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Golden Shield Resources Inc C.GSRI

Alternate Symbol(s):  GSRFF

Golden Shield Resources Inc. is a gold-exploration company. It is in the business of acquiring, exploring, and developing mineral properties, primarily those containing gold and associated base and precious metals. It is focused on three, 100% owned, exploration projects in Guyana, South America: Marudi Mountain, Arakaka, and Fish Creek. The Marudi Mountain project is located in southwestern Guyana and covers 5,457 hectares (ha) (54.7 square kilometers (km2)) of a prospective greenstone belt assemblage. The Marudi Mountain Project is in the Rupununi District of southwestern Guyana. The project is 500 kilometers (km) from the capital of Georgetown and 60 km from the Brazilian state of Roraima. The Arakaka project is a 100% owned 17,699 ha (176.9 km2) district-scale exploration project located in the prolific, Barama-Mazaruni Greenstone belts of the Guiana shield. Fish Creek is a 100% owned 6,028 ha (60.28 km2) land package, located in the Barama Greenstone Belt, 10 km west of Arakaka.


CSE:GSRI - Post by User

Post by Lockstock1on Aug 08, 2024 5:38am
146 Views
Post# 36168952

Tucano Gold's iron ore plant

Tucano Gold's iron ore plantTucano has one of the only green iron ore plants in the world that will process gold tailings/ waste that's rich in iron ore. The region they're in is traditionally a big iron ore producing area and their tailings are said to contain 20-40% Fe.
This could be a great way to bring down AISC on gold production, plus a way to lower costs on the tailings dam capacity by processing the roughly 35 million tonnes of tailings currently sitting there. They're also talking about a possible spin out.
See the Tucano Green Iron Ore deck here
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