Guyana Goldstrike to Present at PDAC at Guyana Mining Day
(firmenpresse) - Guyana Goldstrike to Present at PDAC at Guyana Mining Day
March 1, 2018 - Vancouver, Canada - Guyana Goldstrike Inc. (the Company or Guyana Goldstrike) (TSXV: GYA, OTC: GYNAF, FSE: 1ZT) is pleased to announce that Mrs. Kibbyann Chester-Harding, the Investment Officer of the Guyana Office for Investment from the Government of Guyana has invited Guyana Goldstrike Inc. to present the Marudi Gold Project at the Prospectors & Developers Association of Canada (PDAC) convention and trade show in Toronto Ontario, Canada.
Guyana Goldstrike along with other mining companies will be presenting at Guyana Mining Day, Guyana in Focus on Sunday 4th March 2018 during the hours of 3 PM - 4PM located at the Metro Toronto Convention Centre, North Building, 255 Front Street West, Toronto, Ontario, in the Reception Hall 104 C & D.
The companys invites all shareholders and interested parties to visit the Reception Hall 104 C & D during the hours of 2-8PM to meet with and speak directly with management to gain additional insight into the companys 2018 plans for the further development of the Mardui Gold Project.
As previously announced the company is in receipt of $3,475,000.00 from a recent completed private placement with Zijin Global and Zijin Midas Exploration Funds who invested strategically $3,200,000 for the exploration and development of the Marudi Gold project.
The Company encourages all interested parties to visit the Company's website www.guyanagoldstrike.com
For further information please contact the Company by telephone, 1.877.844.4661 or email, info(at)guyanagoldstrike.com.
About The Marudi Gold Project
The property, located in Guyana, South America, is unique in that it has a mining license in good standing, all-season road access, infrastructure in place, with an established mining camp serviced by employees, service buildings, and a full-time mining manager.
The property has three known gold bearing areas, specifically the alluvial areas, the saprorlite overburden, and the underlying hard-rock. There has been 42,000 metres of historic diamond drilling (141 holes) completed on the Project by prior operators.
The Company has recently completed a mineral resource estimate on the Mazoa Hill zone of 259,100 indicated gold ounces within 4,428,000 tonnes grading 1.80 grams/tonne (g/t) and 86,200 inferred gold ounces within 1,653,000 tonnes grading 1.60 grams/tonne (g/t).
There exists excellent exploration upside through the development of previously identified, highly-prospective mineralized targets on the Project.
For information concerning the mineral resource estimate and the Project, readers are encouraged to review "Technical Report: Marudi Property Mazoa Hill Mineral Resource Estimate, a technical report prepared for the Company by Global Mineral Resource Services and is available on the Company's website located at (http://www.guyanagoldstrike.com/images/pdf/43-101_Report_Guyana_Goldstrike_Mazoa_Hill_Zone_Jan_2018.pdf) and under the Company's profile on SEDAR (www.sedar.com).
About Guyana
The Republic of Guyana is located in South America between Venezuela and Suriname. The country is English speaking and under British Common Law with a democratically-elected government. It has an established mining act and a rich history of gold production. In 2016, 690,000 ounces of gold was produced by operators mining in the country. The Fraser Institutes 2016 Annual Survey of Mining listed Guyana as the third best mining jurisdiction with regards to investment attractiveness in the Latin America and Caribbean Basin sub-group. The Guiana Shield is the geographic gold-hosting region, and is world-recognized as a premier gold region that is highly prospective, under-explored and has geological continuity with West Africa.* In 2016, two mines in Guyana declared the commencement of commercial production: the Aurora deposit (Guyana Goldfields) and the Karouni deposit (Troy Resources).
* Independent Technical and Environmental Review Karouni Gold Project - Guyana, Behre Dolbear Australia Pty Ltd, April 29, 2016
Qualified Person
Locke Goldsmith, M.Sc., P. Eng, P. Geo, Chief Geologist and Exploration Manager for the Company, is a Qualified Person in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Mr. Goldsmith has reviewed and approved the scientific and technical content of this news release.
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On behalf of the Board of Directors of
GUYANA GOLDSTRIKE INC.
Peter Berdusco
President and Chief Executive Officer
GUYANA GOLDSTRIKE INC.
Suite 510, 580 Hornby Street
Vancouver, British Columbia
V6C 3B6
either the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain certain Forward-Looking Statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words anticipate, believe, estimate, expect, target, plan, forecast, may, schedule and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, fluctuations in the market for gold, changes in exploration costs and government regulation in Guyana, status of artisanal mining activities and associated rights, and other factors or information. Such statements represent the Companys current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.
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