Golden Shield announces drilling results at its Mazoa Hill deposit

Published by Joe Toft, Editorial Assistant
Global Mining Review, Friday, 09 December 2022 15:00

Golden Shield Resources Inc. has announced assay results from the remaining three of the six holes drilled at Mazoa Hill at its 100% owned flagship, 5457 ha. Marudi Mountain gold project located in southwestern Guyana. All three diamond drill holes intersected gold mineralisation highlighted by a 25 m intersection grading 3.48 g/t gold. Assay results from the initial three drill holes were announced on 7 November 2022. As reported on 13 September 2022, the six drill holes form part of the company’s 3000 m Phase III drill program designed primarily to test the southern and depth extension of the gold mineralisation at the Mazoa Hill.

The better drill intersections from this three hole drill fence that stepped out 60m to the southeast, on Mazoa Hill are:

MH-22-31 – 24.80 m grading 3.48 g/t gold, and – 23.00 m grading 2.06 g/t gold, including – 5.90 m grading 5.26 g/t gold.
MH-22-32 – 21.46 m grading 2.25 g/t gold including – 7.46 m grading 4.45 g/t gold.
MH-22-33 – 13.70 m grading 2.28 g/t gold including – 3.00 m grading 7.64 g/t gold.

Hilbert Shields, CEO of Golden Shield, commented:

“Our three drilling campaigns this year at Mazoa Hill have all been rewarded with high grade and width intersections in the quartz metachert (QMC), the host lithology at Mazoa Hill. The company has both extended the Mazoa gold mineralisation and successfully tracked the QMC down plunge and used its increased understanding of the lithological and structural controls at Mazoa to map, sample and exploratory drill, two "Mazoa Type" targets within an almost 2 km prospective exploration corridor.”

Read the article online at: https://www.globalminingreview.com/mining/09122022/golden-shield-announces-drilling-results-at-its-mazoa-hill-deposit/

Teck and Anglo American to combine through merger of equals to form a global critical minerals champion

Monday 15 September 2025 15:00

Teck Resources Limited and Anglo American plc announce they have reached an agreement to combine the two companies in a merger of equals to form the Anglo Teck group, a global critical minerals champion and top five global copper producer, headquartered in Canada and expected to offer investors more than 70% exposure to copper.

Hilbert Shields, CEO of Golden Shield, commented:

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