BNN Commodities Report - Digging for Gold in Guyana    

Guyana Goldfields Inc. is a Canadian based mineral exploration Company primarily focused on the exploration and development of gold deposits in the Guiana Shield of South America. The Guiana Shield is in the northern part of the Amazon Craton and covers parts of Guyana, Venezuela, Suriname, French Guyana and northern Brazil. The Company holds advanced exploration projects in various stages of development and has been operating in Guyana continuously since 1996.

Stock Quote:
Last:
$ Change:
% Change:

Investment Hightlights

  • Summary of PA Key Findings by AMEC - August 2009
  • Planned Production: 4+ Million oz of Au
  • Project Economics @ US $1,000 Gold: 
    • Robust IRR: 30%
    • NPV @ 7%: US $777 Million
    • Cash Flow: US $1,832 Million
    • Payback: 3.6 years
  • CDN $67 M Cash - August 2010 
  • Significant Blue Sky Potential with ~426,000 acre land position
  • Involved with the IFC of the World Bank Group
  • Experienced Management

Future Highlights

  • Environmental and Social Impact Assessment - Completed
  • Permit to build & operate mine - Q3 2010
  • Hydroelectric Feasibility Study - Q3 2010 
  • Definitive Feasibility Study - Q4 2010

 August Presentation                 

 Fact Sheet

 Latest News

BTV

Resource Table**


Indicated* Inferred*
Tonnage (MT) 24.2 12.9
Grade (g/T)   4.1   3.3
Gold (Moz)   3.2   1.4
*Cut-off grades of 0.85 g/Tonne Au for open pit and 2.0 g/Tonne Au for U/G

** AMEC PA - August 2009