Golden Shield Resources begins drilling at Marudi Mountain project as grab samples point to priority targets
Vancouver
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August 30, 2023 01:21 PM Eastern Daylight Time
Golden Shield Resources executive chairman Leo Hathaway joined Steve Darling from Proactive to share significant developments that the company is gearing up to launch a drilling program at the Marudi Mountain gold project located in southwestern Guyana.
This decision follows the release of compelling results from grab samples, indicating the presence of promising mineralization.
Hathaway highlighted the outcome of assay results from grab samples taken during grid-traverse mapping near the historically drilled Marudi North prospect. These grab samples displayed assays greater than 1.0 gram per tonne (g/t gold), ranging between 1.2 g/t and an impressive 37.6 g/t, with an average of 5.8 g/t gold. Notably, 187 grab samples were collected across an area measuring 300 meters by 110 meters.
Given the high-grade nature of these assays, the Marudi North Prospect has been designated as Priority #1 for reverse circulation (RC) drilling, which is scheduled to commence in early September.
Furthermore, Hathaway outlined the company's comprehensive plans for surface work, including trenching, grab sampling, and mapping, to be executed in the coming months. These efforts are aimed at enhancing the understanding of the project's geology and mineralization potential.
Following the receipt of results from the RC drilling program, Golden Shield Resources is poised to initiate diamond drill testing in the most promising RC anomalous areas.
These developments underscore the company's proactive and systematic approach to exploration and resource development.
The decision to prioritize drilling in high-grade areas is indicative of Golden Shield Resources' commitment to unlocking the full potential of the Marudi Mountain gold project. By leveraging a combination of sampling, mapping, and drilling techniques, the company positions itself to enhance its understanding of the project's mineralization and make informed decisions about its future development.
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