“Gold Price Could Hit $1,800 This Year” ht
Post# of 53479
https://youtu.be/TmCo0oDnHdU
Guyana Goldstrike Closes $3,475,000 Financing
GYA - TSX.V / GYNAF.OTC
Completes Strategic Investment with Zijin Global Fund and Zijin Midas Exploration Fund LLC
Marudi Gold Project located in prolific Guiana Gold Belt of South America
• Region contains over 110 M oz of inventory gold
• Project was a buyout target for Teck Cominco in 2012
• 100% option on a 13,500-acre property
• $30M USD + spent on project since 1985 by other operators
• 42,000 m of diamond drilling / 141 holes completed to date
• Company has a 20-year mining permit in good standing
• Infrastructure in place
• Established operating mining camp, with full time employees and manager
• Project has generated revenue from alluvial gold mined under an agreement with local miners
• Only 5% of the property has been explored, with two zones drilled (Mazoa Hill & Marudi North)
• 2018 - 43-101 on the Mazoa Hill Zone indicates 259,100 gold oz and 86,200 inferred gold oz
• Marudi has 3 gold bearing areas, Alluvial, Overburden Saprolite, Hard Rock
• Targeting 1-2 million ounces of gold resource
52 M shares issued (13.9M Zijin Funds & 12.2M Insiders)
http://www.guyanagoldstrike.com/