$GYA.V – Guyana Goldstrike Inc.

Good Gold Project

Hi

I am new here. I like this stock and I am looking at buying it. The chart looks good and the project is very interesting.

 

A New Deposit In The Guiana Shield Is Gaining Validation From The Market

Guyana Goldstrike. (CVE: GYA)

| Recommendation - BUY; Target Price - $0.45 |


A New Deposit In The Guiana Shield Is Gaining Validation From The Market Initiating Coverage With A Buy Rating And A C$ 0.45 Per Share Target Price Guyana Goldstrike is a Vancouver based mining company with their flagship project in advanced exploration stage in Guyana, South America.

The project is 13,500 acres in size, with a mineral resource estimate and permitted mining license, and remains 95% unexplored. Our Price Target of C$ 0.45per share for GYA is based on the enterprise value per ounce of M&I resources of comparable companies.

We are initiating coverage on Guyana Goldstrike Gold with a BUY recommendation and C$ 0.45 per share target price.

Guyana Goldstrike Is Advancing Its Flagship Marudi Project In Guyana Guyana Goldstrike is focused on advancing its Marudi project located in the Guiana Shield in Guyana, South America.

The Guiana Shield is a mineralized geological belt that stretches from Venezuela in the West to Northern Brazil in the East. It is over 415,000 square kilometers, underlies Venezuela, Guyana, Suriname & French Guiana, and hosts deposits in excess of 110 Moz of gold.

The Marudi Project property is large; only a fraction of the property has been explored by mining companies.

The grades of 1.8 g/t are in line with the other gold deposits in the Guiana Shield. Merian Mine in Suriname is the most recent deposit in the Guiana Shield, brought into production in late 2016 by Newmont. The Merian Mine has a reserve grade of 1.23 g/t and Rosebel Mine has a reserve grade of 1.00 g/t.

Two Zones Discovered - Exploration Could Lead To More Mineralized Discoveries The mineral resource estimate on Marudi has only been completed for the Mazoa Hill Zone.

Two mineralized zones have been discovered so far - the Mazoa Hill Zone and the Marudi North. Both zones are open to mineralization in multiple directions and at depth, and therefore favorable to further exploration and development.

The probability for future discoveries is significant, given that only 5% of the total land package has been explored to date.

The current exploration plan involves 10,000 m of diamond drilling, 12,000 m of trenching, detailed rock, soil and core sampling together with an airborne magnetic survey of the entire property area.

A Vote Of Confidence From Zijin Mining

Guyana Goldstrike has a strong investor base, with their single largest shareholder, Zijin Mining Group, holding 24.4% of total shares outstanding and 12.8 MM common share purchase warrants. Zijin Mining’s position signals their confidence in Guyana Goldstrike’s project and management team.

www.comprehensiveresearch.ca

 

Sitting at 10-day SMA. Looking for breakout at 0.38.

 

Guyana Goldstrike CEO Peter Berdusco Opens Up About High Potential Marudi Gold Project in Guyana

http://smallcaps.us/guyana-goldstri...-high-potential-marudi-gold-project-in-guyana