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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

Comment by STOCKRUSon Jan 30, 2020 9:19am
47 Views
Post# 30618997

RE:Meet the NINE MILLION DOLLAR MAN!!!

RE:Meet the NINE MILLION DOLLAR MAN!!!Thanks Panther Boy,

That was a video from 2018, since then the company completed the exploration program of 2018-19 work on Marudi and has a drill ready property with driller ready to drill.


fyi,



2019-09-18 

GUYANA GOLDSTRIKE SELECTS BONGA XPLORATION FOR DIAMOND DRILLING AT MARUDI GOLD PROJECT, GUYANA, SOUTH AMERICA

Guyana Goldstrike Inc. has selected Bonga Xploration Drilling Ltd. of Vancouver, Canada, as the driller to carry out diamond drilling at its Marudi gold project, located within the Guiana Shield, Guyana, South America.

The Bonga Xploration team has visited the property and has gained a full understanding of Guyana Goldstrike's expectations for the upcoming program.

The drilling program will comprise up to 2,500 metres and can be extended for additional metres. This program will test and confirm at depth the gold associated and correlated to anomalous gold mineralization reported in the sampling results from surface trenching and the magnetic anomalies identified along the length of the 1.75-kilometre Toucan Ridge area.

Further details on the drilling and exploration program will be released once the company has finalized all logistics and contracts.

In 2018, a total of 12 trenches totalling 2,458 metres were completed at Toucan Ridge.

Over 850 trench samples were assayed from the Toucan Ridge area, returning grades as high as 23.5 grams per tonne (g/t) gold.

About the Marudi gold project

The company is developing the Marudi gold project, which has a 17-year mining licence and is located in Guyana, South America. There has been 42,000 metres of historic diamond drilling completed on the project by prior operators that have delineated two zones of gold mineralization: Mazoa Hill and Marudi North zones. A mineral resource estimate has been completed on the Mazoa Hill zone. It is open to mineralization in multiple directions and at depth.

The company has also recently discovered a third mineralized zone, called Toucan Ridge, which is situated about 1,000 metres to the northeast of the Mazoa Hill zone. In addition to the known gold deposits and the new Toucan Ridge zone, the company has over 45 square kilometres of underexplored land and believes the greater land position has excellent upside potential for the discovery of new mineralized zones through the development of previously and newly identified mineralized bedrock targets on the project.

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