Golden Shield Resources Inc.

Golden Shield Resources Inc. is pleased to announce that it intends to complete a non-brokered private placement for total proceeds of up to $975,000, consisting of up to 6,500,000 common shares of the Company at a price of $0.15 per Share. The Company intends to use the net proceeds from the Offering for exploration expenditures at the Company's Marudi Mountain Property, as well as corporate and general working capital [...]

]Golden Shield Resources has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every ten pre-consolidated common shares. As a result, the number of outstanding shares will be reduced to approximately 6,602,849 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close of business on April 17 [...]

Golden Shield Resources is pleased to provide an update on its 100% owned flagship, 5,457-hectare Marudi Mountain gold project located southwestern Guyana project as well as the Company's corporate initiatives. Marudi Mountain Gold Project Update Golden Shield has noted increased activity by miners operating within the Mazoa Hill Special Mining Permit, that is located within the Marudi Mountain Property. The MHSMP was [...]

Golden Shield Resources reports that it has terminated negotiations in respect of the potential acquisition of Tucano Gold Inc. Golden Shield will focus its efforts on advancing its flagship property, the 5,457-hectare Marudi Mountain gold project. The Marudi property covers a high-grade gold camp on which a total of 50,350m of diamond drilling has been carried out, with Mazoa Hill representing the principal deposit where [...]

Golden Shield Resources Executive Chairman Leo Hathaway joined Steve Darling from Proactive to announce a strategic move for the company. Golden Shield Resources has entered into a non-binding letter of intent with Tucano Gold to acquire all issued and outstanding securities of Tucano Gold in exchange for securities in Golden Shield Resources. This acquisition positions Golden Shield Resources to benefit from continued [...]

Golden Shield Resources is pleased to announce that it has entered into a non-binding letter of intent dated July 22, 2024 with Tucano Gold Inc. pursuant to which the Company will acquire of all the issued and outstanding securities of Tucano Gold in exchange for securities in the Company. Golden Shield's Executive Chairman, Leo Hathaway commented, "This transaction provides Golden Shield with continued exposure to the [...]

Key Highlights: Diamond drilling at Mazoa Hill confirms high-grade gold: 4.16 g/t gold over 23m, including 7.01 g/t gold over 11m. Diamond drilling at Pancake Creek hits 25m grading 3.01 g/t gold from surface. Diamond drilling of newly discovered shear zone at Pancake Creek returns numerous anomalous intercepts. Golden Shield Resources Inc. is pleased to announce final results from its diamond drilling campaign at the [...]

Key Highlights: Pancake Creek - Golden Shield intersects 90m shear zone in the second of three diamond drillholes at Pancake Creek. Mazoa Hill - Golden Shield intersects 15 m at 1.40 g/t Au from 14.5 m depth and 16 m at 1.01 g/t Au Incl. 8 m at 1.23 g/t Au from 71 m depth in initial drill results from the first 100 m of hole MH-24-40. Golden Shield has now drilled 1336m in 6 drillholes at the Marudi Mountain property in [...]

Key Highlights: 1.45 g/t Au over 20 m at Pancake Creek is the best intersection drilled by Golden Shield's RC drilling campaign to date. Diamond-drilling at Pancake Creek has been initiated, initial hole completed, second hole underway. Initial hole at Mazoa Hill abandoned at 417 metres due to excessive deviation, redrill hole targeting depth extension to commence following drilling at Pancake Creek. Samples from [...]

Key Highlights Golden Shield has commenced a fully funded diamond drill program at the Marudi Mountain Property. The first hole of this diamond drill program, currently at 270 metres, will focus on testing the depth of high-grade gold mineralization at Mazoa Hill to guide resource estimation and testing new high-potential exploration drill targets. The diamond drill program will build on significant intercepts from [...]