Guyana Gold Corp. in the Heart of a Gold-Mining Boom in Guyana
June 23 2008 - 7:57AM
Business Wire
Guyana Gold Corp. (OTC:GYGC-News) is an aggressive junior
gold�exploration company developing exploration opportunities in
geographic areas with a proven history of geological discovery in
Guyana, South America. Recent significant gold discoveries by
Guyana Goldfields Inc., Strata Gold�Corp. and Sacre-Coeur Minerals
Ltd. - along with a major exploration presence in the country by
Newmont Mining - have placed Guyana to the forefront of the gold
exploration sector. The country is in the heart of a prolific gold
region called the Guiana Shield � also encompassing parts of
Venezuela, Suriname and French Guiana. Geologically, this is
believed to be the broken-off extension of the West African Shield
hosting the Birimian gold belt in Ghana where at least 100 million
ounces of gold has been identified to date. Guyana Gold Corp has a
joint venture with Octagon Mining Corp. which is 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. Guyana Gold Corp. plans to
have production on its key property increased over the next 60
days, and has announced it has made application for additional land
claims to further enhance the company�s exploration programs. 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� 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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