08:15 AM EDT, 05/13/2025 (MT Newswires) -- G2 Goldfields ( GUYGF ) reported Tuesday the latest diamond drilling results from the Peters mine property in Guyana.

Results include 76 meters at 1.5 grams per tonne (g/t) gold and 3 meters at 12.5 g/t gold.

The company said the results returned significant widths of near surface gold mineralization.

"The Peters mine and greater Puruni district have been among Guyana's most prolific goldfields for over a century," CEO Dan Noone said. "Despite its storied history, the area remains remarkably unexplored, and our initial results demonstrate the considerable potential of the region."

G2's share price closed 5.1% lower on Monday to $3.0 on the TSX.