Golden Shield Resources (CSE:GSRI, OTCQB:GSRFF) Inc has announced assay results from the remaining three of the six holes drilled at Mazoa Hill at its 100% owned flagship Marudi Mountain gold project in Guyana, which included a 25-meter (m) intersection grading 3.5 grams per tonne (g/t) gold.
The gold exploration company said all three diamond drill holes intersected gold mineralization, further extending the Mazoa Hill deposit.
“Our three drilling campaigns this year at Mazoa Hill have all been rewarded with high grade and width intersections in the quartz metachert (QMC), the host lithology at Mazoa Hill,” CEO Hilbert Shields said in a statement.
READ: Golden Shield Resources says drill results extend mineralization zone at Mazoa Hill deposit
“The company has both extended the Mazoa gold mineralization and successfully tracked the QMC down plunge and used its increased understanding of the lithological and structural controls at Mazoa to map, sample and exploratory drill, two ‘Mazoa Type’ targets within an almost 2 kilometre prospective exploration corridor,” Shields added.
Golden Shield noted the six drill holes form part of its 3,000m Phase III drill program designed primarily to test the southern and depth extension of the gold mineralization at Mazoa Hill.
It added that the Mazoa Hill deposit remains open at depth and along strike to the southeast.
Golden Shield Resources (CSE:GSRI, OTCQB:GSRFF) is a gold exploration company focused on three highly prospective 100%-owned exploration projects in Guyana, South America: Marudi Mountain, Arakaka, and Fish Creek.
Contact Sean at sean@proactiveinvestors.com