Marudi North Location Map

The Marudi Mountain Mining License, which covers the Marudi gold project, is approximately 13,500 hectares in size and property, that is located 230 km from the town of Lethem in southern Guyana. The property is surrounded by good infrastructure, all-season road network with road access. By charter flight, a Beechcraft 1900D 50 minute flight will reach Lethem from Georgetown and an Islander flight from Lethem to the property will reach in 45 minutes.

The property was acquired in 1998 by Vanessa Ventures from Sutton Resources/Barrick, later it was acquired by Infinito Gold Ltd, and then Guyana Frontier Mining where the project was funded by Teck Resources. Guyana Frontier Mining was unable to maintain the mining license in good standing and the license was temporarily suspendered for lack of activity and reporting. The suspension was lifted in the fall of 2016 by the Guyana Geology and Mines Commission for the Romanex Guyana Exploration Ltd (RGEL) ownership group. Subsequently in 2017 Guyana Goldstrike acquired an option to purchase all of the shares of RGEL and operates in Guyana through RGEL.