Gold Up To 7-Mo.High On Safe-Haven, Technical Buying
$GYA.V GuyanaGoldstrike Announces Second Discovery
https://web.tmxmoney.com/article.php?newsid=7044182704910751&qm_symbol=GYA
With the price ofgold in the 1300's it may be of good timing for a lot of the gold jrs.
Guyana Shield isa target for Barrick and with 110 M ozs of inventory it makes sense for Barrickto take an interest.
"Barrickkeen on Guyana Shield, Canada for exploration: executive"
Barrick alreadyhas invested in Reunion Gold ( $10M) and will be seeking other suitable goldjrs in the region.
Guyana Goldstrikehas a lot of attractive features which imo will attract Barrick.
Share Structure53 M I/O ( Jan 2019)
Zijin Funds 24%(invested 3.2M in 2018)
Advanced project( 40,000 m drilling)
Two drilled outdeposits
43-101 resourceof 345,700 oz gold at one deposit the Mazoa Hill
Open Pit Mine
13,500 acres (54sq. kms) in size,
5 % of projectexplored to date
The new area the2.5 km Toucan Ridge has consistently been successful by trenching &sampling for gold in the quartzite host rock as high 7 g/t
New geophysicswill provide more depth to geological insights and drill targets
Mining Permit& License for production
Mining camp inplace
Should we all seea bull gold market in 2019, 2020, 2021 .... Guyana Goldstrike should be in theportfolio of any serious gold investor, because the potential for newdiscoveries seems to be very real when we look at what the property's potentialfor gold discoveries …. and we should not forget about Barrick ....
