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Golden Shield Resources Inc. ( (TSE:GSRI) ) has provided an announcement.
Golden Shield Resources Inc. has provided an update on its Marudi Mountain gold project, noting increased mining activity within the Mazoa Hill Special Mining Permit area. The company is awaiting the renewal of its Prospecting License and has applied for an extension. Due to market conditions, Golden Shield has implemented cost-cutting measures and paused field activities while exploring alternatives for the project.
More about Golden Shield Resources Inc.
Golden Shield Resources Inc. is a company focused on the exploration and development of mineral projects, specifically controlling the 5,457-hectare Marudi Mountain Property located in the Rupununi District of southwestern Guyana.
YTD Price Performance: 125.00%
Average Trading Volume: 236,131
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$2.31M
Find detailed analytics on GSRI stock on TipRanks’ Stock Analysis page.