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Guyana Goldfields Inc New GUYFF



GREY:GUYFF - Post by User

Post by davgroon Jul 05, 2019 8:44am
177 Views
Post# 29888932

Guyana Goldfields to resume full production at Aurora

Guyana Goldfields to resume full production at Aurora

2019-07-05 08:12 ET - News Release

Mr. Suresh Kalathil reports

GUYANA GOLDFIELDS INC. ANNOUNCES END OF WORK STOPPAGE AT AURORA MINE; PRODUCTION RESUMES

The work stoppage at Guyana Goldfields Inc.'s Aurora mine that began on July 2 has ended. Employees are starting to return to work in a phased approach to ensure orderliness and full production is anticipated to resume shortly. As a result of the three operational days lost, the company estimates that approximately 22,500 tonnes were not processed, however, full-year production guidance remains unaffected at 145,000 to 160,000 ounces of gold.

Suresh Kalathil, senior vice-president and chief operating officer, states: "Personnel are being remobilized and the site is ramping back up to normal operations in a phased and safe manner. The company has agreed to a dialogue with employee representatives and government authorities to resolve any outstanding issues in full compliance with Guyanese labour law."

About Guyana Goldfields Inc.

Guyana Goldfields is a Canadian-based mid-tier gold producer primarily focused on the exploration, development and operation of gold deposits in Guyana, South America.

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