GYGC Guyana Gold Corp (PK)

Guyana Gold Corp. (OTC:GYGC) is pleased to announce that, effective March 1, 2008, the Company and Octagon Mining Corp. entered into a Joint Venture Agreement in which the Company acquired a 50% working interest in certain mineral projects in Guyana. Guyana Gold Corp CEO Eduard Aronov stated "The Port Kaituma projects may realize many potential synergies leading to accelerated development of deposits on the joint venture property. The Company�s experience in the mineral exploration and Octagon Mining Corp.�s experience in the Port Kaituma project makes this venture extremely well-suited to exploring the high grade gold potential of the Guyana Region.� The terms of the Joint Venture call for Octagon Mining Corp. to be responsible for the mining operations and Guyana Gold Corp. to provide assistance in expanding the Port Kaituma operation. Per the Agreement, the Company acquired its 50% working interest from Octagon Mining Corp. in exchange for 1,000,000 shares of Company common stock, all of which were valued at $0.50 per share. The mineral projects in the Joint Venture are comprised of 6 blocks, with each block consisting of 1,200 acres and 44 claims, for a total of 7,200 acres and 264 claims. These claims are located in the Port Kaituma Region in Guyana. The main mineral interests in Guyana are gold, diamond and bauxite and, recently, semi-precious stones. Octagon Mining Corp. is currently producing 100 ounces of gold per month. For more information on the Company and its properties, please visit the website at www.guyanagoldcorp.com About Guyana Gold Corp. Guyana Gold Corp.�is a junior mineral exploration company that specializes in identifying, acquiring and developing precious and base metal properties as well as assessing whether certain claims possess exploitable commercial and precious mineral reserves. The Company�s objective is to develop a balanced global portfolio of early-to-advanced stage projects. Guyana Gold Corp. is currently focused on gold projects in the Caribbean. About Octagon Mining Corp. Octagon Mining Corp.�(OMC)�, a 5 year old mining exploration company�is�engaged in the acquisition, exploration�and production of mineral properties, primarily for gold and other minerals. The Company�s strategy involves a results-oriented approach towards exploration research, supported by the scale expansion of the field operations on carefully selected assets. Octagon Mining Corp. is focused on working in proven gold camps; on projects which have multiple deposit discovery potential and by utilizing leading edge exploration tools and modern geophysics techniques.�Currently Octagon Mining Corp. is producing approximately 100 ounces of gold per month on its Port Kaituma property and is currently in the process of expanding production. Safe Harbor Statement� FORWARD LOOKING STATEMENTS This Information and Disclosure Statement contains various �forward-looking statements� within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended. Forward-looking statements represent the Company�s expectations or beliefs concerning future events. The words believe, expect, anticipate, intend, estimate, project and similar expressions are intended to identify forward-looking statements. The Company cautions that these statements are further qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements, including without limitations the factors described in this Information and Disclosure Statement. Investors are cautioned not to place undue reliance on such forward-looking statements because they speak only of the Company�s views as of the statement dates. Although the Company has attempted to list the important factors that presently affect the Company�s business and operating results, the Company further cautions investors that other factors may in the future prove to be important in affecting the Company�s results of operations. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.