Though it has long been a source of wealth for the country, gold exploration in Guyana has been on a tear over the last four years. While sociopolitical disruptions seem to be popping up in other nations within South America, Guyana is moving forward, and catching up on learning more about its mining districts to the benefit of the investment world abroad.
There have been a number of successful gold stories coming out of Guyana already. From Guyana Goldfields and its Aurora Gold and Aranka Projects, to Sandspring Resources and its multi-million ounce Toroparu Gold-Copper Deposit, there have been enough success stories to get excited about.
The latest pair of companies that have been aiding in the act of putting Guyana onto the world's golden map are Azimuth Resources and its next door neighbour Tajiri Resources.
Earlier this summer Azimuth turned heads by achieving a drill density high enough to push its West Omai property (15km and 60km to the west and northwest of Iamgold's Omai Gold mine), into 43-101 compliance. With the announcement came the very promising realization that West Omai was containing close to 12,500 tons for over 1.2 million ounces of gold reserves at an average grade of 3.1 g/t Au.
Situated right beside and within the same corridor as Azimuth, is Tajiri's Kaburi property, which occupies 2,598 hectares (6,421 acres) of the Guiana Shield Greenstone Belt. With drilling set for Q4 of this year, Tajiri is looking to capitalize on the successes witnessed by their neighbors, Azimuth. . .View Full Article