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GUYANA GOLDSTRIKE REPORTS ASSAYS OF 1.46 G/T AU OVER 6.00 METRES WITHIN 9.60 METRES OF 1.00 G/T AU IN TRENCH TTR-18-14 AT TOUCAN RIDGE AREA, MARUDI GOLD PROJECT, GUYANA

 

 

Trenching Photo

 

Guyana Goldstrike Inc. (GYA.V) has released final assays from trench TTR-18-14 at the Toucan Ridge area on its Marudi gold project located in the Guiana Shield, Guyana, South America.

Trench TTR-18-14 final assay results from quartzite-metachert (host rock) have returned values of 1.46 g/t Au over 6.00 Metres within 9.60 Metres of 1.00 g/t Au .

The interval is located above a magnetic anomaly as determined from 3D inversion interpretation.

Trench TTR-18-14 is located approximately 1000 metres northeast of trench TTR-18-06 (the westernmost trench on the ridge) and was trenched for 178.70 metres with 88 samples taken. Four intervals have been identified as quartzite-metachert host rock.

The Toucan Ridge area of interest continues for more than 1.75 kilometres to the northeast of trench TTR-18-06.

Current Gold Zones and Mineral Resource Estimates at Marudi

The Mazoa Hill Zone contains the Company's current mineral resource estimate. The Toucan Ridge area is located approximately one kilometre north of the Mazoa Hill zone. Data analyzed suggests that the mineralized zone is open at depth and to the southeast. Mazoa Hill zone mineral resource estimates:

- 259,100 indicated gold ounces within 4,428,000 tonnes grading 1.80 g/t;

- 86,200 inferred gold ounces within 1,653,000 tonnes grading 1.60 g/t

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