Gold News

Aranka and Guyana Goldfields begin drilling program

Aranka Gold and Guyana Goldfields have begun drilling at the Aranka group of properties in the South American Guiana Shield region.

The properties are made up of exploration rights to an area of 276,000 acres "which includes and encompasses highly favourable geological structures amenable to gold mineralization as well as many areas of historical gold workings".

Having conducted airborne geophysical surveys and geological mapping and sampling, drilling is ongoing in areas that have returned promising high grade mineral sampling.

The companies expect the 2,000 meter drill program to be completed in between six and seven weeks.

Guyana Goldfields is based in Canada and focused mainly on the exploration of the Guiana Shield, which lies in parts of Guyana, Venezuela, Suriname, French Guyana and Brazil.

It describes the Shield as "one of the last great unexplored geological provinces in the world".


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