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Guyana Goldstrike Inc V.GYA

Guyana Goldstrike Inc. is a Canadian exploration company focused on acquiring, exploring and developing mineral resource properties. The Company does not have any revenue from its operations.


TSXV:GYA - Post by User

Bullboard Posts
Post by Juniorspecmanon May 26, 2017 12:24am
83 Views
Post# 26286564

GYA.V - Resource Estimate of 960,000 oz of Au

GYA.V - Resource Estimate of 960,000 oz of Au

This is very very good for a gold junior with only 30M I/O.

I don't how many TSX.V junior gold miners achieve fully permiited production with 30M I/O and have 960,000 ounces of gold in the ground to start with and an upside potential in the property to increase those ounces to 1-3 million ounces.

Very few imo


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 Koz 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.

 https://www.guyanagoldstrike.com
 

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