GOLD EXPLORATION IN GUYANA
Guyana Frontier Mining Corp. ("Guyana Frontier") is a public mineral exploration company listed on the TSX Venture Exchange (TSX-V: GYG), and is focused on the exploration, discovery and development of precious metals deposits located within the South American country of Guyana. Guyana Frontier (formerly Shoreham Resources Ltd.) began acquiring interests in Guyanese gold exploration properties in 2007, and now holds various rights to obtain working interests in approximately 322,150 acres (130,370 hectares) of prospective lands. Guyana Frontier's main asset is the Marudi Mountain Project, which was the subject of extensive exploration by previous explorers, but has not been the subject of a diamond drilling program since 2004. Guyana Frontier's goal is to develop a significant gold resource at the Marudi Mountain Project, and to explore its other projects using joint venture funding.
The Republic of Guyana is a democratic, English-speaking country located along the coastline of northeast South America. Guyana is a pro-mining country with established mining laws managed by the Guyana Geology and Mines Commission ("GGMC"). Other mining companies active in the country include IAMGOLD Corporation, Guyana Goldfields Inc., Sandspring Resources Ltd., GMV Minerals Ltd., Riva Gold Corporation, Stronghold Metals Inc., Takara Resources Inc., and First Bauxite Corporation.
Guyana Frontier continues to hold interests in other silver, base metals and uranium exploration properties located in the Red Lake Mining Division of Ontario, Canada.
