November 14, 2017 / TheNewswire / Vancouver, Canada - Guyana Goldstrike Inc. (the "Company" or "Guyana Goldstrike") (TSXV: GYA, OTC: GYNAF, FSE: 1ZT) is pleased to announce that President and Chief Executive Officer Mr. Peter Berdusco will attend and present at the two-day Bally Capital Advisors' Swiss Mining Institute Investment Conference (the "SMI Conference") on November 23 and 24, 2017.
Bally Capital Advisors SA is a Swiss based Asset-manager founded in 2003 and is a member of the Swiss Association of Asset Managers (SAAM) and Groupement Patronal des Gerants de Patrimoines (GPGP).
The SMI Conferences are invitation-only events that include a select group of asset managers, fund managers and high-net worth individuals from Switzerland, France, Belgium and Germany. The two-day conference will be held in Zurich on November 23 and Geneva on November 24, with each day providing top quality, independent perspectives from experts within the resource sector together with presentations from the invitee mining companies.
"This will be our second attendance at the SMI conference - our first being earlier this year," stated Mr Peter Berdusco, President and Chief Executive Officer of the Company. "With an establishing shareholder based stemming from the first event, this is a great opportunity to not only provide a corporate update for our European shareholders, but to also further introduce the Marudi Gold Project to a new set of investors and fund managers." Mr. Berdusco continued, "Our attendance is an integral part of our continued commitment to expanding our shareholder base beyond the North American market and thereby creating a truly global reach for Guyana Goldstrike."
The Company will be presenting live via webcam and it encourages all shareholders and investors to please visit the Company's events section of the website at www.guyanagoldstrike.com/ index.php/investor/events for further information on webcast times.
About the Marudi Gold Project
The Marudi Gold Project (the "Project") is the Company's flagship project located in Guyana, South America. The Project is unique in that it has three known gold bearing areas, specifically the alluvial areas, the saprorlite overburden, and the underlying hard-rock. 42,000 metres of historic diamond drilling (141 holes) has been completed on the Project's hard-rock by prior operators. This historical work has delineated several historical mineral resource estimates on the Project.
For information concerning these estimates and the Project, readers are encouraged to review "NI 43-101 Technical Report on the Marudi Property, Guyana", a technical report prepared for the Company by Derrick Strickland, P. Geo., and is available on the Company's website (https://www.guyanagoldstrike.com/images/pdf/2016/Marudi_43-101_November_30_2016.pdf) and under the Company's profile on SEDAR (www.sedar.com).*
There exists excellent exploration upside through the development of previously identified, highly-prospective mineralized targets on the Project. The Project 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 Company considers these estimates to be historical, and cautions that a Qualified Person has not done sufficient work to classify the historical estimates as current mineral resources or mineral reserves in accordance with National Instrument 43-101. The Company does consider these historical estimates to be relevant as they may indicate the presence of gold mineralization and favourable geology.
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 a rich history of gold production. In 2013, 458,000 ounces of gold were produced by operators mining in the country. The Guiana Shield has over 100 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 under-explored. In 2016, two mines 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
On behalf of the Board of Directors of
GUYANA GOLDSTRIKE INC.
Peter Berdusco
President and Chief Executive Officer