Micro Cap Company Considers an ICO and Cryptocurrency Funding
GUYANA GOLDSTRIKE INVESTIGATES BLOCKCHAIN PLATFORM FOR CRYPTOCURRENCY FUNDING
Guyana Goldstrike Inc. (GYA.V GYNAF) has been meeting and consulting with experts in the blockchain and cryptocurrency sector to ascertain the feasibility of financing the Marudi gold project through the issuance of an initial coin offering on the Ethereum blockchain platform.
Peter Berdusco, president and chief executive officer of the company, states: "We believe the Marudi gold project has the right set of attributes that make it an excellent candidate to fund through an ICO. The project has a mining licence, good infrastructure with an operating mining camp, a historic resource estimate that is currently being updated and excellent exploration upside. The ability to market these attributes to a new alternative financing audience is very intriguing to us. What makes it even more compelling is the potential of coupling these attributes with the prospective merit of an ICO that may minimize shareholder dilution while financing the project toward production."
About the Marudi gold project
The project, located in Guyana, South America, is unique in that it has a mining licence in good standing, all-season road access, infrastructure in place, with an established mining camp serviced by employees, service buildings and a full-time mining manager. The property has three known gold-bearing areas, specifically the alluvial areas, the saprolite overburden and the underlying hard rock. There has been 42,000 metres of historic diamond drilling (141 holes) completed on the project by prior operators. This work has delineated historical mineral resource estimates on the project. There exists excellent exploration upside through the development of previously identified, highly prospective mineralized targets on the project.
