Guyana Gold Corp. Joint Venture Partner Octagon Mining to Increase Production 150%
June 03 2008 - 4:55PM
Business Wire
Guyana Gold Corp. (OTC: GYGC) is pleased to announce purchases of
underground mining equipment made by Octagon Mining Corp., which
Guyana Gold is in a joint venture with. This new equipment will
increase gold production by approximately 150 ounces a month for a
total production of over an estimated 250 ounces per month. Guyana
Gold Corp. President Eduard Aronov said, "Our investors and
shareholders should be as pleased as I am with this new equipment.
It will bring our production up 150% within the next 30 days.� 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 is currently focused on
gold projects in the Caribbean. In Guyana, the Company�s key
mineral project is�located in the region of Port Kaituma. 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.
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