Golden Shield Resources Inc C.GSRI

Golden Shield Drills 10 m at 2.68 g/t Gold and 4 m at 7.77..

[EWPeakIM]

Golden Shield Drills 10 m at 2.68 g/t Gold and 4 m at 7.77 g/t Gold, Confirming High-Grade Depth Extension at Mazoa Hill Deposit And Discovers Five Additional Prospects, Two Drill Ready

• 4m grading 7.77 g/t gold confirms high-grade depth extension at Mazoa Hill.
• Two new areas of gold host rock QMC identified – both larger than Mazoa Hill.
• Drilling starting mid-September to year end and trenching ongoing.

Vancouver, British Columbia, September 13, 2022 – Golden Shield Resources Inc. (CSE: GSRI / FRA: 4LE0) (the “Company” or “Golden Shield”) is pleased to announce assay results from the final four holes of the Company’s eleven-hole 3,100 metre Phase Two drill program and recent trenching results at its flagship, 5,457-hectare Marudi Mountain gold project located in the Rupununi District of southwestern Guyana. The Phase Two drill program was designed to test the extension of mineralization at depth and laterally at the previously identified Mazoa Hill prospect.


MAZOA DRILL RESULTS
Drill holes MH-22-24, MH-22-25 and MH-22-26 were drilled to test the southern extension of Mazoa Hill Deposit. This area had seen limited historical drilling. Drillhole MH-22-27 was drilled to infill a previously undrilled panel in the northern part of the deposit. Detailed geological logging and interpretative work has shown that a high-grade mineralized envelope (the “Main Zone”) within the Quartz Metachert (“QMC”), plunges shallowly to the south. The Main Zone is interpreted to be down dropped vertically to the south, by a steeply dipping fault (Figure 3). The next (third) phase of drilling will target the down-dropped extension of the Main Zone, as shown in Figure 3.

full release: https://bit.ly/3RJRgg8