Guyana Goldfields Inc.

1.5

Canada & Ontario Toronto

141 Adelaide Street West, Suite 1608

+1 416 628-5936

www.guygold.com

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Company Press Releases

Guyana Goldfields Inc. Announces Exploration Decline Update

TORONTO, Nov. 19, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") announces that its underground development work to advance the exploration decline at Mad Kiss is temporarily suspended due to further information requested by the Environmental Protection Agenda (EPA) in Guyana. The EPA is scheduled to inspect the site today and provide further clarity regarding their request. The Company expects to resume its exploration decline construction once the matter has been resolved. All open pit operations, including surface mining and milling, remain in operation and unaff...

Guyana Goldfields Inc. Commences Underground Development with First Portal Blast

TORONTO, Nov. 9, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") is pleased to announce that the Company has commenced underground development at the Aurora Mine completing the first blast on the Mad Kiss portal (see Figures 1 and 2). The contractor will complete and reinforce the collar and extend the decline 200 metres to fulfil the scope of the early works phase. The Company expects this will be completed early in Q1, 2019. The Company is finalizing the review of bids received for the underground development contract with the target of final award in the fourth...

Guyana Goldfields Inc. Announces Approval of Normal Course Issuer Bid

TORONTO, Nov. 8, 2018 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) (the "Company") announces that it has received approval from the Toronto Stock Exchange ("TSX") of its Notice of Intention to commence a Normal Course Issuer Bid ("NCIB"). The Company intends to purchase, from time to time as it considers advisable, over the following 12-month period of the NCIB program, an aggregate of approximately 8,155,948 common shares in the capital of the Company (the "Common Shares"), representing approximately 4.7% of the Company's 173,530,802 issued and outs...

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