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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

Post by STOCKRUSon Nov 13, 2018 6:25am
31 Views
Post# 28963527

News -Intersects 5.32 g/t Au over 3.00 metres within 44.50 m

News -Intersects 5.32 g/t Au over 3.00 metres within 44.50 m
 


November 13, 2018 / TheNewswire / Vancouver, Canada - Guyana Goldstrike Inc. (the "Company" or "Guyana Goldstrike") (TSXV: GYA, OTC: GYNAF, FSE:1ZT) is pleased to report assay results from Trench TTR-18-07 at the Toucan Ridge area on its Marudi Gold Project ("Marudi" or the "Property") located in the Guiana Gold Belt, Guyana, South America.

Trench TTR-18-07

TTR-18-07 was trenched for a total length of 243.30 metres and successfully exposed the quartzite-metachert (host rock) in place. Assay results are from samples taken in hard and slightly weathered host rock returning values of 5.32 g/t Au over 3.00 metres, within 44.50 metres of 1.22 g/t Au.

These represent the final assays from TTR-18-07. Additional assays are pending from trenches TTR-18-10, TTR-18-11 and TTR-18-12 and will be released once received and reviewed by the Company. The technical team continues to trench along Toucan Ridge progressing in an eastward direction with a total of 1,885 metres trenched and 575 samples taken. The area of interest continues for more than 1.75 kilometres to the east of trench TTR-18-06. To date, a total of 8 trenches have been completed within the area of interest. Trench sites are planned where quartzite-metachert is exposed or interpreted to occur beneath the transported overburden.

Please view below, "Table of Significant Gold Assay Results to Date" for a list of all trenching results on the Property to date, and "Toucan Ridge Location Map" for the location of the Toucan Ridge area of interest and related trenches.

Current Gold Zones and Mineral Resource Estimates at Marudi

The Mazoa Hill Zone contains the Company's current mineral resource estimate. The Toucan Ridge area is located approximately one kilometre north of the Mazoa Hill zone. Data analyzed suggests that the mineralized zone is open at depth and to the southeast. Mazoa Hill zone mineral resource estimates:

259,100 indicated gold ounces within 4,428,000 tonnes grading 1.80 g/t;

86,200 inferred gold ounces within 1,653,000 tonnes grading 1.60 g/t






THE NEWS WIRE LINK

November 13, 2018 / TheNewswire / Vancouver, Canada - Guyana Goldstrike Inc. (the "Company" or "Guyana Goldstrike") (TSXV: GYA, OTC: GYNAF, FSE:1ZT) is pleased to report assay results from Trench TTR-18-07 at the Toucan Ridge area on its Marudi Gold Project ("Marudi" or the "Property") located in the Guiana Gold Belt, Guyana, South America.

Trench TTR-18-07

TTR-18-07 was trenched for a total length of 243.30 metres and successfully exposed the quartzite-metachert (host rock) in place. Assay results are from samples taken in hard and slightly weathered host rock returning values of 5.32 g/t Au over 3.00 metres, within 44.50 metres of 1.22 g/t Au.

These represent the final assays from TTR-18-07. Additional assays are pending from trenches TTR-18-10, TTR-18-11 and TTR-18-12 and will be released once received and reviewed by the Company. The technical team continues to trench along Toucan Ridge progressing in an eastward direction with a total of 1,885 metres trenched and 575 samples taken. The area of interest continues for more than 1.75 kilometres to the east of trench TTR-18-06. To date, a total of 8 trenches have been completed within the area of interest. Trench sites are planned where quartzite-metachert is exposed or interpreted to occur beneath the transported overburden.

Please view below, "Table of Significant Gold Assay Results to Date" for a list of all trenching results on the Property to date, and "Toucan Ridge Location Map" for the location of the Toucan Ridge area of interest and related trenches.

Current Gold Zones and Mineral Resource Estimates at Marudi

The Mazoa Hill Zone contains the Company's current mineral resource estimate. The Toucan Ridge area is located approximately one kilometre north of the Mazoa Hill zone. Data analyzed suggests that the mineralized zone is open at depth and to the southeast. Mazoa Hill zone mineral resource estimates:

259,100 indicated gold ounces within 4,428,000 tonnes grading 1.80 g/t;

86,200 inferred gold ounces within 1,653,000 tonnes grading 1.60 g/t

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