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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: ogi who wrote (2997)	12/9/2005 2:29:07 PM
From: mimur	Read Replies (1) of 78416

more T.GUY results today... Guyana Goldfields cuts 149 m of 3.09 g/t Au at Aurora Guyana Goldfields Inc (TSX:GUY) Shares Issued 39,878,738 Last Close 12/8/2005 $3.88 Friday December 09 2005 - News Release Mr. Patrick Sheridan reports GUYANA GOLDFIELDS INTERSECTS 149 METRES OF 3.09 G/T AU Guyana Goldfields Inc. has received additional assay results from the drilling program at the Aurora mine property, Guyana. Drilling continues to significantly expand the auriferous mineralized zones on the property. The company has received results from five holes in the Rory's Knoll area and awaits assay results from many more diamond drill holes on the property. Three of five holes have intersected significant gold mineralization. Results are reported hereunder. Hole RKD-37 This hole was designed to test for the extension of the mineralized structure at vertical depths of approximately 750 metres. This is approximately 370 m below the deepest hole to date in the zone, hole RKD-27. The hole intersected the northern edge of the mineralized structure and returned 96 m at two grams per tonne Au, including 52 m at 2.95 g/t Au. A series of wedge holes is planned from this master hole to more fully explore the central parts of the mineralized structure. Mineralized core length (m) Grade Hole No. From To Length g/t Au RKD-37 856 952 96 2.00 incl. 856 908 52 2.95 860 866 6 8.07 862 864 2 12.08 945 952 7 4.42 1,013 1,019 6 4.48 Hole RKD-38 Hole RKD-38 was designed to test the mineralized zone at a vertical depth of approximately 550 m. Excessive deviation in the direction of the hole forced the company to abandon the hole at approximately 280 m. Prior to the hole being abandoned, the drilling intersected a near-surface, previously unrecognized, zone of high-grade mineralization. This zone assayed 26.23 g/t Au over nine metres approximately 100 m below surface. Mineralized core length (m) Grade Hole No. From To Length g/t Au RKD-38 131 133 2 6.53 135 144 9 26.23 14.97 cut to 25 g/t Au Hole RKD-39 Hole RKD-39 was targeted to test for vertical continuity of gold mineralization between holes RKD-27 and RKD-23, and for lateral continuity to the north of hole RKD-34 (105.7 m at 11.53 g/t Au) this hole returned 149 m grading 3.09 g/t Au. Included within this section were two higher-grade zones of 25 m grading 7.96 g/t Au and 18 m grading 9.51 g/t Au. Mineralized core length (m) Grade Hole No. From To Length g/t Au RKD-39 330 479 149 3.09 3.02 cut to 25 g/t Au incl. 364 389 25 7.96 7.64 cut to 25 g/t Au 364 382 18 9.51 9.07 cut to 25 g/t Au 371 373 2 27.66 23.69 cut to 25 g/t Au 376 382 6 11.8 Drilling results indicate that the mineralization at Aurora has significant potential for expansion. Petrography work has demonstrated that the gold mineralization in the Aurora area is likely derived from a major intrusive event. It is likely that all eight mineralized zones drill tested to date are related to this event. Continuing reconnaissance work by company geologists has led to the discovery of a significant new zone of gold mineralization located approximately three kilometres from the Rory's Knoll area. Deep auguring in this area has returned values in excess of 10 g/t Au within a highly anomalous zone measuring approximately 200 m by 250 m and open to the north. This area will be a priority for drilling early in 2006.

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