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GUYANA

Country Profile

GUYANA

  • Highly prospective and underexplored
  • Investor-friendly government policies
  • English speaking democratic republic
    • British common-law
    • Secure tenure
  • Democratically elected government
  • Government Royalty
    • 5% for gold price <US$1,000/oz
    • 8% for gold price >US$1,000/oz
  • Corporate income tax rate of 27.5%
  • No withholding tax on interest

RESOURCE ENDOWMENT

  • GOLD – Oko West (G Mining), Oko Main Zone (G2 Goldfields), Toroparu (Aris Mining), Aurora mine (Zijin Mining Group), Omai Mine (Omai Gold Mines Corp), Eagle Mountain (Mako Mining)
  • OIL – ExxonMobil discovered a Guyana offshore crude oil deposit, total reserve 8 bn barrel (750 BBL /d production per day by 2026)
  • BAUXITE – Bonasika Mine (First Bauxite Llc.), UC Rusal, Bosai Minerals Group
  • Manganese – 30 M-ton reserve being developed by Bosai with production commenced in 2021 and a 12 yr mine life

NORTH-WEST MINING DISTRICT

  • Bosai Minerals Group, Alerio Gold, Golden Shield
  • Matthews Ridge manganese production with a long history
  • Recent upgrades to Port Kaituma – an inland wharf facility and roads by Bosai Minerals Group
  • A well-developed supply infrastructure for mining
  • Airport at Matthews Ridge, 42 km to the north
tectonic-setting

Tectonic Setting

  • The Guiana Shield is very underexplored relative to the Birimian Shield of West Africa (>275 Moz)

GUYANA DEPOSITS

COMPANYPROJECTTOTAL RESOURCE
Aris Mining³Toroparu6.5 Moz @ 1.5 g/t
Zijin Mining Group¹Aurora6.0 Moz @ 2.5 g/t
G MiningOko West5.9 Moz @ 2.2 g/t
Omai Gold Mines²Omai3.7 Moz @ 2.1 g/t
G2 GoldfieldsOko Main Zone2.0 Moz @ 5.3 g/t
Mako Mining³Eagle Mountain1.8 Moz @ 1.1 g/t
Alerio GoldTassawini0.50 Moz @ 1.3 g/t
WBD GoldQuartzstone0.47 Moz @ 5.0 g/t
Zijin Mining GroupSulfur Rose0.46 Moz @ 2.1 g/t

COMPANIES OPERATING IN GUYANA

COMPANYPROJECT
Aris Mining Corp.Toroparu
Zijin Mining Group Co.Aurora Mine | Sulfur Rose | Marudi Mountain (20%)
G MiningOko West | Aremu | Waiamu | Kartuni
G2 Goldfields Inc.Oko Main Zone | Aremu | Peters Mine
Omai Gold Mines Corp.Omai Mine (past producer)
Mako MiningEagle Mountain
Alerio Gold Corp.Tassawini
Golden Shield Res.Marudi Mtn | Arakaka
Barrick GoldPast deals with Alicanto, Reunion, Troy Res & still looking around