15:15:47 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Guyana Goldstrike Inc
Symbol GYA
Shares Issued 37,424,837
Close 2017-09-21 C$ 0.215
Market Cap C$ 8,046,340
Recent Sedar Documents

Guyana Goldstrike to attend conference, forum in China

2017-09-21 11:27 ET - News Release

Mr. Peter Berdusco reports

GUYANA GOLDSTRIKE ATTENDS MINING CONFERENCE AND FORUM IN TIANJIN AND BEIJING, CHINA

Guyana Goldstrike Inc. is attending and participating in the China Mining Congress and Expo in Tianjin and the Canada Mineral Investment Forum in Beijing, China, on Sept. 21 through to Sept. 25, 2017.

Peter Berdusco, president and chief executive officer, and Dr. Yingting (Tony) Guo, PGeo, adviser to the board of directors, are representing Guyana Goldstrike.

Mr. Berdusco, who has been invited to make a corporate presentation at the Canada Mineral Investment Forum, states: "The company is thrilled to be attending and participating in these excellent events. According to the World Gold Council, China is the No. 1 producer and consumer of gold and therefore the interest level regarding our Marudi gold project should be very high."

About the conference and forum

The China Mining Congress & Expo has been held in Tianjin since 1999 and is ranked as one of the top investment and mining conferences globally.

The Canada China Mineral Investment Forum in Beijing is an annual high-level bilateral event organized by the Province of British Columbia (through Trade and Invest BC), the federal government of Canada, and China's National Development & Reform Commission. It focuses on connecting Chinese investors with mining investment opportunities in Canadian companies. The forum precedes the China Mining Conference and Exhibition and provides Canadian companies with an opportunity to introduce their mining projects to qualified Chinese investors.

About the Marudi gold project

The Marudi gold project is the company's flagship project located in Guyana, South America. Marudi is unique in that it has three known gold-bearing areas, specifically the alluvial areas, the saprolite overburden and the lower hardrock. Forty-two thousand metres of diamond drilling (141 holes) have been performed on the property's hardrock by prior operators. This historical work has delineated multiple historical mineral resource estimates on the project. For information concerning these estimates and the project, readers are encouraged to review "[National Instrument 43-101 Technical Report on the Marudi Property, Guyana," a technical report prepared for the company by Derrick Strickland, PGeo, and available on the company's website and under the company's profile on SEDAR.* There exists excellent exploration upside through exploration and development of previously identified, highly prospective mineralized targets on the project. The project has a mining licence in good standing, all-season road access, infrastructure in place, with an established mining camp served by employees, service buildings and a full-time mining manager.

* The company considers these estimates to be historical, and cautions that a qualified person has not done sufficient work to classify the historical estimates as current mineral resources or mineral reserves in accordance with National Instrument 43-101. The company does consider these historical estimates to be relevant as they may indicate the presence of gold mineralization and favourable geology.

About Guyana

The Republic of Guyana is located in South America between Venezuela and Suriname. The country is English speaking under British Common Law with a democratically elected government. It has an established mining act and rich history of gold production. In 2013, 458,000 ounces of gold were produced by operators mining in the country. The Guiana Shield has over 100 million ounces of gold inventory and is world recognized as a premier gold region. With geological continuity with West Africa, the shield is highly prospective and very underexplored. In 2016, two mines declared the commencement of commercial production: Aurora deposit (Guyana Goldfields) and the Karouni deposit (Troy Resources).

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.