Wall Street Signals: Guyana Goldstrike Inc.(CVE: GYA) 13.5k-Acre Land Package Surrounded By 25 Multi-Million Oz Deposits

Guyana Goldstrike Inc.(CVE: GYA) 13.5k-Acre Land Package Surrounded By 25 Multi-Million Oz Deposits


Guyana Goldstrike (CVE: GYA) - A New Deposit In The Guiana Shield Is Gaining Validation From The Market

Initiating Coverage With A Buy Rating And A C$ 0.45 Per Share Target Price

Guyana Goldstrike is a Vancouver based mining organization with their leader venture in cutting-edge investigation arrange in Guyana, South America. The undertaking is 13,500 sections of land in estimate, with a mineral asset evaluate and allowed mining permit, and stays 95% unexplored. Our Price Target of C$ 0.45per offer for GYA depends on the undertaking esteem per ounce of M&I assets of practically identical organizations.

We are starting scope on Guyana Goldstrike Gold with a BUY suggestion also, C$ 0.45 for each offer target cost.

Guyana Goldstrike Is Advancing Its Flagship Marudi Project In Guyana

Guyana Goldstrike is centered around propelling its Marudi venture situated in the Guiana Shield in Guyana,South America. The Guiana Shield is a mineralized topographical belt that stretches from Venezuela in the West to Northern Brazil in the East. It is more than 415,000 square kilometers, underlies Venezuela, Guyana, Suriname and French Guiana, and hosts stores more than 110 Moz of gold. The Marudi Project property is vast; just a small amount of the property has been investigated by mining organizations. The evaluations of 1.8 g/t are in accordance with the other gold stores in the Guiana Shield. Merian Mine in Suriname is the latest store in the Guiana Shield, brought into generation in late 2016 by Newmont. The Merian Mine has a hold review of 1.23 g/t and Rosebel Mine has a hold review of 1.00 g/t.

Two Zones Discovered - Exploration Could Lead To More Mineralized Discoveries

The mineral asset appraises on Marudi has just been finished for the Mazoa Hill Zone. Two mineralized zones have been found so far - the Mazoa Hill Zone and the Marudi North. Both zones are available to mineralization in numerous ways and at profundity, and along these lines positive to promote investigation and improvement. The likelihood for future disclosures is critical, given that exclusive 5% of the aggregate land bundle has been investigated to date. The present investigation design includes 10,000 m of jewel boring, 12,000 m of trenching, definite shake, soil and center inspecting together with an airborne attractive overview of the whole property region.

A Vote Of Confidence From Zijin Mining

Guyana Goldstrike has a strong investor base, with their single largest shareholder, Zijin Mining Group, holding 24.4% of total shares outstanding and 12.8 MM common share purchase warrants. Zijin Mining’s position signals their confidence in Guyana Goldstrike’s project and management team.

Source: Guyana-Goldstrike-GYA-CR-Report.pdf