Located to the southwest of G2’s Oko-Aremu property, the Peters Mine has a long history of production dating back to the turn of the 20th century. The Peters Mine was Guyana’s first gold mine which was discovered in 1903 and commenced production in 1905. Between 1905 and 1910, the Peters Mine produced over 41,000 oz of gold with mill head grades in excess of 1 oz/t. The majority of the production occurred above the 200 ft level presenting an excellent opportunity to discover additional high-grade mineralization below the previously mined areas. More recent work in the 1990s returned significant gold intersections further supporting the potential for new high-grade gold discoveries at the historic Peters Mine.
Please refer to Press Release dated October 24, 2023.
