Golden Shield Resources Inc. (GSRFF)
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Golden Shield to raise up to C$975,000 for Guyana project development
Golden Shield Resources (CSE:GSRI, OTCQB:GSRFF) said on Thursday it plans to raise up to C$975,000 through a non-brokered private placement for exploration at its Guyana gold property. The offering will consist of up to 6.5 million common shares priced at C$0.15 each, the company said in a statement.
Golden Shield to focus on Marudi Mountain project as it ends Tucano deal
Golden Shield Resources (CSE:GSRI, OTCQB:GSRFF) announced the termination of negotiations regarding the potential acquisition of Tucano Gold Inc. The company will now redirect its efforts toward advancing its flagship Marudi Mountain gold project in southwestern Guyana.
Golden Shield executive chairman discusses Tucano Gold acquisition - ICYMI
Golden Shield Resources (CSE:GSRI, OTCQB:GSRFF) has expanded its project portfolio with the acquisition of Tucano Gold, including its Mina Tucano gold mining operation in Brazil. In conversation with Proactive, executive chairman Leo Hathaway highlighted Tucano's high-grade gold deposit and potential for both open-pit and underground mining.
Golden Shield Resources Inc. Dividends
Golden Shield Resources Inc. Earnings
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Golden Shield Resources Inc. Profile
| Gold Industry | Basic Materials Sector | Mr. Peter Leofric Hathaway B.Sc., M.Sc., P.Geo. CEO | OTC PINK Exchange | CA38120R1055 ISIN |
| CA Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Golden Shield Resources Inc. operates within the mining sector, focusing primarily on the acquisition, exploration, and development of mineral properties in Guyana. With its sights set on gold deposits, the company highlights its commitment to mining by dedicating resources to the exploration of potentially valuable mineral areas. Its main operational base is located in Vancouver, Canada, serving as the headquarters from where it directs its exploration activities. Golden Shield Resources Inc.'s strategic interest in Guyana, particularly in the southwestern region, underscores the company's aim to capture value from the country's rich mineral resources.
Products and Services
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Acquisition of Mineral Properties
Golden Shield Resources Inc. specializes in identifying and acquiring promising mineral properties. This involves thorough research and evaluation to ensure the locations have substantial untapped potential, primarily for gold. The aim is to secure areas with the highest prospects for successful exploration and eventual development.
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Exploration Services
The company conducts comprehensive exploration activities to ascertain the mineral potential of its acquired properties. Utilizing advanced technologies and methodologies, Golden Shield Resources Inc. aims to accurately determine the presence of gold deposits and quantify their extent. This critical phase ensures that resources are effectively allocated to areas with the highest return potential.
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Development of Mineral Properties
Upon successful exploration and confirmation of viable mineral deposits, Golden Shield Resources Inc. undertakes the development of these properties. This includes setting up the necessary infrastructure, obtaining permits, and mobilizing resources for mining operations. The development phase is crucial for transitioning from exploration to actual mineral extraction.
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Marudi Mountain Project
Golden Shield Resources Inc.'s flagship project, the Marudi Mountain Project, encompasses an area of 5,457 hectares in southwestern Guyana. Boasting 100% ownership, this project is at the forefront of the company's exploration activities. It illustrates Golden Shield Resources Inc.'s commitment to exploring and potentially developing gold deposits with the aim of adding significant value to the company’s portfolio and stakeholder interests.
Contact Information
