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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 Jan 22, 2020 12:36am
89 Views
Post# 30581112

HSBC Raises Average Gold Forecast to $1,613/oz for 2020

HSBC Raises Average Gold Forecast to $1,613/oz for 2020 
HSBC has raised its average gold price forecasts to  $1,613/oz for 2020 and $1,575/oz for 2021, from $1,560/oz and $1,525/oz, Reuters reported.

"We believe gold is set to move modestly higher in 2020 if global economic and geopolitical outlook remain uncertain or ratchet higher," HSBC explained.




HIGHLIGHTS 

Share Structure  58 M I/O (Jan 2020) 

Zijin Funds own 20% (invested $3.2M in 2018) 

Advanced Exploration project (40,000 m drilling) 

Two Mineralized zones / deposits ( Mazoa Hill & Marudi North) 

43-101 Gold Resource of 345,700 oz  at  Mazoa Hill zone / Deposit 

Near Surface Open Pit Mine 

13,500 acres (54 sq. kms) land size 15 % of project explored to date

The new discovered area the 2.5 km Toucan Ridge trenched surface samples as high as 23.5 g/t gold 

20 + Geophysical targets identified 

Geophysics showing more mineralization at depth and extensions to drill targets

Drill ready property

Drilling company selected 

Mining Permit for Production in place 

Mining Camp in Place
 

Symbols: GYA.V   / GYNAF 
 
https://www.guyanagoldstrike.com
 

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