Guyana Goldfields Inc. Appoints Ms. Lisa Zangari as Chief Talent Officer

TORONTO, Sept. 4, 2018 - Guyana Goldfields Inc. (TSX: GUY) (the "Company") is pleased to report the appointment of Ms. Lisa Zangari as the Company's new Chief Talent Officer effective as of September 10, 2018.

Ms. Zangari is a seasoned senior human resources executive with a long mining history that illustrates strong strategic management skills, a solid background in human resources and a 20+ year career focused on delivering high levels of employee engagement, performance and results.

Ms. Zangari has demonstrated a proven ability to build highly-competent, high-performing teams. Until recently, Lisa was founder and chief consultant to Epic Engagement, an executive advisory services firm. From 2014 – 2016, Mr. Zangari was the Chief Human Resources Officer for OpenText Corporation responsible for global people strategy and organizational development. Prior to this, Lisa was Senior Vice President, Human resources for IAMGold Corp. from 2009 – 2014 where she led the organizational design and talent planning to evolve the company from a centralized to regional model and to ensure critical roles had high-performing talent. From 2005 – 2009, Mr. Zangari was the Senior Vice President, Human resources for Kinross Gold Corp. and overlooked the global HR strategy and organizational development. Prior to this, Ms. Zangari held various human resources roles at Placer Dome Inc. over an 11-year duration. Ms. Zangari holds a Canadian Human Resources Executive designation (CHRE).

Ms. Zangari states, "I am thrilled to return to my mining roots and look forward to joining Scott and team as we take Guyana Goldfields to the next level of its success!"

About Guyana Goldfields Inc.
Guyana Goldfields Inc. is a Canadian based mid-tier gold producer primarily focused on the exploration, development and operation of gold deposits in Guyana, South America.

Forwarding-Looking Information

This news release contains "forward-looking information" which may include, but is not limited to, statements with respect to the estimation of mineral resources. Often, but not always, forward-looking statements can be identified by the use of words and phrases such as "plans," "expects," "is expected," "budget," "scheduled," "estimates," "forecasts," "intends," "anticipates," or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may," "could," "would," "might" or "will" be taken, occur or be achieved. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are based on various assumptions.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the receipt of applicable regulatory approvals, the timing of the advance of the funds pursuant to the project loan facility to fund the development and construction of the Aurora Gold Project (the "Facility"), fulfilling all conditions precedent to the advance of funds pursuant to the Facility, general business, economic, competitive, political and social uncertainties; the actual results of exploration activities; changes in project parameters as plans continue to be refined; accidents, labour disputes and other risks of the mining industry; political instability; delays in obtaining governmental approvals or financing or in the completion of development or construction activities, as well as those factors discussed in the section entitled "Risk Factors" in GGI's annual information form. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.

SOURCE Guyana Goldfields Inc.