Now that the French government has given its consent to Guyanor Resources to acquire eight concessions in French Guiana, the Toronto-listed junior will step up its exploration program.
Line-cutting, geologic mapping and channel sampling have led to the identification of a 2-km-long, mineralized zone of sheared, felsic, volcanic rocks. The width varies from 100 to 400 metres.
Stream sediment samples in the area revealed grades of 0.5-6 grams gold per tonne, whereas outcrop samples yielded averages of 1.5-2 grams.
The concessions form part of the Paul Isnard gold property.
Core drilling will begin as soon as joint-venture agreements are arranged.
Guyanor is 70%-owned by Golden Star Resources (TSE).
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