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Guyana Goldfields Inc.

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Summary

Project:

Aurora

Deposit:Mad Kiss
Location:Guyana
Commodities:Gold
Date:5/1/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:1-5-2019: Guyana Goldfields Inc. announces an Exploration/Drilling Update report for its Mad Kiss deposit at the Aurora project. Drilling results incl. 301.4m @ 6.11g/t Au from 14.1m. TORONTO, May 1, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Com
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Ron Stewart (Internal)
ABSTRACT:TORONTO, May 1, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") is pleased to announce the results of hole MKD 187 drilled into the central mineralized zone at the Mad Kiss satellite deposit at the Aurora Gold Mine ("Aurora"), located in Guyana, South America. The purpose of the hole was to confirm the distribution and continuity of gold grades within the dip plane of the mineralized quartz-feldspar porphyry. The hole was drilled at an inclination of -73 degrees along an azimuth of 316 degrees and was terminated at a depth of 345.0 metres ("m"). The hole returned an average of 6.11 g/t gold over a core interval of 301.4m, starting from 14.1m down hole. The intercept included an Upper Porphyry Zone from 14.1m to 134.2m grading 6.40 g/t and a Lower Porphyry Zone from 188.0m to 315.5m grading 7.67 g/t separated by a Mixed Zone of both porphyry and metasediments from 134.2m to 188.0m grading 1.77 g/t. Both the Upper and Lower Zones were comprised of shorter, high-grade subintervals of extensional veins, stockworks and breccias displaying intense silica-sericite-pyrite alteration. A complete summary of the assay results from the hole is tabulated below followed by a photo illustrating the alteration and veining from a portion of the hole.

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