| Guyana Goldfields Inc. Comments on Venezuela Border Dispute | |
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TORONTO, Oct. 22, 2015 /CNW/ - Guyana Goldfields Inc. (GUY.TO) (the "Company" or "GGI") would like to comment on recent developments regarding the Venezuela-Guyana border dispute as it recently received an unfounded notification of a possible legal claim from Venezuela. The Venezuela-Guyana border dispute was resolved and agreed upon by all parties under the 1899 Arbitration Agreement and any claims made outside of such agreement violate international law. The matter is currently before the United Nations, however Venezuela's border claim is widely viewed by the international community to be without merit. Guyana Goldfields is an emerging gold producer with the onset of its Aurora Gold Mine and has been exploring and developing in Guyana since 1996. About Guyana Goldfields Inc. Guyana Goldfields Inc. is a Canadian based company, focused on the exploration and development of gold deposits in Guyana, South America. GGI is an emerging gold producer with the onset of its 100% owned Aurora Gold Mine which achieved first production in mid-2015. The Aurora Gold Mine has a total gold resource of 6.54 million ounces in the measured and indicated categories (62.83 million tonnes at 3.24 g/t Au) as well as an additional 1.82 million ounces in the inferred category (16.93 million tonnes at 3.34 g/t Au). For further details, please refer to the press release dated December 9, 2013 and the report entitled "NI 43-101 Technical Report, Updated Feasibility Study – Aurora Gold Project" dated January 29, 2013 available on SEDAR at www.sedar.com.
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VanEck Vectors Global Alternative Energy ETF
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DEVELOPMENT STAGE |
CODE : GUY.TO |
ISIN : CA4035301080 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Guyana Goldfields is a gold exploration company based in Canada. Guyana Goldfields holds various exploration projects in Canada and in Guyana. Its main asset in development is AURORA in Guyana and its main exploration properties are LANGIS, KUGLUKTUK (FORMERLY COPPERMINE), ABITIBI BELT and COPPERMINE RIVER (CORONATION GULF) in Canada and PETER'S MINE, AREMU, ARANKA, POMEROON HEAD / FISH CREEK, OKO and SULPHUR ROSE in Guyana. Guyana Goldfields is listed in Canada, in Germany and in United States of America. Its market capitalisation is 87.3 millions as of today (US$ 66.4 millions, € 56.1 millions). Its stock quote reached its highest recent level on March 18, 2011 at 9.99, and its lowest recent point on March 20, 2020 at 0.25. Guyana Goldfields has 47 442 200 shares outstanding. |