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Commences Trenching, Mapping and Sampling at the Marudi North Zone - West Extension

 Reports 12 meters 5.5 g/t Gold Previously Drilled

 

Diamond Drill Core in Box

 

Guyana Goldstrike Inc. (GYA.V) announced that the geological team has commenced new trenching, mapping, and sampling at the Marudi North Zone - West Extension area on its Marudi Gold Project located in the Guiana Gold Belt, Guyana, South America.

Peter Berdusco, President and CEO states "This is the company’s second area of geological interest out of nine targeted areas identified. The first area Paunch returned high grade gold values indicating a downslope gold dispersion with gold trends that suggested an undiscovered bedrock source was in the vicinity. It is important to note that the Marudi North Zone has been drilled and assayed by previous operators, therefore the West Extension is an excellent follow up exploration target to determine if there’s continuity of gold present in the area. We eagerly anticipate further sampling and assay results from Marudi North - West Extension."

Marudi North West Extension Exploration

Locke Goldsmith P. Eng P. Geo VP Exploration reports, “New trenching at Marudi North - West Extension has commenced. One trench has been completed to date, including sampling, mapping, and photography. At this trench an outcrop of quartzite-metachert, the host bedrock, was identified and exposed at a depth of 2.5 meters. The Marudi North - West Extension has a very good potential for the discovery of gold.”

Historical Drill Results - Marudi North

(Guyana Frontier - 2012) Source: 43-101 Technical Report D. Strickland P. Geo November 30, 2016

Hole No. Azimuth (degrees) Dip (degrees) Final Depth of Hole (m) From (m) To (m) Interval (m) Gold Intercept (grams/ tonne)
MN12-133 119° -50 163.5 9.08 18 8.92 2.95
  including 9.6 12 2.4 7.45
    30 37.45 7.45 0.26
    159.7 163.5 3.8 0.32
MN12-134 119° -70 97.67 12.5 30.05 17.55 4.29
  including 12.5 24.5 12 5.54
    30.05 39 8.95 0.3
MH12-135 290° -60 268.5 23.26 55.5 32.24 1.8
MN12-137 115° -55 292.5 195.13 204.94 9.81 0.78
MN12-140 140° -55 139.5 48.97 57.16 8.19 0.31
    72.5 80.5 8 1.9
  including 74.5 78.5 4 3.4
MN12-141 165° -55 110 36 42.5 8.95 0.26
        60 66 6 0.3

 

Below is a 2012 location map showing drilling and exploration completed at Marudi by previous operators.

 

Marudi Location Map

 

 

 

http://www.guyanagoldstrike.com