Golden Shield Resources Inc. reports that it has terminated negotiations in respect of the potential acquisition of Tucano Gold Inc. Golden Shield will focus its efforts on advancing its flagship property, the 5,457-hectare Marudi Mountain gold project located in the Rupununi District of southwestern Guyana . The Marudi property covers a high-grade [...]
Golden Shield Resources Executive Chairman Leo Hathaway joined Steve Darling from Proactive to announce a strategic move for the company. Golden Shield Resources has entered into a non-binding letter of intent with Tucano Gold to acquire all issued and outstanding securities of Tucano Gold in exchange for securities in Golden Shield Resources. This [...]
Golden Shield Resources Inc. is pleased to announce that it has entered into a non-binding letter of intent dated July 22, 2024 with Tucano Gold Inc. pursuant to which the Company will acquire of all the issued and outstanding securities of Tucano Gold in exchange for securities in the Company . Golden Shield's Executive Chairman, Leo Hathaway [...]
Key Highlights: Diamond drilling at Mazoa Hill confirms high-grade gold: 4.16 g/t gold over 23m, including 7.01 g/t gold over 11m. Diamond drilling at Pancake Creek hits 25m grading 3.01 g/t gold from surface. Diamond drilling of newly discovered shear zone at Pancake Creek returns numerous anomalous intercepts. [...]
Key Highlights: Pancake Creek - Golden Shield intersects 90m shear zone in the second of three diamond drillholes at Pancake Creek. Mazoa Hill - Golden Shield intersects 15 m at 1.40 g/t Au from 14.5 m depth and 16 m at 1.01 g/t Au Incl. 8 m at 1.23 g/t Au from 71 m depth in initial drill results from the first 100 m of hole MH-24-40. Golden Shield [...]
Key Highlights: 1.45 g/t Au over 20 m at Pancake Creek is the best intersection drilled by Golden Shield's RC drilling campaign to date. Diamond-drilling at Pancake Creek has been initiated, initial hole completed, second hole underway. Initial hole at Mazoa Hill abandoned at 417 metres due to excessive deviation, redrill hole targeting depth [...]
Key Highlights Golden Shield has commenced a fully funded diamond drill program at the Marudi Mountain Property. The first hole of this diamond drill program, currently at 270 metres, will focus on testing the depth of high-grade gold mineralization at Mazoa Hill to guide resource estimation and testing new high-potential exploration drill targets [...]
Key Highlights Golden Shield is set to commence a fully funded diamond drill program at the Marudi Mountain Property in mid-January 2024. This diamond drill program will focus on testing the depth of high-grade gold mineralization at Mazoa Hill to guide resource estimation and testing new high-potential exploration drill targets. The diamond drill [...]
Golden Shield Resources Inc. is excited to announce the launch of its new investor video series. This innovative series aims to deepen shareholder engagement and provide insightful updates in an easily digestible and shareable format. The launch includes the release of the first two videos, which spotlight the unique aspects and potential of Golden [...]
Key Highlights Golden Shield is set to commence a fully-funded diamond drill program at the Marudi Mountain Property in early January 2024. This program will focus on exploration to allow the Company to prepare a current mineral resource estimate at Mazoa Hill and testing new high-potential exploration targets. The diamond drilling program will [...]
Golden Shield Resources Inc. is delighted to announce initial results from the ongoing reverse circulation drill campaign at the Company's flagship Marudi Mountain gold project located in southwestern Guyana . Assays from the first 39 drillholes are reported herein. The Company is pleased to also provide an update on the next stages of the RC drill [...]
Golden Shield Resources Inc. is pleased to report on progress at its 100% owned flagship, 5,457-hectare, Marudi Mountain gold project located in southwestern Guyana . The Company is pleased to announce that Reverse Circulation drilling has now commenced at Marudi North, and that 37 holes, colared on a pre-planned grid, have been completed to date [...]