PURUNI

Located to 35km southwest of G2’s flagship Oko-Ghanie deposit which hosts mineral resources of 1.5 million ounces of gold (Indicated) and 1.6 million ounces of gold (Inferred), the Peter’s Mine has a long history of production dating back to the turn of the 20th century. The Peter’s Mine was Guyana’s first gold mine which was discovered in 1902 and subsequently developed as an underground mine, becoming operational in 1905. Between 1905 and 1909, 41,915 ounces of gold were produced primarily from shallow underground workings within 70 meters of surface. Head grades were approximately 41 g/t Au.

In May 2025, G2 completed scout drilling at the Peter’s Mine which validated historical data while testing structural controls and lithologies along the Mango Trend Deformation Zone (MTDZ). Initial first-pass results were very encouraging, with shallow 76m @ 1.50 g/t Au (including impressive 16.5m @ 5.0 g/t; or 59.5m @ 0.53g/t excluding this sub-interval) intercepting a series of NE-SW striking veins and a deeper 3m @ 12.5 g/t from 147m, indicating both bulk near-surface and discrete high-grade opportunities. G2 is currently planning a significant drill program for the Peter’s Mine district.

Gold mineralisation at the Peter’s Mine Property is associated with structurally controlled quartz veins and stockworks hosted within a series of steeply plunging, discrete isoclinal fold structures. There are five documented gold target areas on the property, all of which lie along a prominent north-south deformation zone, termed the MTDZ. Despite a long history of artisanal gold production, the property has historically seen less than 20,000 metres of drilling.