Monday, June 23, 2008

Guyana Gold Corp. In the Heart of a Gold-Mining Boom in Guyana

The country is in the heart of a prolific gold region called the Guiana Shield - also encompassing parts of Venezuela, Suriname and French Guiana. Geologically, this is believed to be the broken-off extension of the West African Shield hosting the Birimian gold belt in Ghana where at least 100 million ounces of gold has been identified to date. Guyana Gold Corp has a joint venture with Octagon Mining Corp. which is comprised of 6 blocks, with each block consisting of 1,200 acres and 44 claims, for a total of 7,200 acres and 264 claims. These claims are located in the Port Kaituma Region in Guyana. Guyana Gold Corp. plans to have production on its key property increased over the next 60 days, and has announced it has made application for additional land claims to further enhance the company's exploration programs.



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