows good grade potential, adding to the project's overall contained gold, though with lower confidence.

- Positive factor: high\_grade\_underground\_component

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

- Negative factor: inferred\_resource

Evidence · table

> 6.77

Context: 2,398,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-4)

Oko Main Zone \(OMZ\) · gold

#### Identity

- Project: Oko Main Zone \(OMZ\)
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: indicated
- Tonnes: 2825000
- Grade: 8.97
- Grade Unit: g/t
- Contained Metal: 814600
- Contained Unit: oz
- Cutoff Grade: 0.23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This combined indicated resource for OMZ represents a significant portion of the project's higher-confidence gold ounces.

- Positive factor: indicated\_resource

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

Evidence · table

> 8.97

Context: 2,825,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-5)

Oko Main Zone \(OMZ\) · gold

#### Identity

- Project: Oko Main Zone \(OMZ\)
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: inferred
- Tonnes: 2907000
- Grade: 5.72
- Grade Unit: g/t
- Contained Metal: 534400
- Contained Unit: oz
- Cutoff Grade: 0.23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This combined inferred resource for OMZ adds to the overall project potential, but with lower geological confidence.

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

- Negative factor: inferred\_resource

Evidence · table

> 5.72

Context: 2,907,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-6)

Ghanie · gold

#### Identity

- Project: Ghanie
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: indicated
- Tonnes: 6574000
- Grade: 1.85
- Grade Unit: g/t
- Contained Metal: 390300
- Contained Unit: oz
- Cutoff Grade: 0.23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This indicated open pit resource for Ghanie contributes significantly to the project's total indicated ounces.

- Positive factor: indicated\_resource

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

Evidence · table

> 1.85

Context: 6,574,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-7)

Ghanie · gold

#### Identity

- Project: Ghanie
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: inferred
- Tonnes: 4128000
- Grade: 1.01
- Grade Unit: g/t
- Contained Metal: 133800
- Contained Unit: oz
- Cutoff Grade: 0.23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This inferred open pit resource for Ghanie adds to the overall resource base but with lower confidence and grade.

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

- Negative factor: inferred\_resource

Evidence · table

> 1.01

Context: 4,128,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-8)

Ghanie · gold

#### Identity

- Project: Ghanie
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: indicated
- Tonnes: 1064000
- Grade: 6.45
- Grade Unit: g/t
- Contained Metal: 220800
- Contained Unit: oz
- Cutoff Grade: 1.21

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This indicated underground resource for Ghanie provides a high-grade component, enhancing the project's economic viability.

- Positive factor: indicated\_resource

- Positive factor: high\_grade\_underground\_component

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

Evidence · table

> 6.45

Context: 1,064,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-9)

Ghanie · gold

#### Identity

- Project: Ghanie
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: inferred
- Tonnes: 7409000
- Grade: 4.72
- Grade Unit: g/t
- Contained Metal: 1123300
- Contained Unit: oz
- Cutoff Grade: 1.21

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This large inferred underground resource for Ghanie significantly boosts the project's total contained gold, indicating substantial future potential.

- Positive factor: high\_grade\_underground\_component

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

- Negative factor: inferred\_resource

Evidence · table

> 4.72

Context: 7,409,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-10)

Ghanie · gold

#### Identity

- Project: Ghanie
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: indicated
- Tonnes: 7638000
- Grade: 2.49
- Grade Unit: g/t
- Contained Metal: 611100
- Contained Unit: oz
- Cutoff Grade: 0.23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This combined indicated resource for Ghanie is a substantial contributor to the project's higher-confidence gold inventory.

- Positive factor: indicated\_resource

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

Evidence · table

> 2.49

Context: 7,638,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-11)

Ghanie · gold

#### Identity

- Project: Ghanie
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: inferred
- Tonnes: 11537000
- Grade: 3.39
- Grade Unit: g/t
- Contained Metal: 1257100
- Contained Unit: oz
- Cutoff Grade: 0.23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This large combined inferred resource for Ghanie significantly increases the project's total contained gold, indicating strong exploration upside.

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

- Negative factor: inferred\_resource

Evidence · table

> 3.39

Context: 11,537,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-12)

New Oko Discovery · gold

#### Identity

- Project: New Oko Discovery
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: indicated
- Tonnes: 5090000
- Grade: 1.18
- Grade Unit: g/t
- Contained Metal: 193800
- Contained Unit: oz
- Cutoff Grade: 0.23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This indicated open pit resource for the New Oko Discovery adds to the project's overall indicated ounces.

- Positive factor: indicated\_resource

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

Evidence · table

> 1.18

Context: 5,090,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-13)

New Oko Discovery · gold

#### Identity

- Project: New Oko Discovery
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: inferred
- Tonnes: 1269400
- Grade: 0.88
- Grade Unit: g/t
- Contained Metal: 36100
- Contained Unit: oz
- Cutoff Grade: 0.23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This inferred open pit resource for the New Oko Discovery is a smaller contribution to the overall resource with lower confidence.

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

- Negative factor: inferred\_resource

Evidence · table

> 0.88

Context: 1,269,400

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-14)

New Oko Discovery · gold

#### Identity

- Project: New Oko Discovery
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: indicated
- Tonnes: 18000
- Grade: 1.9
- Grade Unit: g/t
- Contained Metal: 1100
- Contained Unit: oz
- Cutoff Grade: 1.21

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This is a very small indicated underground resource for the New Oko Discovery, contributing minimally to the overall project.

- Positive factor: indicated\_resource

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

Evidence · table

> 1.90

Context: 18,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-15)

New Oko Discovery · gold

#### Identity

- Project: New Oko Discovery
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: inferred
- Tonnes: 590000
- Grade: 2.05
- Grade Unit: g/t
- Contained Metal: 38900
- Contained Unit: oz
- Cutoff Grade: 1.21

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This inferred underground resource for the New Oko Discovery adds to the project's potential but with lower confidence.

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

- Negative factor: inferred\_resource

Evidence · table

> 2.05

Context: 590,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-16)

New Oko Discovery · gold

#### Identity

- Project: New Oko Discovery
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: indicated
- Tonnes: 5108000
- Grade: 1.19
- Grade Unit: g/t
- Contained Metal: 194900
- Contained Unit: oz
- Cutoff Grade: 0.23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This combined indicated resource for the New Oko Discovery contributes to the project's overall indicated ounces.

- Positive factor: indicated\_resource

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

Evidence · table

> 1.19

Context: 5,108,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-17)

New Oko Discovery · gold

#### Identity

- Project: New Oko Discovery
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: inferred
- Tonnes: 1859000
- Grade: 1.25
- Grade Unit: g/t
- Contained Metal: 75000
- Contained Unit: oz
- Cutoff Grade: 0.23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This combined inferred resource for the New Oko Discovery adds to the project's potential but with lower confidence and grade.

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

- Negative factor: inferred\_resource

Evidence · table

> 1.25

Context: 1,859,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-18)

Oko N · gold

#### Identity

- Project: Oko N
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: inferred
- Tonnes: 1293000
- Grade: 0.78
- Grade Unit: g/t
- Contained Metal: 32500
- Contained Unit: oz
- Cutoff Grade: 0.23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This inferred open pit resource for Oko N is a smaller, lower-grade contribution to the overall resource with lower confidence.

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

- Negative factor: inferred\_resource

- Negative factor: low\_grade

Evidence · table

> 0.78

Context: 1,293,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-19)

Oko NW · gold

#### Identity

- Project: Oko NW
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: inferred
- Tonnes: 374000
- Grade: 0.94
- Grade Unit: g/t
- Contained Metal: 11300
- Contained Unit: oz
- Cutoff Grade: 0.23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: This inferred open pit resource for Oko NW is a small, lower-grade contribution to the overall resource with lower confidence.

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

- Negative factor: inferred\_resource

- Negative factor: low\_grade

Evidence · table

> 0.94

Context: 374,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-20)

Entire Oko Project · gold

#### Identity

- Project: Entire Oko Project
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: indicated
- Tonnes: 15571000
- Grade: 3.24
- Grade Unit: g/t
- Contained Metal: 1620600
- Contained Unit: oz
- Cutoff Grade: 0.23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: The overall indicated resource for the entire Oko Project is substantial, providing a strong foundation for the PEA.

- Positive factor: indicated\_resource

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

- Positive factor: significant\_contained\_metal

Evidence · table

> 3.24

Context: 15,571,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-21)

Entire Oko Project · gold

#### Identity

- Project: Entire Oko Project
- Commodity: gold
- Ticker: GTWO

#### Resource Data

- Category: inferred
- Tonnes: 17970000
- Grade: 3.31
- Grade Unit: g/t
- Contained Metal: 1910300
- Contained Unit: oz
- Cutoff Grade: 0.23

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: The overall inferred resource for the entire Oko Project is substantial, indicating significant exploration upside, though with lower confidence.

- Positive factor: ni\_43\_101\_compliant

- Positive factor: qp\_signed

- Positive factor: significant\_contained\_metal

- Negative factor: inferred\_resource

Evidence · table

> 3.31

Context: 17,970,000

### Fact 23

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-22)

Oko Gold Project · gold

#### Identity

- Project: Oko Gold Project
- Commodity: gold
- Ticker: GTWO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: High gold recovery from saprolite material using a conventional CIL circuit is a positive indicator for processing this ore type.

- Positive factor: high\_recovery

- Positive factor: mill\_route

Evidence · table

> 93.3

Context: Saprolite

### Fact 24

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-23)

Oko Gold Project · gold

#### Identity

- Project: Oko Gold Project
- Commodity: gold
- Ticker: GTWO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: Excellent gold recovery from fresh rock material using a conventional CIL circuit, indicating favorable metallurgy for the primary ore type.

- Positive factor: high\_recovery

- Positive factor: mill\_route

Evidence · table

> 94.1

Context: Fresh Rock

### Fact 25

[Link to this fact](https://atlas-staging.minestarters.com/news/g2-goldfields-delivers-maiden-pea-for-the-high-grade-oko-gold-project--6adec477-ba00-48a5-8248-48ca1af00aab#fact-resource-facts-24)

Oko Gold Project · gold

#### Identity

- Project: Oko Gold Project
- Commodity: gold
- Ticker: GTWO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: The overall life-of-mine gold recovery of 94% is very strong for a conventional CIL circuit, significantly contributing to positive project economics.

- Positive factor: high\_recovery

- Positive factor: mill\_route

Evidence · table

> 94.0

Context: Total \(LOM\)

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.