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Golden Shield Resources Inc GSRFF


Primary Symbol: C.GSRI

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 EWPeakIMon Sep 20, 2022 12:00pm
104 Views
Post# 34973943

Golden Shield Commences Phase III Drilling at Marudi Mount..

Golden Shield Commences Phase III Drilling at Marudi Mount..GOLDEN SHIELD COMMENCES PHASE III DRILLING AT MARUDI MOUNTAIN TO EXTEND MINERALIZATION AT MAZOA HILL AND TEST NEW EXPLORATION TARGETS
  • Expansion of high-grade gold mineralization at the Mazoa Hill Deposit laterally and to depth: Drill holes will step-out on existing high-grade intercepts.
  • Drill-test new exploration prospects: New targets will be drill tested to assess the expansion potential of the Marudi Mountain property.
  • Continued Exploration: Induced Polarization (IP) survey will be conducted on the Marudi Mountain property consisting of a minimum of 20-line km, over the Mazoa, Throne and July prospects. Trenching and field mapping will continue throughout the duration of the drill program.

Vancouver, British Columbia, September 20, 2022 – Golden Shield Resources Inc. (CSE: GSRI / FRA: 4LE0) --- (the “Company” or “Golden Shield”) is pleased to announce the commencement of Phase III drilling at the Marudi Mountain property located in southwestern Guyana (the “Marudi Mountain Property”). Drill crews have been mobilized to site, and drilling is underway. Phase III of drilling will target the extension of mineralization at the Mazoa Hill Deposit and the drilling of new exploration targets.

READ FULL NEWS: https://bit.ly/3xzJ6Pm
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