Today: September 21, 2018, 12:12 am
  
Finance

Guyana Goldstrike Reports 960,000 Ounces of Gold at Marudi Gold Project

Guyana GoldStrike Inc. (GYA.V) is a Canadian based junior gold producer focused on the exploration, development and operation of the Marudi Mountain Mining License in Guyana, South America.
Guyana Goldstrike Reports 960,000 Ounces of Gold at Marudi Gold Project
PR-Inside.com: 2017-05-26 20:52:19
Reports 960,000 Ounces of Gold at Marudi Gold Project



Guyana GoldStrike Inc. (GYA.V) is a Canadian based junior gold producer focused on the exploration, development and operation of the Marudi Mountain Mining License in Guyana, South America.



About the Marudi Gold Project

The Marudi Gold Project, a fully permitted mining license consisting of approximately 13,500 hectares, is located 230 Km from the town of Lethem in southern Guyana. The property is surrounded by good infrastructure, all-season road network with road access. The property was acquired in 1998 by Vanessa Ventures from Sutton Resources/Barrick, later acquired by Infinito Gold Ltd, and then Guyana Frontier Mining where the project was funded by Teck Resources. The Marudi property contains a historic non-compliant resource estimate of 960,000 oz of Au. The estimate is derived from two main development sites: Mazoa Hill and Marudi North. Both developments site are open at depth and to the west for further exploration upside.

Historic Estimates

The historic estimates contained in this news release should not be relied upon. These estimates are not National Instrument 43-101 ("NI 43-101") compliant. While the Company considers these historical estimates to be relevant to investors as it may indicate the presence of mineralization, a qualified person for the Company has not done sufficient work to classify the historical estimates as current mineral resources as defined by NI 43-101 and the Company is not treating these historical estimate as current mineral resources.

About Guyana

The Republic of Guyana is located in South America between Venezuela and Suriname. The country is English speaking under British Common Law with a democratically elected government. It has an established mining act and rich history of gold production. In 2013, 458,000 ounces of gold were produced by operators mining in the country. The Guiana Shield belt has 110 million ounces of gold inventory and is world-recognized as a premier gold region. With geological continuity with West Africa, the shield is highly prospective and very under-explored. Two mines have recently declared the commencement of commercial production in 2016: Aurora deposit (Guyana Goldfields) and the Karouni deposit (Troy Resources).



Shares Issued & Outstanding : 29,047,271

www.guyanagoldstrike.com

Press Information
David Joseph Marketing
1846 Nelson st

David Joseph
Owner
604 569 1801
email
www.tsxpennystocks.ca

Published by
David Joseph Kwiatkowski
6045691801
e-mail
www.tsxpennystocks.ca



# 378 Words
Related Articles
 
More From Finance
NSAV ANNOUNCES COMMENCEMENT OF SHARE BUYBACK PROGRAM
Net Savings Link, Inc. (OTC: NSAV), a medical cannabis technology company, announced today that the Company has commenced a [..]
CoinTiger Exchange Announce Equity Mechanism to TigerCash [..]
SINGAPORE, Sept 5, 2018 - (Media OutReach) - CoinTiger crypto exchange (www.cointiger.pro) today announces introduction of [..]
DasCoin's rapid expansion continues with fifth exchange [..]
Currency of Trust surges forward with IDAX agreement LONDON, Sept 5, 2018 - (Media OutReach) - DasCoin, the Currency of [..]
NSAV ANNOUNCES PARTNERSHIP WITH GERMANY’S BEERCHAIN TECHNOLOGY [..]
NSAV ANNOUNCES PARTNERSHIP WITH GERMANY’S BEERCHAIN TECHNOLOGY TO REVOLUTIONIZE THE BEER INDUSTRY Net Savings Link, Inc. (OTC: [..]
Commercial Direct Shares Recent Success Stories from [..]
MIAMI – (August 31, 2018) – Commercial Direct, a new division of Silver Hill Funding, a commercial mortgage lender, has [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.