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GYNAF: inactive security. FINRA deleted symbol.
https://otce.finra.org/otce/dailyList?viewType=Deletions
GYNAF: effective Sept. 25,2020 a one for 5 reverse split:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
GUYANA GOLDSTRIKE SELECTS DRILL TARGETS AT TOUCAN RIDGE DISCOVERY AREA, MARUDI GOLD PROJECT, GUYANA
Guyana Goldstrike Inc. has selected drill targets at the Marudi gold project, located in Guyana, South America.
The Company's 2018/19 trenching program successfully outlined a new mineralized area that continues for more than 1.75 kilometres along Toucan Ridge (see map below). Toucan Ridge is roughly one kilometre northeast of the Mazoa Hill Zone which currently contains the Project's mineral resource estimate (please see " Mineral Resource Estimate " below).
A diamond drill program of up to 12 holes is planned and may be extended. The planned drill program will predominately focus on Toucan Ridge where a total of 2,458 metres of trenching was completed and 837 samples were taken.
Drill targets have been chosen from identified magnetic anomalies and gold assays from surface trenching and sampling of the quartzite-metachert host rock.
The specific drill locations will be in proximity to trenches TTR-18-7 and TTR-18-8, as priority targets, followed potentially by drilling trench areas TTR-18-9, TTR-18-11, TTR-18-12, and TTR-18-13.
In 2018, trenches TTR-18-7 and TTR-18-8 assayed grades as high as 7.2 g/t Au over 3 metres.
The first drill pads will be positioned to drill angled holes across the area of trenches TTR-18-7 and TTR-18-8 to an initial planned depth of 130 metres and a maximum depth of 200 metres.
In preparation for the next phase of exploration, the technical team has reviewed the legacy data, including drill assays, drill angles, collar location, grade and interval lengths from past drilling on the Property in order to further refine its exploration efforts at Marudi. The compilation of these historic drill assays will provide important information that the technical team will use to calibrate drilling on the Property.
The following assay highlights are from the Mazoa Hill Zone which is approximately one kilometre south west of the Toucan Ridge discovery area:
Assay Highlights of Sutton Resources Diamond Drill Programs 1991-94 - Mazoa Hill Zone:
MR 91-068 - 6 metres of 29.97 g/t Au; within 72 metres of 5.11 g/t Au;
MR 91-074 - 15 metres of 15.30 g/t Au; within 75.00 metres of 4.60 g/t Au;
MR 94-102 - 52 metres of 4.06 g/t Au; within 190 metres of 2.39 g/t Au;
MR 94-113 - 36 metres of 7.74 g/t Au; within 141 metres of 3.31 g/t Au;
MR 94-115 - 45 metres of 10.82 g/t Au and 30 metres of 15.16 g/t Au; within 81 metres of 7.71 g/t Au;
MR 94-120 - 12 metres of 16.65 g/t Au; within 57 metres of 4.51 g/t Au.
Mineral Resource Estimates
The Mazoa Hill Zone contains the Company's current mineral resource estimate. Data analyzed suggests that the mineralized zone is open in several directions including at depth:
- 243,300 indicated gold ounces within 3,637,000 tonnes grading 2.1 g/t;
- 78,800 inferred gold ounces within 1,278,000 tonnes grading 1.9 g/t.
For further information concerning the Mazoa Hill Zone Resource Estimate, readers are encouraged to review " Technical Report: Marudi Property Mazoa Hill Mineral Resource Estimate ", a technical report prepared for the Company by Global Mineral Resource Services and is available at the Company's website and under the Company's profile on SEDAR.
. Readers are cautioned that although the Project has a mineral resource estimate and a mining license a production decision has not been reached by the Company in respect of the Project, nor has a feasibility study been completed to assess the economic viability of commercial production at the Project. Also note, mineral resources that are not mineral reserves do not have demonstrated economic viability.
The Company also announces that Frontier Flex Marketing (Frontier) continues to provide investor relations and marketing services to the Company. The agreement with Frontier commenced on January 2019, with remuneration of $7,000 per month. The services were put on hiatus for an extended period in 2019. The Company has re-commenced services as of January 2020. This was part of an extension and revision to an original agreement with Frontier Merchant Capital for similar investor relations and marketing services that was signed on January 2018, with remuneration of $5,000 per month. Frontier Merchant Capital were also granted 50,000 stock options of the Company at 25 cents in January 2018 and 150,000 stock options at 30 cents on October 30, 2018.
About Guyana Goldstrike Inc.
The Company is developing the Marudi Gold Project, which has a 17-year mining license and is located in Guyana, South America. Historic diamond drilling completed on the Project by prior operators have delineated two zones of gold mineralization: Mazoa Hill and Marudi North zones. A mineral resource estimate has been completed on the Mazoa Hill Zone. Data analyzed suggests the zone is open to mineralization in multiple directions and at depth.
Through the recent exploration program, the Company has discovered a third mineralized zone, called Toucan Ridge, which is situated approximately 1000 metres to the northeast of the Mazoa Hill Zone. In addition to the known gold zones and the new Toucan Ridge zone, the Company has over 45 sq. kms of underexplored land and believes the greater land position has excellent upside potential for the discovery of new mineralized zones through the development of previously and newly identified mineralized bedrock targets on the Project.
Qualified Person
Locke Goldsmith, M.Sc., P. Eng, P. Geo, Chief Geologist and Exploration Manager for the Company, is a Qualified Person in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects . Mr. Goldsmith has reviewed and approved the scientific and technical content of this news release.
The sleeper is moving up. 621,000 in volume on the tsx as well.
NEWS GYNAF Signs $9M Gold Contract Financing
https://www.marketwatch.com/press-release/guyana-goldstrike-signs-us9-million-gold-forward-purchase-agreement-2020-01-27
??
Wow. This scam is still low .02’s. Only a matter of time before someone gets bored and completely unloads!
Yes some sees $GYNAF as a buying opportunity at these low price levels
Nice 350K Bid at .0241 !
GYNAF - Q 350.0 0.0241 / 0.0327 100.0
GOLD IS GOOD
2020 will be big year for GOLD Stocks
http://www.guyanagoldstrike.com
Another red day for this POS.... when is .01 coming
GUYANA GOLDSTRIKE REPORTS 47.6 G/T AU OVER 3 METRES WITHIN 9 METRES OF 21.2 G/T AU AT MARUDI GOLD PROJECT, GUYANA
Guyana Goldstrike Inc. has released chip channel assay results from its exploration program at the Marudi gold project located in Guyana, South America.
Three chip channel samples were collected from each of two attitudes of fracturing in oxidized quartzite metachert (host rock) at the Mazoa Hill zone. Assays have returned values as high as 47.6 grams per tonne (g/t) gold (Au) across three metres within nine metres of 21.2 g/t Au. Samples were oriented approximately horizontally on near-vertical exposures across steeply dipping fractures.
The samples were taken by the project geologist as part of the company's continuing objective to expand the knowledge of the mineralized areas and their controls. Sample lengths do not represent true widths.
Locke Goldsmith, master of science, professional engineer, professional geoscientist, vice-president of exploration, states:
"These chip channel samples are important as they increase knowledge about structural controls of high-grade gold mineralization within the host strata. A better understanding of controls will enable us to more effectively target our drilling on areas with high-grade gold potential."
Highlights of 2019 to 2020 planned phase 2 exploration program
Highlights of the second phase exploration program are below:
Diamond drilling of up to 2,500 metres at the newly discovered Toucan Ridge zone and other targeted areas that have been identified by geophysics, trenching and outcrops;
Seven priority areas of interest -- Marudi Spur Ridge, Peace Creek, July Creek, Success Creek, Kimberley Ridge, East Marudi and Marudi northwest extension areas are to be explored by mapping, sampling and trenching with potential confirmation drilling follow-up;
The company will focus its initial trenching at Kimberley Ridge and Success Creek with the intention of generating new drill target areas;
The company will commission a three-dimensional geophysical interpretation west of the Mazoa Hill zone, that includes the target areas Pancake, Kimberley Ridge and Success Creek;
The company plans to relog and resample historic drill core from Mazoa Hill and Marudi North areas to standardize a new database;
Upon initial success from trenching and drilling, the company may elect to increase its diamond drilling program beyond 2,500 metres.
Mazoa Hill mineral resource estimate
The Mazoa Hill zone contains the project's current mineral resource estimate. Data analyzed suggests that the mineralized zone is open in multiple directions, including at depth.
About the Marudi gold project
The company is developing the Marudi gold project, which has a 17-year mining licence and is located in Guyana, South America. Historic diamond drilling completed on the project by prior operators have delineated two zones of gold mineralization: Mazoa Hill and Marudi North zones. A mineral resource estimate has been completed on the Mazoa Hill zone. Data analyzed suggests the zone is open to mineralization in multiple directions and at depth.
The company has also recently discovered a third mineralized zone, called Toucan Ridge, which is situated about 1,000 metres to the northeast of the Mazoa Hill zone. In addition to the known gold deposits and the new Toucan Ridge zone, the company has over 45 square kilometres of underexplored land and believes the greater land position has excellent upside potential for the discovery of new mineralized zones through the development of previously and newly identified mineralized bedrock targets on the project.
Quality assurance/quality control/sampling and assaying
All samples collected were delivered by Guyana Goldstrike staff to Activation Laboratories Ltd. (Actlabs), located in Georgetown, Guyana. Actlabs is ISO 17025 accredited and an ISO 9001:2008 qualified and certified assayer that performs and makes available internal assaying controls. Actlabs has more than 25 years of experience and maintains complete analytical laboratories that perform high-quality analysis for many industries around the world.
Qualified person
Locke Goldsmith, master of science, professional engineer, professional geoscientist, chief geologist and exploration manager for the company, is a qualified person in accordance with National Instrument 43-101 (Standards of Disclosure for Mineral Projects). Mr. Goldsmith has reviewed and approved the scientific and technical content of this news release.
© 2019 Canjex Publishing Ltd. All rights reserved.
Wow. In the .02’s. This trash is about to go sub .01’s
IMF Sees Guyana Growing 86% in 2020
https://www.bloomberg.com/news/articles/2019-11-02/meet-the-economy-that-the-imf-sees-growing-86-in-2020
https://www.guyanagoldstrike.com
Fallen from .22, hasn’t even started drilling yet, and has no volume. This is a diluting POS
GYNAF Really a scam ? I don't believe that.
The company is a real with a real project and real people.
You may have sold to early.......
Just because a stock does not move up in price to your liking .... the company is a scam ?
Why would the Zijin Funds invest $3 million dollars into a scam ?
If you want to see a scam, look around at the OTC sub penny stocks. (Pump & Dump)
The main issue is that the gynaf market is not too active and that does not equate to a scam.
Look at the TSX.V - GYA market in Canada, looks like investors are buying at these low prices.
Look at the all gold GYNAF / GYA has at the Marudi gold project.
Historical Drill Highlights - Mazoa Hill Zone
Source: Sutton Resources Drill Programs 1991-94
MR 91-060 - 27 metres of 5.77 g/t Au and 12 metres of 5.43 g/t Au; within 138 metres of 3.11 g/t Au
MR 91-061 - 6 metres of 19.40 g/t Au and 33 metres of 6.23 g/t Au and 27 metres of 5.19 g/t Au; within 129m of 4.10 g/t Au
MR 91-068 - 6 metres of 29.97 g/t Au; within 72 metres of 5.11 g/t Au
MR 91-074 – 15 metres of 15.30 g/t Au; within 75.00 metres of 4.60 g/t Au
MR 94-094 – 30 metres of 3.53 g/t Au; within 144m of 2.19 g/t Au
MR 94-102 – 52 metres of 4.06 g/t Au; within 190 metres of 2.39 g/t Au
MR 94-113 – 36 metres of 7.74 g/t Au; within 141 metres of 3.31 g/t Au
MR 94-115 – 45 metres of 10.82 g/t Au and 30 metres of 15.16 g/t Au; within 81 metres of 7.71 g/t Au
MR 94-119 – 30 metres of 10.90 g/t Au; within 66 metres of 6.19 g/t Au
MR 94-120 – 12 metres of 16.65 g/t Au; within 57 metres of 4.51 g/t Au
MR 94-123 – 9 metres of 16.65 g/t Au and 9 metres of 13.53 g/t Au; within 45 metres of 6.06 g/t Au
https://www.guyanagoldstrike.com/
Company is a scam I sold for a 70% loss they dumping shares
Go right on ahead. ;)
I loaded more! News will be huge!
500k on the ask. Going nowhere soon
Well we are going the wrong way my friend. quite a big drop over the last months
Getting closer to .02.
Looks like a reverse bounce.
Big news is coming soon the type of news that will push us to .50 easy
This is from 2017 correct? I do not see any date forecasts or new info making this more appealing then it was 2 years ago?
MARUDI GOLD PROJECT HIGHLIGHTS
Strategic partner Gold Mountains Asset Management Limited, a wholly-owned subsidiary of Zijin Mining Group, owns a 24.4% equity position in the company through its two funds, Zijin Global Fund and Zijin Midas Exploration Fund LLC.
43-101 COMPLIANT RESOURCE ESTIMATE REPORT
42,000 METRES OF DIAMOND DRILLING (141 holes) in historic exploration since 1985 by prior operators
EXCELLENT EXPLORATION UPSIDE – Near-term exploration planned to expand the current mineral resource estimate and discover additional ounces from previously and newly identified, highly-prospective mineralized targets in the property
MINING LICENSE in Good Standing
100% OPTION TO PURCHASE THE PROJECT has been acquired by the company
EXPERIENCED MANAGEMENT TEAM with over 14 years business experience in Guyana and a combined 120 years of mining and resource exploration experience
MARUDI GOLD PROJECT
Global Mineral Resource Services of Vancouver reported a NI 43-101 compliant mineral resource on behalf of Guyana Goldstrike Inc.
43-101 Mazoa Hill Zone Resource Estimate
Source: G.Mosher, M.Sc., P.Geo. GMRS Project 43-101 Resource Estimate Report, December 20, 2017
Mazoa Hill Indicated Resources in Conceptual Pit
Cutoff Au g/t Tonnes Au Capped g/t Au Uncapped g/t Ounces Capped Ounces Uncapped
2.00 1,352,000 3.4 3.7 149,900 160,500
1.00 2,979,000 2.3 2.5 224,900 235,600
0.75 3,637,000 2.1 2.2 243,300 254,000
0.50 4,428,000 1.8 1.9 259,100 269,700
0.25 5,540,000 1.5 1.6 272,600 283,200
0.00 7,088,000 1.2 1.3 277,700 288,300
Mazoa Hill Inferred Resources in Conceptual Pit
Cutoff Au g/t Tonnes Au Capped g/t Au Uncapped g/t Ounces Capped Ounces Uncapped
2.00 459,000 3.2 3.3 46,700 48,100
1.00 1,009,000 2.2 2.2 71,300 72,700
0.75 1,278,000 1.9 2.0 78,800 80,100
0.50 1,653,000 1.6 1.6 86,200 87,600
0.25 2,224,000 1.3 1.3 93,000 94,300
0.00 4,182,000 0.7 0.7 97,000 98,300
WEBSITE
Email 2 from the company there was no Note Converting and they said how the $2M+ cash went:
The CDEL is a market maker in the USA, there are no notes that are being converted in the USA.
The news usually get released at 6:00 am pre market.
The $2.4 M was used for exploration and operation of the company, you need to go through the financial statements and read them completely.
There will be more news from the management in the future.
Regards,
Guyana Goldstrike Inc.
Email 1 from the company they wasn’t diluting:
Thank you Julez.
Yes it is frustrating to see GYA / GYNAF share price down in price.
The company or the directors are not selling any shares and creating a dilution or drop in price.
Like any markets, housing, food, and autos and so forth they all fluctuate in price, as buyers and sellers come and go from their markets.
The stock market is the same and just happens a lot faster with investors buying and selling shares in seconds.
In these situations some investors will average down their share price, when the price lowers or hold.
There are no changes with the company and its Marudi gold project.
The Marudi gold project is ready to be drilled.
http://www.guyanagoldstrike.com
Best regards,
Guyana Goldstrike Inc.
Thats crazy!! this will see .20 before .02
Dilution is done news coming this is way oversold get in for a big bounce
Wondering when more dumping will happen. .02’s could be possible here
$0.20 is coming, get the cheap tickets!!
Company needs to stop diluting
Sorry but where did you get those cash numbers from? In their latest financial report, they had 43K USD.
Management said more news coming in email! get ready!!
Thank for the cheap shares!! More news coming!!
Per your PM: doesn’t look like it. Ask is getting stacked
Buying is done too
Something is coming. Selling done.
GYNAF FormerSenior Vice President of Ivanhoe Mining ltd. (IVN.T)
Joins Guyana Goldstrike
World Class Mining Executive
Guyana Goldstrike Inc. (TSXV: GYA) (OTC:GYNAF) (FSE:1ZT) announced that Mr. Edward Rochette has joined their Board of Directors. Mr. Rochette 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. Mr. Rochette presently consults for Mr. Robert Friedland, founder and Executive Co-Chairman of Ivanhoe Mines Ltd., conducting mineral acquisitions in Utah, Nevada, Arizona and China.
https://www.guyanagoldstrike.com/
What? All 16k shares? Don’t buy them all at once...... smart money waiting for .04
Then no buys today LMAO
Hovering around 52w low. Are we going to see a new low as the ask is stacking?! Where is this “loading”? #failedpump
Shorting is an excuse. No one is shorting this. Walls going up.
$gynaf..shorts are starting to squirm here..going to get real fun around here...
More news is coming by the way the company is getting things together get ready for the run
Smart money and big money will be continuing buying and loading at these levels
Got to be short this company has over $2.4M in cash why would they be diluting here
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Guyana Goldstrike Inc. (TSX.V:GYA, OTC:GYNAF, FSE:1ZT) is a Canadian gold mining company with an operational focus in the prolific Guiana Shield, a highly mineralised geological formation in South America. The company’s current asset is the Marudi Gold Project located in Guyana.
Strategic partner Gold Mountains Asset Management Limited, a wholly-owned subsidiary of Zijin Mining Group, owns a 24.4% equity position in the company through its two funds, Zijin Global Fund and Zijin Midas Exploration Fund LLC.
The project is 13,500 acres (54 sq. kms) in size, contains a mineral resource estimate, a mining license and remains 85% unexplored.
MARUDI GOLD PROJECT HIGHLIGHTSStrategic partner Gold Mountains Asset Management Limited, a wholly-owned subsidiary of Zijin Mining Group, owns a 24.4% equity position in the company through its two funds, Zijin Global Fund and Zijin Midas Exploration Fund LLC. 43-101 COMPLIANT RESOURCE ESTIMATE REPORT prepared G. Mosher P.Geo contained an Indicated 259,100 gold ounces within 4,428,000 tonnes grading 1.8 g/t, and contained an Inferred 86,200 gold ounces within 1,653,000 tonnes grading 1.6 g/t 42,000 METRES OF DIAMOND DRILLING (141 holes) in historic exploration since 1985 by prior operators EXCELLENT EXPLORATION UPSIDE – Near-term exploration planned to expand the current mineral resource estimate and discover additional ounces from previously and newly identified, highly-prospective mineralized targets in the property MINING LICENSE in Good Standing 100% OPTION TO PURCHASE THE PROJECT has been acquired by the company EXPERIENCED MANAGEMENT TEAM with over 14 years business experience in Guyana and a combined 120 years of mining and resource exploration experience |
Global Mineral Resource Services of Vancouver reported a NI 43-101 compliant mineral resource on behalf of Guyana Goldstrike Inc. See news release dated January 23, 2018
Share Structure ( April 15, 2019) | |
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Issued and Outstanding (Basic) | 58,452,037 |
Options (@25 cents) | 5,240,000 |
Warrants (@30 cents) (@35 cents) (@40 cents) | 5,192,500 13,900,000 560,668 |
Total Warrants | 24,115,520 |
Issued and Outstanding (Fully Diluted) | 87,807,557 |
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