https://newsletter.mw.creamermedia.com
Gold|PROJECT|Projects|Drilling
Gold|PROJECT|Projects|Drilling
gold|project|projects|drilling

Golden Shield walks away from Tucano deal

14th October 2024

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

Canadian company Golden Shield has announced the termination of an agreement to acquire private company Tucano Gold.

Through the proposed transaction, first mooted in July, Golden Shield will have acquired gold projects in Brazil.

In a statement on Friday, CSE-listed Golden Shield did not provide any reason for terminating negotiations and only stated that its focus would remain on advancing its project in Guyana.

The company owns the 5 457-ha Marudi Mountain gold project, covering a high-grade gold camp on which a total of 50 350 m of diamond drilling has been carried out. Mazoa Hill represents the principal deposit where most of the drilling has occurred. Numerous other deposits occur on the property that require additional drilling, including Pancake Creek, Marudi North and Toucan.  

Edited by Creamer Media Reporter

Comments

Showroom

SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

VISIT SHOWROOM 
Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 17 January 2025
Magazine round up | 17 January 2025
17th January 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.104 0.179s - 128pq - 2rq
Subscribe Now