Holabird Western Americana Collections' massive 3,600-lot June 22-26 auction in Reno, Nevada grosses just under $500,000

Five-ounce Chinese ‘Beloved Unicorn’ gold coin, one of only 99 minted and in proof condition ($32,535)

The Con-Virginia, Dayton Consolidated collection of more than 250 ore specimens and samples, all labeled and from Nevada ($15,625).

Rare onion skin Green Mountain Mining (Ontonagon Cty., Mich.) stock certificate, issued in 1862 for 25 shares ($2,250).

Framed print of the fabled Pacific Coast Borax 20-mule team, pulling wagons through Death Valley, Calif. ($2,928).

Circa 1900 World War I military campaign hat, Western style, with acorn ties and an upturned wreath with a “3” at the center ($594).

A Chinese ‘Beloved Unicorn’ gold coin sold for $32,535 to take top lot honors. The runner-up was an ore specimen collection from Nevada’s mining past ($15,625).

We had two superb collections — the Gottschalk Aurora, Nevada collection, many with visible gold, and the Con-Virginia, Dayton Consolidated ore collection.”

— Fred Holabird

RENO, NEV., UNITED STATES, July 16, 2018 /EINPresswire.com/ — RENO, Nev. – Who says there’s no such things as unicorns? A five-ounce Chinese ‘Beloved Unicorn’ gold coin sold for $32,535 to take top lot honors at Holabird Western Americana Collections’ five-day June Treasures from Pacific Shores auction held June 22-26 in Reno. The runner-up lot was an astounding ore specimen collection from Nevada’s mining past ($15,625).

The auction was loaded with nearly 3,600 lots covering many categories, including numismatics, mining, minerals, general Americana, railroad, tokens, antique bottles, gaming, firearms and weaponry, Wells Fargo and Express collectibles and more. The event, which grossed $489,500, was held online and in Holabird’s gallery, located at 3555 Airway Drive (Suite 308) in Reno.

The ‘Beloved Unicorn’ gold coin, which is legal tender in the People’s Republic of China, was one of only 99 minted and was graded in proof condition. It came housed in a lovely presentation case and had a .999 gold composition. The mirror back obverse featured a design of two unicorns (a standing adult and resting offspring) with the word “UNICORN” in print and a currency mark.

The June 23rd session contained 158 lots of minerals and ore specimens and 531 lots of mining collectibles, to include lamps, candlesticks and hard goods. “We had two superb collections,” said Fred Holabird of Holabird Western Americana Collections, “the Gottschalk Aurora, Nevada collection, many with visible gold, and the Con-Virginia, Dayton Consolidated ore collection.”

The latter collection, of more than 250 ore specimens and samples, all labeled, proved to be the more attractive of the two to bidders. “We decided to keep the Con-Virginia collection together, since it represented a complete group of minerals and ore from producing Western mines in the 1920s and ‘30s and before,” Mr. Holabird said. “But both collections were unique and valuable.”

The highlight of the Gottschalk Collection was a high-grade gold specimen from the Florence Mine at Goldfield, Nev. The cut face specimen, 3 inches by 2 inches, with original label, brought $1,750. Also from the Gottschalk Collection, a pair of gold-silver specimens out of the Cortez Mine in Aurora, Nev. – considered one of the original rich mines – sold as one lot for $1,062.

Following are additional highlights from the auction. For those unable to attend in person, online bidding was provided by iCollector.com, Invaluable.com, eBay Live and Auctionzip.com. About 3,700 people registered to bid across all the platforms. They placed 3,155 live bids and 1,843 absentee bids. Phone bids were also accepted. All prices quoted include the buyer’s premium.

A Chinese silver Liang (Tael) coin, minted in 1908 in the Hunan Province and issued by the Ta Ch’ing Government Bank, with the obverse showing three lines of two characters each and the reverse two lines of three characters each, garnered $8,438. Also, a W. Conklin IOU token good for 12 ½ cents in trade, issued in Sabrine Pass, Texas and in good condition, commanded $1,875.

A rare onion skin Green Mountain Mining (Ontonagon County, Mich.) stock certificate issued in 1862 in the amount of 25 shares to a Mr. Oliver Severance, signed by the company president and secretary, realized $2,250; while a Peoples Ice Company (Boca, Calif.) stock certificate for 45 shares, issued to “Thompson” in 1875, also signed by the president and secretary, made $438.

A framed print of the fabled Pacific Coast Borax 20-mule team, pulling wagons through Death Valley, Calif., measuring 16 inches by 42 inches (in the frame) breezed to $2,928. Also, a circa 1900 World War I-era military campaign hat, Western style, with acorn ties and an upturned wreath with the number “3” at the center, issued to staff non-commissioned officers, hit $594.

Great deals were to be had for bidders savvy enough to score them. A black tin box filled with Bassick Gold Mine (Querida, Colo.) company records from 1899-1901 – thousands of checks and invoices – went for just $1,000, and a beautifully refinished early 1900s Mason player piano, a fixtured in early honky-tonk bars and saloons, with stool and 300 music rolls, fetched $938.

Some lots sold for a ridiculously low $12.50 each, believe it or not. They included the following:

• 1950s early Knott’s Berry Farm (Disneyland) ephemera, to include a color booklet with mailing envelope, chicken dinner restaurant menu and Disneyland Hotel unused postcard.
• Set of eight 20th century tobacco company stock certificates, including ones for Liggett & Myers, Burley Tobacco Co., Pumpelly-Howe Tobacco Co., and Continental Tobacco Co.
• Collection of over 40 Wells Fargo and American Express envelopes, most addressed to Stupp Floral Company of St. Joseph, Mo., and postmarked Oklahoma, Texas, Kansas.

Holabird Western Americana Collections’ next big event will be an Americana auction sometime in August (dates and times to be announced), followed by an auction that will coincide with the National Token Collectors Association annual token auction on Friday, Aug. 31, in Sandy, Utah.

Anyone owning a collection that might fit into an upcoming Holabird Western Americana Collections auction is encouraged to get in touch. The firm travels extensively throughout the U.S., to see and pick up collections. Last year it visited Boston, Florida, Seattle and New York.

Holabird Western Americana Collections is always seeking bottle, advertising, Americana and coin consignments for future auctions. To consign a single piece or a collection, you may call Fred Holabird at 775-851-1859 or 844-492-2766; or, e-mail him at fredholabird@gmail.com. To learn more about Holabird Western Americana Collections, LLC, please visit www.fhwac.com.

# # # #

Fred Holabird
Holabird Western Americana, LLC
(775) 851-1859
email us here


Source: EIN Presswire

Laser Photonics Corporation Introduces Innovative Titan Express Mid-Size Laser Cutting Machine

Laser Photonics Logo

ORLANDO, FLORIDA, UNITED STATES, July 12, 2018 /EINPresswire.com/ — The innovative Titan Express, a mid-size laser cutting machine from Laser Photonics, combines a small footprint and high performance with the cut quality of a full-size industrial laser cutter. This laser cutting machine is powerful and reliable, integrating cutting edge motion engineering, CNC control, and fiber laser technologies in a size that will fit any facility and budget. It is equipped with a high-powered, energy-efficient fiber laser and an advanced direct drive motion control platform, making it the best machine for cutting highly reflective materials, including stainless steel, aluminum, brass, and copper.

The Titan Express has a lightweight design and the fastest cutting speed on the market. This system consumes less than 20% of the power required by conventional CO2 laser systems and has one-third of the operating costs of other laser machines. The Titan Express’s fully software-controlled geometry alignment eliminates the need for special installation requirements and requires no optical system alignment, laser service or laser replacement parts, making this system virtually maintenance-free.

The performance advantage of this laser cutting system is Direct Drive Motion System (DDMS) technology, a maintenance-free magnetic-based motion platform that is superior to any other mechanical motion system simply because it is an order of magnitude lower in resistance. All other competing technologies require larger, high power consumption motors to offset higher-resistant motion systems that need routine replacement of parts due to continuous friction- based wear and tear. Another significant technology advantage is the use of fully-sealed encoders that permanently eliminate conditions for laser placement errors and material jamming accidents associated with optical encoders that occasionally break or lose location accuracy due to accumulated debris obscuring the optical location functionality.
These laser cutting systems are equipped with native CNC G-Code Controls and can be operated by any trained machinist. They are geared toward companies involved in sheet metal fabrication and equipment manufacturing, as well as companies that produce construction equipment, aluminum vehicles, kitchenware, copper and brass gaskets, food processing equipment, and materials used in the aerospace and defense industries.

Laser Photonics is the industry leader in developing high-tech Fiber, UltraFast, UV, CO2 and Green laser systems, specializing in advanced and innovative processes and technologies. The company is a one-stop shop, supplying laser machines, automation, and software, as well as exceptional customer service. All systems are made in the USA, and warranties and financing programs are available. For more information about Laser Photonics’ Titan Express Series, visit www.laserphotonics.com or call (407) 804-1000.

Dianne Carlisle
Laser Photonics Corporation
407-804-1000
email us here


Source: EIN Presswire

Nexus Gold Corp Featured on CEO Clips on CBC’s Documentary Channel

Mines in Burkina Faso

Gold in quartz from Niangouela

Drill Cores from Nexus Gold

Nexus Gold Corp (OTCBB:NXXGF)

VANCOUVER, BC, CANADA, July 12, 2018 /EINPresswire.com/ — BTV’s CEO Clips, a series of short video profiles on innovative publicly traded companies across North America, is currently featuring junior gold explorer Nexus Gold Corp (TSX.V: NX, OTC: NXXGF) on CBC’s Documentary Channel throughout the day and evenings through July 15. View link: https://youtu.be/_GekN12EZ_I

Further online distribution through BTV’s CEO Clips include: BNN.ca, Thomson Reuters Insider Network Terminals, Yahoo Finance, TSX, Globe Investor, Stockwatch, Bloomberg, Stockhouse.com and BTV’s YouTube channel.

About CBC’s Documentary Channel and BTV

CBC’s Doc Channel is a digital television station devoted to showing the best documentaries from Canada and around the world.

BTV-Business Television and CEO Clips produce and house the largest library of company video features and campaigns for publicly traded companies for broadcast on TV and financial sites. Contact info@b-tv.com

About Nexus Gold Corp

Nexus Gold is a Vancouver-based gold exploration and development company operating primarily in Burkina Faso, West Africa. The company is currently concentrating its efforts on establishing a compliant resource at one or more of it’s three current projects. The 38-square km Bouboulou project comprises no less than five established gold zones contained within three separate 5-km long gold trends. The adjacent 250-square km Rakounga gold concession extends the Bouboulou gold trends and currently contains three drill tested zones of mineralization. The Niangouela gold concession is a 178-square km project featuring high-grade gold occurring in and around a primary quartz vein and associated shear zone approximately one km in length.

Nexus Gold Corp trades on the TSX Venture under the symbol NXS, and on the OTCBB under teh symbol NXXGF.

Please visit www.nexusgoldcorp.com for more information on the Company

Alex Klenman
Nexus Gold Corp
604-558-1919
email us here

Nexus Gold – July 2018


Source: EIN Presswire

AMX Mining Releases a New Study Regarding Lithium Markets and Price

The study forecasts a lithium hydroxide price of $12,000/t in 2021

CHONGQING, 400020, CHINA, July 12, 2018 /EINPresswire.com/ — AMX Mining (ISIN: CN9738820018), a Chinese company focusing on mineral exploration for lithium deposits with the mission to be a sustainable minerals exploration company providing shareholders with risk managed discovery, development and mining opportunities, today announced that the company has conducted extensive research and analysis based on both public and private materials, including industry studies, reports, forecasts and estimates, as well as a market assessment and distribution strategy.
This study, titled Lithium Market Prediction Report, included both primary and secondary research and focused on market analysis, supply and demand capacity and pricing trends, economic forecasting and modelling, and developed a framework for domestic and international distribution of lithium hydroxide and other lithium products.
Based on the Company’s research and analysis, rapidly growing lithium demand is forecasted. In 2016, global production of lithium hydroxide was only 39,000 tonnes, but Benchmark projects lithium hydroxide demand to exceed 150,000 tonnes by 2025. Lubricants and grease were the primary drivers of lithium hydroxide consumption in 2016, but future growth will be dominated by the rapid adoption of electric vehicles powered by new generations of lithium batteries. New battery formulations for electric vehicles, such as NCA (nickel-cobalt-aluminum) cathode chemistries, rely heavily on lithium hydroxide rather than lithium carbonate. A significant portion of global lithium hydroxide production last year came from the United States.
In expectation of domestic and international sales, the PEA utilizes a dynamic lithium hydroxide pricing model as recommended by Benchmark. The study forecasts a lithium hydroxide price of $12,000/t in 2021. The price is expected to strengthen through 2025 to $16,500/t. Beyond 2027, Benchmark projects lithium hydroxide prices to decline to as low as $9,000/t by 2038 as new supply and demand mature. The price forecast used in the economic model represents FOB mine gate (ex-works) pricing.

About AMX Mining (ISIN: CN9738820018)

AMX Mining is a Chinese company focusing on mineral exploration for lithium deposits. AMX Mining’ mission is to be a sustainable minerals exploration company providing shareholders with risk managed discovery, development and mining opportunities. The firm is an emerging low-cost developer of lithium concentrates with its 100% owned project, a world class Lithium-brine project located in Beihuo Salt Lake. The asset is well positioned to benefit from the robust lithium market fundamentals on the back of emerging electric vehicle and energy storage growth given its proximity to infrastructure, advanced feasibility stage, advanced offtake agreements and a highly experienced management team.

Gin Zinquai
AMX Mining
02365324899
email us here


Source: EIN Presswire

AMX Mining Appoints Former Lithium Executive to Board of Directors

The new member has more than thirty years of diverse experience in the mining industry including a long tenure with various companies

CHONGQING, 400020, CHINA, July 12, 2018 /EINPresswire.com/ — AMX Mining (ISIN: CN9738820018), a Chinese company focusing on mineral exploration for lithium deposits with the mission to be a sustainable minerals exploration company providing shareholders with risk managed discovery, development and mining opportunities, today announced that Mr. Cai Fuyin, has been appointed to its board of directors effective immediately.
Mr. Fuyin has more than thirty years of diverse experience in the mining industry including a long tenure with various companies spanning the lithium, gold, copper, iron ore, and coal divisions. He worked previously in a top lithium corporation.
As leader this corporation, Mr. Fuyin presided over the force sales and mining employees. In addition to launching plans for a new lithium hydroxide plant and a new lithium chloride plant, he enhanced focus on downstream high-margin product lines and helped bolster research and development activities. He was also a champion of employee development and quality programs. Cai Fuyin also has experience in junior mining companies that have transitioned into mid-tier producers.
AMX Mining Chief Executive Officer, Mou Yang Guoqiang, commented on the new team member, “We are very excited to have Cai Fuyin join the board of directors of AMX Mining. Cai has a deep executive background in major project execution, large capital projects, mergers & acquisitions, and complex corporate management issues. That sort of relevant lithium experience is an important addition to our team. He has also led mine start-ups and rollouts of new technology with particular focus on costs, quality, and people. It has been our objective for some time to add more major project operations experience, major company lithium experience, and a legal background to our board. Cai will help us in all three areas.”

About AMX Mining (ISIN: CN9738820018)

AMX Mining is a Chinese company focusing on mineral exploration for lithium deposits. AMX Mining’ mission is to be a sustainable minerals exploration company providing shareholders with risk managed discovery, development and mining opportunities. The firm is an emerging low-cost developer of lithium concentrates with its 100% owned project, a world class Lithium-brine project located in Beihuo Salt Lake. The asset is well positioned to benefit from the robust lithium market fundamentals on the back of emerging electric vehicle and energy storage growth given its proximity to infrastructure, advanced feasibility stage, advanced offtake agreements and a highly experienced management team.

Gin Zinquai
AMX Mining
02365324899
email us here


Source: EIN Presswire

AMX Mining Completes Fourth Successful Lithium Brine at Beihuo Salt Lake

The pumping test was configured using an electric submersible pump and monitoring apparatus

CHONGQING, 400020, CHINA, July 12, 2018 /EINPresswire.com/ — AMX Mining (ISIN: CN9738820018), a Chinese company focusing on mineral exploration for lithium deposits with the mission to be a sustainable minerals exploration company providing shareholders with risk managed discovery, development and mining opportunities, today announced that it has completed a constant-rate pumping test at its newest exploration well, at the Beihuo Salt Lake Project. The test ran continuously for three days and included a collection of brine samples along with extensive hydrogeological data on the brine aquifer system. The drillers completed the well with casing and filter pack installing perforated casing and seals around two separate intervals. This type of well construction allows for isolation and separate testing of shallow and deeper zones of the aquifer system.
The well encountered numerous aquifers, including the interlayered volcanic ash and silt that are typical of lithium production. The well passed through travertine (hot springs deposits) and conglomerate (gravel) that had not previously been described, thus offering the potential for new brine hosting aquifers.
Monitoring during the test revealed that the extracted brine from reached near steady-state elevated fluid conductivity and fluid density. Based on previously observed correlations between conductivity and lithium content, this suggests the production of consistent lithium-bearing brine during the entire pumping test. Data collected during the pumping test will be used to enhance understanding of the hydrogeology of the project.
Mou Yang Guoqiang, AMX Mining CEO commented, “It is significant that this test more than doubled the thickness of known brine-saturated sediments in our resource when compared with the drilling in the maiden resource. This pumping test is an important milestone as it adds considerably to our knowledge for the resource model and the preliminary design of a production well field. We look forward to working through the data as we update the mineral resource and deliver the first results at the Beihuo Salt Lake Project.”

About AMX Mining (ISIN: CN9738820018)

AMX Mining is a Chinese company focusing on mineral exploration for lithium deposits. AMX Mining’ mission is to be a sustainable minerals exploration company providing shareholders with risk managed discovery, development and mining opportunities. The firm is an emerging low-cost developer of lithium concentrates with its 100% owned project, a world class Lithium-brine project located in Beihuo Salt Lake. The asset is well positioned to benefit from the robust lithium market fundamentals on the back of emerging electric vehicle and energy storage growth given its proximity to infrastructure, advanced feasibility stage, advanced offtake agreements and a highly experienced management team.

Gin Zinquai
AMX Mining
02365324899
email us here


Source: EIN Presswire

AMX Mining Completes Geophysical Survey

AMX Mining Completes Detailed Geophysical Survey of Beihuo Salt Lake Lithium Brine Prospects, Confirms Three Main Brine Zones

CHONGQING, 400020, CHINA, July 12, 2018 /EINPresswire.com/ — AMX Mining (ISIN: CN9738820018), a Chinese company focusing on mineral exploration for lithium deposits with the mission to be a sustainable minerals exploration company providing shareholders with risk managed discovery, development and mining opportunities, today announced the successful completion of detailed gravity and downhole gamma geophysical survey work in the of Beihuo Salt Lake Lithium Brine Prospects.
The detailed gravity survey and the downhole geophysical work on exploration and test hole, natural gamma, dual induction and fluid resistivity surveys, were analysed by industry leading professionals.
The detailed gravity survey refined the location and shape of the basin feature in the AMX Mining’s claim area. This basin was shown to be asymmetric, with a steeper boundary on the eastern side of the basin, interpreted to be a bounding fault.The downhole geophysics work completed confirmed two main brine-bearing zones, and these data will be used to design future pumping tests that will help to determine key hydrogeological properties of the brine-bearing horizons.
The new data are currently being analysed in order to develop better models for how lithium-bearing brines are distributed in the basin infill sediments and will further assist in refining previously identified drilling targets along the known mineralization intersected to date. The interpreted data will be invaluable in planning follow-up drill targeting for the upcoming drilling program.
Mou Yang Guoqiang, AMX Mining CEO, commented, “The historic ground gravity geophysical data that assisted in identification of the target area was based on wider spaced stations. This new tighter spaced gravity survey coupled with our recent drilling results has enhanced our understanding of the overall geology of the Clayton Valley Project and increased the area of interest for targeting potential basement mineralization.”

About AMX Mining (ISIN: CN9738820018)

AMX Mining is a Chinese company focusing on mineral exploration for lithium deposits. AMX Mining’ mission is to be a sustainable minerals exploration company providing shareholders with risk managed discovery, development and mining opportunities. The firm is an emerging low-cost developer of lithium concentrates with its 100% owned project, a world class Lithium-brine project located in Beihuo Salt Lake. The asset is well positioned to benefit from the robust lithium market fundamentals on the back of emerging electric vehicle and energy storage growth given its proximity to infrastructure, advanced feasibility stage, advanced offtake agreements and a highly experienced management team.

Gin Zinquai
AMX Mining
02365324899
email us here


Source: EIN Presswire

AMX Mining Provides Update on Lithium Process Testing

Reports 100% Li Extraction & LiCl Purity Greater Than 99.9%

CHONGQING, 400020, CHINA, July 12, 2018 /EINPresswire.com/ — AMX Mining (ISIN: CN9738820018), a Chinese company focusing on mineral exploration for lithium deposits with the mission to be a sustainable minerals exploration company providing shareholders with risk managed discovery, development and mining opportunities, today announced an update on results of its lithium extraction technology testing at research and development facility in Beihuo Salt Lake Project. As previously reported, AMX Mining supplied a bulk raw brine sample collected at the Beihuo Salt Lake Project for lithium extraction process testing.
The two primary objectives of the testing were;
1. To study the feasibility of utilizing proprietary membrane-based process for pre-treatment of brine to eliminate calcium (Ca) and magnesium (Mg) from the supplied raw brine feed solution; and,
2. To evaluate the feasibility of recovering lithium as LiCl from the pre-treated feed solution using the proprietary solvent extraction process with a target purity of 99.5%
The proprietary membrane-based process removed almost all of the alkali earth elements (about 93% of Ca and practically all of the Mg and Sr) from the raw feed solution. In addition to alkali earth elements, sulfate was eliminated from the stream while lithium concentrations were practically unchanged.
The target purity of 99.5% LiCl was achieved and exceeded. The preliminary results indicate the proprietary solvent extraction process succeeded in producing a LiCl solution with a purity greater than 99.9%. The Li concentration in the waste stream (raffinate) was below the detection limit — indicating practically 100% Li recovery.
Mou Yang Guoqiang, AMX Mining CEO commented “The draft report is extremely encouraging, achieving virtually 100% Li recovery and exceeding our target purity of final product is a significant development. These preliminary results suggest that the combined processes for extraction of Li can be applied successfully to a raw Beihuo Salt Lake Project brine provided from AMX Mining’s Project Site”.

About AMX Mining (ISIN: CN9738820018)

AMX Mining is a Chinese company focusing on mineral exploration for lithium deposits. AMX Mining’ mission is to be a sustainable minerals exploration company providing shareholders with risk managed discovery, development and mining opportunities. The firm is an emerging low-cost developer of lithium concentrates with its 100% owned project, a world class Lithium-brine project located in Beihuo Salt Lake. The asset is well positioned to benefit from the robust lithium market fundamentals on the back of emerging electric vehicle and energy storage growth given its proximity to infrastructure, advanced feasibility stage, advanced offtake agreements and a highly experienced management team.

Gin Zinquai
AMX Mining
02365324899
email us here


Source: EIN Presswire

State of the LNG industry – LNG Leadership Roundtable sponsored by Cripps Sears & Partners and Tellurian

Cripps Sears & Partners and Tellurian Investments have hosted the 4th edition of their LNG Leadership Roundtable

LONDON, UNITED KINGDOM, July 12, 2018 /EINPresswire.com/ — The event was an invitee only roundtable event attended by key senior figures in the LNG industry.

It is representative of the complete LNG value chain including investment firms, project developers (liquefaction and regasification), utilities, trading companies, shipping companies and downstream companies.

The aim of the event, was to present a forum in which key executives from the sector, could discuss pertinent topics (that are provided by the attendees) that are influencing the LNG and gas markets globally.

The event was conducted under Chatham House rules, however minutes from the event are now available to view on their website.

Cripps Sears & Partners hosts a number of roundtable forums throughout the year. These are generally informal lunches involving senior executives and/or practitioners with a mutual interest in a particular industry or discipline.

Attendees are invited to propose topics in advance of the event. These should be stimulating subjects that will encourage a lively debate. The summaries of previous forums can be found here.

Cripps Sears & Partners is an international Executive Search firm specialised in the energy, infrastructure and natural resources sectors.

Cripps Sears is exceptional not only for its specialist focus, its truly international reach and its knowledge-intensive operation, but also for its longevity in the business. All of these characteristics together mean that Cripps Sears consultants, all highly qualified sector and sub-sector specialists, have access to an unparalleled network of current international contacts. This keeps them abreast of market developments and enables them to deliver a choice of high quality candidates for all manner of key roles in the overlapping sectors in which we work.

Established in 1973, Cripps Sears & Partners is a truly global retained executive search firm that focuses on the Energy and Natural resources and Infrastructure sectors. Within this framework, however, the company continually evolves, driven by demands from its clients, who often work in volatile markets.

Their vision is to be the world’s most respected executive search practice in the Energy, Natural Resources and Infrastructure sectors.

************************************************
Note to press:
For more information please contact:Lisa Clausen

Email:lclausen@crippssears.com

www.crippssears.com

Published by Jodee Lourensz
J.Lourensz Marketing Consultancy
+31612559410
email us here


Source: EIN Presswire

Guyana Goldstrike Reports Visible Gold With New Discovery

New Gold Discovery in Trenching at Toucan Ridge Area, Marudi Gold Project, Guyana

VANCOUVER, BC, CANADA, July 12, 2018 /EINPresswire.com/ — Guyana Goldstrike Inc.(TSX.V: GYA, FSE:1ZT) reported a new discovery of gold mineralization at the Toucan Ridge area on its Marudi Gold Project located in the Guiana Gold Belt, Guyana, South America.

A total of 70 metres has been trenched in TTR-18-6 with twenty-seven (27) samples sent to Actlabs for assaying. Initial results have been received and ten (10) samples have been resent to be tested for total metallic content. Once this has been completed all results will be released.

Locke Goldsmith M Sc. P Eng. P Geo., VP Exploration states “It is very exciting that gold has been visually identified in trenching at Toucan Ridge and confirmed in assay results. The gold was discovered in quartzite-metachert, the host rock for mineralization at the Property. It’s significant to note that gold discoveries in the host rock at surface are not common at Marudi. Historical drill data from the Property has shown that mineralization within the quartzite-metachert occurs predominantly at depth. Toucan Ridge is therefore very important as an exploration area and as a result it has been elevated in priority for further trenching.”

Toucan Ridge Trenching

To date, as previously announced three trenches have been completed (TTR 18-5, TTR-18-6, TTR 18-7) at Toucan Ridge and the exploration team is currently working the fourth trench (TTR-18-8).

The Toucan Ridge area is roughly 1.75 kilometres in length and is the fourth area out nine areas of interest that the Company has explored since commencing its Phase One exploration program. The Company has successfully uncovered and identified the host rock quartzite-metachert in all areas explored to date.

About Quartzite-metachert (Host Rock) at Marudi

At the Marudi Property, all important gold mineralization discovered to date is associated with the medial "quartzite" unit of the Marudi Mountain Formation. Gold occurs within the magnetite-hematite rich quartzite and in the magnetite-silicate iron formation.

Historical Trenching

Previous operators at Marudi reported 3,327.40 metres of trenching and assayed 1,069 samples with gold values assayed up to 11 g/t of gold. (Source: D. Strickland P. Geo NI 43-101 Technical Report, November 30, 2016).

About Guyana Goldstrike Inc.

Guyana Goldstrike Inc. is a Canadian based junior gold company focused on the exploration, development, and operation of the Marudi Gold Project in Guyana, South America.

www.guyanagoldstrike.com

David Joseph
David Joseph Marketing
6046199192
email us here


Source: EIN Presswire