CORPORATE BUSINESS DEVELOPMENT Guyana Gold Corp. is a junior mineral exploration company that specializes in identifying, acquiring and developing precious and base metal properties as well as assessing whether certain claims possess exploitable commercial and precious mineral reserves. The Companys objective is to develop a balanced global portfolio of early-to-advanced stage projects. Guyana is currently focused on gold projects in the Caribbean. The Companys key mineral project is located in the region of Port Kaituma, in which the Company holds a 50% interest as part of its joint venture with Octagon Mining Corp. The main interests along the Guyana Shield are gold, diamond and bauxite and, recently, semi-precious stones.
Precious minerals are a general term used for gold, silver and platinum group of minerals. Base minerals are any of the more common and chemically active minerals such as copper, lead and zinc. These minerals are often the principle minerals in the creation of steal alloys and high tech equipment. Commercial minerals refer to minerals that are used for construction, which include sulphur, marble and decorative granite.
Guyana Gold Corp. adheres to guidelines for effective corporate governance in compliance with regulatory standards. The Board of Directors has adopted stringent procedures for operating principles, comprehensive reporting and auditing, as well as enforcing of regulations and ethics throughout our corporate entity.
People that work on site are mostly Brazilian and Guyanese. There is 10 people working daily. Additional 16 people have been hired to start the second shift by the end of April.
The equipment on site is worth 500K and does all the processing/work.
The mine is producing about 100 ounces a month.
Guyana Gold Corp. is committed to fulfilling its obligations as a responsible corporate entity looking out for best interests of its employees, shareholders, and communities in / for which we conduct our business operations.
Managements ongoing strategy for improved stockholder value includes maintaining a focus on our core business of mineral exploration. This strategy will allows us to attract recognized industry partners. Our operating strategy includes the pursuit of multiple growth opportunities and diversified exploration targets within our core area of operations.