Guyana Goldstrike is exploring and developing the Marudi Gold Project (“Marudi”) located in Guyana, South America. Marudi is an advanced-stage exploration and development property containing a mineral resource estimate, a mining license and is 95% unexplored.
The property lies within the Guiana Shield which underlies Guyana (previously British Guiana), Suriname (previously Dutch Guiana) and French Guiana (or Guyane), as well as parts of Colombia, and Brazil.
The Guiana Shield, which is host to a multitude of gold deposits in this region of the world, has geological continuity with West Africa.
The majority of gold deposits in the Guyana Shield lie within a northern belt that stretches from Guyana to French Guiana. The Marudi Gold Project lies to the south of this belt and the company is of the opinion that it is within a newly identified, southern gold belt.
The company's near-term primary objective is to further explore and develop the hard-rock gold mineralization on the property. Secondary objectives are the identification and exploration of other properties along the southern belt.