Video News/BMO Capital Markets 2026
G2 Goldfields advances 3Moz Oko toward permitting as NAV rerate thesis builds
G2 Goldfields (TSX: GTWO) is advancing its 3+ million ounce Oko gold project in Guyana toward environmental permitting following its December 2025 preliminary economic assessment, while continuing to expand the high-grade system beyond the study cutoff date. Speaking at the 35th BMO Global Metals, Mining & Critical Minerals Conference, CEO Daniel Noone pointed to the nine gram per tonne Oko Main Zone and ongoing depth extensions as evidence of a robust deposit. “There’s no risk that it’s not going to be a mine,” he said. Since the August 31 cutoff for the PEA, drilling has extended mineralization to one kilometer depth and defined a northwest trend over roughly five kilometers. Noone said G2 is advancing three parallel streams in 2026: feasibility and permitting, resource expansion, and strategic readiness. He noted the company currently trades at approximately 0.3 to 0.4 times NAV, with valuation potentially moving toward 0.7 to 0.8 times NAV as permitting progresses. G2 is also targeting an April 2026 spinout of 87,000 acres into G3 Goldfields with $15 million in cash.
Guests: Daniel Noone
Source: Kitco Mining
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