Golden Shield Resources (CSE:GSRI) Inc announced that it has uncovered three new gold showings at its Marudi Mountain property in Guyana.
Assay results from the first five trenches of newly-identified targets on the gold project showed elevated gold values in all trenches at the three new prospects, the company said.
Grab samples were taken from the Throne, Kimberley and Success Creek priority targets.
READ: Golden Shield intersects multiple intervals in initial diamond drill holes at Toucan Creek prospect
The company said that it identified broad zones of prospective host rocks on all three targets.
Golden Shield is planning further trenching and drilling on the three priority targets, as well as additional prospects, it told shareholders.
"The identification of additional and previously unrecognized mineralised QMC units in three target areas is extremely encouraging and the result of a pragmatic, results-oriented exploration approach,” Colin Porter, Golden Shield’s vice president of exploration said in a statement.
Porter added: “We look forward to advancing these target areas and to commence further trenching on additional targets across the property.”
Vancouver-based Golden Shield owns three high grade gold projects in Guyana: Marudi Mountain, Arakaka and Fish Creek. Drilling has started at Marudi Mountain with the completion of an initial drill program comprising 2,364 metres of diamond drilling in 13 drill holes.
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