G2Goldfields 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 922,000ounces 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 [688,000ouncesAu at 9.03g/tAu (Indicated) and 495,000ouncesAuat6.38 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. The current drilling at Ghanie is designed to test the continuity of gold mineralization in the space between the South, Central and North zones. In drilling down plunge (45 degrees to the northeast) of previous high-grade intercepts, it has become apparent that the Ghanie Zone is a relatively continuous zone of mineralization.

Ghanie Central was extended 60m along strike to the south, notably, GDD-115 returned 2.1 g/tAuover 52.3m. Holes GDD- 112 (2.5g/tAuover13.4m), GDD-113: (2.7g/tAuover20.5m) and GDD-119 (3.2g/t Au over 7.5m) have provided further evidence of mineralization to the north of the central area. Additionally, current results demonstrate a significant extension of gold mineralization to depth.

Hole GDD-117 intercepted 9.7 g/t Au over 10m (from 628m) making GDD-117 the deepest hole drilled in the Ghanie Zone to date. GDD-104 (5 g/t Au over 13.1m) and two intercepts in GDD-120, 2.8 g/t Au over 19m and 3.5 g/t Au over 13.5m, respectively, added 125m of strike to the north and further tested the continuity of high-grade zones in Ghanie Central. Gold mineralization in the Ghanie area remains open along strike and down plunge.