Guyana Goldstrike Inc V.GYA

RE:RE:Technical Analysis - Guyana Goldstrike Inc.

[Specific]

ggrellette wrote: What a lovely stock chart of a broken stock. Sadly turned out to be garbage and it still blows my mind that it is at this god awful level. I have other idea why the market has looked the other way but that has to fall on mgt. Sounds like Peter needs to be ousted.

Because they havn't done f*ck all for months


October 3, 2019 from TheNewsWire

 

(via TheNewswire)

October 3, 2019 - TheNewswire - Vancouver, Canada - Guyana Goldstrike Inc. (the "Company" or "Guyana Goldstrike") (TSXV:GYA), (OTC:GYNAF), (FSE:1ZT) is pleased to provide chip-channel assay results from the Company's exploration program at the Marudi Gold Project ("Marudi" or the "Property", or the "Project") located in Guyana, South America.

Three chip-channel samples were collected from each of two attitudes of fracturing in oxidized quartzite-metachert (host rock) at the Mazoa Hill zone. Assays have returned values as high as 47.6 g/t Au across 3 metres within 9 metres of 21.2 g/t Au. Samples were oriented approximately horizontally on near vertical exposures across steeply dipping fractures.

The samples were taken bytheProjectgeologistas part of the Company's ongoing objective to expand the knowledge of the mineralized areas and their controls. Sample lengths do not represent true widths.

Mr. Locke Goldsmith, M.Sc., P. Eng, P. Geo, VP Exploration states,

"These chip-channel samples are important as they increase knowledge about structural controls of high-grade gold mineralization within the host strata. A better understanding of controls will enable us to more effectively target our drilling on areas with high-grade gold potential."

Highlights of 2019-20 Planned Phase Two Exploration Program

Highlights of the second phase exploration program are below:

• - Diamond drilling of up to 2,500 metres at the newly discovered Toucan Ridge zone and other targeted areas that have been identified by geophysics, trenching and outcrops

  - 7 priority areas of interest - Marudi Spur Ridge, Peace Creek, July Creek, Success Creek, Kimberley Ridge, East Marudi, and Marudi North West Extension areas are to be explored by mapping, sampling and trenching with potential confirmation drilling follow up

  - The Company will focus its initial trenching at Kimberley Ridge and Success Creek with the intention of generating new drill target areas

  - The Company will commission a 3D geophysical interpretation west of the Mazoa Hill zone, that includes the target areas: Pancake, Kimberley Ridge, and Success Creek

  - The Company plans to re-log and re-sample historic drill core from Mazoa Hill and Marudi North areas to standardize a new data base

  - Upon initial success from trenching and drilling the Company may elect to increase its diamond drilling program beyond 2,500 metres
  
  ........SOOOOO WTF IS TAKING SO LONG