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Golden Shield Resources Inc C.GSRI

Alternate Symbol(s):  GSRFF

Golden Shield Resources Inc. is a gold-exploration company. It is in the business of acquiring, exploring, and developing mineral properties, primarily those containing gold and associated base and precious metals. It is focused on three, 100% owned, exploration projects in Guyana, South America: Marudi Mountain, Arakaka, and Fish Creek. The Marudi Mountain project is located in southwestern Guyana and covers 5,457 hectares (ha) (54.7 square kilometers (km2)) of a prospective greenstone belt assemblage. The Marudi Mountain Project is in the Rupununi District of southwestern Guyana. The project is 500 kilometers (km) from the capital of Georgetown and 60 km from the Brazilian state of Roraima. The Arakaka project is a 100% owned 17,699 ha (176.9 km2) district-scale exploration project located in the prolific, Barama-Mazaruni Greenstone belts of the Guiana shield. Fish Creek is a 100% owned 6,028 ha (60.28 km2) land package, located in the Barama Greenstone Belt, 10 km west of Arakaka.


CSE:GSRI - Post by User

Post by mmck12on Mar 08, 2022 12:16pm
108 Views
Post# 34495771

DISCOVERY OF TWO NEW ZONES AT MAZOA HILL

DISCOVERY OF TWO NEW ZONES AT MAZOA HILL
DISCOVERY OF TWO NEW ZONES AT MAZOA HILL, MARUDI: 9.75 METRES AT 11.9 G/T
GOLD AND 43 METRES AT 1.39 G/T GOLD: DRILL RESULTS FROM FIRST 3 OF 7 HOLES
Vancouver, British Columbia, March 8, 2022 – Golden Shield Resources Inc. (CSE: GSRI)
(the “Company” or “Golden Shield”) is pleased to announce the drill results from the first three
drill holes drilled on Mazoa Hill. These first three drill holes form part of the recently concluded
2,364 metre, 13-hole diamond drilling campaign at the Marudi Mountain gold project (the “Marudi
Project”), located in the Rupununi District of southwestern Guyana. Mazoa Hill is one of eight
prospects so far discovered on the 5,457-hectare Marudi Project.
Figure 1 Marudi Project Map, prospects so far identified.
MAZOA HILL RESULTS
A total of seven drill holes were drilled at Mazoa Hill, which are designed to extend mineralization
beyond the extents of the historical resource, confirm the historical resource and the Company’s
new interpretation of mineralisation controls and will be used to guide future exploration. The 
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