Tickers: XTSX:GYA, PINX:GYNAF, FRAA:1ZT
Vancouver, Canada - TheNewswire - October 04, 2019 - Guyana Goldstrike Inc. (the "Company" or "Guyana Goldstrike") (TSXV:GYA) (OTC:GYNAF) (FSE:1ZT) is pleased to announce that Mr. Edward Rochette has joined the Company's Board of Directors.
Mr. Rochette is a worldwide recognized Mining Executive, Land Manager, a member of the Oregon State Bar Association and former CEO of East Asia Minerals. He is best known in the mining industry in his role of Senior Vice President of Ivanhoe Mining ltd. where he spent 25 years negotiating and acquiring various projects in over 35 countries. Over the course of his tenure he has worked in over 50 countries and is responsible for the acquisition of world class mining properties, including Monywa copper mine in Myanmar, Bong Mieu gold mine in Vietnam, Bakyrchik gold mine in Kazakhstan, Oyu Tolgoi copper mine in Mongolia and the Miwah gold project in Indonesia.
At Nerco Minerals, Mr. Rochette was responsible for 14 western territories and left his legacy in the form of consolidating and reopening the Cripple Creek mining district, currently owned by Newmont Mining and home to a 13 million ounce gold reserve.
Mr. Rochette continues to consult for Mr. Robert Friedland, founder and Executive Co-Chairman of Ivanhoe Mines Ltd., conducting mineral acquisitions in Utah, Nevada, Arizona and China. His expertise and industry knowledge is invaluable to the Company.
We welcome Mr. Rochette to the Board of Directors.
About Guyana Goldstrike Inc.
Guyana Goldstrike Inc. is a Canadian based junior gold company focused on the exploration, development, and operation of the Marudi Gold Project in Guyana, South America.
To learn more about the Marudi gold project investors are encouraged to visit www.guyanagoldstrike.com
The Republic of Guyana is located in South America adjacent to Suriname. The country is English speaking and under British Common Law with a democratically-elected government. It has an established mining act and a rich history of gold production. In 2016, 690,000 ounces of gold was produced by operators mining in the country. The Fraser Institute's 2016 Annual Survey of Mining listed Guyana as the third best mining jurisdiction with regards to investment attractiveness in the Latin America and Caribbean Basin sub-group. The Guiana Shield is the geographic gold-hosting region, and is world-recognized as a premier gold region that is highly prospective, under-explored and has geological continuity with West Africa.* In 2016, two mines in Guyana declared the commencement of commercial production: the Aurora deposit (Guyana Goldfields) and the Karouni deposit (Troy Resources).
* Independent Technical and Environmental Review Karouni Gold Project - Guyana, Behre Dolbear Australia Pty Ltd, April 29, 2016
On behalf of the Board of Directors of
GUYANA GOLDSTRIKE INC.
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, fluctuations in the market for gold, changes in exploration costs and government regulation in Guyana, status of artisanal mining activities and associated rights, and other factors or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.
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