The Aremu Alluvial Gold Rush

The Aremu alluvial gold rush dates back to the 1890s. The Scotland Brothers discovered the Aremu Mine Quartz Reef in 1906 and worked the in-situ source of gold open cast until 1909. Aremu was subjected to its first modern exploration program in 1947 by a subsidiary of Anaconda Mines.

Artisanal mining took place from the 1950s – 1990s, with freelance miners (colloquially termed ‘pork-knockers’) utilising hydraulic techniques. It was not until the 1990s that mechanization occurred, and mid-scale mining continued with open pit excavations. From the early 2000’s onwards, mid-scale miners of Guyana continued to advance mining technology with shaft sinking and high-grade underground workings.

Aremu Looking Forward

G2 Goldfields is currently applying modern scientific methods through systematic mapping, geochemistry and drilling. The Aremu Mine area is G2’s next major target in the District drilling pipeline.

The Aremu vein system consists of nearly twenty steeply-dipping auriferous quartz veins spread over a distance of about 4 km in a deformation zone, known as Aremu Shear Zone. The high-grade gold mineralization is located mainly in the brecciated quartz-carbonate veins with hematite staining and pyrite. Low-grade gold is hosted in black graphite schist with quartz veinlets and stringers.

During the historical exploration, the following gold-bearing veins were identified: the Aremu, Donicker, Herod, Hillman, Powerhouse, Shepherd, as well as the Honeybee, Lunch, Maam and Powis veins.

The G2 management team brings extensive mining industry experience and has proven success in the jurisdictions they operate in, particularly Guyana. Their focus is driven by a mission to deliver exceptional shareholder value in the short and medium term. The Discovery Team’s goal is to develop G2's projects efficiently and effectively, making multiple shots at what could be the next multi-million ounce gold discoveries. 

Patrick Sheridan, M.Sc. – Executive Chairman

Mr. Sheridan has over 25 years experience working in Guyana and has raised over 400 million dollars for exploration and development projects in Guyana. Mr. Sheridan is credited with the discovery, financing, and development of the Aurora Gold project. Mr. Sheridan was involved in the financing, development, and sale of Gold Eagle Mining, FNX Mining and others, during the previous mining cycle 2007 — 2011. He is a graduate of the London School of Economics.

Dan Noone – CEO & Director

Mr. Noone has more than 30 years of international mineral exploration and development experience ranging from implementing grassroots programs through to feasibility studies. He is currently the Chairman of GPM Metals Inc. Previous roles include Executive Director and V.P. of Exploration at Guyana Goldfields, V.P. of Peruvian Operations for Aquiline Resources Inc. and the President and CEO of Absolut Resources Inc. Mr. Noone has managed projects in Guyana, Papua New Guinea, Indonesia, Peru, Ecuador and Argentina. Mr. Noone holds a degree in geology from Ballarat University and an MBA from Melbourne University. He is a Member of the Institute of Australian Geoscientists (AIG).

Violet Smith – Guyana Country Manager

Ms Smith has over 20 years of experience in operations management within the extractive sector. As former Country Manager of Guyana Goldfields, she oversaw all operations and logistics in Guyana as well as the community, media and public relations for the Company. Ms Smith is the founder of AVA Management and Consultancy Services. Ms Smith obtained degrees in geology from Carleton University and Laurentian University.

Paul Murphy – CFO

Mr. Murphy was a Partner and National Mining Leader of PricewaterhouseCoopers LLP from 2004 to April 2010 and Partner since 1981. He has worked primarily in the resource sector, with clients including major international oil and gas and mining companies. His professional experience includes financial reporting controls, operational effectiveness, International Financial Reporting Standards, and SEC reporting issues, financing, valuation, and taxation. Mr. Murphy is currently the Chairman of Alamos Gold and a Director of Generation Mining. He was previously CFO and Executive VP, Guyana Goldfields from 2010 to 2019, CFO of Guyana Precious Metals from 2012 to 2018, and a Director of Continental Gold. Mr. Murphy obtained a Bachelor of Commerce degree from Queen’s University and completed his Chartered Accountant designation in 1975.

Boaz Wade – V.P. Exploration Guiana Shield

Mr. Wade has successfully managed projects at various stages of exploration across Guyana, most recently leading the Mine Exploration Geology team at Guyana Goldfields Inc. He was a recognised senior member of the teams responsible for reinterpreting the first order mineralisation controls at the Aurora deposit and remodelling the geology of the Karouni deposits in Guyana. Mr. Wade obtained a BSc in Geological Engineering from the University of Guyana.

Patrick Sheridan, M.Sc. – Chairman

Mr. Sheridan has over 25 years experience working in Guyana and has raised over 400 million dollars for exploration and development projects in Guyana. Mr. Sheridan is credited with the discovery, financing, and development of the Aurora Gold project. Mr. Sheridan was involved in the financing, development, and sale of Gold Eagle Mining, FNX Mining and others, during the previous mining cycle 2007 — 2011. He is a graduate of the London School of Economics.

Dan Noone – CEO & Director

Mr. Noone has more than 30 years of international mineral exploration and development experience ranging from implementing grassroots programs through to feasibility studies. He is currently the Chairman of GPM Metals Inc. Previous roles include Executive Director and V.P. of Exploration at Guyana Goldfields, V.P. of Peruvian Operations for Aquiline Resources Inc. and the President and CEO of Absolut Resources Inc. Mr. Noone has managed projects in Guyana, Papua New Guinea, Indonesia, Peru, Ecuador and Argentina. Mr. Noone holds a degree in geology from Ballarat University and an MBA from Melbourne University. He is a Member of the Institute of Australian Geoscientists (AIG).

Stephen Stow – Director 

Mr. Stow holds an MA in jurisprudence from Wadham College at Oxford University, of which he is a Foundation Fellow. Mr Stow has been an adviser, investor, and executive engaged in various resource driven opportunities for over 30 years. Amongst private companies which Mr Stow helped established Prior to 1995, he served as Director of Corporate Finance, Asia for the National Westminster Bank. In 1998, as well as his role in resource companies, he was the original Executive Director of what became a listed fibre optic company with a market cap in excess of US$50BN. He served as the President & CEO of Odin Mining & Exploration Ltd from 1994, until it became Lumina Gold Corp. in 2015 and remains a Director. Mr. Stow currently serves as an Independent Director of Amarillo Gold Corporation.

Bruce E. Rosenberg ( LL.B) – Director

Mr. Rosenberg has been practicing law in Ontario since 1980. He has extensive experience as a corporate lawyer and commercial litigator. Mr. Rosenberg has acted as legal counsel for several TSX listed junior mining companies and serves on the Board of Directors of three Canadian charitable foundations.

Kieran Prashad – Director

Mr. Prashad has over 10 years of experience in capital markets and the mining industry. He has been involved in the acquisition, development and sale of various stage resource projects around the world and currently serves as Vice President Corporate Development for the Sheridan Platinum Group Ltd.; Trustee for Sheridan Brothers Trust; and CEO of Aurora Royalties Inc. Mr. Prashad is a graduate of the Lassonde Mineral Engineering Program at the University of Toronto.

No other substances of such rarity are as prominent in our society as gold. Gold is stable and enduring, having been associated with cultural symbolism in civilizations documented throughout history. Gold has been utilised as a form of currency since circa 700 B.C. and the first gold coin is thought to have been minted in 560 B.C. The Gold Standard Act of 1900 ushered in gold as a fixed asset assuring the value of currency in circulation. While gold has since been phased out as a medium of exchange, many nations, individuals and institutions maintain investments in gold bullion and select gold as an asset of choice in their portfolios.

While gold is best known for its beauty in the form of jewellery, distinguishing awards and priceless artefacts, prospects for the growing application of gold in manufacturing and technology are notable. Gold is used deliberately when no other metal substitute is available due to its intrinsically high value. Thus, gold is rarely abandoned when a new application is discovered resulting in an upward trend in demand. Gold will continue to play an important role in the future global economy due to its unique properties.

Gold is a highly efficient electrical conductor which can relay currents within electronic devices. Gold can be found in most smartphones, calculators, global positioning systems (GPS), personal wearable technology and many other sophisticated technologies. Components with gold parts are resilient as gold does not rust or corrode, it is the least reactive of all metals. Gold's conductivity and reliability situates it as the primary metal of choice in memory chip manufacturing for computers. The rapid and reliable transfer of information is essential in our everyday activities. With the global consumer electronic market worth an estimated $829 Billion in 2020, gold is in high demand.

Space venturing vehicles are extremely durable and robust by design to withstand their journey. NASA uses gold in a variety of ways, including as a microscopic coating on telescope mirrors such as that of the James Webb Space Telescope scheduled to launch in 2021. A thin film of gold serves as a lubricant between critical moving parts of machinery due to the metal's low shear strength. Organic lubricants would volatilize and break down under the intense radiation in the space vacuum. Gold can be found in circuitry and as a polymer film on the outer body of space vehicles, satellites and astronaut helmets. The protective film reflects infrared radiation to stabilize temperature. In the glass industry, gold functions in a similar way to regulate the internal climate. Advances in space travel and transportation infrastructure including the SpaceX Mars Mission will undoubtedly call on gold resources.

Space venturing vehicles are extremely durable and robust by design to withstand their journey. NASA uses gold in a variety of ways, including as a microscopic coating on telescope mirrors such as that of the James Webb Space Telescope scheduled to launch in 2021. A thin film of gold serves as a lubricant between critical moving parts of machinery due to the metal's low shear strength. Organic lubricants would volatilize and break down under the intense radiation in the space vacuum. Gold can be found in circuitry and as a polymer film on the outer body of space vehicles, satellites and astronaut helmets. The protective film reflects infrared radiation to stabilize temperature. In the glass industry, gold functions in a similar way to regulate the internal climate. Advances in space travel and transportation infrastructure including the SpaceX Mars Mission will undoubtedly call on gold resources. While asteroid mining is yet to make the shift from fiction to reality, Earth's gold resources remain in high demand.

Gold is used to treat a small number of medical conditions and gold nanoparticles are used globally in Rapid Diagnostic Tests (RDTs). Radioactive gold is common in diagnosis as it has unique optical properties making it traceable as it moves through the body. Many life-support devices, surgical instruments and monitoring systems are manufactured using small amounts of gold.


In South Australia, miniscule metallic-gold particles are being applied to convert sunlight energy into fuel. This type of technology could eliminate the need for traditional battery storage by offering an alternative, clean method of storing solar power. Researchers at the Swiss Institute of Chemical Sciences and Engineering are using the precious metal as a catalyst for converting sunlight to liquid fuels. The scope for gold applications in the transition to clean energy continues to evolve. 

Gold nanotechnology has been demonstrated to offer functionality in visual display technologies, for example touch-sensitive screens. Gold nanotechnology has shown potential for data storage capacity building through innovative flash memory devices. In addition, conductive nanoparticle ink is being developed for plastic electronics. Medicine and nanotechnology are converging with the application of gold in implantable technology to monitor patient vitals and act as a warning system in the event of health risks. Startups are expanding and commercializing the potential range of functions for gold.

Gold nanotechnology has been demonstrated to offer functionality in visual display technologies, for example touch-sensitive screens. Gold nanotechnology has shown potential for data storage capacity building through innovative flash memory devices. In addition, conductive nanoparticle ink is being developed for plastic electronics. Medicine and nanotechnology are converging with the application of gold in implantable technology to monitor patient vitals and act as a warning system in the event of health risks. Startups are expanding and commercializing the potential range of functions for gold.

Gold nanotechnology has been demonstrated to offer functionality in visual display technologies, for example touch-sensitive screens. Gold nanotechnology has shown potential for data storage capacity building through innovative flash memory devices. In addition, conductive nanoparticle ink is being developed for plastic electronics. Medicine and nanotechnology are converging with the application of gold in implantable technology to monitor patient vitals and act as a warning system in the event of health risks. Start-ups are expanding and commercializing the potential range of functions for gold such as "stretchable electronics" and wearable solar panels.

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