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$GYA.V –Guyana Goldstrike Inc.

Discussion in 'Canadian Stocks Message Boards' started by Auri, May 25, 2017.

  1. Auri

    Auri Member

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    Reports 960,000 Ounces of Gold at Marudi Gold Project



    Guyana GoldStrike Inc. (GYA.V) is a Canadian based junior gold producer focused on the exploration, development and operation of the Marudi Mountain Mining License in Guyana, South America.


    About the Marudi Gold Project

    The Marudi Gold Project, a fully permitted mining license consisting of approximately 13,500 hectares, is located 230 Km from the town of Lethem in southern Guyana. The property is surrounded by good infrastructure, all-season road network with road access. The property was acquired in 1998 by Vanessa Ventures from Sutton Resources/Barrick, later acquired by Infinito Gold Ltd, and then Guyana Frontier Mining where the project was funded by Teck Resources. The Marudi property contains a historic non-compliant resource estimate of 960,000 oz of Au. The estimate is derived from two main development sites: Mazoa Hill and Marudi North. Both developments site are open at depth and to the west for further exploration upside.

    Historic Estimates

    The historic estimates contained in this news release should not be relied upon. These estimates are not National Instrument 43-101 ("NI 43-101") compliant. While the Company considers these historical estimates to be relevant to investors as it may indicate the presence of mineralization, a qualified person for the Company has not done sufficient work to classify the historical estimates as current mineral resources as defined by NI 43-101 and the Company is not treating these historical estimate as current mineral resources.

    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 belt has 110 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 under-explored. Two mines have recently declared the commencement of commercial production in 2016: Aurora deposit (Guyana Goldfields) and the Karouni deposit (Troy Resources).


    Shares Issued & Outstanding : 29,047,271

    www.guyanagoldstrike.com
     
  3. Auri

    Auri Member

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    $GYA.V - Guyana GoldStrike - CEO Interview -

    The TSX Venture’s newest gold producer with its flagship asset, the Marudi Mountain Mining License set for bulk sample production in Summer of 2017.


    Guyana GoldStrike Inc. is a Canadian based junior gold producer focused on the exploration, development and operation of the Marudi Mountain Mining License in Guyana, South America.
     
  8. Auri

    Auri Member

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    Reports 880,000 ounces of Gold at Marudi Gold Project, Guyana, South America




    Guyana Goldstrike’s (GYA.V) flagship project the Marudi Gold Project, reported some 880,000 ounces of gold (Au) to be contained in the hard rock quartz from the Mazoa Hill and Marudi North areas.

    This is according to historic estimates reported by R.P. Ilchik P. Geo in March 2004 and contained in a 43-101 Report prepared by Derrick Strickland P. Geo dated November 30, 2016.

    Specifically, the Mazoa Hill area reported 4,700,000 tonnes, grading 5.0 g/t Au based on bench volumes and quartz outcrops.

    The Marudi North area reported 1,400,000 tonnes, grading 2.7 g/t Au.

    It is of special interest to Guyana Goldstrike that both areas of gold mineralization are open in several directions.




    About the Marudi Gold Project

    The Marudi Gold Project located 230 km from the town of Lethem in southern Guyana, is a fully permitted mining license consisting of approximately 13,500 hectares.

    The property has good infrastructure with all season road access mainly through an open savannah.

    The property was acquired in 1998 by Vanessa Ventures from Sutton Resources & Barrick.

    Later it was acquired by Guyana Frontier Mining where the project was partially funded by Teck Resources.

    There exists strong potential to increase the existing gold ounces through further exploration in the open areas interest.




    About Guyana

    The Republic of Guyana is 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 several 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 a geological continuity with West Africa, the shield is highly prospective and very under-explored.

    In 2016, two mines were placed into commercial production: Aurora deposit (Guyana Goldfields) and the Karouni deposit (Troy Resources).



    For further information and a copy of the 43-101 please visit www.guyanagoldstrike.com
     
  11. Auri

    Auri Member

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    Gold Metal Price Trades Down !


    Buying Opportunty for Gold Stocks ?


    GYA.V - Guyana Goldstrike Reports 880,000 Gold


    30M Shares Issued & Outstanding


    www.guyanagoldstrike.com
     
  12. Auri

    Auri Member

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    Guyana Goldstrike Lists on Frankfurt Exchange

    Lists Common Shares on Frankfurt Exchange

    Increasing the Company's Exposure to the European Investment Community


    Guyana Goldstrike Inc. (GYA.V) announced the listing of its common shares for trading on the Frankfurt Stock Exchange under the trading symbol 1ZT (ISIN: CA40356P1009). The Company’s common shares now trade concurrently on the Frankfurt Stock Exchange and the TSX Venture Exchange.

    The Frankfurt Stock Exchange is owned and operated by Deutsche Börse AG. It is one of the world's largest (behind only the Nasdaq and NYSE) organized exchange-trading markets in terms of turnover and dealings in securities. The electronic trading platform of the Frankfurt Stock Exchange, XETRA, has made it the world's second-largest fully electronic cash market. With 90 per cent of its turnover generated in Germany, namely at the two trading venues Xetra and Börse Frankfurt, the Frankfurt Stock Exchange is the largest of the seven regional securities exchanges in Germany. The Company’s stock quotes may be checked online at http://www.boerse-frankfurt.de/aktie/Guyana_Goldstrike-Aktie.

    “This listing will increase the Company's exposure to the European investment community and also help enhance trading liquidity. Further to this, we look forward to introducing the Marudi Gold Project to a receptive European investment audience over the coming months,” stated Mr. Peter Berdusco, President and CEO of Guyana Goldstrike.



    About the Marudi Gold Project

    The Marudi Gold Project hosts a permitted mining license and consists of approximately 13,500 hectares located approximately 230 kilometres from the town of Lethem in southern Guyana. The project has good infrastructure with all season road access mainly through open savannah. The project was acquired in 1998 by Vanessa Ventures (Guyana) Ltd. from Sutton Resources Ltd., and then further acquired by Guyana Frontier Mining Corp. where the project was partially funded by Teck Resources.

    Website: www.guyanagoldstrike.com
     
  13. Auri

    Auri Member

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  14. Auri

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  15. Auri

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  16. Auri

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    $GYA.V $GYNAF Guyana Goldstrike - Undervalued Nano Cap Company with 30M shares issued.

    A Near Term Gold Producer with 880,000 ounces of Gold at their Marudi Gold Project.

    "Industry valuations at a conservative $40 / ounce of 880,000 of unmined gold ore in the ground gives Guyana Goldstrike a Market Capitalization of $35 Milllion dollars or $1.17 / share"


    The Marudi Gold Project 880,000 oz. Gold in Situ at Marudi *

    Guyana Goldstrike’s flagship project the Marudi Gold Project, reported some 880,000 ounces of gold (Au) to be contained in the hard rock bedrock from the Mazoa Hill and Marudi North areas.


    This is according to historic estimates reported by R.P. Ilchik P. Geo in March 2004 and contained in a 43-101 Report prepared by Derrick Strickland P. Geo dated November 30, 2016.



    Specifically, the Mazoa Hill area reported 4,700,000 tonnes, grading 5.0 g/t Au based on bench volumes and quartz outcrops.


    The Marudi North area reported 1,400,000 tonnes, grading 2.7 g/t Au.


    It is of special interest to Guyana Goldstrike that both areas of gold mineralization are open in several directions.


    *NI 43-101 Technical Report

    on the Marudi Property Guyana

    by Derick Strickland P.Geo

    November 30, 2016


    Page 19

    Table 3: Historical Estimates

    920,000 ounces (fluvial or colluvial resources not considered)


    (note geological management reduced the estimates from 920,000 to 880,000)


    Issued & Outstanding Shares: 29,047,271
     
  17. Auri

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  18. Auri

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  19. Auri

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    Engineers to Create New 3D Model from Previous Drill Data for 800,000 ounces Gold


    [​IMG]

    3D Image Gold Deposit

    Goldstrike Inc. (GYA - TSX.V) announced on that it has retained the services of mining engineering firm MineIt Consulting Inc. to assist the Company in compiling, modelling and advancing the legacy geological data from the Marudi Gold Project located in Guyana, South America.

    The legacy data contains over 40,000 metres of diamond drilling performed on the project by prior operators. The majority of the drilling was conducted on Marudi's two main development sites: Mazoa Hill and Marudi North. Both sites are open to mineralization in multiple directions and therefore favourable to further exploration and development. Mineit services will primarily assist the company in defining a comprehensive exploration program for these sites, focussing on drill target definition and mineralization expansion.

    About MineIt Consulting Inc.

    MineIt Consulting Inc. with offices located in Vancouver, BC, Canada, is a leading mining engineering consulting firm serving the Canadian mining industry. The company provides engineering services that include Mining Engineering, Project Evaluation, Geotechnical Engineering, and Process & Metallurgy services.

    Past clients of MineIt include: • Goldcorp • Gold Standard • Terrane Metals • Victory Nickel • Thompson Creek • Riverside Resources • MX Gold • Anglo American • Alexco Resources • North American Tungsten

    About the Marudi Gold Project

    The Marudi Gold Project is the Company's flagship project located in Guyana, South America. It has had an extensive history of exploration and development completed by past operators. The Marudi has all-season infrastructure including an established mining camp with permanent facilities, employees and a full-time camp manager.

    http://www.guyanagoldstrike.com
     

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